Scope of role
Regal Rexnord is seeking a Manager Accounting who will be responsible for certain plant controller functions. This role is responsible for overseeing the financial operations of the plant including reporting insightful analysis forecasting and maintaining a robust internal control environment. The role requires strong analytical skills attention to detail and the ability to work collaboratively across different functions. This position will have dotted line reporting responsibility to certain Plant Managers and to the Senior Manager of Plant Finance Operations.
Key Responsibilities
Assist the Senior Manager of Plant Finance Operations in business partnership with the Plant Manager participating and providing insightful inputs as part of the plant leadership group and collaborate with operational and functional leaders to identify and resolve operational challenges
Prepare and analyze monthly financial results and key performance indicator reporting
Provide meaningful insights on variance drivers against prior year and forecasts and on plant performance that can drive actions to improve business results
Track trends and validate deviations identify risks and opportunities and drive mitigation actions
Assist in the development of financial plans budgets and forecasts
Drive cost control and cost reduction through a deep understanding of cost drivers diligent cost/benefit analysis granular tracking of cost items and challenging inefficient or excess spending
Conduct regular productivity analysis of material and labor costs and recommend improvements that impact the overall performance of the plant
Maintain accurate product costing records and manage year-end cost roll up of new standards
Ensure accurate and timely recording of inventory transactions collaborate with the production and supply chain teams to optimize inventory levels and highlight and mitigate inventory reserve risk
Prepare annual operational budgets and periodic forecasts ensuring high level of forecasting accuracy and clear insightful explanation of underlying assumptions and bridge items from comparison periods
Ensure compliance of reporting and internal controls with relevant accounting standards Sarbanes-Oxley requirements corporate policies and procedures and other regularly requirements
Conduct periodic control and process audits ensuring adherence across the plant to internal control policies and to manufacturing best practices to safeguard company assets and ensure accurate reporting
Assist internal and external audit during plant financial audits identify root causes and remediation plans for control deficiencies and track implementation status
Drive all finding or process improvement opportunities to timely closure
PROFESSIONAL EXPERIENCE/QUALIFICATIONS
Bachelors degree in Finance or Accounting required CPA preferred
Minimum six years of relevant and progressive finance/accounting experience
Strong working knowledge of ERP systems; experience with Oracle and OneStream is a plus
High level of proficiency with Microsoft Excel
Strong communication skills ability to quickly establish strong working relationships across multiple teams
Has a mindset of continuous improvement and can embrace Regal Rexnords 80/20 principles
Proven ability to take initiative be hands-on investigate complex processes and develop and execute innovative solutions to drive accurate results
Leverages analytical skills to effectively organize and translate data into insights for decision making.
Able to tolerate ambiguity adapt to new situations and changes in direction and devise ways to overcome obstacles to achieve finance and business objectives
Can manage multiple tasks simultaneously prioritize and direct work to meet deadlines with a sense of urgency
Mid shift (3pm to 12am); Hybrid arrangement of minimum 4x RTO in a month
#LI-Hybrid
Regal Rexnord is a 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 .
Required Experience:
Manager
Regal Beloit and Rexnord Corporation merged in 2001 to create Regal Rexnord. Find out more about the brands that make up our power transmission portfolio.