at Rexnord Industries LLC in Rosemont, Illinois, United States
Job Description
The Segment Technical Accounting Manager role will serve as a key liaison and business partner with Regal Rexnord's Segment CFOs and Controllers, providing oversight and proactive support on technical accounting matters to ensure the appropriate application of US GAAP, compliance with the Company's accounting policies and consistency throughout the organization. This role will also help identify and implement continuous improvement opportunities, including establishing standardized processes and deliverables and leveraging technology and tools to provide Corporate Controllership greater visibility on segment and business unit financial results and compliance with policies and US GAAP. There will be two Segment Technical Accounting Manager roles, each assigned to two of Regal Rexnord's segments and the business units that roll up into those segments. The Segment Technical Accounting Manager role is a full-time role and reports to the Director of Controls & Compliance and Segment Technical Accounting with significant visibility to various stakeholders throughout the Company, including the Corporate CFO, the Corporate CAO, Assistant Controller and Segment CFOs and Controllers.
Key Responsibilities
Closely liaison with segment and business unit teams to provide oversight and proactive support on technical accounting matters, including researching the appropriate accounting guidance and documenting (or reviewing) conclusions
Implement and prepare (or review) more standardized segment-level financial statement and reserve analysis to identify and understand any unusual trends and ensure the appropriate application of US GAAP.
Lead quarterly meetings with Segment CFOs and Controllers to understand trends in the business, identify and determine the related accounting implications of new transactions or changes in the business and reinforce and ensure compliance with Company accounting policies
Participate in segment and business unit balance sheet reviews
Provide proactive support for any new business acquisitions or divestitures, including performing opening balance sheet reviews and coordinating with 3rd party specialists on valuation procedures
Establish quarterly "roundtable" meetings with Segment Finance teams and other functional teams in Finance (e.g., Treasury, Tax and Internal Audit) to communicate deliverable timelines, policy, personnel and systems updates, key cross-functional initiatives, etc.
Support implementation of new accounting guidance, policies, etc.
Coordinate with and support external auditors for quarterly reviews and annual audit
Prepare deliverables for Sr. Leadership and Audit Committee, as needed
Minimal travel required (less than 15%)
PROFESSIONAL EXPERIENCE/QUALIFICATIONS
Bachelors degree in Accounting
Masters degree in Accounting or MBA strongly preferred
CPA is strongly preferred
7 - 10 years of progressive accounting experience
Large public accounting and/or large US public company experience strongly preferred
Strong understanding and experience in practically applying US GAAP, including in areas such as revenue recognition, inventory, CECL, impairment analysis, purchase accounting, restructuring and leases
Excellent verbal and written communication skills; ability to quickly establish a personal brand within the organization to drive cross functional collaboration and influence resources outside one's direct responsibility.
Ability to lead through influence
Curious mindset and desire to work directly with segment and business unit management to pragmatically resolve issues and questions
Engaging approach that builds rapport and cohesiveness within the team
Insightful ability to identify trends and themes for continuous improvement across the function
Ability to overcome obstacles and achieve objectives, changing direction along the way to achieve business objectives
Motivated by and thrives in a fast-paced environment with frequent ad hoc requests and changing priorities.
Manufacturing experience is a plus
Experience with Oracle ERP system, Hyperion, OneStream, a plus
Must have strong experience with Microsoft Excel, Powerpoint and Word.
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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 Corporation ("Regal Rexnord") is a leading manufacturer of electric motors, electrical motion controls, power generation and mechanical power transmission products and sub-systems, serving customers around the world in the general industrial, consumer, commercial construction, food & beverage,... For full info follow application link.
Equal Employment Opportunity Employer: Female/Sexual Orientation/Gender Identity/Minority/Veteran/Disabled
