What are the responsibilities and job description for the Finance Specialist - Cash Application position at Sherwin-Williams?
JOB DESCRIPTION
The Finance Specialist, Cash Application is a fulltime opportunity within the Enterprise Financial Services (EFS) team of Group Finance. The position is responsible for cash application activities for Accounts Receivable (AR) on behalf of Paint Stores Group (PSG), Performance Coatings Group (PCG), and Consumer Brands Group (CBG). The successful candidate will have direct contact with our internal and external customers; build relationships with the sales organization, and collaborate with finance colleagues of The Sherwin-Williams Company.
RESPONSIBILITIES
CORE RESPONSIBILITIES AND TASKS
CORE RESPONSIBILITY – Cash Application
- Accurately resolve “exceptions” on customers payments in High Radius (HRC)
- Optimize cash flow through timely and accurate cash application of customer payments
- Ensure payment application accuracy by identifying and resolving discrepancies at the time of payment posting
- Promote credibility by ensuring properly reflected customer statements through precise and consistent cash application practices
- Post and apply payments from various sources including POS terminals, ACH, EFT, and Wire receipts
CORE RESPONSIBILITY – Reconciliation
- Initiate professional contact with field personnel and customers as needed to obtain remittance advice
- Partner with Accounting personnel to reconcile open payment reports
- Assist in 3rd party audits related to internal customer payments
- Reconcile bank statements against cash received in various ERP systems
- Reconcile complex payment remits on major accounts
CORE RESPONSIBILITY – Process Improvement and Documentation
- Assist the Cash App Manager in identifying needed process improvements in the appropriate ERP
- Facilitate ease of research for Credit Management though succinct explanations on chargebacks and deductions
- Maintain both physical and digital records to support corporate and 3rd party audits, including ARJV authorizations, bank reports and other records as directed by Cash Application Manager
- Other tasks as assigned.
QUALIFICATIONS
FORMAL EDUCATION:
Required:
- High School Diploma
Preferred:
- Bachelor’s Degree
KNOWLEDGE & EXPERIENCE:
Required:
- Knowledge of finance and accounting in an AR setting
- Aptitude in critical thinking and/or business problem-solving
Preferred:
- Accounting experience
- Business communications experience
- SW store, branch, or facility experience
- Customer service experience
SKILLS/TECHNICAL REQUIREMENTS:
Required:
- Ability to independently solve practical problems while dealing with a variety of concrete variables
- Ability to follow cash application instructions via written and oral communication
- Organizational and time management skills to prioritize workload in order to meet deadlines
- Basic Accounting
- Advanced Math Skills
- Advanced level MS Excel Skills
Preferred:
- CPR and/or Oracle cash app training
EMPLOYER DESCRIPTION
Here, we believe there’s not one path to success, we believe in careers that grow with you. Whoever you are or wherever you come from in the world, there’s a place for you at Sherwin-Williams. We provide you with the opportunity to explore your curiosity and drive us forward. Sherwin-Williams values the unique talents and abilities from all backgrounds and characteristics. All qualified individuals are encouraged to apply, including individuals with disabilities and Protected Veterans. We’ll give you the space to share your strengths and we want you show us what you can do. You can innovate, grow and discover in a place where you can thrive and Let Your Colors Show!
At Sherwin-Williams, part of our mission is to help our employees and their families live healthier, save smarter and feel better. This starts with a wide range of world-class benefits designed for you. From retirement to health care, from total well-being to your daily commute—it matters to us. A general description of benefits offered can be found at http://www.myswbenefits.com/. Click on “Candidates” to view benefit offerings that you may be eligible for if you are hired as a Sherwin-Williams employee.
Compensation decisions are dependent on the facts and circumstances of each case and will impact where actual compensation may fall within the stated wage range. The wage range listed for this role takes into account the wide range of factors considered in making compensation decisions including skill sets; experience and training; licensure and certifications; and other business and organizational needs. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled.
The wage range, other compensation, and benefits information listed is accurate as of the date of this posting. The Company reserves the right to modify this information at any time, with or without notice, subject to applicable law.
Qualified applicants with arrest or conviction records will be considered for employment in accordance with applicable federal, state, and local laws including with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act where applicable.
Sherwin-Williams is proud to be an Equal Employment Opportunity/Affirmative Action employer committed to an inclusive and diverse workplace. All qualified candidates will receive consideration for employment and will not be discriminated against based on race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability, age, pregnancy, genetic information, creed, marital status or any other consideration prohibited by law or by contract.
As a VEVRAA Federal Contractor, Sherwin-Williams requests state and local employment services delivery systems to provide priority referral of Protected Veterans.
Please be aware, Sherwin-Williams recruiting team members will never request a candidate to provide a payment, ask for financial information, or sensitive personal information like national identification numbers, date of birth, or bank account numbers during the application process.
Salary : $49,226 - $60,701
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