Finance Team Lead- Logistics Accounting and Payables

This position supports the Sherwin Business Services (SBS) freight accounting and payables processes and procedures. This position is responsible for ensuring the accurate and timely processing of freight invoices for recording of liabilities and timely payments to vendors. This position is also responsible for managing the individual contributors who perform tasks essential to these activities. This position will be in contact with all financial areas of the company, all levels of management, and I.T. professionals, within all organizational units and will be entrusted with high dollar and high-volume disbursement activities.

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

Lead a Team of Professionals

1. Develop and supervise financial professionals through adequate delegation, cross-training, and accountability.
2. Ensure proper training and coaching and provide timely feedback to subordinates to promote their career development.
3. Serve as the subject matter expert and key point of contact for the accounts payable processes related to freight.

Provide expertise to improve departmental operations through observing trends present in departmental reporting

1. Recognize inconsistent items and bring to the attention of management as needed.
2. Ensure departmental reports (match error reports, aging reports) are reviewed timely, and contact vendors for resolution as needed.
3. Provide support to freight accounts payable team members and to divisional accounting with report analysis and accurate financial reporting.
4. Perform aging analysis of freight accounts payable balances and facilitate proper and timely resolution.
5. Analyze freight spend and reconcile variances
6. Lead team process improvement initiatives and facilitate reporting and analysis of results.

Develop positive business relationships with the vendors and internal customers.

1. Communicate with vendors about invoice payment status and problem resolution.
2. Work with internal customers to resolve invoice payment issues from an operational and financial perspective.
3. Work with the vendors and internal business units to implement general improvement and time savings initiatives.

Oversee freight accounting controls.

1. Ensure accurate statement of freight expense on P&L and proper balance sheet accruals
2. Ensure proper controls and training for the team on managing freight exceptions
3. Perform monthly account reconciliations and work with management to resolve variances timely to ensure accurate financial reporting.
4. Participate in month-end and year-end closing. Prepare monthly accruals and balance sheet reclass entries to ensure accurate financial reporting.

POSITION REQUIREMENTS

FORMAL EDUCATION:

Required:

• Bachelor's degree in Accounting or Finance, or equivalent relevant experience.

KNOWLEDGE & EXPERIENCE:

Required:

• 3+ years in Accounting, finance or audit experience.

Preferred:

• Prior supervisory experience or leadership role

TECHNICAL/SKILL REQUIREMENTS:

Required:

• MIPS (Match Invoice Payment System) freight payment experience
• Knowledge of reporting and analytics related functions
• Advanced accounting knowledge
• Microsoft Office Word, Excel, and PowerPoint
• Aptitude with ERP systems, with ability to exploit and promote standard functionality of the system
• Strong analytical skills
• Clear and concise communication in verbal and written form
• Ability to arrange information according to specific rule(s)
• Ability to manage priorities in a fast-paced work environment
• Strong customer service orientation

Preferred:

• Comprehensive Accounts payable and Logistics background

Travel: 10%