Accountant II

Position Summary:

The Accountant II is a key member of the Regal Rexnord Automation Solutions ('ASBU') accounting and finance team. This role will be responsible for various accounting and finance activities in the period-end financial close process as well as managing intercompany account balances, invoicing intercompany billings, assisting with third-party invoice progress billings, and preparing various plant level management reporting. Additionally, this role is responsible for managing sales and use tax on a transactional basis.

This position reports to the Divisional Controller of ASBU and works closely with other members of the accounting and finance department to ensure all accounting and finance objectives and deadlines are met.

Major Responsibilities:

* Prepare manual journal entries for payroll and benefits, accounts payable, fixed assets, freight, daily cash, and others as required. Apply critical thinking to ensure manual journal entries are prepared accurately and are appropriately supported and documented in accordance with Regal Rexnord Finance policies.

* Responsible for managing all transactional sales and use taxes.

* Manage intercompany account reconciliations and prepare intercompany billings.

* Summarize direct and indirect manufacturing labor hours and calculate utilization rates. Perform analysis of utilization rates in relation to absorption and make recommendations as necessary to plant management considering current utilization rates.

* Create project folders and maintain documentation of Engineering Release Notices (ERN's), Engineering Change Orders, and customer correspondence related to ship date changes, etc., for current projects.

* Prepare third-party invoice progress billings for certain product lines including palletizer and depalletizer equipment and service projects.

* Run costing utilities within the company's ERP system (Visual) on a daily basis.

* Run month end procedures in the company's ERP system (Visual) for the A&B Engineering business unit.

* Create and track Capital Expenditure Requests (CAR's), and record fixed asset additions, disposals and depreciation as necessary.

* Prepare balance sheet account reconciliations for payroll and benefits, accounts payable, fixed assets, cash, and others, in accordance with Regal Rexnord Finance policies.

* Participate in RBS and audits. Support where needed.

* Assist Divisional Controller with all aspects of auditing, recounts, and tag control on the floor during the annual physical inventory.

* Demonstrate integrity, responsibility, continuous improvement and performance in accordance with Regal Rexnord values in an effort to help drive annual operating and development goals.

* Maintain documentation of relevant SOX controls, including manual journal entries, balance sheet account reconciliations, annual physical inventory count, and others as necessary.

* Performs other accounting and finance tasks as requested.

Education and Experience

* Associates or Bachelor's Degree in Accounting or Finance with minimum two (2) years accounting experience required.

* Experience working with ERP systems (Visual, SAP or Oracle), and Consolidation Systems (HFM or OneStream) preferred.

* Proficiency in Microsoft Excel and Word.

* Strong problem solving, analytical abilities and attention to detail with the ability to work on multiple, concurrent projects.

* Ability to exhibit Regal Rexnord core values and demonstrate a continuous improvement mindset.

Travel

* Travel requirements are limited; 5% or less.

• 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

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, and alternative energy end markets, among others. Regal Rexnord sells its products and solutions to OEMs, through distributors, and directly to end-users. Regal Rexnord is a $7.2B company with 36,000 associates globally.

You may not know it, but Regal Rexnord impacts your life every day. The company's products enable the fans in HVAC systems that keep us comfortable; the power source that keeps smart buildings running; the agricultural and food service equipment that keeps us fed; and the conveyer systems that keep e-commerce flowing, to name a few of the applications where our products are used.

Regal Rexnord's business purpose is to create a better tomorrow by energy-efficiently converting power into motion. This means creating innovative solutions while focusing on both customer needs and the company's commitment to sustainability. The company's industrial powertrain and automation solutions offerings are an important part of the company's growth strategy. The company's strategy includes leveraging 80/20 to prioritize all activities, including product excellence, operational excellence and commercial excellence (i) driving organic sales growth through the introduction of innovative new products, with a particular focus on improving energy efficiency, (ii) establishing and maintaining new customers, as well as developing new opportunities with existing customers, (iii) participating in higher growth end markets and geographies, and (iv) identifying and consummating strategic, value creating acquisitions.

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, age, ancestry, national origin, 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 or policy statement, please email . 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 .

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.