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Inventory Accounting Analyst
Apply
$70k-86k (estimate)
Full Time 5 Days Ago
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The Sherwin-Williams Company is Hiring an Inventory Accounting Analyst Near Cleveland, OH

CORE RESPONSIBILITIES AND TASKS

The Inventory Analyst is responsible for inventory accounting across multiple Global Supply Chain manufacturing and distribution sites. Utilizing investigative skills, the Inventory Analyst identifies, research, and remedies accounting variances. The analyst puts emphasis on book to perpetual review and plays a key role during annual physical inventory. In this role, the Inventory Analyst will develop a familiarity with inventory and operational accounting and strengthen analytical and problem-solving skills. The analyst drives continuous improvement by providing innovative feedback and employs transactional lean tools to make inventory processes increasingly more efficient.

Core functions of the position include, but may not be limited to, the following;

General Ledger to Perpetual Reconciliation

  • Reconcile perpetual inventory balances to the general ledger
  • Identify root cause of variances and book correcting entries as needed

Annual Physical Inventory

  • Support the annual physical inventory process for BoB plants and distribution centers
  • Work with sites to prepare for physical inventory and clear pre-inventory checklists
  • Travel to sites during the count and assist with running reports, reviewing variances, etc.

Physical Inventory Exemption (PIE) Program

  • Review monthly cycle count results of sites on the PIE program
  • Monitor metrics such as count accuracy and completion percentage and provide updates to sites regarding their progress towards maintaining exemption
  • Travel to sites on the program annually and conduct audit procedures to ensure site adherence to policy

Month End Close

  • Calculate and book entries in support of monthly financial close
  • Review and provide reporting on monthly results

Adhoc Analysis and Projects:

  • Perform ad-hoc analysis as requested by either Inventory Management or Business Unit level Management.
  • Participate in special projects as needed

POSITION REQUIREMENTS

FORMAL EDUCATION:

Required:

  • Bachelor's Degree

Preferred:

  • Accounting or Finance Major

KNOWLEDGE & EXPERIENCE:

Required:

  • 1 years in an Accounting or Finance position
  • Strong analytical, problem solving, and communication skills
  • Working knowledge of Microsoft Office applications, particularly Excel.

Preferred:

  • Prior experience within an inventory accounting type of position.
  • Prior operations (MFG/DSC) experience.
  • Prior audit experience.
  • Working knowledge of Operational Order Mgtm Systems, Accounts Payable and/or Billing systems
  • Working knowledge of TAG POS, AOM, Oracle, Microstrategy, and Business Objects

TECHNICAL/SKILL REQUIREMENTS:

Required:

  • Effectively manage through various operating systems
  • Ability to communicate effectively with individuals at all levels of management
  • Ability to recognize trends, patterns, and investigate financial irregularities

Preferred:

  • Successful completion or involvement in a large scale financial project (i.e...member of an integration, an acquisition or new operating system)

Travel up to 10%

Job Summary

JOB TYPE

Full Time

SALARY

$70k-86k (estimate)

POST DATE

05/09/2024

EXPIRATION DATE

05/28/2024

WEBSITE

sherwin-williams.com

HEADQUARTERS

SOUTH PORTLAND, ME

SIZE

>50,000

FOUNDED

1866

CEO

BRIAN DYER

REVENUE

$10B - $50B

INDUSTRY

Retail

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About The Sherwin-Williams Company

Our mission began more than 150 years ago in 1866 when Henry Sherwin and Edward Williams founded the company in Cleveland, Ohio. The duo went on to shape an industry and create a global legacy. That legacy continues on today as we look ahead and continue to innovate our future. With stores, distribution centers and facilities spanning the globe, we're able to deliver the best in paints, coatings and related products to the world. From our headquarters to our 130 distribution centers and more than 4,000 retail locations, we continue to grow in new and exciting ways. Here, there's no one path to ... success. Our 60,000+ employees are diverse, innovative and passionate. Our employees worldwide bring their energy and unique perspectives to each new day. We believe in careers that grow with you and open up new opportunities. With the support of a global team, you can innovate, grow and discover a career where you can thrive and Let Your Colors Show. Equal Opportunity Employer of all protected statuses, including disability and veteran. More
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The following is the career advancement route for Inventory Accounting Analyst positions, which can be used as a reference in future career path planning. As an Inventory Accounting Analyst, it can be promoted into senior positions as a Financial Analyst III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Inventory Accounting Analyst. You can explore the career advancement for an Inventory Accounting Analyst below and select your interested title to get hiring information.

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