Finance Intern

Reposted 16 Days Ago
Be an Early Applicant
Radford, VA, USA
In-Office
Internship
Energy • Renewable Energy
The Role
The Finance Intern will assist in various financial management tasks, including analysis, reporting, and project management. This role offers opportunities for significant responsibility and mentorship.
Summary Generated by Built In

Kollmorgen Finance Internship Program provides college students, who wish to pursue a career in Finance, the opportunity to get exposed to the various facets of financial management.  The Program will build on your technical and interpersonal skills by providing you a role with significant responsibility as well as exposure to experienced business leaders, mentors, and subject matter experts.

Successful completion on internship may lead to a full-time position in the Financial Leadership Development program.

Assignments

  • Assignments are project-based. You will work closely with our Accounting and Financial staff, you will learn to conduct an analysis, perform accounting tasks, conduct reporting or assist in reviewing Sarbanes-Oxley controls. Some of the job duties might include:
    • Analyzing and understanding the cost structure of our products
    • Evaluating and reporting on all aspects of the business including profit & loss and working capital
    • Analyzing volume adjusted performance against plan, forecast, and prior year
    • Understanding root cause and prioritization of manufacturing and purchasing variances
    • Providing accurate, timely actuals
    • Working with manufacturing engineers to ensure validity of Bills of Materials
    • Proactively establishing best practices in balance sheet reconciliations, general ledgers as well as accounts receivable and accounts payable
  • You will be given the opportunity to lead and manage a project to completion and make a presentation to our Executive and Senior Level staff.  Selection of the project will vary according to the participant’s preference, availability of the assignment, and the needs of the organization.

Qualifications

  • To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education and/or Experience

  • Pursuing a BS in Accounting, Finance, or Economics is preferred.
  • Must have strong interpersonal skills and the ability to communicate with all levels of associates ranging from assembly technicians to management.

EEO Statement: The company in which you have expressed employment interest is a subsidiary or affiliate of Regal Rexnord Corp. The subsidiary or affiliate is referred to as an ""Regal Rexnord Company."" Regal Rexnord Corp. and all Regal Rexnord Companies are equal opportunity employers that evaluate qualified applicants without regard to race, color, national origin, religion, sex, age, marital status, disability, veteran status, sexual orientation, gender identity or expression, or other characteristics protected by law. The ""EEO is the Law"" poster is available at: http://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf. Individuals who need a reasonable accommodation because of a disability for any part of the employment process will have the opportunity to request accommodation during the application process.

Restrictions imposed by federal export control laws may limit this job opportunity to candidates who are a ‘U.S. Person’, which includes U.S. citizens, U.S. nationals, U.S. permanent residents, individuals granted asylum in the United States, and refugees in the United States, or who otherwise can qualify for a license that permits them to hold the position.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.

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.

  • 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.
  • 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.
  • 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

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The Company
HQ: Milwaukee, Wisconsin
8,232 Employees
Year Founded: 1955

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.

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