Senior Financial Analyst- Planning & Reporting - The Sherwin-Williams Company
Cleveland, OH
About the Job
The Enterprise Financial Planning & Analysis, Budget and Incentives team provides centralized budgeting and incentive tracking and guidance for Sherwin-William's global businesses. This includes partnering with the company's business units to develop and maintain accurate expectations of business drivers that enable business strategy and action.
The Senior Finance Analyst of Budgets and Incentives works closely with a variety of functional areas within the Company spanning various levels of the organization. This role assists the Finance Manager in managing a segment of the global incentive compensation budgeting process from end to end and has responsibility over ensuring the Company's incentive compensation budget policies and procedures are implemented and maintained throughout the year driving accurate incentive forecasts and payouts.
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
This role is focused on:
Assist in developing, coordinating, and maintaining the financial operating systems surrounding the annual incentive compensation budget process to ensure budgets are accurate and in alignment with the Company's strategic goals and objectives.
Load and validate incentive compensation budget adjustments to ensure accuracy is maintained throughout the year.
Complete end to end monthly incentive validations. Work with IT business partners to correct variances when they arise.
Track, calculate, and communicate incentive compensation results in conjunction with FP&A Management, HR Compensation, and business partners.
Develop various compensation forecast models in conjunction with FP&A Management for group SVPs to better drive business decisions and results.
Assist in the month end close process by compiling accurate and timely incentive accruals and forecast.
Work with business departments to ensure accurate accruals are reflected in the ledger.
Continuously drive enhancements and process improvements adding value to the Company and Enterprise initiatives.
Execute responsibilities lawfully and according to company standards, which includes the company's seven guiding values: integrity, people, service, quality, performance, innovation, and growth
In addition to the tasks listed above, this position will gain exposure to reporting and hierarchy changes related to the Company's global system integration projects and will help drive continuous improvement by employing transitional lean tools to improve upon budget and incentive processes.
The ideal candidate will demonstrate a strong work ethic and the ability to manage priorities in a fast-paced work environment. Attention to detail, as well as a desire and ability to adapt to change and problem solve through complex financial situations is a must. Maintaining a strict adherence to deadlines is critical.
POSITION REQUIREMENTS
FORMAL EDUCATION:
Required:
Bachelor's Degree in Accounting, Finance, or Business Administration with a focus in Finance or Accounting.
Preferred:
Master's in Accounting/Finance and/or CPA .
KNOWLEDGE & EXPERIENCE:
Required:
3 + years of experience in high performance Finance and/or Accounting-related roles with demonstrated skills and responsibilities in budget and incentives.
Strong knowledge of key accounting concepts around accruals of bonuses
Demonstrate an ability to create financial models leveraging key drivers of financial performance, including the use of historical data to predict future outcomes. This can include creating a rolling forecast, capital planning, workforce planning, commercial planning, and building an annual operating plan.
Demonstra
The Senior Finance Analyst of Budgets and Incentives works closely with a variety of functional areas within the Company spanning various levels of the organization. This role assists the Finance Manager in managing a segment of the global incentive compensation budgeting process from end to end and has responsibility over ensuring the Company's incentive compensation budget policies and procedures are implemented and maintained throughout the year driving accurate incentive forecasts and payouts.
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
This role is focused on:
Assist in developing, coordinating, and maintaining the financial operating systems surrounding the annual incentive compensation budget process to ensure budgets are accurate and in alignment with the Company's strategic goals and objectives.
Load and validate incentive compensation budget adjustments to ensure accuracy is maintained throughout the year.
Complete end to end monthly incentive validations. Work with IT business partners to correct variances when they arise.
Track, calculate, and communicate incentive compensation results in conjunction with FP&A Management, HR Compensation, and business partners.
Develop various compensation forecast models in conjunction with FP&A Management for group SVPs to better drive business decisions and results.
Assist in the month end close process by compiling accurate and timely incentive accruals and forecast.
Work with business departments to ensure accurate accruals are reflected in the ledger.
Continuously drive enhancements and process improvements adding value to the Company and Enterprise initiatives.
Execute responsibilities lawfully and according to company standards, which includes the company's seven guiding values: integrity, people, service, quality, performance, innovation, and growth
In addition to the tasks listed above, this position will gain exposure to reporting and hierarchy changes related to the Company's global system integration projects and will help drive continuous improvement by employing transitional lean tools to improve upon budget and incentive processes.
The ideal candidate will demonstrate a strong work ethic and the ability to manage priorities in a fast-paced work environment. Attention to detail, as well as a desire and ability to adapt to change and problem solve through complex financial situations is a must. Maintaining a strict adherence to deadlines is critical.
POSITION REQUIREMENTS
FORMAL EDUCATION:
Required:
Bachelor's Degree in Accounting, Finance, or Business Administration with a focus in Finance or Accounting.
Preferred:
Master's in Accounting/Finance and/or CPA .
KNOWLEDGE & EXPERIENCE:
Required:
3 + years of experience in high performance Finance and/or Accounting-related roles with demonstrated skills and responsibilities in budget and incentives.
Strong knowledge of key accounting concepts around accruals of bonuses
Demonstrate an ability to create financial models leveraging key drivers of financial performance, including the use of historical data to predict future outcomes. This can include creating a rolling forecast, capital planning, workforce planning, commercial planning, and building an annual operating plan.
Demonstra
Source : The Sherwin-Williams Company
