Supervisor, Global Cost Accounting

The Global Cost Accounting Supervisor position is a key member of the Enterprise Finance Global Cost Accounting Team. It is highly engaging and collaborative as it will work across ERPs, global regions, finance networks, and commercial groups. The position will lead a team of direct reports and will engage in daily cross-functional collaboration across the network. Key responsibilities include but are not limited to raw material standard costing, material & conversion variances, passthrough, capitalization, as well as consolidated LIFO Accounting. 

Responsibilities include, but are not limited to:

• Manage company-wide LIFO reserve. Calculate monthly LIFO income/expense forecast and, year-end actual. LIFO reserve is calculated based on inventory at actual cost (standard cost + material/conversion variances). This includes ensuring that all inventory, cost related spending, and absorption, are included in the calculation and correctly assigned to the appropriate inventory pool. Provide summary reports to management along with explanations of key-drivers that effects LIFO fluctuation.
• Manage material variances passthrough process. This position is responsible for the monthly allocation of raw material related variances incurred by operations to the commercial divisions. This includes ensuring the variances are correctly allocated between business units, reviewing the variances each month to ensure they are correct, and managing the process to ensure the variances are correctly deferred. This position is primary point-of-contact for any material variances inquiries from GSC Operations and/or Commercial Divisions. 
• Manage Material and Conversion Capitalization required for year-end inventory valuation for domestic and international regions. 
• Develop monthly forecast for material variances for international regions. 
• Maintain raw material standard costs for the North America plants within QAD. Lead Raw Material Costing team during raw material standard cost developments. Work closely with Global Procurement and Enterprise Data Science team for the new standard costs build. 
• Manage raw material cost team responsibilities which include but are not limited to monthly calculation of Standard Actual Cost (SAC), purchase price variance review, managing the vendor credit process for both the Best of Breed and Oracle 11i locations, and raw material cost reporting. 
• Assist with audit review which could be annually and/or semi-annually.
• Drive process improvement initiatives and implement best practices. Contribute to Enterprise Finance & BIOS initiatives. Engage in other daily or strategic responsibilities as assigned.

FORMAL EDUCATION: 

Required:  

• Bachelor's Degree with a major in Accounting, Finance, or a similar Business degree.

KNOWLEDGE & EXPERIENCE:

Required: 

• 4-5 years of accounting experience. 
• Strong analytical, problem solving, and communication skills.
• Ability to communicate complex situations to management.

Preferred:

• Experience with Standard Cost development.
• Experience with OneStream Structure.

TECHNICAL/SKILL REQUIREMENTS:

Required: 

• Proficient in Microsoft Excel and Access Database.
• Experience with OneStream

Preferred:

• Prior supervisory experience. 
• Experience with monthly variance accounting.
• Experience with QAD and Oracle Cloud ERP systems.

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 wher