Plant Controller

Reposted 7 Days Ago
Be an Early Applicant
Lincoln, MO
In-Office
Senior level
Energy • Renewable Energy
The Role
The Plant Controller oversees financial operations of the plant including reporting, analysis, forecasting, and maintaining internal controls. Responsibilities include preparing financial results, tracking trends, driving cost control, managing inventory, and ensuring compliance with accounting standards.
Summary Generated by Built In

Summary

Regal Rexnord is seeking a Plant Controller within the Power Efficiency Solutions Segment based onsite in Lincoln, MO.  The Plant Controller position is responsible for overseeing the financial operations of the plant including reporting, insightful analysis, forecasting and maintaining a robust control environment.  This role requires strong analytical skills, attention to detail, and the ability to work collaboratively across different functions.  The position reports directly to the Segment Director of Finance Operations and dotted line to the Plant Manager.

Key Responsibilities

  • Be the Business Partner for the Plant Manager, participating and providing insightful inputs as part of the plant leadership team and collaborate with operational and functional leaders to identify and resolve operational challenges and drive a best in class production environment

  • Prepare and analyze monthly financial results and KPI 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 overspend.

  • Conduct regular productivity analysis of material and labor costs and recommend improvements that impacts 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 E&O risk

  • Conduct periodic inventory audits to verify accuracy and reduce discrepancies.

  • 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 regulatory 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 auditor during plant audits, identifying root causes and remediation plans for control deficiencies, and track implementation status’. Drives all finding and/or process improvement opportunities to timely closures.

  • Responsible for participation with site team members for ensuring SQDC culture and implementation of projects to achieve location goals.

Required Qualifications:

  • Bachelor's degree in Accounting or Finance

  • 8+ years’ experience minimum in Global Manufacturing environment

  • Ability to speak English and Spanish

  • Strong working knowledge of ERP systems

  • Proven ability to be hands on, roll up sleeves and demonstrate resourcefulness, initiative, results-orientation.  Has a mindset of continuous improvement and can embrace Regal Rexnord’s 80/20 principles.

  • Demonstrated ability to evaluate and coach/mentor teams to a higher standard

  • Demonstrated ability to develop strong partnerships and influence resources outside one’s direct responsibility

  • Change agent with high sense of urgency and personal drive to achieve excellence

  • Ability to communicate complex financials in a way that is understandable at all levels of the organization

Preferred Qualifications:

  • Advanced degree preferred

  • Accounting Certification Preferred (ex. CPA, ACA, ACMA)

  • Oracle experience a plus

#LI CB5

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 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

Erp Systems
Oracle
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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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