About this role
Position Summary:
Functionally reporting to the Segment Finance Director, the Staff Accountant will support the monthly accounting close and consolidation process in partnership and collaboration with members of the broader accounting team and other stakeholders throughout the Company. This position will maintain close working relationships with Segment Controllership and Finance teams and various other departments throughout the organization, including Treasury, Legal and HR. The Staff Accountant is a full-time role.
This role will have a broad responsibility for the following areas:
General Ledger
Consolidations and Intercompany Accounting– ownership of the final consolidation and intercompany elimination process, Hyperion loads, mapping, etc
Treasury Accounting – debt and interest, hedging, cash reconciliations, dividends
US Ledger Accounting – shared accounting for certain activities of US and Mexico based businesses
Key Responsibilities
Support the monthly close and consolidation process, including cash, prepaids, fixed assets, leases, accruals / reserves, debt, allocations, insurance, and equity
Prepare certain journal entries, account reconciliations and financial statement analytics
Drive continuous improvement and reduce cycle time in the monthly close process through the increased utilization of technology and tools, implementation of standard operating procedures and other efficiency measures
Support internal control assessments and establish and maintain effective design and operating effectiveness of internal controls of assigned processes
Implements processes and controls to ensure compliance with statutory regulations and Corporate accounting standards/policies.
Provides SEC Reporting support as needed – rollforwards, support schedules
Coordinate with and support external auditors for quarterly reviews and annual audit
Professional Experience/Qualifications
Bachelor's degree in Accounting
CPA or CPA equivalent preferred
At least 5 years of relevant accounting experience
Consolidation experience at a large, multi-national company is strongly preferred
Experience with Oracle/SAP ERP system, Hyperion and/or OneStream is strongly preferred. Must have strong experience with Microsoft Excel, PowerPoint and Word.
Public accounting and/or large US public company experience a plus
Strong understanding and practical working knowledge of US GAAP
Manufacturing experience is a plus
Strong communication skills
Curious mindset that proactively seeks understanding and feedback
Insightful ability to identify trends and themes for continuous improvement across the function
Ability to overcome obstacles and achieve objectives, changing direction along the way to achieve business objectives
Motivated by and thrives in a fast-paced environment with frequent ad hoc requests and changing priorities.
Work setup:
- Shift: 4PM to 1AM but must be willing to work on night shift during the month end close week
- Minimum of 4x RTO in a month, might exceed depending on business need
#LI-Hybrid
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.
Other facts
About Regal Rexnord
All 30k+ associates at Regal Rexnord have a shared purpose: Create a better tomorrow with sustainable solutions that power, transmit, and control 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: Automation & Motion Control, Industrial Powertrain Solutions, Power Efficiency Solutions and Industrial Systems. Regal Rexnord is headquartered in Milwaukee, Wisconsin and has manufacturing, sales and service facilities worldwide. For more information, visit RegalRexnord.com.
What you'll do
- The Staff Accountant will support the monthly accounting close and consolidation process, maintaining relationships with various departments. Key responsibilities include preparing journal entries, account reconciliations, and driving continuous improvement in the monthly close process.
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