Manager I, Accounting

Regal Rexnord is seeking a Manager, Accounting who will be responsible for certain plant controller functions. This role is responsible for overseeing the financial operations of the plant including reporting, insightful analysis, forecasting, and maintaining a robust internal control environment. The role requires strong analytical skills, attention to detail, and the ability to work collaboratively across different functions. This position will have dotted line reporting responsibility to certain Plant Managers and to the Senior Manager of Plant Finance Operations.

Key Responsibilities

• Assist the Senior Manager of Plant Finance Operations in business partnership with the Plant Manager, participating and providing insightful inputs as part of the plant leadership group, and collaborate with operational and functional leaders to identify and resolve operational challenges

• Prepare and analyze monthly financial results and key performance indicator reporting

• Provide meaningful insights on variance drivers against prior year and forecasts, and on plant performance that can drive actions to improve business results

• Track trends and validate deviations, identify risks and opportunities, and drive mitigation actions

• Assist in the development of financial plans, budgets, and forecasts

• Drive cost control and cost reduction through a deep understanding of cost drivers, diligent cost/benefit analysis, granular tracking of cost items, and challenging inefficient or excess spending

• Conduct regular productivity analysis of material and labor costs and recommend improvements that impact the overall performance of the plant

• Maintain accurate product costing records and manage year-end cost roll up of new standards

• Ensure accurate and timely recording of inventory transactions, collaborate with the production and supply chain teams to optimize inventory levels and highlight and mitigate inventory reserve risk

• Prepare annual operational budgets and periodic forecasts ensuring high level of forecasting accuracy and clear, insightful explanation of underlying assumptions and bridge items from comparison periods

• Ensure compliance of reporting and internal controls with relevant accounting standards, Sarbanes-Oxley requirements, corporate policies and procedures, and other regularly requirements

• Conduct periodic control and process audits ensuring adherence across the plant to internal control policies and to manufacturing best practices to safeguard company assets and ensure accurate reporting

• Assist internal and external audit during plant financial audits, identify root causes and remediation plans for control deficiencies, and track implementation status

• Drive all finding or process improvement opportunities to timely closure

PROFESSIONAL EXPERIENCE/QUALIFICATIONS

• Bachelor's degree in Finance or Accounting required, CPA preferred

• Minimum six years of relevant and progressive finance/accounting experience

• Strong working knowledge of ERP systems; experience with Oracle and 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

• Mid shift (3pm to 12am); Hybrid arrangement of minimum 4x RTO in a month

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