Jobs and Careers
SH

Inventory Accounting Analyst

Sherwin-Williams
United Statesfull_timeVerifiedPosted 8 May 2024

About the role

CORE RESPONSIBILITIES AND TASKS

The Inventory Analyst is responsible for inventory accounting across multiple Global Supply Chain manufacturing and distribution sites. Utilizing investigative skills, the Inventory Analyst identifies, research, and remedies accounting variances.  The analyst puts emphasis on book to perpetual review and plays a key role during annual physical inventory. In this role, the Inventory Analyst will develop a familiarity with inventory and operational accounting and strengthen analytical and problem-solving skills. The analyst drives continuous improvement by providing innovative feedback and employs transactional lean tools to make inventory processes increasingly more efficient.

Core functions of the position include, but may not be limited to, the following;

General Ledger to Perpetual Reconciliation

  • Reconcile perpetual inventory balances to the general ledger
  • Identify root cause of variances and book correcting entries as needed

Annual Physical Inventory

  • Support the annual physical inventory process for BoB plants and distribution centers
  • Work with sites to prepare for physical inventory and clear pre-inventory checklists
  • Travel to sites during the count and assist with running reports, reviewing variances, etc.

Physical Inventory Exemption (PIE) Program

  • Review monthly cycle count results of sites on the PIE program
  • Monitor metrics such as count accuracy and completion percentage and provide updates to sites regarding their progress towards maintaining exemption
  • Travel to sites on the program annually and conduct audit procedures to ensure site adherence to policy

Month End Close

  • Calculate and book entries in support of monthly financial close
  • Review and provide reporting on monthly results

Adhoc Analysis and Projects: 

  • Perform ad-hoc analysis as requested by either Inventory Management or Business Unit level Management.
  • Participate in special projects as needed

POSITION REQUIREMENTS 

FORMAL EDUCATION:

Required:

  •  Bachelor’s Degree

Preferred:

  •  Accounting or Finance Major

KNOWLEDGE & EXPERIENCE:

Required:

  • 1+ years in an Accounting or Finance position
  • Strong analytical, problem solving, and communication skills
  • Working knowledge of Microsoft Office applications, particularly Excel.

Preferred:

  • Prior experience within an inventory accounting type of position.
  • Prior operations (MFG/DSC) experience.
  • Prior audit experience.
  • Working knowledge of Operational Order Mgtm Systems, Accounts Payable and/or Billing systems
  • Working knowledge of TAG POS, AOM, Oracle, Microstrategy, and Business Objects

TECHNICAL/SKILL REQUIREMENTS:

Required:

  • Effectively manage through various operating systems
  • Ability to communicate effectively with individuals at all levels of management
  • Ability to recognize trends, patterns, and investigate financial irregularities

Preferred:

  • Successful completion or involvement in a large scale financial project (i.e…member of an integration, an acquisition or new operating system)

Travel up to 10%

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 ran

Apply for this role

Generate a tailored application kit with a matched cover letter, interview prep, and CV highlights — in under 60 seconds.

Apply Now →Generate Application Kit

Free account required — sign up in 30s

Company

Sherwin-Williams

View company profile →