Controller - Cleveland, Ohio - Regal Rexnord Corp

Description

Regal Rexnord Corporation ("Regal Rexnord") is a leading manufacturer of electric motors, electrical motion controls, power generation and mechanical power transmission products and sub-systems, serving customers around the world in the general industrial, consumer, commercial construction, food & beverage, and alternative energy end markets, among others. Regal Rexnord sells its products and solutions to OEMs, through distributors, and directly to end-users. With the announcement of the acquisition of Altra Industrial Motion, a ~$2B global business with 9,000 associates, focused on Power Transmission and Factory Automation products, Regal Rexnord has become a $7.3B company with 36,000 associates globally.

You may not know it, but Regal Rexnord impacts your life every day. The company's products enable the fans in HVAC systems that keep us comfortable; the power source that keeps smart buildings running; the agricultural and food service equipment that keeps us fed; and the conveyer systems that keep e-commerce flowing, to name a few of the applications where our products are used.

Regal Rexnord's business purpose is to create a better tomorrow by energy-efficiently converting power into motion. This means creating innovative solutions while focusing on both customer needs and the company's commitment to sustainability. The company's industrial powertrain and automation solutions offerings are an important part of the company's growth strategy. The company's strategy includes leveraging 80/20 to prioritize all activities, including product excellence, operational excellence and commercial excellence (i) driving organic sales growth through the introduction of innovative new products, with a particular focus on improving energy efficiency, (ii) establishing and maintaining new customers, as well as developing new opportunities with existing customers, (iii) participating in higher growth end markets and geographies, and (iv) identifying and consummating strategic, value creating acquisitions.

Scope of role

The Thomson Division is a major contributor to the Segment, with approximately 1,500 global associates and $400M in revenue. There are 10 main sites located across the United States, Mexico, the Caribbean, & Europe.

This position reports to the Senior Director of Finance, Thomson Linear Division and is responsible for a team of three ensuring accurate and timely monthly close and forecast. This position is located in Cleveland, OH and supports the manufacturing site along with collaborating with division and segment staff.

Essential Duties and Responsibilities

• Ensures application and compliance with Regal Rexnord accounting policies and procedures, US GAAP, and compliance rules and laws.
• Partner with operational and commercial leaders to support them in driving sustainable business growth, share insights, and optimize profitability.
• Maintain cost accounting system with focus on data integrity and consistency.
• Review labor and material variances in a forward-looking manner.
• Develop cost rates and analyze inventory and movements.
• Lead annual physical inventory.
• Analyze actual manufacturing costs, understand and articulate drivers for variances, and partner with operational leaders to improve efficiency and forecast accuracy.
• Manage, coach, and develop a finance team consisting of one cost accountant and one staff accountant.
• Produce labor efficiency reporting.
• Lead annual budget and monthly forecast processes.

Critical Competencies

• Strong manufacturing / cost accounting skills.
• Experience with SOX compliance testing and auditing.
• Strong analytical, problem solving, and financial system knowledge.
• Strong interpersonal skills along with excellent written and verbal communication.
• Ability to work independently with minimal supervision.
• Ability to interact with employees at various levels.
• Ability to collaborate among decentralized teams.

Education and Experience Requirements

• A bachelor's degree in accounting or finance required.
• 8+ years of experience for a manufacturing with cost accounting exposure.
• Must have a strong Cost systems background, excellent analytical skills
• Advanced user of Excel utilizing Pivot Tables, Sumif, If, vlookup, and other functions.
• Strong ERP experience, preferably Oracle.
• Team player with strong organization skills required.
• Self-motivated and a strong desire to achieve results.
• Ability to maintain confidential information.

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's 30,000 associates around the world help create a better tomorrow by providing sustainable solutions that power, transmit and control motion. The Company's 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 Company's automation offering, comprised of controls, actuators, drives, and small, precision motors, controls motion in applications ranging from factory automation to precision control in surgical tools.

The Company's 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 is headquartered in Milwaukee, Wisconsin and has 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, 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 you'd like to view a copy of the company's 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 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 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 third-parties for hires made.