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Accountant
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Position Summary: The Accountant II position will report to the Finance Manager for IPS. This role will involve preparing monthly and quarterly journal entries, and balance sheet reconciliations. This is a position with the ability to learn and gain experience in the business with potential to expand into additional roles and/or responsibilities. Major Responsibilities:
Prepare monthly journal entries reviewing the general ledger for accuracy and proper recording of transactions.
Owner of various inventory responsibilities including standard costing and annual updates, book to perpetuals, Excess & Obsolete Inventory, Lower of Cost or Net Realizable Value, cycle counts, and physical counts.
Works with corporate accounting team to streamline and improve current accounting processes to facilitate the month end close and reconciliation processes.
Works with local plant controllers and other finance professionals to drive completion of deliverables and progress on larger projects, such as the annual standard cost updates.
Performs tasks in accordance with Generally Accepted Accounting Principles (GAAP)
Provides data as requested to internal and external auditors for the corporate accounting group
Required Education / Experience / Skills:
Bachelor's degree in Accounting or Finance; advanced degree preferred
5+ years of relevant experience
Experience working for a company in the Manufacturing section
Experience with SAP, One Stream, Oracle, and Hyperion a plus
Travel: IPS segment is a Global Business. Some travel to locations is expected. Estimate 10% per quarter 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. 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. 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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