Senior Director, Controller

Shanghai - China

Monthly Salary: Not Disclosed

Posted on: 19 hours ago

Vacancies: 1 Vacancy

Job Summary

Key Responsibilities:

As business partner to regional business leader support region to deliver financial commitment own controllership reporting planning and analysis for the region follow global financial planning/reporting cycles and requirements.
Direct the regular financial processes for the operation including month-end closing monthly financial forecast profit plan (AOP) and strategic plan including reporting and analysis of results. Ensure accurate and challenging plans and forecasts are submitted with comprehensive analysis of significant variances to enable the discovery of the root cause and enable appropriate decision making and corrective action.
Conducts balance sheet reviews to ensure accuracy of stated balances and review account reconciliations. Ensure maintenance of proper accruals and reserves. Analyze operating results and balance sheet elements to determine and recommend profit and/or cash flow improvement opportunities.
Assure the existence and competency of financial systems and procedures to comply with GAAP and corporate policies and procedures to guarantee the integrity of financial reporting. Ensure compliance with statutory requirements GAAP and Sarbanes Oxley documentation as appropriate throughout entire region
Review approve and / or recommend course of action on capital investment decisions. Provide in-depth analysis on investment financial return. Optimize manufacturing footprint and improve product cost competitiveness through strategic localization and cost-out investment.
Managing the working capital in the region maximize working capital efficiency including AR/AP/Inventory. Partnering with operations on inventory turnover effectiveness overseeing cash collection activities and payment.
Understand market intelligence lead commercial financial analysis for strategic growth initiative deployment in the region support product portfolio management with solid analysis.
Provide financial support to strategic business development projects.
Provide direction to plant controllers in the appropriate implementation of standard cost revisions and the setting of transfer prices to other RRX locations.
Reviews and approves physical inventory results burden rate reviews and annual standard cost changes.
Demonstrates financial leadership to help drive through Segment and Corporate initiatives and ensure they are enhancing financial performance of the operations.
Protects assets and interests of RRX which includes actively hedging the regions non-functional currency exposures.
Provides external benchmark analysis for financial performance as well as administrative and operational process efficiency. Implement best practices across the finance function.
In charge of all financial related responsibilities for all regional business.
Attract select direct and motivate professionals that consistently apply generally accepted accounting principles and who continuously strive to strengthen the overall profitability of the business. Provide leadership and direction for finance function as member of Segment Finance Leadership team. Responsible for Region Finance capability assessment and succession plans. Ensures adequate finance bench strength in place to meet current and future business needs. Manages resources effectively.

Qualifications:

BS degree in Finance Accounting or Business Administration; CPA or (or equivalent)/MBA preferred
15 years in a manufacturing environment 10 years supervisory experience with at least 5 years of multi-site/countries financial leadership
Multi-national company (American or Europe) and regional leadership experience is a plus
Proven managerial capability
Strong interpersonal communication and leadership skills.
Ability to operate across and influence within a complex matrixed global organizational structure
Thorough knowledge and understanding of accounting principles and concepts.
Pronouncements of external regulatory bodies
International experience across financial disciplines i.e. tax strategies transfer pricing currency hedging statutory reporting legal entity implications etc.
Ability to prepare analyze and interpret financial and operations analyses/reports.
Broad general business knowledge.
Working knowledge of financial and ERP systems.
General knowledge of all functional areas of the Region Segment and Corporate organizations.
Working knowledge of sourcing and manufacturing practices followed by Operations personnel.

About Regal Rexnord

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:

Exec

Key Responsibilities:As business partner to regional business leader support region to deliver financial commitment own controllership reporting planning and analysis for the region follow global financial planning/reporting cycles and requirements.Direct the regular financial processes for the oper...

Key Responsibilities:

As business partner to regional business leader support region to deliver financial commitment own controllership reporting planning and analysis for the region follow global financial planning/reporting cycles and requirements.
Direct the regular financial processes for the operation including month-end closing monthly financial forecast profit plan (AOP) and strategic plan including reporting and analysis of results. Ensure accurate and challenging plans and forecasts are submitted with comprehensive analysis of significant variances to enable the discovery of the root cause and enable appropriate decision making and corrective action.
Conducts balance sheet reviews to ensure accuracy of stated balances and review account reconciliations. Ensure maintenance of proper accruals and reserves. Analyze operating results and balance sheet elements to determine and recommend profit and/or cash flow improvement opportunities.
Assure the existence and competency of financial systems and procedures to comply with GAAP and corporate policies and procedures to guarantee the integrity of financial reporting. Ensure compliance with statutory requirements GAAP and Sarbanes Oxley documentation as appropriate throughout entire region
Review approve and / or recommend course of action on capital investment decisions. Provide in-depth analysis on investment financial return. Optimize manufacturing footprint and improve product cost competitiveness through strategic localization and cost-out investment.
Managing the working capital in the region maximize working capital efficiency including AR/AP/Inventory. Partnering with operations on inventory turnover effectiveness overseeing cash collection activities and payment.
Understand market intelligence lead commercial financial analysis for strategic growth initiative deployment in the region support product portfolio management with solid analysis.
Provide financial support to strategic business development projects.
Provide direction to plant controllers in the appropriate implementation of standard cost revisions and the setting of transfer prices to other RRX locations.
Reviews and approves physical inventory results burden rate reviews and annual standard cost changes.
Demonstrates financial leadership to help drive through Segment and Corporate initiatives and ensure they are enhancing financial performance of the operations.
Protects assets and interests of RRX which includes actively hedging the regions non-functional currency exposures.
Provides external benchmark analysis for financial performance as well as administrative and operational process efficiency. Implement best practices across the finance function.
In charge of all financial related responsibilities for all regional business.
Attract select direct and motivate professionals that consistently apply generally accepted accounting principles and who continuously strive to strengthen the overall profitability of the business. Provide leadership and direction for finance function as member of Segment Finance Leadership team. Responsible for Region Finance capability assessment and succession plans. Ensures adequate finance bench strength in place to meet current and future business needs. Manages resources effectively.

Qualifications:

BS degree in Finance Accounting or Business Administration; CPA or (or equivalent)/MBA preferred
15 years in a manufacturing environment 10 years supervisory experience with at least 5 years of multi-site/countries financial leadership
Multi-national company (American or Europe) and regional leadership experience is a plus
Proven managerial capability
Strong interpersonal communication and leadership skills.
Ability to operate across and influence within a complex matrixed global organizational structure
Thorough knowledge and understanding of accounting principles and concepts.
Pronouncements of external regulatory bodies
International experience across financial disciplines i.e. tax strategies transfer pricing currency hedging statutory reporting legal entity implications etc.
Ability to prepare analyze and interpret financial and operations analyses/reports.
Broad general business knowledge.
Working knowledge of financial and ERP systems.
General knowledge of all functional areas of the Region Segment and Corporate organizations.
Working knowledge of sourcing and manufacturing practices followed by Operations personnel.

About Regal Rexnord

Required Experience:

Exec

Key Skills

Information Management
Organizational skills
Communication skills
Microsoft Outlook
Microsoft Word
Assembly Experience
User Acceptance Testing
Microsoft Excel
Sharepoint
Document Management Systems
Document Management
Manufacturing

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About Company

Regal Rexnord

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.

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