Here, 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. Sherwin-Williams values the unique talents and abilities from all backgrounds and characteristics. All qualified individuals are encouraged to apply, including individuals with disabilities and Protected Veterans. We’ll give you the space to share your strengths and we want you show us what you can do. You can innovate, grow and discover in a place where you can thrive and Let Your Colors Show!
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
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 position, which 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 non-discriminatory factors considered in making compensation decisions including geographic location; skill sets; experience and training; licensure and certifications; and other business and organizational needs.
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/Affirmative Action employer committed to an inclusive and diverse workplace. 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.
The Enterprise Financial Planning & Analysis Budget and Incentives team supports centralized administration of the goal setting and incentive compensation processes for Sherwin-William’s global businesses. This includes partnering with the Company’s business units to develop an accurate view and expectation of business drivers that enable business strategy and action.
The Director of Budget and Incentives leads a team that works closely with a variety of functional areas within the Company spanning various levels of the organization. This role has responsibility over ensuring the Company’s incentive compensation budget policies and procedures are implemented and maintained throughout the year, while driving accurate incentive accruals, forecasts and payouts. Reporting to the Sr. Director of Corporate Financial Planning & Analysis (FP&A) for the Enterprise FP&A organization, the incumbent will also focus on identifying ongoing continuous improvement opportunities across bonus and incentive compensation processes.
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.
This role is focused on:
- Directing overall strategic operations of budgeting and incentives for the global organization by leading a team responsible for:
- Bonus attainment calculations, accruals, and bonus expense forecasts
- Managing the timely and accurate publication of monthly financial incentive results and developing enhancements that will allow business units to better drive strategy and profit
- Aligning with business units on attainment projections and forecasted expense
- Providing scenario analysis and insights on bonus attainment levels to Group Finance leaders
- Coordination and maintenance of the financial operating systems surrounding the annual incentive compensation budget process
- Providing bonus targets and attainment levels for HR Compensation Team and ensuring accuracy of data in the Company’s variable compensation tracking tool (Varicent)
- Partnering with HR Compensation Team and business units to ensure timely payout of employee bonuses
- Serving as primary contact for HR Compensation Team for bonus-related information or questions
- Coordinating the Company’s field budget processes to establish compensation targets
- Seeding budget forms with global inputs as part of the goal setting process
- Supporting and assisting with finalization of budget development
- Executing budget adjustments as needed
- Ensuring a consistent and streamlined incentive month-end close and forecasting process to provide clear visibility of financial projections, control costs, and prevent unforeseen impacts to key stakeholders
- Developing team members’ business acumen around bonus and goal setting-related concepts, as well as business unit leaders’ needs and expectations
- Leading a team of two direct reports with a focus on talent development; setting standards of performance, coaching, training, and developing employees through regular, clear, and consistent communication of goals and deliverables
The ideal candidate will demonstrate a strong work ethic, ability to work well under pressure, and the skills to manage competing priorities in a fast-paced work environment. Strong organizational and time-management skills, with the ability to adjust and reprioritize as needed, while maintaining a strict adherence to deadlines is critical. Attention to detail, as well as a desire and ability to problem solve through complex financial situations is a must.
POSITION REQUIREMENTS
FORMAL EDUCATION:
Required:
- Bachelors degree in Finance or Accounting
Preferred:
- Masters degree in Business, Finance or Accounting
- CPA/CMA
KNOWLEDGE & EXPERIENCE:
Required:
- 10+ years of professional work experience in finance, accounting, planning, and/or forecasting
- 7+ years of people management experience
- Experience communicating effectively with customers and ability to anticipate business needs in advance
- Ability to use organizational and industry knowledge to develop solutions to enhance the bonus and incentive compensation process
- Ability to apply understanding of accounting for bonus and incentive compensation concepts, ensuring adherence to financial regulations and compliance (e.g., US GAAP and Sarbanes Oxley)
- Ability to identify opportunities to optimize estimates and create standardized, streamlined reporting
- Ability to build strong business partnerships, and collaborate across multiple stakeholders
- Ability to strategically influence stakeholders in the adoption and use of optimized planning and forecasting processes
Preferred:
- Experience as a manager of managers
TECHNICAL/SKILL REQUIREMENTS:
Required:
- Demonstrated experience in project management and root-cause analysis
- Demonstrated knowledge of digital solutions to enable execution of forecasting abilities
- Demonstrated proficiency with Microsoft Excel, Word, and PowerPoint
- Developing strong relationships with Group Finance and other Enterprise Finance organizations (i.e., Controllership and Sherwin Business Services), with a focus on collaboration and customer service
- Identifying complex business performance and process-related issues, and presenting insights and solutions to drive efficiency and standardization throughout the organization
Preferred:
- Strong working knowledge of OneStream and/or Oracle Cloud preferred
Travel: 10%