Cost Accountant

5 days ago


Florence, Colorado, United States Regal Rexnord Corp Full time
About the Role

We are seeking a highly skilled Cost Accountant to join our team at Regal Rexnord Corp. As a key member of our Plant Operations and Finance teams, you will play a critical role in analyzing and preparing journal entries and account reconciliations.

Key Responsibilities
  • Prepare, record, and track journal entries and general ledger reconciliations, including cash, dividends, debt, and intercompany loans.
  • Review account reconciliations performed by other team members and identify and reconcile intercompany balances with global partners.
  • Support the monthly close, including preparation and review of balance sheet and income statement accounts.
  • Consolidate and verify financial data from business groups and identify and investigate irregularities.
  • Respond to business unit questions regarding accounting policies or implications and provide guidance and support to the finance teams.
  • Provide data as requested to internal and external auditors for the corporate accounting group.
  • Provide back-up for the Site Controller and work with corporate accounting team to streamline and improve current accounting processes.
  • Support capital acquisition, tracking, and capitalization of assets for approved projects.
  • Perform Inventory reconciliations and analysis, as well as support business initiatives to improve inventory health.
  • Provide product costing support and analysis, including preparation of the annual standard cost roll.
  • Support cycle count reporting and analysis and annual physical inventory when needed.
  • Support budget and forecasting process.
  • Perform tasks in accordance with Generally Accepted Accounting Principles (GAAP).
Requirements and Competencies
  • Bachelor's degree in accounting, finance, or related field or equivalent combination of education and experience.
  • 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.
About Regal Rexnord Corp

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.



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