This Senior Manager, Accounting role is an important leader within the Segment Accounting and Controlling team providing financial oversight, accounting guidance, and analytical support to the Power Efficiency Solutions (PES) business. This role will manage a team of two individuals as well as indirect oversight of two more individuals, and will be focused on leading accounting, analysis, and controls related to areas including accounts receivable reserves, legal accruals, rebates, and commissions.
We are looking for someone who can: build strong relationships within the organization; build a strong team and engage at all levels in the organization; take advantage of data & analytics to provide business insight and decision support; drive improvements, efficiencies, and harmonization in monthly processes; interpret technical accounting on a variety of routine and non-routine matters; and maintain compliance with accounting controls and policies. The role requires a “hands on” person who is detail oriented and results driven.
The Senior Manager, Accounting will report directly to the PES Controller and will serve as a key liaison and business partner with the Segment CFO, Divisional VPs of Finance, Plant Controllers, Corporate Accounting and Compliance, and other teams.
Key Responsibilities
- Support Segment Controller in their responsibilities and be capable to step in and back them up in all aspects of their duties where required
- Lead month end close process and manage reserve calculations, accruals, and proactively communicate with FP&A to ensure alignment on expectations for upcoming results
- Review monthly journal entries and account reconciliations for completeness and accuracy
- Research and explain variances, including through quarterly segment analytics process
- Partner closely with plant controllers, corporate, and other teams outside of the PES accounting team to understand entries made on the PES books
- Proactively supports internal controls and compliance matters to ensure company processes, controls, and accounting policies are understood and followed
- Acts as a key business partner between Segment, Business Units, and Corporate Accounting team to drive communication around accounting items, explain trends in the business, help minimize surprises during month ends, and improve accuracy of financial reporting
- Coordinates and supports internal and external auditors with data requests during quarterly and annual audits
- Partners with IT and other functions to streamline current finance processes and create new processes for key business initiatives
- Supports enhancements to Oracle ERP system and implementation of OneStream financial reporting tool, including some testing and training
- Manages, develops, and provides appropriate coaching and support for PES segment accounting team
- Occasional travel for team meetings or site visits may be required
PROFESSIONAL EXPERIENCE/QUALIFICATIONS
The successful candidate will have proven experience as a finance business partner and in developing collaborative relationships across all levels and functions within a global organization. This leader must have the passion, energy, and intellectual curiosity necessary for a fast-paced, growth-driven environment.
- Bachelor's degree in Finance or Accounting required, CPA preferred
- Minimum 8 years of relevant and progressive finance/accounting experience, 2+ years in manufacturing sector
- Must be familiar with General Ledger, Invoicing, Accounts Receivable, Accounts Payable, Purchasing, and related accounting and business processes
- Strong working knowledge of ERP systems; experience with Oracle, SAP, Hyperion, and/or OneStream is a plus
- High level of proficiency with Microsoft Excel
- Strong communication skills, ability to quickly establish strong working relationships across multiple teams
- Has a mindset of continuous improvement and can embrace Regal Rexnord’s 80/20 principles
- Proven ability to take initiative, be hands-on, investigate complex processes, and develop and execute innovative solutions to drive accurate results
- Leverages analytical skills to effectively organize and translate data into insights for decision making.
- Able to tolerate ambiguity, adapt to new situations and changes in direction, and devise ways to overcome obstacles to achieve finance and business objectives
- Can manage multiple tasks simultaneously, prioritize and direct work to meet deadlines with a sense of urgency
- Commitment to coaching and mentoring staff to enhance the proficiency, competencies, and long-term development of the team
- Create a work environment with high standards of performance but where team members feel engaged and supported
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, pregnancy, age, ancestry, national origin, genetic information, 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 for protected veterans/individuals with disabilities or policy statement, please email [email protected]. 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 [email protected].
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.
Top Skills
What We Do
All 29k+ associates at Regal Rexnord have a shared purpose: Create a better tomorrow by energy-efficiently converting power into motion. We are a leading, global manufacturer of airflow, motion control, power transmission, and power generation solutions used in commercial, industrial and residential settings.
You may not know it, but Regal Rexnord impacts your life every day. Our 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 conveyor systems that keep e-commerce flowing. Regal Rexnord is comprised of four operating segments: Motion Control Solutions, Climate Solutions, Commercial Systems and Industrial Systems. Regal Rexnord is headquartered in Milwaukee, Wisconsin and has manufacturing, sales, and service facilities worldwide. For more information, visit RegalRexnord.com.