Accounting & Finance Summer Internship

Regal Rexnord; Milwaukee (WI); Hybrid; USD 26,000 - 36,000; Part time

Job summary

Regal Rexnord's Finance & Accounting internship program provides a diverse, real-world experience across accounting and finance roles. Interns will be placed in one of the finance teams and gain exposure to senior leaders and key financial processes.

During the ~11-week program, interns will perform monthly journal entries, balance sheet reconciliations, forecasts, variance analyses, and project work to streamline processes using best practices.

Qualifications

• Pursuing a bachelor’s degree in accounting or finance.
• Interest in learning a broad set of finance roles.
• Strong analytical and numerical abilities.

Responsibilities

• Assist with monthly journal entries and general ledger accuracy.
• Perform balance sheet reconciliations and variance analysis.
• Support monthly forecasts and related deliverables for Sr. Leadership.
• Learn and assist across FP&A, internal controls, and treasury topics.

Skills

Accounting

Financial analysis

ERP systems

Education

Pursuing degree in accounting

Tools

OneStream

Blackline

ERP systems

Job description

Work Model: 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.

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Program Duration

June 2, 2027 – August 13, 2027 (~11 weeks)

Potential Locations

• Milwaukee, WI (HQ)
• Rosemont, IL
• Downers Grove, IL
• Fort Wayne, IN
• West Chester, PA
• Radford, VA

Position Overview

At Regal Rexnord, we are committed to investing in our associates as we understand that a company is successful when its associates are successful. The goal of our Finance & Accounting internship program is to provide candidates with a diverse, real-world experience in various accounting and finance roles and to develop future leaders in our organization.

Interns will be assigned a role in one of the Finance teams in our organization, which may include Corporate Accounting & Consolidations, Segment Accounting, Business Unit Accounting (working in one of our manufacturing plants), Controls & Compliance, Financial Systems, Accounting Policy & External Financial Reporting, FP&A, Internal Audit, Tax, & Treasury. Interns will directly report to the leader of one those teams and have visibility and exposure to key Finance Leadership, including the Senior VP and Chief Accounting Officer, VP of Internal Audit Segment CFOs, VP of Tax, VP of Corporate FP&A, Segment Controllers, Treasury Senior Director, among others. Interns will be provided technical, soft-skill and on-the-job training.

Candidates that advance in our internship program may be offered full-time roles in a 2-year rotational program that will provide them the full spectrum of accounting experience in a $6 billion publicly-traded diversified global manufacturing company. At the end of the 2-year rotational program, candidates will be placed in permanent role in one of the rotational program teams.

What You’ll Do And Learn

All interns will participate in a group and individual intern project and present learnings and achievements to Sr. Finance Leadership at the conclusion of those projects. In addition, interns will be assigned day-to-day responsibilities, which will be role-dependent, but may include:

• Preparing monthly journal entries, reviewing general ledger for accuracy and proper recording of transactions
• Performing required monthly balance sheet reconciliations, researching and resolving variances
• Assisting with preparation of monthly forecasts and related deliverables utilized by Sr. Leadership
• Performing trend and other analysis for key performance metrics, such as orders sales, gross profit margin, EBITDA and working capital metrics, and presenting findings and insights to Sr. Leadership
• Participating in balance sheet reviews and/or internal audits for entities across the organization
• Assisting entities with remediating audit findings/deficiencies
• Assisting with the preparation of the financial statements, footnotes and schedules included in the Company’s Form 10‑Q and earnings release
• Preparing monthly and quarterly balance sheet and income statement analytics
• Assisting in the preparation of tax returns and other income and non‑income tax related deliverables
• Performing cash position and other treasury‑related analysis
• Learning how to navigate and leverage the Company’s various financial systems, including OneStream, Blackline, Audit Board, G‑Treasury and various ERP systems
• Assisting with data requests from various stakeholders, including FP&A, treasury, internal and external audit
• Providing data as requested to internal and external auditors for the segment
• Participating in projects to streamline and improve current financial processes using 80/20 and other continuous improvement principles