Director, Accounting

Director, Accounting

Reporting to the IPS Segment Controller, the Director will lead and oversee the accounting close and consolidation process for the IPS Segment. This position oversees a group of approximately 8 people. The Director 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 leadership role will have a broad responsibility for the following areas :

• Central accounting for the global IPS segment preparation and oversight of key accounting reserves such as Bad Debt, Excess and Obsolete Inventory, Profit in Inventory Elimination, and Inventory Cost Variance accounting, as well as other centralized accounting estimates and journal entries
• Cost Accounting Oversight Ensures all plants are applying consistent cost accounting principles in accordance with Regal Rexnord policies
• Forecast Support provide management insight into future account reserves and estimates, including updating forecast amounts within the planning tool.
• Consolidations and Intercompany Accounting ownership of the final consolidation and intercompany elimination process within IPS
• Technical Accounting Support provide sites with technical accounting support as questions arise or new transactions require support
• Strategic partner with the business ensuring accounting transactions and implications are known in advance and recorded appropriately
• Support routine and ad hoc requests from senior leadership and present reports and findings on a periodic basis.

Key Responsibilities

Professional Experience / Qualifications

Travel : Limited travel (under 20%) to support team

Benefits

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.

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, pregnancy, age, ancestry, national origin, genetic information, 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 for protected veterans / individuals with disabilities 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 .