Accountant II

Regal Rexnord Corporation; Milwaukee (WI); Hybrid; USD 65,000 - 95,000; Full time

Benefits offered by this job

Medical, Dental, Vision coverage

401k with company match

Paid time off & holidays

Tuition assistance

Job summary

Regal Rexnord Corporation is seeking an Accountant II to join the IPS Segment Accounting team. This role will prepare monthly/quarterly journal entries, perform balance sheet reconciliations, and support intercompany activities across multiple entities.

The position offers exposure to corporate and local accounting, with opportunities to grow into additional responsibilities while working in a hybrid model. Strong analytical skills and collaboration across teams are essential.

Qualifications

• Bachelor's degree in Accounting or Finance; advanced degree or CPA preferred.
• 2-5 years of relevant accounting experience.
• Experience in a manufacturing environment preferred.
• Experience with SAP and/or OneStream a plus.

Responsibilities

• Prepare and post monthly and quarterly journal entries, including review of the general ledger for accuracy and proper recording of transactions.
• Support intercompany accounting activities, including intercompany balancing and invoicing of intercompany billings.
• Perform timely balance sheet reconciliations and reviews; investigate and resolve variances.
• Support inventory accounting activities, including standard costing, annual cost updates, book-to-perpetual reconciliations, Excess & Obsolete inventory analysis, cycle counts, and physical inventory counts.
• Support cash application activities, including researching unapplied or misapplied cash, and coordinating with AR/AP and local teams to resolve discrepancies.
• Partner with corporate accounting and local entity accounting teams to resolve accounting issues and ensure accurate financial reporting across multiple entities.
• Provide accounting and data support to the Operational Management and FP&A teams, as needed.
• Assist with internal and external audit requests by providing supporting documentation and analysis.
• Perform all tasks in accordance with GAAP, corporate accounting policies, and statutory requirements.
• Support continuous improvement initiatives by identifying opportunities to enhance accounting processes, controls, and close efficiency.
• Help develop and maintain accounting processes and controls to ensure compliance with corporate standards and regulatory requirements.
• Protect confidential financial information and contribute to the overall objectives of the IPS segment through collaboration and teamwork.

Skills

Analytical skills

Attention to detail

Collaboration

Education

Bachelor's degree in Accounting or Finance

Advanced degree or CPA preferred

Tools

SAP

OneStream

Job description

Work Model

You'll work in a hybrid model, onsite at your designated Regal Rexnord location at least 3 days per week (Monday-Thursday), with flexibility to work remotely up to 2 days, including Friday.

Position Summary

The Accountant II position is part of the IPS Segment Accounting team reporting to the Accounting Manager. This role supports centralized accounting activities on behalf of multiple legal entities, working closely with both corporate and local accounting teams. Responsibilities include preparing monthly and quarterly journal entries, balance sheet reconciliations, intercompany accounting and billings, cash application and supporting ad hoc projects. This position offers strong exposure to the business and opportunities to grow into additional responsibilities over time.

Major Responsibilities

• Prepare and post monthly and quarterly journal entries, including review of the general ledger for accuracy and proper recording of transactions.
• Support intercompany accounting activities, including intercompany balancing and invoicing of intercompany billings.
• Perform timely balance sheet reconciliations and reviews; investigate and resolve variances.
• Support inventory accounting activities, including standard costing, annual cost updates, book-to-perpetual reconciliations, Excess & Obsolete inventory analysis, Lower of Cost or Net Realizable Value assessments, cycle counts, and physical inventory counts.
• Support cash application activities, including researching unapplied or misapplied cash, and coordinating with AR/AP and local teams to resolve discrepancies.
• Partner with corporate accounting and local entity accounting teams to resolve accounting issues and ensure accurate financial reporting across multiple entities.
• Provide accounting and data support to the Operational Management and FP&A teams, as needed.
• Assist with internal and external audit requests by providing supporting documentation and analysis.
• Perform all tasks in accordance with Generally Accepted Accounting Principles (GAAP), corporate accounting policies, and statutory requirements.
• Support continuous improvement initiatives by identifying opportunities to enhance accounting processes, controls, and close efficiency.
• Help develop and maintain accounting processes and controls to ensure compliance with corporate standards and regulatory requirements.
• Protect confidential financial information and contribute to the overall objectives of the IPS segment through collaboration and teamwork.

Required Education / Experience / Skills

Bachelor's degree in Accounting or Finance (advanced degree or CPA preferred). 2-5 years of relevant accounting experience.

Preferred Skills and Qualifications

• Experience in a manufacturing environment preferred.
• Experience with SAP and/or OneStream a plus.
• Strong analytical skills, attention to detail, and the ability to collaborate effectively across teams.

Work Type: Hybrid

This role is eligible for a Hybrid Work Schedule, which requires working a minimum of 3 days per week from your designated Regal Rexnord office and allows up to 2 remote workdays.

Travel

RRX is a Global Business. Some travel to locations may be required. Estimated travel is less than 10%.

Language

English

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 . 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 .

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.