Sherwin-Williams

Senior Analyst, Benefits

Sherwin-Williams • $80K — $95K *
Cleveland, OH 44130In-Person
Finance & Insurance
Less than 5 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Human Resources, Finance, or related field.
  • 3+ years of Human Resources or Finance experience.
  • Excellent organizational skills and attention to detail.
  • Strong analytical and problem-solving skills.
  • Excellent verbal and written communication skills.
  • Advanced knowledge of Excel, Powerpoint and other MS Office software.

Responsibilities

  • Manage compliance for U.S. Retirement and Savings Plans, including audits and non-discrimination testing.
  • Oversee daily administration of the global equity awards program, including transaction reviews and tax rate maintenance.
  • Develop global pension plan roadmaps, addressing governance and statutory requirements across multiple countries.
  • Lead financial management for the Retirement & Savings team, handling journal entries and budget approvals.
  • Project manage special Employee Benefits projects, ensuring timely implementation and execution.
  • Support continuous improvement initiatives within the Retirement & Savings team.

Benefits

  • Opportunity to work at Sherwin-Williams Global Headquarters in Cleveland, OH.
  • Collaboration with cross-functional teams to enhance Total Rewards programs.
  • Access to continuous improvement projects and professional development opportunities.
Full Job Description
Responsibilities

CORE RESPONSIBILITIES AND TASKS:

This position will be responsible for managing the compliance of the USCA retirement programs, daily administration of the global equity awards program and project managing various projects within the Employee Benefits department, with a focus on Retirement and Savings projects. This position will also provide analytical support within the Retirement & Savings team and will support important non-US plan design analysis and recommendation. Finally, this position is responsible for accounting and financial functions for the Retirement & Savings team within the Employee Benefits Department for both the U.S. and Canada.

(1) Lead U.S. Retirement and Savings Plan Compliance:
  • Manage annual U.S. Retirement and Savings Plan audits in conjunction with internal and external auditors.
  • Coordinate annual delivery of Summary Annual Reports (SARs) to all U.S. employees
  • Responsible for Defined Contribution non-discrimination testing annually in conjunction with recordkeeper
  • Responsible for Summary Plan Description documents and coordinating updates with Director - Retirement & Savings Team and Legal department
  • Responsible for regular data reviews between vendor and HRIS data and implementing necessary corrections in compliant manner
  • Review plan-related analysis including detailed quarterly pension projections and support for the annual contribution process prepared by Benefits Analyst.
  • Review annual Pension Investment Plan (PIP) contribution prepared by Benefits Analyst
  • Facilitate acquisition implementation work, including onboarding benefit efforts for new employees and merging of acquisition retirement plan provisions and assets in conjunction with recordkeepers
  • Participate in regular Retirement and Savings touch base meetings to discuss strategic and tactical priorities.
  • Support and resolve Retirement and Savings related workflow items that come from employees, HR Business Partners, Legal department, and third-party administrators through email inbox or internal case tracking system.
  • Recommend, as appropriate, changes in systems, processes, and procedures to improve operational efficiency and effectiveness.

(2) Lead daily administration of global equity awards program:
  1. Review daily transactions to ensure system data and tax withholding of exercises is appropriate
  2. Support communication drafting of new documents, approval, and distribution as necessary
  3. Maintain tax rate profiles for U.S. employees and country-specific rates for participants outside U.S.
  4. Troubleshoot participant inquiry and/or erroneous system feeds or transactions
  5. Ensure internal partners (Payroll, Finance) receive appropriate reporting from vendor
  6. Responsible for supporting best practice review of administrative plan features on ongoing basis

(3) Global Retirement Program Governance and Administration:
  • Work with Director - Retirement & Savings Plans to develop global pension plan roadmap which includes plan rules, governance structures, statutory requirements, reporting needs and plan design reviews across all countries but particularly where we have multiple pension structures.
  • Support global pension plan design review, decision making support, and recommendations to Administration Committee in large S-W countries in conjunction with third party vendor, local country team, and S-W Legal.
  • Lead global pension plan design review, decision making support, and recommendations to Administration Committee in small and medium sized S-W countries in conjunction with third party vendor, local country team, and S-W Legal.
  • Manage annual global retirement plan audits in conjunction with internal and external auditors.
  • Work with local country HR, Finance and other support personnel regarding open governance challenges and new compliance regulations.
  • Support Director - Retirement & Savings Plans with ongoing Defined Benefit risk mitigation in countries with pension exposure, up to and including conversion from DB to DC structure and consideration of lump-sum windows to reduce pension liabilities
  • Support Director - Retirement & Savings Plans and Vice President - Employee Benefits with due diligence efforts around global pensions plans in mergers and acquisitions
  • Facilitate conversion of acquired pension plans to S-W systems as necessary, including consolidation of program and contact information in each country to facilitate ongoing reviews.

(4) Accounting and Financial Management:
  • Accountable for monthly and quarterly Employee Benefits department accounting entries for Retirement & Savings team, including journal vouchers, invoices, and other support working with Finance leadership for Employee Benefit costs and cash flows.
  • Work with Employee Benefit teams to set annual U.S. and Canada plan budget amounts to be approved by the CFO and Corporate Controller.
  • Review additional invoices in the Coupa system before payment by the Total Rewards Coordinator.
  • Support Total Rewards department expense budgeting, analysis, and management reporting.
  • Support all required financial compliance requirements for Benefit plans and associated reporting.
  • Document and maintain processes and procedures for benefits accounting.
  • Recommend, as appropriate, changes in systems, process or procedures to improve operational efficiency and effectiveness.

(5) Project Manage Special Employee Benefits Projects:
  • Lead implementation of special projects that arise in the Employee Benefits department

(6) Support Vice President - Employee Benefits, Director - Retirement & Savings Plans, and Director - Health and Welfare Plans with special projects as need arises, including projects such as benefit harmonization following acquisitions

(7) Continuous Improvement:
  • Support continuous improvement projects within the Retirement & Savings Team.
  • Partner with Total Rewards teams as well as cross-functional teams in Human Resources, I/T, Payroll, Finance, Legal, Employee Relations, Treasury, etc.) for system upgrades and other projects that allow Total Rewards programs to remain best-in-class.

This role will report to Sherwin-Williams Global Headquarters located at 1 Sherwin Way, Cleveland, OH 44113, USA.

Job duties include contact with other employees and access confidential and proprietary information and/or other items of value, and such access may be supervised or unsupervised. The Company therefore has determined that a review of criminal history is necessary to protect the business and its operations and reputation and is necessary to protect the safety of the Company's staff, employees, and business relationships.

Qualifications

POSITION REQUIREMENTS:

Required:
  • Bachelor's Degree (BA/BS) in Human Resources, Finance, or related field.
  • 3+ years of Human Resources or Finance experience
  • Excellent organizational skills and attention to detail
  • Strong analytical and problem-solving skills
  • Excellent verbal and written communication skills
  • Advanced knowledge of Excel, Powerpoint and other MS Office software
  • Must be at least 18 years of age
  • Must have the legal right to work in the country of employment without needing sponsorship now or in the future for employment visa status.

Preferred:
  • Master's Degree
  • Experience working with Employee Benefits programs
  • Experience working with Retirement plan third party administrator portal
  • Understanding of Continuous Improvement methodologies
  • Experience using eAccounting and/or Buy Rite Coupa
  • Experience using Oracle Cloud HRIS
  • Experience using SLM (Supplier Management)

TRAVEL REQUIREMENTS: (TIME SPENT AWAY FROM HOME OR OTHER TYPICAL OFFICE LOCATION)
  • 5%

About Sherwin-Williams

The Sherwin-Williams Company engages in the development, manufacture, distribution, and sale of paints, coatings, and related products to professional, industrial, commercial, and retail customers in North and South America, Europe, and Asia. It operates in three segments: Paint Stores, Consumer, and Global. The Paint Stores segment sells paint, coatings, and related products to end-use customers. This segment markets and sells Sherwin-Williams branded architectural paints and coatings, industrial and marine products, and original equipment manufacturer product finishes and related items.

Sherwin-Williams Careers

Join the vibrant team at Sherwin-Williams, a leader in the paint and coatings industry, and contribute to a legacy of innovation and leadership. As a company committed to growth and excellence, Sherwin-Williams offers unparalleled job opportunities for professionals eager to advance their careers in a dynamic and supportive environment. Work You’ll Do At Sherwin-Williams, we empower our team to bring their creativity and expertise to various roles, driving transformative results across the business landscape. Our commitment to professional growth and diversity training ensures that every team member can thrive. Lead in a Culture of Innovation Sherwin-Williams stands at the forefront of the coatings industry, blending tradition with advanced technology. Our culture is built on a foundation of innovation, leadership, and a relentless pursuit of excellence. Join us and lead the way in developing new solutions that impact markets globally. Engage with a Global Team Collaborate with over 60,000 dedicated professionals worldwide who are as passionate about materials science as they are about creating beautiful and durable finishes. At Sherwin-Williams, you’ll work alongside industry experts and leaders who are pioneering new paths in the coatings sector. Sherwin-Williams Careers and Employment Opportunities We are continuously expanding our team and looking for talented individuals who are ready to paint the world with us. From research and development to marketing and sales, the career paths at Sherwin-Williams are as diverse as our product lines. Do Innovative Work Engage in projects that challenge the status quo and contribute to sustainability and efficiency in the industry. Our team at Sherwin-Williams harnesses the power of cutting-edge technology and collective expertise to lead the market in innovation and quality. Be Part of a Great Team Sherwin-Williams is not just a workplace. It is a community where you can build lasting relationships through professional networking and collaborative team efforts. Our inclusive environment supports diversity and is designed to help you reach your full potential. Future-Proof Your Career With a wide array of benefits, continuous training programs, and a focus on internal growth and promotions, Sherwin-Williams is committed to helping you shape a long and successful career. Whether you are looking for a full-time position, an internship, or leadership roles, the opportunities are vast. Explore Job Opportunities and Internships Start your professional journey with Sherwin-Williams by exploring various employment and internship opportunities that match your skills and interests. We are hiring creative, curious, and motivated individuals ready to make a significant impact. Stay Connected Join Our Team Search open positions, submit your resume, and prepare for your interview with us. At Sherwin-Williams, we look for individuals who are solution-driven and ready to contribute to our culture of innovation and excellence. Keep Up to Date Stay ahead with career tips, insider perspectives, and industry-leading insights you can put to use today—all from the people who work here. Job Alert Emails Personalize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding career opportunities that await at Sherwin-Williams. Join Sherwin-Williams today and be part of a company that values innovation, leadership, and a diverse and inclusive workplace. Your future starts here!
Learn more about Sherwin-Williams
Size
61,626 employees
Market Cap
$61.6 billion
Industry
Food & Beverages
Net Income
$2 billion
Founded
1866
5 Year Trend
+11%
Revenue
$18.3 billion
NASDAQ
SHW
* Ladders Estimates

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