Financial Specialist

3 weeks ago

Cleveland, Ohio, United States The Sherwin-Williams Company Full time
Job Title: Financial Specialist - Cash Application

The Finance Specialist, Cash Application is a key role within the Enterprise Financial Services team of The Sherwin-Williams Company. This position is responsible for cash application activities for Accounts Receivable (AR) on behalf of Paint Stores Group (PSG), Performance Coatings Group (PCG), and Consumer Brands Group (CBG).

Key Responsibilities:
  • Cash Application: Accurately resolve exceptions on customer payments in High Radius (HRC), optimize cash flow through timely and accurate cash application of customer payments, and ensure payment application accuracy by identifying and resolving discrepancies at the time of payment posting.
  • Reconciliation: Initiate professional contact with field personnel and customers as needed to obtain remittance advice, partner with Accounting personnel to reconcile open payment reports, and assist in 3rd party audits related to internal customer payments.
  • 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 through succinct explanations on chargebacks and deductions, and maintain both physical and digital records to support corporate and 3rd party audits.
Requirements:
  • Education: High School Diploma; Preferred: Bachelor's Degree
  • Knowledge and Experience: 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, and customer service experience
  • Technical Requirements: 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, and basic Accounting and Advanced Math Skills

The Sherwin-Williams Company is an Affirmative Action, Equal Employment Opportunity, Inclusion and Diversity Supportive 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.

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