The accountant is an important member of the MSP Finance Department and will be a key partner to the Controller in the daily activities in the department with analyzing and providing key reporting to plant management team. This position is highly interactive with operations leadership as well as Corporate Finance. This is an onsite position reporting to the Controller.

Position Description

Responsible for general ledger and some accompanying journal entries, financial statements, monthly reporting, reconciliations, and maintenance of files. Responsible for inventory costing, standard cost analysis, analysis of variances from standard, coordination of new standard cost generation, physical inventory execution, costing, and analysis.  Responsible for Accounts Receivable process, aging, and past due balances.  Responsible for development and implementation of improvements to existing systems including the implementation of new versions of the ERP software, recording of shop scrap information.  Assist the Controller in product line review, ER review, and development of departmental budgets and overhead rates.

Principle duties / Responsibilities: 

• Maintain general ledger and financial reporting                               
• Develop annual plan schedules & overhead rates
• Coordinate, conduct, and analyze physical inventories
• Develop & implement new systems and system improvements
• Analyze product costs and variances from standard.
• Process and bill of material analysis and review
• Manage AR including invoice verification, banking, cash application, and collections.
• Review and input scrap into system
• Backup AP / Payroll    
• Independently prepare and analyze key daily, weekly, and monthly reports
• Prepare and review certain monthly closing journals, reconciliations, and supplemental data
• Supports the monthly close process, including the preparation and review of key reports utilized in balance sheet and income statement analysis.
• Provide support for local operations teams related to monthly and weekly KPI tracking, ensuring data accuracy and timeliness
• Ensure Capital projects are closed and tracked properly
• Oversee, with support from plant controller, cycle counting activities and physical inventory control per company standards
• Assist Controller in forecast and budgeting processes
• Verifies financial data and identifies and investigates irregularities.
• Utilize continuous improvement skills to drive improvements in financial reporting.
• Provides data as requested to internal and external auditors for the plant finance department.
• Provides back up for the Controller in standard reporting and analysis responsibilities. 
• Performs tasks in accordance with Generally Accepted Accounting Principles (GAAP).

Qualifications:

• 4-year degree in Accounting, Finance or related field.
• 5 years accounting/finance experience, preferably in a manufacturing setting.
• Strong analytical capabilities
• Excellent communications skills
• Working knowledge of computerized accounting systems

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 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, d