Sr Accounting Manager
Regal Rexnord
United States, Wisconsin, Milwaukee
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Salary
$100,000 - $156,000 Per Year
Rank
Senior Manager
Responsibility
Functional Tower Lead
Scope
Global
Workplace
Hybrid
Functions
Finance
Legal
Reports to
IPS Segment Controller
Level
N-2
Travel Max:
20%
Posting Date
12-08-2024
Description
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.
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.
Qualification & Requirements
- 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.
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
Company Profile
Regal Rexnord
Industry
Electric Power Transmission Control and Distribution
Revenue
$6.25B
Employees
32,100
Fortune 500 Rank
#631
Global 500 Rank
NA
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