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    Accounting Manager - Milwaukee, United States - Regal Rexnord Corp

    Regal Rexnord Corp
    Regal Rexnord Corp Milwaukee, United States

    3 days ago

    Default job background
    Description
    Scope of leadership role

    Under general guidance from the IPS Controller and directly reporting to the Director of Shared Service and Finance Transformation, this position will primarily be responsible for the period end close process for various business units, and the consolidation activities at a corporate segment level for the general ledger shared services group.

    This includes preparing and posting journal entries, reviewing and analyzing balance sheet accounts, completing account reconciliations, preparing reports, and various other general ledger (G/L) activities.

    This position will also analyze, compile and distribute weekly/monthly reporting packages while assisting business unit Controllers, Corporate Finance Team, and Segment leadership.

    This is a hands-on accounting position, managing 4-5 direct reports both in the US and abroad, and aiding in the distribution of work performed in the general ledger accounting group.

    Key Responsibilities
    Drive the strategic direction and execution of G/L accounting processes related to accurate and timely recording and reporting of financial information and analysis of both internal and external reporting, in accordance with Regal Rexnord's corporate accounting policies, Generally Accepted Accounting Principles (U.S. GAAP) and other relevant statutory, governmental or professional guidelines.


    Contribute to and manage various processes of the general ledger month-end close, including journal entry preparation (SAP/Blackline), account reconciliations, consolidation activities, intercompany balancing, as well as, presentation of the balance sheet and income statement results and analysis for multiple companies.

    Support the segment corporate consolidation process. Perform administration and closing tasks in Tagetik (financial consolidation software), ensuring proper accounting and internal controls are in place.

    Support finance transformation and the implementation of the new financial consolidation system.

    Prepare and analyze monthly account reconciliations. Ensure reconciliations are approved and appropriately maintained with supporting documentation in accordance with Corporate Accounting Policies, U.S. GAAP and/or other relevant statutory, governmental, and professional guidelines. Support senior accountants and staff accountants in the completion of similar duties.

    Lead the intercompany balancing process while collaborating with foreign and domestic site controllers to resolve any balancing issues.


    Serve as a subject matter expert for all general ledger accounting duties, as well as, various software packages - SAP, Tagetik, OneStream, and other software as needed.

    Serve as a training resource with a strong desire to support and improve the knowledge base of G/L team.

    Identifies and leads continuous improvement projects

    This is a hands-on accounting position, managing 4-5 direct reports.

    PROFESSIONAL EXPERIENCE/QUALIFICATIONS
    Bachelor's Degree required, preferably majoring in Accounting or Finance

    CPA preferred. MBA or other advanced degree a plus.

    Minimum of 8 years of experience in accounting, finance, or related field

    Demonstrated leadership capability. Supervisory experience preferred.

    ERP experience required. Experience using major ERP Systems preferred - SAP, Oracle, or JD Edwards for example.

    Experience with financial consolidation software packages and other financial systems, such as CCH Tagetik, Hyperion/HFM, Onestream or Blackline preferred.

    Advanced skills in Microsoft Excel (Lookups, Sum Ifs, If statements, Pivot Tables). Proficiency with other MS Office tools - Word, Outlook, and PowerPoint.

    Experience in a shared services and/or manufacturing environment preferred.

    External or Internal Audit experience a plus.


    Must be able to maintain a flexible work schedule as needed during periods of high workload such as month-end close.

    Strong written and verbal communication skills with a customer service focus.

    Ability to adapt to change and navigate through ambiguity in a constantly evolving environment. Strong ability to remain calm under pressure.

    Travel
    Limited travel (under 20%) to support team

    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.

    Regal Rexnord sells its products and solutions to OEMs, through distributors, and directly to end-users. Regal Rexnord is a $7.2B 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.

    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.

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