Job Description

Position Summary: The Sr. Accountant position will report to the Accounting 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.
• Assists Accounting Manager in assessing accounting implications of unusual, one time transactions.
• Interacts with public auditors to ensure all audit deliverables are met.
• Assists staff accountant and shared services team members as they need assistance with more complex accounting transactions.
• 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 preferred
• 5+ years of relevant experience
• Experience working for a company in the Manufacturing section preferred
• Experience with Oracle required
• Experience with Hyperion a plus

Travel: IPS segment is a Global Business.  Some travel to locations is expected.  

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

Language: English

#LI-Hybrid

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 Opportun