Finance Analyst, Accounts Receivable
About the role
This role is involved with month-end processes to ensure a timely and accurate month-end close. Ad-hoc reporting, audit requests, and project support are additional tasks that this role may be asked to assist with. The position works directly in support of multiple Internal Controls related to the OTC process and is maintained by the Sales Accounting Supervisor. This position is located at our global headquarters in Cleveland, OH and is not hybrid or remote.
Because this role involves access to confidential financial information, the Company requires a review of criminal history to protect the business, its operations, reputation, clients, and potential investments.
Responsibilities
- Highly involved in month-end close process:
- Create journal voucher entries
- Review AR balances at a high level to ensure completeness
- Handle ad-hoc requests from management
- Close AR systems working with IT support as needed
- Upload entries in support of other teams across the organization (Ecofees, Revenue Deferral, Lockbox Clearing Activity, Check Deposits, Jet Lease Entries)
- Monthly balance sheet account reconciliations:
- Timely completion of monthly balance sheet reconciliations
- Research balances to determine why they exist and what must happen to clear them
- Research and resolve AR variances in excess of $100K
- Lockbox, AR, AR Suspense, and VOC/Ecofee Reconciliations
- Upload reconciliations into RCM
- Review of Daily Sales Reports and issue resolution:
- Monitor Daily Sales Reports to ensure all invoices generated in AOM are transmitted to Oracle R12 and the Cloud GL
- Work with IT to notify them of identified issues and follow up for timely resolution
- Monitor the Oracle Kickouts Report and submit issues to IT for resolution
- Scheduling and leading meetings with upper management to address variance write-off requests as needed
- Assist with various ad hoc projects:
- Utilize Data Services technology to automate manual tasks
- Work with an FTDP employee to help train on tasks rotated to the position
- Presentation to Internal/External Audit:
- Present Balance Sheet Reconciliations to internal/external Audit as needed multiple times per year
- Act as a resource to answer any questions related to AR/Lockbox Reconciliations with support of the Supervisor
Requirements
- Bachelor's Degree in Accounting, Finance, or related business field (or equivalent work experience: three years of work experience for every one year of college education required)
- 2+ years of Accounting, Finance, or related experience
- Excellent communication, analytical, and organizational skills; attention to detail
- Must be legally authorized to work in the United States without sponsorship now or in the future for employment visa status
- Must be at least eighteen (18) years of age
Preferred Qualifications
- Experience with RCM Reporting and Oracle R12
- Familiarity with Sales Accounting concepts, and working cross-functionally with multiple teams
- Experience with SW reporting tools (Factfinder, Microstrategy, Onestream, etc.)
Travel: 10%
About Us
At Sherwin-Williams, our purpose is to inspire and improve the world by coloring and protecting what matters. Our paints, coatings, and innovative solutions make the places and spaces in our world brighter and stronger. Your skills, talent, and passion make it possible to live this purpose and achieve great results for customers and our business.
Sherwin-Williams invests in its employees through rewards, benefits, and flexibility to enhance health and well-being, career development opportunities, and an inclusive, supportive team environment.
Benefits
A wide range of world-class benefits is offered, including retirement, health care, total well-being, and daily commute support. More information can be found at http://www.myswbenefits.com/ under "Candidates."
Pay
Compensation decisions depend on various factors, including skill sets, experience, training, and business needs. The wage range for this role is provided considering these factors.