Cost Accountant

2 weeks ago

Florence, United States Regal Rexnord Corp Full time

SUMMARY

The Cost Accountant is an important member of the Plant Operations and Finance teams and will be a key partner to the Site Controller in the daily activities in the department with analyzing and preparing journal entries and account reconciliations. This position will also be responsible for managing intercompany reconciliations.

Essential Duties and Responsibilities

  • Prepares, records and tracks journal entries and general ledger reconciliations including cash, dividends, debt, and intercompany loans. May review account reconciliations performed by other team members.
  • Serves as the lead team member for intercompany balancing and works to identify and reconcile intercompany balances with global partners.
  • Supports the monthly close, including preparation and review of balance sheet and income statement accounts.
  • Consolidates and verifies financial data from business groups and identifies and investigates irregularities.
  • Responds to business unit questions regarding accounting policies or implications and provides guidance and support to the finance teams.
  • Provides data as requested to internal and external auditors for the corporate accounting group.
  • Provides back up for the Site Controller.
  • Works with corporate accounting team to streamline and improve current accounting processes to facilitate the month end close and reconciliation processes.
  • Supports capital acquisition, tracking, and capitalization of assets for approved projects.
  • Performs Inventory reconciliations and analysis, as well as supports business initiatives to improve inventory health
  • Provide product costing support and analysis, to include preparation of the annual standard cost roll.
  • Support cycle count reporting and analysis and annual physical inventory when needed.
  • Support budget and forecasting process.
  • Performs tasks in accordance with Generally Accepted Accounting Principles (GAAP).
  • Performs other duties as assigned.

Requirements & Competencies

  • Bachelor's degree in accounting, finance, or related field or equivalent combination of education and experience. CPA preferred.
  • Minimum of 2 years of relevant experience.
  • Experience working for a company in the Manufacturing section desired.
  • Knowledge of GAAP.
  • Proficient in Microsoft Office, specifically Excel.
  • Strong manufacturing / managerial accounting skills.
  • Strong analytical, problem solving, and financial system knowledge.
  • Ability to interact with key stakeholders at various levels & skill sets.
  • Ability to collaborate among decentralized teams.
  • Ability to work in a deadline-oriented environment, prioritize assignments, and handle multiple projects and/or requests concurrently.
  • Oracle experience and/or systems implementation experience a plus
  • Willingness to travel up to 10%

Physical Demand and Work Environment:

Work environment includes regular exposure to noise levels at or above 85 decibels, dust particles, and constant exposure to variable temperatures heat. Work performed in both warehouse and office settings. Appropriate Personal Protective Equipment (PPE) will be required to be worn when in manufacturing areas.

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.

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