Sr. Financial Analyst - Cost Accounting

Sherwin-Williams•Cleveland, OH

3d•Onsite

About The Position

The Sr. Analyst – LIFO & Capitalizations – Cost Accounting position is a key member of the Enterprise Finance Global Cost Accounting Team, which holds global responsibility for costing-related functions across regions and ERP platforms. This role is primarily responsible for maintaining the company-wide LIFO reserve (Distribution, Stores, and Corporate), material capitalization, and conversion capitalization calculations. It requires strong technical and analytical skills in Excel and OneStream, attention to detail, and prior knowledge of LIFO/FIFO inventory and standard costing methods. Additionally, this role will support the passthrough process, raw material costing and variance accounting, and other strategic projects. The position will collaborate cross-functionally with members of R&C, SBS, GSC, and Commercial Selling divisions. This is an onsite position at the Global Headquarters in Cleveland, OH. A review of criminal history is necessary due to access to confidential financial information.

Requirements

Bachelor's Degree with a major in Accounting, Finance, or a similar Business degree.
3+ years of accounting experience
Experience with Microsoft 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

Nice To Haves

CPA or MBA in Accounting or Finance or related business field.
Experience with Standard Cost development.
Experience with OneStream Structure.
Experience with monthly variance accounting.
Experience with QAD and Oracle Cloud ERP systems.

Responsibilities

Manage the company-wide LIFO reserve (Distribution, Stores, and Corporate), including monthly LIFO income/expense forecasting and year-end actual calculations.
Calculate LIFO based on inventory at actual cost (standard cost + material and conversion variances).
Ensure all inventory-related costs and absorption are captured and properly assigned to inventory pools.
Prepare Reporting Package for management with explanations of key drivers impacting LIFO.
Perform a detailed review of the LIFO process, including suggestions for enhancement.
Update or compile strong SOPs in support of executing the process.
Cross-train other team members on the LIFO process.
Manage North America and International Material and Conversion Capitalization required for monthly forecast and year-end inventory valuation.
Review existing processes and propose enhancements or standardization when appropriate.
Assist in reviewing and developing annual raw material standard costs, freight, usage, and other overheads.
Assist with audit review which could be annually and/or semi-annually.
Drive process improvement initiatives and implement best practices.
Contribute to Enterprise Finance & BIOS initiatives such as supporting recent acquisition integration or expansion of common practices to other global regions.
Engage in other daily or strategic responsibilities as assigned.