Sr. Financial Analyst- Cost Accounting

Sherwin-Williams hiring for Sr. Financial Analyst- Cost Accounting jobs in Cleveland, OH, US

Position Overview:

The Senior Financial Analyst – EMEA Cost Accounting, is responsible for the execution of Global Costing strategic initiatives, with a focus on standard cost integration of non-Core ERPs in the EMEA region. Responsibilities will be focused on achieving strategic and transactional objectives, as outlined below:

Strategic Responsibilities:

Today’s Global Cost Team is structured to support cost accounting functions within Sherwin’s “Core ERPs” (BoB, Oracle R12, Oracle 11i, and Oracle Cloud). A strategic departmental objective is to enhance our footprint beyond those core systems to build understanding, bring standardization, and to provide a basis for future integrations and system implementations. Initially – this position will focus on expanding our footprint in the EMEA Region to these other locations/systems – beginning with Germany’s Vaihingen Site, before continuing to evolve further. Strategic objectives of this position include:

1. Collaborate with existing resources in region to understand general information such as commercial organizations served, key contacts in the business and IT, production types and trends, systematic limitations or access constraints, and the availability of financial information from the source-system.
2. Understand current task ownership, accounting logic utilized, inputs into the legacy costing logic, accounting flows and ownership of financial results, and other specific considerations related to supporting the cost accounting function for that location and/or system. 
3. Establish expertise and robust SOPs for the ‘current state’ of all costing activities performed.
4. Communicate and implement standard cost accounting logic and processes where appropriate.
5. Make recommendations to management for how best to align cost accounting functions, either centrally or in-region to meet strategic department objectives. 
6. Execute and support those strategic decisions, as required.

Transactional Responsibilities:

As this role grows, the expectation is that an initial workload of transactional functions will be supported by this position. This position will be tasked with completing and/or presenting solutions to leadership as to how these responsibilities should be structured within the existing cost team or across the organization. Accounting activities to be performed or coordinated include but are not limited to:

1. Implement and enhance standard policies and accounting procedures.
2. Responsible for new product costing and setups.
3. Support subledger/create-accounting functions to ensure timely flow of accounting through the subledger and into the ledger.
4. Annual Standards Development for material and overheads, Re-rolls of material cost as required.
5. Perform various month-end journal entries for cost accounting concepts such as those relating to PPV, absorption, and manufacturing variances. Ensure the accuracy of financial results.
6. Complete balance sheet reconciliations for assigned concepts.
7. Document new process flows and procedures.
8. Partner with various business groups to provide financial information and support.
9. Provide support to audit, regulatory bodies, or others, as required.
10. Other related responsibilities as assigned.

FORMAL EDUCATION:

Required:

• Bachelor’s degree in accounting, finance, or a similar business degree.

KNOWLEDGE & EXPERIENCE:

Required:

• 3+ years of accounting experience.
• Strong written and oral communication skills.

Preferred:

• International or cross functional experience in a manufacturing company.

TECHNICAL/SKILL REQUIREMENTS

Required:

• Understanding of standard costing, cost development, and variance accounting.
• Proficient in Microsoft Excel and Microsoft Office applications.

Preferred:

• Experience with SAP, ProJ, QAD, or Oracle Applications.
• Experience with Oracle Cloud GL and OneStream
• Experience with reporting tools such as Analytics, OTBI, or Tableau.

Travel up to 10%