Jobs and Careers
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Financial Specialist- Payment Application & Processing
Sherwin-WilliamsUnited Statesfull_timeVerifiedPosted 13 May 2024
About the role
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.
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
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.
Sherwin-Williams is proud to be an Equal Employment Opportunity/Affirmative Action employer committed to an inclusive and diverse
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