Finance and Accounting Associate

Finance and Accounting Associate

Hart Entry level 28800 - 48000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Join our finance team to support accounting and reporting for UK and Ireland.
  • Company: Elanco is a global leader in animal health, dedicated to innovation and sustainability.
  • Benefits: Enjoy a diverse work environment with opportunities for growth and skill development.
  • Why this job: Make a positive impact on animal health while advancing your finance career.
  • Qualifications: Bachelor's degree in Finance or Accounting; final-year students are welcome to apply.
  • Other info: This is a fixed 12-month contract with potential for future opportunities.

The predicted salary is between 28800 - 48000 £ per year.

At Elanco (NYSE: ELAN) - it all starts with animals! As a global leader in animal health, we are dedicated to innovation and delivering products and services to prevent and treat disease in farm animals and pets. We are driven by our vision of 'Food and Companionship Enriching Life' and our approach to sustainability - the Elanco Healthy Purpose - to advance the health of animals, people, the planet and our enterprise.

At Elanco, we pride ourselves on fostering a diverse and inclusive work environment. We believe that diversity is the driving force behind innovation, creativity, and overall business success. Here, you will be part of a company that values and champions new ways of thinking, work with dynamic individuals, and acquire new skills and experiences that will propel your career to new heights. Making animals' lives better makes life better - join our team today!

The Finance and Accounting Associate role will be a key member of the Elanco UK finance team. This is an entry level role and will offer the candidate an opportunity to join a high performing, globally recognized finance organization, supporting the highest standards of internal and external financial reporting, controls and compliance for both our UK and Irish legal entities. This is being posted as a fixed duration contract with an initial contract period of 12 months.

The Company recently acquired a manufacturing site which has approximately doubled the size of the UK headcount and increased the scope and complexity of internal and external reporting obligations. We are also in a period of stabilization and integration of systems, processes and controls.

Elanco UK is a material component of the Elanco US Listed Group with multiple reporting streams including Manufacturing, IT, Quality, Regulatory, Regional commercial functions and our Commercial sales and marketing division. Our Irish legal entity holds a unique status as a largely intercompany operation holding inventory in many European countries.

Key Responsibilities & Deliverables:

  • US GAAP accounting: the finance associate will support many aspects of the month end close process for both UK and Ireland legal entities, including ownership of certain general ledger accounts, journal postings, account reconciliations. It will include the preparation of the functional income statement report for monthly finance review.
  • Supporting the monthly accounting for payroll, revenue and gross to net, leases.
  • External financial reporting: supporting the financial statement preparations, GAAP to Stat and annual audit.
  • Other external reporting: supporting the Companies' compliance with all other financial reporting obligations including but not limited to Payments Reporting, ONS returns, Environmental reporting.
  • Purchase to Pay: supporting the administration of manual and urgent payments, adhoc purchase order requests and liaison with the Elanco shared service centre.
  • The financial associate will support the UK&I financial planning processes during the critical planning cycles and will provide adhoc support to commercial business in evaluating investment decisions.
  • Customer price incentives: analysis of the discount and rebate terms negotiated upon with new and existing customers to determine the commercial effect to Elanco.
  • Working with Elanco's internal AI capabilities to improve the efficiency and effectiveness of reporting and business partnering.

Requirements:

  • Bachelors Degree (or similar) in Finance or Accounting, or equivalent work experience (applications from final-year students are also welcome).
  • Proven analytical, problem solving, and communication skills.
  • Ability to work in local/regional/global team environment and communicate effectively with both internal business partners of all levels & disciplines as well as external stakeholders such as auditors and tax authorities.
  • Strong Microsoft experience in Word, PowerPoint and highly proficient in Excel.
  • Fluency in English language.

Additional Skills / Preferences:

  • Experience of SAP/ Power BI.

Finance and Accounting Associate employer: Elanco Animal Health Incorporated

Elanco is an exceptional employer that champions a diverse and inclusive work environment, fostering innovation and creativity among its employees. As a Finance and Accounting Associate in Hook, Hampshire, you will be part of a globally recognised finance team, gaining invaluable experience in financial reporting and compliance while contributing to the health of animals and the planet. With a commitment to employee growth and a supportive culture, Elanco offers a unique opportunity to advance your career in a meaningful way.
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Contact Detail:

Elanco Animal Health Incorporated Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Finance and Accounting Associate

✨Tip Number 1

Familiarise yourself with US GAAP accounting principles, as this role heavily involves month-end close processes and financial reporting. Understanding these standards will not only help you in the interview but also demonstrate your commitment to the role.

✨Tip Number 2

Brush up on your Excel skills, particularly in areas like data analysis and financial modelling. Since the position requires strong proficiency in Excel, showcasing your ability to manipulate and analyse data effectively can set you apart from other candidates.

✨Tip Number 3

Network with current or former employees of Elanco, especially those in finance roles. They can provide valuable insights into the company culture and expectations, which can help you tailor your approach during the application process.

✨Tip Number 4

Prepare to discuss your analytical and problem-solving skills in detail. Be ready to provide examples of how you've used these skills in past experiences, as they are crucial for the Finance and Accounting Associate role.

We think you need these skills to ace Finance and Accounting Associate

US GAAP Accounting
Financial Reporting
Analytical Skills
Problem-Solving Skills
Communication Skills
Account Reconciliation
Journal Postings
Payroll Accounting
Revenue Recognition
Excel Proficiency
Microsoft Office Suite
Team Collaboration
Attention to Detail
Experience with SAP
Power BI Knowledge

Some tips for your application 🫡

Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Finance and Accounting Associate position at Elanco. Tailor your application to highlight relevant skills and experiences that align with the job description.

Craft a Strong CV: Your CV should clearly outline your educational background, particularly your degree in Finance or Accounting. Include any relevant work experience, internships, or projects that demonstrate your analytical and problem-solving skills, as well as proficiency in Microsoft Excel.

Write a Compelling Cover Letter: In your cover letter, express your passion for animal health and how it aligns with Elanco's mission. Highlight your communication skills and ability to work in diverse teams, as these are key attributes for the role. Be sure to mention any experience with financial reporting or compliance.

Proofread Your Application: Before submitting your application, carefully proofread all documents for spelling and grammatical errors. A polished application reflects your attention to detail, which is crucial in finance roles. Consider asking a friend or mentor to review your application as well.

How to prepare for a job interview at Elanco Animal Health Incorporated

✨Understand US GAAP Accounting

Familiarise yourself with US GAAP accounting principles, as this role heavily involves month-end close processes and general ledger management. Be prepared to discuss how you would handle journal postings and account reconciliations.

✨Showcase Analytical Skills

Highlight your analytical and problem-solving skills during the interview. Prepare examples of how you've used these skills in past experiences, especially in financial contexts, to demonstrate your capability to support financial planning and reporting.

✨Communicate Effectively

Since the role requires liaising with various stakeholders, practice articulating your thoughts clearly. Be ready to explain complex financial concepts in simple terms, showcasing your ability to communicate with both internal teams and external auditors.

✨Demonstrate Proficiency in Excel

As strong Excel skills are essential for this position, be prepared to discuss your experience with Excel functions and data analysis. If possible, bring examples of reports or analyses you've created to illustrate your proficiency.

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