Regal Rexnord

External Financial Reporting and Technical Accounting Manager

LocationRosemont, IL
Job Typefull_time
Salary$120,000-$150,000

About This Job

Scope of leadership role

The External Financial Reporting and Technical Accounting Manager will help lead the quarterly financial reporting close process in close partnership and collaboration with the Company’s accounting team and other internal stakeholders. This role will also help implement strong, sustainable financial reporting processes and controls and assist with technical accounting research and documentation as needed. The External Financial Reporting and Technical Accounting Manager is a full-time role and reports to the Director of Accounting Policy & External Financial reporting with significant visibility to leadership throughout the Company, including the SVP and Chief Accounting Officer, VP of Investor Relations, Segment CFOs and Controllers, Division Finance Directors, VP of Tax, VP of FP&A, Sr. Director of Treasury, and other leadership throughout the Company.

Key Responsibilities

Help lead the drafting and preparation of the quarterly financial statements along with other members of the financial reporting team
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
Review work of Sr. External Financial Reporting Analyst, including financial statement footnote disclosure tie-outs
Oversee and review standardized segment-level financial statement and reserve analysis to identify and understand any unusual trends and ensure the appropriate application of US GAAP and the Company’s accounting policies
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
Help lead and document annual segment, reporting unit and goodwill assessments
Coordinate 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.
Establish and maintain effective design and operating effectiveness of disclosure controls and support internal control assessments
Drive continuous improvement and reduce cycle time in the quarterly reporting process through the increased utilization of technology and tools, implementation of standard operating procedures and other efficiency measures
Monitor evolving reporting and disclosure trends and developments as well as performing benchmarking analysis to ensure transparent and high-quality reporting
Help lead the assessment and implementation of new FASB ASUs, as applicable
Assist with drafting, implementing and maintaining financial reporting policies
Assist with researching accounting literature and preparing technical accounting memos, as needed
Coordinate with and support external auditors for quarterly reviews and annual audit
Support ad hoc requests from Director of Accounting Policy & External Financial Reporting, Assistant Corporate Controller, and Chief Accounting Officer, as needed


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 and SEC rules
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
High energy, passionate individual who is focused on continuous improvement
Curious mindset and desire to work collaboratively with various internal stakeholders 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
High integrity and personal standards for quality of work
Effective problem solver and motivator
Must have strong experience with Microsoft Excel, PowerPoint and Word
Experience working in Workiva a plus
Manufacturing experience is a plus
Experience with Oracle ERP system, Hyperion, OneStream a plus

Compensation Details:

$120,000 - $150,000

The salary range provided is intended to display the value of the company's base pay compensation for all statewide locations across the United States. Salary is dependent on a multitude of factors, including but not limited to the physical worksite location, candidate's skill set, level of experience, education and internal peer compensation comparisons.

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, 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.

Equal Employment Opportunity Posters

Notification to Agencies

: Please note that Regal Rexnord Corporation and its affiliates and subsidiaries ("Regal Rexnord") do not accept unsolicited resumes or calls from third-party recruiters or employment agencies. In the absence of a signed Master Service Agreement or similar contract and approval from HR to submit resumes for a specific requisition, Regal Rexnord will not consider or approve payment to any third-parties for hires made.

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