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 our Regions and ERP platforms. Within the Global Cost Team, this position is primarily responsible for maintaining the company-wide LIFO reserve (Distribution, Stores, and Corporate), material capitalization, and conversion capitalization calculations. This role requires strong technical and analytical skills in Excel and OneStream, strong attention to detail, and prior knowledge of LIFO/FIFO inventory and standard costing methods. In addition to those core responsibilities, this role will also be responsible for helping to support the passthrough process, raw material costing and variance accounting, and other strategic projects as identified by leadership. This position will work cross-functionally with various members of the R&C (Reporting & Controls), SBS (Shared Business Services), GSC (Global Supply Chain), and Commercial Selling divisions in the execution of these responsibilities.
This position is not hybrid/remote and will be located at our Global Headquarters 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.
CORE RESPONSIBILITIES AND TASKS
Manage the company‑wide LIFO reserve (Distribution, Stores, and Corporate), including monthly LIFO income/expense forecasting and year‑end actual calculations. This includes calculating LIFO based on inventory at actual cost (standard cost + material and conversion variances), ensuring all inventory‑related costs and absorption are captured and properly assigned to inventory pools, and preparing Reporting Package for the management with explanations of key drivers impacting LIFO.
Performing 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.
POSITION REQUIREMENTS
Required:
Preferred:
Travel: 10%
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.
Our mission began more than 150 years ago in 1866 when Henry Sherwin and Edward Williams founded the company in Cleveland, Ohio. The duo went on to shape an industry and create a global legacy. That legacy continues on today as we look ahead and continue to innovate our future. With stores, distribution centers and facilities spanning the globe, we're able to deliver the best in paints, coatings and related products to the world. From our headquarters to our 130 distribution centers and more than 5,000 retail locations, we continue to grow in new and exciting ways.
Here, there's no one path to success. Our 64,000+ employees are diverse, innovative and passionate. Our employees worldwide bring their energy and unique perspectives to each new day. We believe in careers that grow with you and open up new opportunities. With the support of a global team, you can innovate, grow and discover a career where you can thrive and Create Your 𝗣𝗼𝘀𝘀𝗶𝗯𝗹𝗲™.
Equal Opportunity Employer of all protected statuses, including disability and veteran.
