Regal Rexnord
Accountant III
Regal Rexnord, Milwaukee, Wisconsin, United States, 53244
Position Summary:
The Accountant III position will report to the Finance Manager for IPS. This role will involve preparing monthly and quarterly journal entries, balance sheet reconciliations, management of intercompany balancing, invoicing intercompany billings, and ad hoc projects. This is a position with the ability to learn and gain experience in the business with potential to expand into additional roles and/or responsibilities.
Major Responsibilities:Prepare monthly journal entries reviewing the general ledger for accuracy and proper recording of transactions.Reviewer of various inventory responsibilities including standard costing and annual updates, book to perpetuals, Excess & Obsolete Inventory, Lower of Cost or Net Realizable Value, cycle counts, and physical counts.Developer of improvements to current accounting processes to facilitate more efficient and accurate month end close and reconciliation processes.Timely completion of balance sheet reviews.Works with corporate accounting team and local accounting teams to resolve accounting issues.Provide support as needed to Operational Management Team.Performs tasks in accordance with Generally Accepted Accounting Principles (GAAP).Provides data as requested to internal and external auditors for the corporate accounting group.Develops and implements continuous process improvements in the accounting and compliance processes of Regal.Develops processes and controls to ensure compliance with statutory regulations and Corporate accounting standards/policies.Protects operations by keeping financial information and plans confidential.Contributes to team efforts of the global Segment by accomplishing related results as needed.Required Education / Experience / Skills:
Bachelor's degree in Accounting or Finance; advanced degree preferred5+ years of relevant experienceExperience working for a company in the Manufacturing section preferredInventory experience requiredExperience with Oracle requiredExperience with Hyperion a plusTravel:
IPS segment is a Global Business. Some travel to locations is expected.
Language:
English
Benefits
Medical, Dental, Vision and Prescription Drug CoverageSpending accounts (HSA, Health Care FSA and Dependent Care FSA)Paid Time Off and Holidays401k Retirement Plan with Matching Employer ContributionsLife and Accidental Death & Dismemberment (AD&D) InsurancePaid LeavesTuition 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.
The Accountant III position will report to the Finance Manager for IPS. This role will involve preparing monthly and quarterly journal entries, balance sheet reconciliations, management of intercompany balancing, invoicing intercompany billings, and ad hoc projects. This is a position with the ability to learn and gain experience in the business with potential to expand into additional roles and/or responsibilities.
Major Responsibilities:Prepare monthly journal entries reviewing the general ledger for accuracy and proper recording of transactions.Reviewer of various inventory responsibilities including standard costing and annual updates, book to perpetuals, Excess & Obsolete Inventory, Lower of Cost or Net Realizable Value, cycle counts, and physical counts.Developer of improvements to current accounting processes to facilitate more efficient and accurate month end close and reconciliation processes.Timely completion of balance sheet reviews.Works with corporate accounting team and local accounting teams to resolve accounting issues.Provide support as needed to Operational Management Team.Performs tasks in accordance with Generally Accepted Accounting Principles (GAAP).Provides data as requested to internal and external auditors for the corporate accounting group.Develops and implements continuous process improvements in the accounting and compliance processes of Regal.Develops processes and controls to ensure compliance with statutory regulations and Corporate accounting standards/policies.Protects operations by keeping financial information and plans confidential.Contributes to team efforts of the global Segment by accomplishing related results as needed.Required Education / Experience / Skills:
Bachelor's degree in Accounting or Finance; advanced degree preferred5+ years of relevant experienceExperience working for a company in the Manufacturing section preferredInventory experience requiredExperience with Oracle requiredExperience with Hyperion a plusTravel:
IPS segment is a Global Business. Some travel to locations is expected.
Language:
English
Benefits
Medical, Dental, Vision and Prescription Drug CoverageSpending accounts (HSA, Health Care FSA and Dependent Care FSA)Paid Time Off and Holidays401k Retirement Plan with Matching Employer ContributionsLife and Accidental Death & Dismemberment (AD&D) InsurancePaid LeavesTuition 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.