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

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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 $6.5B publicly held global industrial manufacturer with 30,000 associates around the world who 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 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 has offices and manufacturing, sales and service facilities worldwide. For more information, including a copy of our Sustainability Report, visit RegalRexnord.com.

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 Recruiting@RegalRexnord.com.  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 Recruiting@RegalRexnord.com.

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.