Associate Finance Analyst, Inventory Accounting
Share
Job Location:
Cleveland, TN - USA
Monthly Salary:
Not Disclosed
Posted on:
7 hours ago
Vacancies:
1 Vacancy
Job Summary
This position will be responsible for overseeing the processing and resolving of internal invoices as well as billing adjustments (IBARs) in a timely and accurate manner for all stores. Billing adjustments will include shipping discrepancies pricing discrepancies returns carrier claims and transfers. Key functions of this position will include processing auto-ships to stores establishing store promotional pricing resolving questions and issues as they arise from the field and headquarters generating Store Billing reporting and assisting Management in improving overall processes regarding MMS Purchasing (Oracle) Store Billing IBARs and Inventory. This position could also be involved in distributing work for billing processors/interns and training new employees.
This position will play a key role for Physical Inventory in ensuring the accuracy of the book inventory for all stores including timing differences for billing and credits to the stores for both the external and internal processes to minimize store inventory shrink/ addition this position will be involved with regular ad hoc reviews requested by management.
Because this role involves access to confidential financial information the Company has determined that a review of criminal history is necessary to protect the business and its operations and reputation and to provide similar protections for its clients and potential investments.
This role is not hybrid or remote and is located at our Cleveland OH office.
Responsibilities
CORE RESPONSIBILITIES:
WORK DISTRIBUTION/TRAINING/LEAD
- Train employees on the Invoice and IBAR processes.
- Create distribute and manage review files.
- Provide closing report specific training to individuals in the group.
FINANCIAL ASSISTANCE
- Perform various month end responsibilities
- Process adjustment files to stores.
- Validate high dollar external receipts not billed.
- Review balance sheet reconciling items.
- Prepare journal entries where needed.
- Review external invoices to determine if properly coded to inventory or if need taken to shrink expense.
- Process auto-shipments to stores.
- Establish Store Promotional pricing.
- Perform ad-hoc reviews where needed to assist overall team goals.
OVERSEE AND REVIEW AND PROCESS BILLING ADJUSTMENTS
- Verifying proof of delivery from DSC/plant
- Ensure the timely processing of shipping discrepancies returns carrier claims and transfers.
- Ensure costs and quantities on billing transactions are accurate.
- Review internal transactions kickout reports.
- Review potential duplicate external receipts.
PARTICIPATE IN PHYSICAL INVENTORY REVIEWS
- Work with stores to verify the accuracy of closing reports for the physical inventory process for external and internal vendors.
STORE CORRESPONDENT
- Field calls from stores relating to Store Billing processes.
- Research field questions submitted via Factfinder.
IDENTIFY AREAS FOR PROCESS IMPROVEMENTS.
- Review current processes and offer suggestions to enhance these processes to maximize efficiencies
Qualifications
POSITION REQUIREMENTS
FORMAL EDUCATION:
Required:
- Bachelors degree in Business Finance or Accounting.
Preferred:
- 1 year(s) of experience in finance or accounting.
- Finance internship experience.
KNOWLEDGE & EXPERIENCE:
Required:
- Business and/or office experience
- Proficient in Microsoft Excel
- Organized and meets deadlines
- Good interpersonal skills
Preferred:
- Prior experience within an inventory accounting type of position.
- Prior Store Division experience.
- Prior audit experience.
- Working knowledge of Accounts Payable and/or Billing systems.
- Working knowledge of PSG POS AOM Oracle MicroStrategy and Business Objects
TECHNICAL/SKILL REQUIREMENTS:
Required:
- Strong Microsoft Excel Skills
- Strong written and verbal communication skills
- Attention to detail and the ability to multitask
- Periodical work outside the standard office 7.5-hour workday may be required.
TRAVEL: 10%
Required Experience:
IC
Key Skills
- Internal Audit
- Accounting Tally
- Data Entry
- Compliance
- Accounting & Finance
- Oracle database
- GAAP
- General Ledger Accounting
- Communication
- External Audit
- MySQL
- MS SQL
- Microsoft offices
- Financial statement
- ACCA
About Company
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 purp ... View more
