Manager, Global Accounting COE
Apply NowCompany: Sherwin-Williams
Location: Cleveland, OH 44130
Description:
Responsibilities
The primary responsibility of the Global Accounting CoE is to serve as the global accounting subject matter experts. Members of the CoE obtain an understanding of current company-wide accounting policies, ensure the Company's processes adhere to those accounting policies and operationalize accounting with a focus on standardization and efficiency. Accounting areas covered by the Accounting CoE are revenue, accounts receivable, cash, inventory, accounts payable, long-lived assets and intercompany. This position will work closely with other CoE Managers, but have a primary focus on long-lived assets, including leases, goodwill, intangibles and property, plant and equipment. The position requires the ability to manage multiple on-going initiatives, several of which may be project based, across different stakeholders. There will be exposure to various cross functional teams including Global Reporting, Accounting Policy, Controllership, Sherwin Business Services (SBS) and Commercial Finance.
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.
CORE RESPONSIBILITIES AND TASKS
Qualifications
POSITION REQUIREMENTS
FORMAL EDUCATION:
Required:
Preferred:
KNOWLEDGE & EXPERIENCE:
Required:
Preferred:
TECHNICAL/SKILL REQUIREMENTS:
Required:
Preferred:
Travel: 10%
About Us
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 purpose, and for customers and our business to achieve great results. Sherwin-Williams is a place that takes its stability, growth and momentum and translates it to possibility for our people. Our people are behind the strength of our success, and we invest and support you in:
Life ... with rewards, benefits and the flexibility to enhance your health and well-being
Career ... with opportunities to learn, develop new skills and grow your contribution
Connection ... with an inclusive team and commitment to our own and broader communities
It's all here for you... let's Create Your Possible
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 employer. 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.
The primary responsibility of the Global Accounting CoE is to serve as the global accounting subject matter experts. Members of the CoE obtain an understanding of current company-wide accounting policies, ensure the Company's processes adhere to those accounting policies and operationalize accounting with a focus on standardization and efficiency. Accounting areas covered by the Accounting CoE are revenue, accounts receivable, cash, inventory, accounts payable, long-lived assets and intercompany. This position will work closely with other CoE Managers, but have a primary focus on long-lived assets, including leases, goodwill, intangibles and property, plant and equipment. The position requires the ability to manage multiple on-going initiatives, several of which may be project based, across different stakeholders. There will be exposure to various cross functional teams including Global Reporting, Accounting Policy, Controllership, Sherwin Business Services (SBS) and Commercial Finance.
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.
CORE RESPONSIBILITIES AND TASKS
- Become a student of and eventual subject matter expert in long-lived asset processes and policies at the Company, including the respective underlying US GAAP (ASC 350, 360 and 842). Work with various cross functional teams (Global Reporting, Accounting Policy, Controllership, SBS and Commercial Finance) to prepare and update process documentation for various long-lived asset process streams using flowcharts. This includes documenting the procedures and assumptions/standardization efforts so that transactions are accounted for consistently and accurately across the organization.
- Perform various recurring tasks including, but not limited to the following:
- Facilitate the creation and preparation of quarterly and annual disclosure schedules relating to long-lived assets which tie out to underlying subledger detail and general ledger balances
- Monthly review of capitalized software
- Monthly review of ASC 842 lease accounting rollforward and schedules used for quarterly disclosures
- Indefinite lived intangible asset, goodwill & lease impairment monitoring and testing
- Monthly monitoring of abnormal long-lived asset balances
- Conduct the quarterly real estate meeting to obtain updates on sales, purchases and transfers of property globally, including identification of proceeds and gains/losses as applicable
- Certain long-lived asset account reconciliations
- Lead the accounting workstream for the Lucernex real estate lifecycle management software implementation, including assisting the Director of the Accounting CoE with project management. This is a key accounting & finance initiative to replace the company's current lease accounting software. Involves coordination and oversight of various business partners including SBS, Global Controllership and various third-party contractors.
- Ensure overall accuracy of the long-lived assets balances on the Company's balance sheet by performing reviews of long-lived asset account reconciliations. This includes ensuring reconciling items identified are investigated and resolved in a timely manner.
- Collaborate with the Global Finance Policy & SOX Risks and Controls teams to maintain and update current global accounting policies and controls related to long-lived assets.
- Be willing to take on special projects and initiatives within the Accounting CoE which may or may not be related to long-lived assets with a focus on being a business partner to others across the organization.
Qualifications
POSITION REQUIREMENTS
FORMAL EDUCATION:
Required:
- Bachelor's degree with Major in Accounting or Finance
- Knowledge of US GAAP
Preferred:
- Certified Public Accountant
KNOWLEDGE & EXPERIENCE:
Required:
- Minimum of 5+ years of accounting, finance, or auditing experience
- Microsoft Office experience
Preferred:
- Public accounting experience, particularly Big 4
TECHNICAL/SKILL REQUIREMENTS:
Required:
- Strong Excel skills
- Ability to learn new systems
- Ability to professionally handle confidential information
- Detail-oriented and well-organized, including project management skills
- Ability to think critically and suggest solutions
- Ability to work independently to research issues and recommend and implement solutions
- Enjoys delivering on complex work in a dynamic global operating environment
- Ability to coordinate efforts of others and work well with individuals at a wide range of levels as a dependable and reliable business partner
- Ability to take initiative, complete assignments and prioritize work to achieve objectives
- Strong verbal and written communication skills
- Sense of urgency, with ability to change priorities quickly as needed
- Strong desire to learn and continuously improve
Preferred:
- Experience with Oracle General Ledger
- Experience with OneStream
- Experience with Lucernex
Travel: 10%
About Us
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 purpose, and for customers and our business to achieve great results. Sherwin-Williams is a place that takes its stability, growth and momentum and translates it to possibility for our people. Our people are behind the strength of our success, and we invest and support you in:
Life ... with rewards, benefits and the flexibility to enhance your health and well-being
Career ... with opportunities to learn, develop new skills and grow your contribution
Connection ... with an inclusive team and commitment to our own and broader communities
It's all here for you... let's Create Your Possible
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 employer. 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.