Finance Manager

4 weeks ago

West Chester, United States Regal Rexnord Corp Full time
Summary

Opportunity to be part of the Micro-Motion segment of Regal Rexnord and collaborate with the Plant Controller to perform all the FP&A functions in alignment with GAAP. This position will be located at our West Chester facility but will also remotely manage the finance responsibilities at an overseas manufacturing plant.

Essential Duties and Responsibilities

  • Lead accounting period close activity which will include preparation and review of journal entries, monthly balance sheet reconciliations, actual vs forecast variance analysis, monthly HFM/Tagetik submissions due to the Corporate Reporting team.

  • Analyzing and determining the cost effect of changes in product design, raw materials, manufacturing methods, rate schedules or services provided.

  • Maintaining standard costs on perpetual inventory records based on purchases, bills of materials and routings, rolling out yearly Standard Costs

  • Lead and supervise the account payables and account receivable function

  • Proactively review and improve current procedures and processes to ensure timely monthly close, accuracy of accounting entries, and operational efficiency

  • Responsible for inventory costing including setting up and monitoring standard costing, inter- company transfer pricing overhead capitalization, PPV, E&O processes, ensure verification of physical inventory

  • Working capital monitoring and weekly reporting

  • Ensure site authority approval matrix is followed

  • Perform research and make recommendations for complex accounting scenarios

  • Assist in implementing, maintaining, and monitoring corporate accounting policies and procedures; and assist in internal control and process documentation

  • Preparation and supervision of Sarbanes-Oxley testing & reporting of results, and analyze internal control environment and correct deficiencies

  • Manage assigned projects and collaborate with cross-functional team members in delivering high quality, decision ready information to our business partners

Critical Competencies

  • Excellent analytical, creative problem solving, organizational, time management and project management skills

  • Strong sense of ownership and curiosity to learn new skills

  • Takes initiative to implement changes that will simplify and improve processes

  • Willing to tackle challenges in a continuously changing environment

  • Advanced Microsoft Excel skills required (such as VLOOKUP's, conditional statements, pivot tables, data analysis, data visualization, what-if-analysis)

  • Able to handle multiple projects simultaneously by prioritizing tasks

  • Cross functional collaboration to ensure meet common goals

  • Excellent communication skills, both verbal and written, with prior experience interacting with varying levels of internal and external customers

Education and Experience Requirements

  • Bachelor's or master's in accounting or equivalent experience is required

  • 4 years + of manufacturing environment experience is preferred

  • CPA preferred

  • Experience in Costing function

  • Deep understanding of U.S. GAAP

  • Previous managerial experience preferred

  • Audit support experience preferred and public accounting experience a plus

  • Exposure to ERP a must, Oracle & Hyperion financial management experience preferred

Travel

  • Up to 10% of travel required - International and Regional

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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