Position Summary
The Accountant II position is part of the IPS Segment Accounting team reporting to the Accounting Manager. This role supports centralized accounting activities on behalf of multiple legal entities, working closely with both corporate and local accounting teams. Responsibilities include preparing monthly and quarterly journal entries, balance sheet reconciliations, intercompany accounting and billings, cash application and supporting ad hoc projects. This position offers strong exposure to the business and opportunities to grow into additional responsibilities over time.
Major Responsibilities
- Prepare and post monthly and quarterly journal entries, including review of the general ledger for accuracy and proper recording of transactions.
- Support intercompany accounting activities, including intercompany balancing and invoicing of intercompany billings.
- Perform timely balance sheet reconciliations and reviews; investigate and resolve variances.
- Support inventory accounting activities, including standard costing, annual cost updates, book‑to‑perpetual reconciliations, Excess & Obsolete inventory analysis, Lower of Cost or Net Realizable Value assessments, cycle counts, and physical inventory counts.
- Support cash application activities, including researching unapplied or misapplied cash, and coordinating with AR/AP and local teams to resolve discrepancies.
- Partner with corporate accounting and local entity accounting teams to resolve accounting issues and ensure accurate financial reporting across multiple entities.
- Provide accounting and data support to the Operational Management and FP&A teams, as needed.
- Assist with internal and external audit requests by providing supporting documentation and analysis.
- Perform all tasks in accordance with Generally Accepted Accounting Principles (GAAP), corporate accounting policies, and statutory requirements.
- Support continuous improvement initiatives by identifying opportunities to enhance accounting processes, controls, and close efficiency.
- Help develop and maintain accounting processes and controls to ensure compliance with corporate standards and regulatory requirements.
- Protect confidential financial information and contribute to the overall objectives of the IPS segment through collaboration and teamwork.
Required Education / Experience / Skills
- Bachelor’s degree in Accounting or Finance (advanced degree or CPA preferred).
- 3-5 years of relevant accounting experience.
Preferred Skills and Qualifications
- Experience in a manufacturing environment preferred.
- Experience with SAP and/or OneStream a plus
- Strong analytical skills, attention to detail, and the ability to collaborate effectively across teams.
Work Type: Hybrid: This role is eligible for a Hybrid Work Schedule, which requires working a minimum of 3 days per week from your designated Regal Rexnord office and allows up to 2 remote workdays.
Travel: RRX is a Global Business. Some travel to locations may be required. Estimated travel is less than 10%.
Language: English
- 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 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.
Skills Required
- Bachelor's degree in Accounting or Finance
- 3-5 years of relevant accounting experience
Regal Rexnord Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Regal Rexnord and has not been reviewed or approved by Regal Rexnord.
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Healthcare Strength — Health coverage includes PPO and high-deductible/HSA options plus dental, vision, and prescription coverage, with FSA/HSA and wellness or tobacco-free incentives. These offerings are described consistently on the company’s careers pages.
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Retirement Support — A 401(k) with employer match is included alongside life and AD&D, plus short- and long-term disability coverage. Recent postings reiterate the 401(k) match as part of the standard package.
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Parental & Family Support — Paid parental and family leave, adoption assistance, and an Employee Assistance Program are part of the package. Several materials also reference floating holidays that complement core leave options.
Regal Rexnord Insights
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.
