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Senior Manager - Grafton, United States - Regal Rexnord Corp
Description
Scope of Leadership Role:
This Senior Manager, Accounting role is an important member and leader of the Segment Accounting and Controlling team providing financial oversight, accounting guidance, and analytical support to the Power Efficiency Solutions (PES) segment.
This role will manage a team of three individuals focused on leading accounting, analysis, and controls related to inventory, obsolescence, standard costing, manufacturing plant support, sourcing, and new product execution.
This role will also help identify and implement continuous improvement opportunities, including establishing standardized processes and leveraging technology and tools to provide greater visibility on segment and business unit financial results as well as compliance with accounting controls and policies.
The Senior Manager, Accountingwill report directly to the PES Global Controller and
will serve as a key liaison and business partner with Segment and
Division CFOs, Business Unit and Regional Finance Directors, Plant Controllers, Corporate Accounting and Compliance, FP&A, and PES cross-functional teams.
Key Responsibilities:
Collaborates with Global Controller in providing comprehensive financial support to the PES global segment and business functions.
Leads month end close and manages reserve calculations, accruals, and reporting related to inventory, excess and obsolescence, LCNRV, freight, capital investments, and other areas as assigned.
Responsible for reviewing capitalized variance accounting related to material, freight, and tariff variances.Reviews monthly journal entries and account reconciliations for accuracy and proper recording of transactions.
Researches and explains performance variances and prepares quarterly segment analytics and commentary.
Works closely with manufacturing plants and supply management to help root cause and drive resolution to ad hoc inventory, costing, and margin questions.
Oversees standard costing of new parts, annual cost roll, and transfer pricing for specified intercompany partners, suppliers, and shared distribution centers.
Leads annual segment balance sheet audits and inventory audits at select U.S. consigned warehouse locations.Proactively supports internal controls and compliance matters to ensure company
processes, controls, and accounting policies are understood and followed.
Acts as a key business partner between Segment, Business Units, and Corporate Accounting team to drive communication around accounting items, explain trends in the business, help minimize surprises during month ends, and improve accuracy of financial reporting.
Coordinates and supports internal and external auditors with data requests during quarterly and annual audits.Partners with
IT and other functions to streamline current finance processes and create new processes for key business initiatives.
Supports enhancements to Oracle ERP system and implementation of OneStream financial reporting tool, including some testing and training.
Manages, develops, and provides appropriate coaching and support for PES segment accounting team.
Professional Experience / Qualifications:
The successful candidate will have proven experience as a Finance business partner and in developing collaborative relationships across all levels and functions within a global organization.
Bachelor's degree in Finance or Accounting required, CPA preferred.
Minimum 8 years of relevant and progressive finance/accounting experience, 2+ years in manufacturing sector.
Must be familiar with General Ledger, Invoicing, Accounts Receivable, Accounts Payable, Purchasing, and Inventory accounting and business processes.
Strong working knowledge of ERP systems; experience with Oracle, SAP, Hyperion, and/or OneStream is a plus.
High level of proficiency with Microsoft Excel and PowerPoint.
Has a mindset of continuous improvement and can embrace Regal Rexnord's 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.Commitment to coaching and mentoring staff to enhance the proficiency, competencies, and long-term development of the team.
Work Location:
Hybrid remote in Grafton, Milwaukee, or Chicago area.
Travel:
10%
Language:
English
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 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.
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.
Equal Employment Opportunity StatementRegal 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 PostersNotification 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.
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