Director, Commercial Finance

Regal Rexnord

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profile Job Location:

Milwaukee, WI - USA

profile Monthly Salary: Not Disclosed
Posted on: 4 hours ago
Vacancies: 1 Vacancy

Job Summary

Position Overview

The Director of Commercial Finance will provide strategic financial leadership for the Commercial organization supporting Regal Rexnords Power Efficiency Solutions (PES) business in North America. The Commercial organization is responsible for revenue generation and sales enablement for this segment which represents approximately $1.7 billion of Regal Rexnords $7 billion in annual revenue.

This role serves as a key business partner to the VP Sales for North America and is an integral member of the Commercial Leadership Team. The Director will oversee strategic planning budgeting forecasting financial close financial analysis SOX compliance and the ongoing enhancement of internal controls processes and financial discipline.

Key Responsibilities

  • Serve as a strategic business partner to the VP Sales for North America providing insights on the financial implications of commercial decisions
  • Play a key leadership role in the 3Year Strategic Planning process
  • Lead the annual budgeting process establishing financial targets and direction for the Commercial function including stretch goals that outperform relevant market sectors
  • Direct the monthly forecasting process including consolidation corporate reporting and leading monthly close and performance reviews with Commercial leadership
  • Collaborate closely with Division Finance and Centers of Excellence to align investments with strategic and financial priorities
  • Conduct regular business reviews with Commercial COEs including KPI tracking performance reporting and preparation of business review annual plan and other executivelevel financial presentations
  • Manage critical commercial financial programs including rebates commissions and incentive structures for Indirect Manufacturing Reps Direct outside and inside sales teams and SPIFF programs
  • Provide ad hoc financial analysis and modeling to support innovation initiatives product development pricing brand investments and marketing programs
  • Support Finance Transformation and Integration initiatives across planning budgeting forecasting modeling and reporting processes
  • Develop and refine policies and procedures to ensure compliance with company guidelines and best practices
  • Prepare financial analysis and insights for seniorlevel presentations and decisionmaking
  • Drive continuous improvement and cycletime reduction across recurring financial processes through enhanced use of technology standardization and adoption of Regal Rexnords 80/20 principles
  • Ensure compliance with Regal Rexnord accounting policies US GAAP IFRS and all applicable regulatory requirements
  • Partner crossfunctionally to provide financial leadership for division initiatives including 80/20 execution pricing strategy and footprint optimization

Required Skills & Qualifications

  • Bachelors degree in Accounting or Finance
  • Minimum of 10 years of progressive accounting/finance experience
  • Exceptional communication skills with the ability to build credibility influence crossfunctional partners and establish a strong personal brand
  • Ability to balance strategic perspective with handson analytical depth including comfort diving into transactional detail when needed
  • Strong analytical capability with a demonstrated ability to identify trends themes and opportunities for continuous improvement
  • Proven ability to navigate obstacles adapt to changing priorities and drive results in a dynamic environment
  • Commitment to developing coaching and mentoring team members to build longterm capability
  • Thrives in a fastpaced environment with frequent ad hoc requests and shifting priorities
  • Demonstrated resourcefulness initiative and results orientation; embraces continuous improvement and Regal Rexnords 80/20 principles
  • Strong working knowledge of Power BI
  • Advanced proficiency in Microsoft Excel PowerPoint and Word

Preferred Skills & Qualifications

  • Advanced degree or MBA
  • Prior experience in a Commercial Finance leadership role
  • Experience with Oracle ERP and OneStream

#LI-CB5

Benefits

  • Medical Dental Vision and Prescription Drug Coverage
  • Spending accounts (HSA Health Care FSA and Dependent Care FSA)
  • Paid Time Off and Holidays
  • 401k Retirement Plan with Matching Employer Contributions
  • Life and Accidental Death & Dismemberment (AD&D) Insurance
  • Paid Leaves
  • Tuition Assistance


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 .


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 pregnancy age ancestry national origin genetic information 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 for protected veterans/individuals with disabilities or policy statement please email 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 e-mail


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 third-party recruiters or employment 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 third-parties for hires made.


Required Experience:

Director

Position OverviewThe Director of Commercial Finance will provide strategic financial leadership for the Commercial organization supporting Regal Rexnords Power Efficiency Solutions (PES) business in North America. The Commercial organization is responsible for revenue generation and sales enablement...
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About Company

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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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