Accountant II

Regal Rexnord; Pasig; Hybrid; PHP 420,000 - 660,000; Full time

Job summary

Regal Rexnord in the Philippines is seeking a Staff Accountant to support the monthly accounting close and consolidation in partnership with the broader accounting team.

You will work closely with Corporate and Segment Controllership and Finance teams across Treasury, Legal and HR. This is a full-time role with a hybrid work arrangement. The ideal candidate has 2–3 years of accounting experience, a solid understanding of US GAAP, and experience with Oracle ERP or Hyperion.

Qualifications

• Bachelor’s degree in Accounting.
• CPA or CPA equivalent preferred.
• 2-3 years of relevant accounting experience.
• Strong understanding and practical working knowledge of US GAAP.
• Consolidation experience at a large, multi-national company is strongly preferred.
• Experience with Oracle ERP system, Hyperion and/or OneStream is strongly preferred. Must have strong experience with Microsoft Excel, PowerPoint and Word.
• Public accounting and/or large US public company experience a plus.
• Manufacturing experience is a plus.
• Strong communication skills.
• Curious mindset that proactively seeks understanding and feedback.
• 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.

Responsibilities

• Support the monthly corporate close and consolidation process, including cash, prepaids, fixed assets, leases, accruals / reserves, debt, allocations, insurance, and equity
• Prepare certain journal entries, account reconciliations and financial statement analytics
• Drive continuous improvement and reduce cycle time in the monthly close process through the increased utilization of technology and tools, implementation of standard operating procedures and other efficiency measures
• Support internal control assessments and establish and maintain effective design and operating effectiveness of internal controls of assigned processes
• Implements processes and controls to ensure compliance with statutory regulations and Corporate accounting standards/policies.
• Provides SEC Reporting support as needed – rollforwards, support schedules
• Coordinate with and support external auditors for quarterly reviews and annual audit

Skills

US GAAP

Consolidation

Excel

Oracle ERP

Hyperion

OneStream

CPA preferred

Communication skills

Education

Bachelor’s degree in Accounting

CPA preferred

Tools

Oracle ERP

Hyperion

OneStream

Microsoft Excel

Microsoft PowerPoint

Microsoft Word

Job description

Position Summary:

Reporting to the Manager of Corporate Accounting, theStaffAccountant willsupport the monthly accounting close and consolidation process in partnership and collaboration with members of the broader accounting team and other stakeholders throughout the Company.This position willmaintainclose working relationships with Corporate and Segment Controllership and Finance teams and various other departments throughout the organization, including Treasury, Legal and HR. TheStaffAccountant is a full-time role.

This role will have a broad responsibility for the following areas:

• Consolidations and Intercompany Accounting– ownership of the final consolidation and intercompany elimination process, Hyperion loads, mapping,etc

• Treasury Accounting – debt and interest, hedging, cash reconciliations, dividends

• Corporate Accounting – Insurance allocationpushdowns, legal department accounting, Corporate HR related accounting items, etc.

• Holding Companies Accounting – accounting for tax related and purchase accounting entities

• US LedgerAccounting –shared accounting for certain activities of US and Mexico based businesses

Key Responsibilities

• Support the monthly corporate close and consolidation process, including cash, prepaids, fixed assets, leases, accruals / reserves, debt, allocations, insurance, and equity

• Prepare certain journal entries, accountreconciliationsand financial statement analytics

• Drive continuous improvement and reduce cycle time in the monthly close process through the increasedutilizationof technology and tools, implementation of standard operating procedures and other efficiency measures

• Support internal control assessments andestablishand maintain effective design and operating effectiveness of internal controls of assigned processes

• Implements processes and controls to ensure compliance with statutory regulations andCorporateaccounting standards/policies.

• Provides SEC Reporting support as needed –rollforwards, support schedules

• Coordinate with and support external auditors for quarterly reviews and annual audit

Professional Experience/Qualifications

• Bachelor’s degree in Accounting

• CPAor CPA equivalentpreferred

• 2-3years of relevantaccounting experience

• Strong understanding and practical working knowledge of US GAAP

• Consolidation experience at a large, multi-national company is strongly preferred

• Experience with Oracle ERP system, Hyperion and/or OneStream is strongly preferred. Must have strong experience with Microsoft Excel,Powerpointand Word.

• Publicaccounting and/or large US public company experience a plus

• Manufacturing experience is a plus

• Strong communicationskills

• Curious mindset that proactivelyseeksunderstanding and feedback

• Insightful ability toidentifytrends and themes for continuous improvement across the function

• Ability to overcome obstacles and achieveobjectives, 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.
  

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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.