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Sr Accounting Manager

Regal Rexnord Corp
paid time off, tuition assistance, 401(k), retirement plan
United States, Wisconsin, Milwaukee
Nov 06, 2024

Scope of leadership role

Reporting to the IPS Segment Controller, the Sr. Manager will lead finance transformation efforts within IPS, primarily focusing continuing to expand the RRX shared services vision by centralizing accounting and finance activities within the shared service centers. The Sr. Manager will serve as an important and strategic leader within the Company's finance organization, leading & developing a team of finance professionals, contributing to the development of and compliance with standard frameworks and practices that enable accurate and timely financial statements, driving continuous improvement and efficiencies in the accounting close and partnering with and supporting the business on various accounting matters. This role will have significant visibility to executive leadership throughout the Company and will maintain close working relationships with the Segment CFO and Controller, Senior Director of FP&A and Finance Directors, and the Corporate Accounting/Shared Service teams, among others.

This leadership role will have a broad responsibility for the following areas:

  • Finance Transformation - assess activities currently performed within accounting and finance that are better suited to be performed by shared services.
  • Lead and monitor transition of activities to the shared service function.
  • Collaborate with shared service teams in Manila, Slovakia, and other locations to ensure a smooth transition of activities.
  • Develop strategy and report out on transformation progress to IPS Segment Controller and CFO

Key Responsibilities

  • Guides financial decisions by establishing, monitoring, and enforcing policies & procedures.
  • Protects assets by establishing, monitoring, and enforcing internal controls.
  • Ensures application and compliance with Regal accounting policies and procedures, US GAAP, IFRS accounting and compliance rules and laws.
  • Identifies and successfully transitions high volume, low complexity transactions to the shared services team.
  • Establishes shared service teams that provide consistent service levels to customer organizations.
  • Collaborate with the Corporate shared service and other organizations within the company to ensure transition success.
  • Implements, applies, and standardizes Regal SOX and internal controls, and monitors success to minimize risk.
  • Develops and implements continuous process improvements in the accounting and compliance processes of Regal Rexnord.
  • Reports on root causes, remediation plans, and updated status'.
  • Drives all finding and/or process improvement opportunities to timely closures.
  • Develops processes and controls to ensure compliance with statutory regulations and Corporate accounting standards/policies.
  • Proactively ensures completion of all other compliance requirements, e.g. governmental surveys.
  • Drives consistency and continuous improvements in processes, tools, formats, and templates to mitigate risk.
  • Drives all finding and/or process improvement opportunities to timely closures.
  • Maintains professional and technical knowledge by attending educational workshops; reviewing professional publications; establishing personal networks; participating in professional societies.
  • Protects operations by keeping financial information and plans confidential.
  • Contributes to team efforts of the global Segment by accomplishing related results as needed.

PROFESSIONAL EXPERIENCE/QUALIFICATIONS

  • Bachelor's degree in Accounting or Finance
  • Master's Degree in Accounting or MBA preferred
  • CPA preferred
  • 8+ years of relevant and progressive accounting experience
  • Big 4 accounting and/or large US public company experience preferred
  • Strong understanding and practical working knowledge of US GAAP
  • Strong leadership, team building and project management skills
  • Experience with finance transformation initiatives and establishment of centralized shared service functions
  • Experience with Oracle ERP system, Hyperion and OneStream is a plus. Must have strong experience with Microsoft Excel, Powerpoint and Word.

Travel:

  • Limited travel (under 20%) to support team

#LI-hybrid

Candidates must be eligible to work in the United States without requiring company sponsorship to obtain or keep U.S. work authorization

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, age, ancestry, national origin, 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 or policy statement, please email Recruiting@RegalRexnord.com. 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 Recruiting@RegalRexnord.com.

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.

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