Finance Analyst (Credit/Collections/Cash)

Finance Analyst (Credit/Collections/Cash) Job DescriptionIn the role of Finance Analyst you will be based at our Witney site providing maximization of profitable sales over the shortest acceptable period and with the minimum of bad debt losses.The position ideally requires someone with Credit Control or Accounting background and previous customer service experience. The basic objective is to protect the company's investment in receivables to provide the best possible return for the company from the borrowed invested in AR.In return we offer an attractive salary, ongoing learning and development and a career in a global company.ResponsibilitiesESSENTIAL FUNCTIONSCollectionsDevelop and maintain effective working relationships with the sales organization and customers to enhance collection efforts while ensuring repeat business.Reduce outside collection and bad debt expense through the effective collection's activityChasing debts by phone/email, speaking on behalf of the company requiring good communication/diplomacy/tact/negotiation skillsInitiate contact with business units & customers, and follow up as needed to obtain commitments for payment or unfulfilled customer paymentsMonitoring and control of debt/Aged debt overview: ensuring agreed terms are adhered to by customersOrder release: ensuring conditions are met to confirm the release diligently requiring good judgement, following order release process flowQuery management: to be addressed with customer service/sales and solved promptly to keep customer's satisfaction and identify any root causes preventing reoccurrencesCash AllocationInitiative to contact store and other stakeholders to obtain clarification on payment information to resolve issues and apply payments accuratelyTimely and accurate cash application of paymentsIdentify and properly code deductions / overpayments by customersDocument customer commitments for paymentAdvise credit personnel of corrections requested by customer and assist field personnel in resolving account variances by application of POS corrections and edit of electronic chargeback logs.Cash allocation: ensuring the cash is allocated daily and accurately to maintain up to date ledgers, requiring attention to detail for multiple currenciesCredit Review / Audit ManagementEstablishment of credit terms and limits/Account Review/Customer Master Setups for new customers or increased business on existing accounts considering the risk involved and liaising closely with sales with for export credit knowledge of export documentation and other payment methodsAssessment of credit risk/Credit Risk Review: trying to find ways of accepting and controlling all business, including high risk opportunities. This involves the use of Credit Check Reports via a Credit Check Agency, the basic understanding of financial statements (Balance sheet, P&L) within approval limits requiring good numeracy skillsEnsures services delivered are compliant with SOX, Sherwin Williams policies, procedures, and all local statutory and regulatory requirements.Works with Internal Audit and external auditors to support their activitiesProcessing of credit notes/debit notes and rebates once these have been authroized on the respective portalsQualificationsPOSITION REQUIREMENTSCICM, AAT studier, part qualified accountant or other relevant professional qualification.Credit Control or Accounting backgroundCustomer Services experienceApplying comprehensive credit principles and practicesExcellent knowledge of Microsoft Office based program - Outlook, Word, ExcelFluent in English(any other languages as required)Our offerWork life balanceCompetitive compensation programmeBonus planPrivate medical insuranceCareer growth opportunities in a truly international environmentInnovation leaders in the protective coatings industrySherwin Academy offers continuous training programmes for all seniority levelsAttractive wellbeing, mental health, women & inclusion and ID&E programmes**Please note that Sherwin Williams is unable to respond to any enquiries, accept CVs or applications from Recruitment Agencies**#LI-YK1About UsHere, we believe there's not one path to success, we believe in careers that grow with you. Whoever you are or wherever you come from in the world, there's a place for you at Sherwin-Williams. We provide you with the opportunity to explore your curiosity and drive us forward. We'll give you the space to share your strengths and we want you to show us what you can do. You can innovate, grow and discover in a place where you can thrive!Eligibility to WorkYou will need to provide proof of right to work. It is a condition of any offer of employment we make to you that you have the permission to work in the country for the role for which you are applying for.Equal Opportunity EmployerAn equal opportunity employer, all qualified applicants will receive consideration for employment and will not be discriminated against based on race, colour, religion or belief, gender, sexual orientation, gender identity, ethnic or national origin, disability, age pregnancy or maternity, marital or civil partner status, or any other protected characteristic prohibited by law.
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