Accounting Finance Internship
Accounting Finance Internship
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Job Description
Location: Various Locations
Overview and Scope of Internship Program
The goal of our internship program is to provide candidates a diverse realworld experience in a variety accounting or finance roles in our organization. Interns will work in one of the following roles including Corporate Accounting & Consolidations Segment Accounting Business Unit Accounting (working in one of our manufacturing plants) Controls & Compliance Global Finance Solutions and Accounting Policy External Financial Reporting FP&A Internal Audit Tax & Treasury. Interns will directly report to the leader of one those teams and have visibility and exposure to key Finance Leadership including the Chief Accounting Officer and Segment Controllers and CFOs. Interns will be provided technical softskill and onthejob training.
The summer internship program will last 12 weeks (May 19th August 8th 2025.
Candidates that advance in our internship program may be offered fulltime roles in a 2year rotational program that will provide them the full spectrum of accounting experience in a $6.5 billion public manufacturing company. At the end of the 2year rotational program candidates will be placed in permanent role in one of the rotational program teams.
Key Responsibilities
Responsibilities will be roledependent but may include:
- Prepare monthly journal entries reviewing general ledger for accuracy and proper recording of transactions
- Perform required monthly balance sheet reconciliations researching and resolving variances
- Provide management reporting for assigned task such as inventory E&O and warranty trends
- Perform accrual and capitalized variance accounting related to material price variances freight and tariffs
- Participate in projects to streamline and improve current financial processes using 80/20 and other continuous improvement principles
- Learn how to navigate and obtain data from ERP systems including sales orders invoices material transactions and standard costs
- Perform consolidation checks over worldwide entity submitted financial information
- Assist with data requests from various stakeholders including FP&A treasury internal and external audit
- Provide data as requested to internal and external auditors for the segment
- Assist with the preparation of footnotes and schedules included in financial statements including 10Ks 10Qs earnings releases benefit plans and government surveys
- Prepare quarterly balance sheet and income statement analytic files and other monthly key performance indicator calculations
- Work to create efficiencies in the teams existing supporting schedules through use of the Companys consolidation software
- Support work on impairment testing and related analysis
- Perform audit readiness visits to assess internal controls at select entities
- Assist with conducting Balance Sheet Reviews
- Review account reconciliations and work with preparers/reviewers to ensure appropriate support is provided and reconciliation is clear/efficient
- Assist entities with remediating audit findings/deficiencies
- Assist with special projects as needed
Education Experience & Qualifications
- Completion of at least 2 accounting or finance classes
- Intent to pursue Bachelors degree in Accounting or Finance
- Intent to pursue CPA preferred
- Strong written and verbal communication skills
- Experience working on team projects
- Curious mindset that proactively seeks understanding and feedback
- Strong working knowledge of Microsoft Office applications including Excel Word and PowerPoint
- Prior work experience in college or high school
Compensation Details:
$21 $25 per hour
The hourly rate provided is intended to display the value of the companys base rate compensation forall statewide locations across the United States. Hourly rate is dependent on a multitude of factorsincluding but not limited to the physical worksite location candidates skill set level of experienceeducation and internal peer compensation comparisons.
About Regal Rexnord
Regal Rexnord is a $6.5B publicly held global industrial manufacturer with 30000 associates around the world who help create a better tomorrow by providing sustainable solutions that power transmit and control motion. The Companys electric motors and air moving subsystems provide the power to create motion. A portfolio of highly engineered power transmission components and subsystems efficiently transmits motion to power industrial applications. The Companys automation offering comprised of controls actuators drives and precision motors controls motion in applications ranging from factory automation to precision control in surgical tools.
The Companys end markets benefit from meaningful secular demand tailwinds and include factory automation food & beverage aerospace medical data center warehouse alternative energy residential and commercial buildings general industrial construction metals and mining and agriculture.
Regal Rexnord is comprised of three operating segments: Industrial Powertrain Solutions Power Efficiency Solutions and Automation & Motion Control. Regal Rexnord has offices and manufacturing sales and service facilities worldwide. For more information including a copy of our Sustainability Report visit RegalRexnord.
Equal Employment Opportunity Statement
Regal Rexnord is an Equal Opportunity and Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race color religion sex/gender sexual orientation gender identity age ancestry national origin marital status citizenship status (unless required by the applicable law or government contract) disability or protected veteran status or any other status or characteristic protected by law. Regal Rexnord is committed to a diverse and inclusive workforce. We are committed to building a team that represents diverse and inclusive backgrounds perspectives and skills. If youd like to view a copy of the companys affirmative action plan or policy statement please email . If you have a disability and you believe you need a reasonable accommodation in order to search for a job opening or to submit an online application please email .
Equal Employment Opportunity Posters
Notification to Agencies: Please note that Regal Rexnord Corporation and its affiliates and subsidiaries (Regal Rexnord) do not accept unsolicited resumes or calls from thirdparty recruiters or employment agencies. In the absence of a signed Master Service Agreement or similar contract and approval from HR to submit resumes for a specific requisition Regal Rexnord will not consider or approve payment to any thirdparties for hires made.
Required Experience:
Intern
Employment Type
Part-Time
