Finance Specialist, Cash Application

Finance Specialist, Cash Application

The Finance Specialist, Cash Application is a fulltime opportunity within the Enterprise Financial Services (EFS) team of Group Finance. The 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). The successful candidate will have direct contact with our internal and external customers; build relationships with the sales organization, and collaborate with finance colleagues of The Sherwin-Williams Company.

This position is not hybrid/remote and will be located at the Higbee Building in Cleveland, OH.

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.

Responsibilities

Core Responsibilities and Tasks

Core Responsibility Cash Application

• Accurately resolve "exceptions" on customers payments in High Radius (HRC)
• Optimize cash flow through timely and accurate cash application of customer payments
• Ensure payment application accuracy by identifying and resolving discrepancies at the time of payment posting
• Promote credibility by ensuring properly reflected customer statements through precise and consistent cash application practices
• Post and apply payments from various sources including POS terminals, ACH, EFT, and Wire receipts

Core Responsibility Reconciliation

• Initiate professional contact with field personnel and customers as needed to obtain remittance advice
• Partner with Accounting personnel to reconcile open payment reports
• Assist in 3rd party audits related to internal customer payments
• Reconcile bank statements against cash received in various ERP systems
• Reconcile complex payment remits on major accounts

Core Responsibility 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 though succinct explanations on chargebacks and deductions
• Maintain both physical and digital records to support corporate and 3rd party audits, including ARJV authorizations, bank reports and other records as directed by Cash Application Manager
• Other tasks as assigned.

Qualifications

Position Requirements

Required:

• High School Diploma
• Knowledge of finance and accounting in an AR setting
• Advanced experience with MS Excel
• Must be legally authorized to work in the United States without sponsorship now or in the future for employment visa status
• Must be at least eighteen (18) years of age

Preferred:

• Bachelor's Degree
• Accounting experience
• Business communications experience
• SW store, branch, or facility experience
• Customer service experience
• CPR and/or Oracle cash app training

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 commuteit matters to us. A general description of benefits offered can be found at 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.