Manager Cost Accountant

Scope of leadership role

Position Summary: Manages cost accounting activities/team and is in charge of cost control methods within a business unit/group. Develops and/or maintains standard cost system needed to provide an appropriate level of costing information to management. Provides hiring, promotion and disciplinary action recommendations, as well as performance evaluation and feedback for direct reports. Develops the product price list. Conducts extensive research and compiles product cost statements. Conducts break-even analysis to determine most efficient quantity of a product at most efficient cost. Coordinates physical inventory and cycle counts; investigates cycle count variances and resolves issues. Evaluates, reviews and ensures that proper approvals are obtained for the disposition of obsolete inventory. Maintains controls and sets processes for the proper disposition of obsolete and scrap material. Reviews or develops cost standards for materials, labor and overhead. Evaluates and makes recommendations to reduce costs and effectively produce a quality project at the best cost possible through analysis of variable and overhead costs, raw products used, and labor. Analyzes major capital acquisition proposals for cost savings and payback periods. Establishes expense budgets for manufacturing. Oversees month-end cost accounting close.

Key Responsibilities

• Maintain cost accounting according to the system of standards of parts and finished product.
• Annual planning of physical inventory of materials and costing of products.
• Comply with Mexican and U.S. Government requirements.
• Responsible for approving cycle counts.
• Comply with marketing requirements for product costing.
• Carry out the control of audits of the process.
• Provide advice for plants at a commercial level.
• Participate in managed Gembas in the warehouse area.
• Perform financial analysis, present results and follow up on activities related to material variations.
• Annual change of parts and finished product standards.
• Annual Physical Inventory of materials, their costing and reconciliation with books.
• Maintenance of parts and finished product costing in the different systems.
• Costing of new products and/or model.

PROFESSIONAL EXPERIENCE/QUALIFICATIONS

• Ability to do tactical reporting, data mining, and critical analysis.
  • MS Office suite Power User (Excel, PowerPoint, Word, Teams)
• Good verbal and written communication skills.
• Analytics Skills.

Required Education / Experience / Skills:

• Bachelor's degree or equivalent related experience 5+ years. Accounting Certification Preferred (ex. CPA, ACA).
• Travel: No.
• Language: +70% Bilingual English and Spanish is required.

About Regal Rexnord

Regal Rexnord is a $6.5B 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.