Vice President of Finance Leadership
5 days ago
The Vice President of Finance will provide leadership and direction to the Motors & Solutions finance team, serving as a key business partner to the Division SVP/GM. This role will oversee strategic planning, budgeting, forecasting, financial close, financial analysis, SOX compliance, and enhancing internal controls and procedures.
Key Responsibilities
Act as a key business partner to the VP/GM, providing business and financial insights to support decision making at strategic and operational levels.
Recommend and lead new efforts to drive profitable organic growth, decrease trade working capital requirements, increase Return on Invested Capital, and optimize Free Cash Flows.
Ensure sound monthly reporting aligned with internal RRX policies and external regulatory requirements, including US GAAP, IFRS, and SOX.
Direct monthly forecasting process with 9 operating plants, as well as consolidation and corporate reporting.
Ownership of annual budget process, working with plant controllers and division leadership to set direction and establish financial targets.
Oversee 3-Year Strategy Planning process, coordinating with Commercial, Engineering, and Operations functions to present to ELT and create long-term financials.
Participate in financial analysis for contract negotiations, capital expenditures, and product investment decisions.
Drive continuous improvement and reduce cycle time in various reoccurring financial processes through technology and efficiency measures.
Requirements
Bachelor's degree in Accounting or Finance, advanced degree preferred.
Minimum of 15 years of relevant and progressive accounting/finance experience.
Previous experience in a manufacturing environment with multi-site responsibility required.
Excellent communication skills, ability to establish a personal brand within the organization, and drive cross-functional collaboration.
Ability to connect and drive high-level strategic objectives, as well as dive into transactional detail to resolve questions or issues.
Strong working knowledge of ERP systems, experience with Oracle ERP system, SAP, Hyperion, and OneStream a plus.
Benefits include medical, dental, vision, and prescription drug coverage, spending accounts, paid time off and holidays, 401k retirement plan, life and accidental death & dismemberment insurance, paid leaves, and tuition assistance.
About Regal Rexnord
Regal Rexnord is a $6.5B publicly held global industrial manufacturer with 30,000 associates around the world. The company provides sustainable solutions that power, transmit, and control motion, with a portfolio of highly engineered power transmission components and subsystems efficiently transmitting motion to power industrial applications. The company's end markets benefit from meaningful secular demand tailwinds, including 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.
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