Finance Analyst

Regal Rexnord Corp; Radford (VA); On-site; USD 65,000 - 85,000; Full time

Benefits offered by this job

Medical, Dental, Vision coverage

401k with matching

Paid Time Off

Tuition Assistance

Job summary

Regal Rexnord is seeking a Finance Business Partner/FP&A professional to lead actual vs. forecast P&L analysis, forecast development, and monthly reports in the Radford, VA area. You will partner with senior leaders to drive actionable insights, automate reporting, and improve financial planning processes.

This onsite role offers growth in a global, profitable organization. You will support and develop business reporting for key managers, contribute to budgeting, and work with tools like

Qualifications

• Bachelor's degree in Accounting or Finance.
• Three years of experience in finance or accounting.
• Strong to advanced Microsoft Excel skills.
• Strong planning, organization, time management, and project management skills.
• Strong presentation, written, and oral communication skills.
• Self-starter and team player with the ability to prioritize multiple workstreams.

Responsibilities

• Prepare annual budget and monthly financial/operating review packages with insights for leadership.
• Provide strategic/business support to operational areas for decision making.
• Develop clear forecasts and plans with ownership from business leaders.
• Analyze P&L variations and communicate risks and opportunities to the plan.
• Drive process improvements and streamline reporting tools.

Skills

Excel skills

Planning

Organization

Time management

Communication

Presentation

Interacting with senior mgmt

Problem solving

Cross-functional collaboration

Analytical thinking

Education

Bachelor's degree in Accounting or Finance

Tools

Hyperion

Cognos

Excel

Oracle

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.

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Position Overview

In this highly visible role, with excellent potential for advancement, you will be a key leader on the Kollmorgen North America finance team. This role will play a pivotal role in developing analytical tools and metrics to facilitate decision making. Based out of Radford, VA, you will interact on a frequent basis with senior management. You will be supporting and driving action plans to improve processes, automate/streamline functional reporting (using tools such as Hyperion, Cognos & Excel).

This position is responsible for actual vs. forecast P&L variance analysis (weekly & monthly), full year P&L and statistic forecasting (each month) as well as other ad hoc analysis & special projects. We are looking for the successful applicant to support and develop business reporting and accountability for key managers in the business. A superior candidate will also have a strong background in accounting such that they can provide support and insight to the Controller. The position reports to the FP&A Manager, North America.

As a strong team player, the owner of this role brings business acumen, a passion for operational excellence, great attention to detail and a proven ability to work with senior leadership across a worldwide organization. Join a global, growing, and profitable company and take the next step in your career!

Key Responsibilities

Along with those identified below, other duties may be assigned.

• Prepare annual budget and monthly financial and operating review packages for General Manager, Director of Finance and Business Unit Leadership team providing insights into Company's financial results and key reporting metrics.
• Provide strategic / business support to key operational and functional areas to support business decision making.
• Develop clear, actionable forecasts and plans for the business while creating ownership and accountability from the business leaders.
• Analyze financial results for P&L optimization and communicate risks and opportunities to the financial plan and forecast.
• Analyze variations from forecasts and prior periods to provide accurate explanations for variances and support organizational managers in determining countermeasures and drive corrective actions.
• Engage in regular dialogue with organizational counterparts to gain an understanding of issues/priorities and increase Kollmorgen visibility to performance.
• Create, track and evaluate key business performance indicators.
• Develop supporting analysis and reporting that will improve management's ability to evaluate key assumptions, trends and changes.
• Identify areas to improve the effectiveness of our financial planning activities and strive to streamline processes and improve tools.
• Recommend process improvements to continuously improve accounting accuracy and timeliness.
• Interface with the Controllership side of Finance in support of general financial reporting requirements.
• Assist in communicating and monitoring compliance with financial policies.
• Timely and accurate delivery of financial results - plans, forecasts and actual results.

Required Skills & Qualifications

• Bachelor's degree in Accounting or Finance.
• Minimum of three years of experience in finance or accounting.
• Strong to advanced Microsoft Excel skills.
• Strong planning, organization, time management, and project management skills.
• Strong presentation, written, and oral communication skills.
• Self-starter and proven team player with the ability to prioritize multiple workstreams and problems simultaneously.
• Ability to work effectively in a high-energy, rapidly changing, and demanding environment.
• Ability to interact effectively with senior management and plant operations managers.
• High sense of urgency, integrity, and ethics.
• Results-oriented and detail-oriented, with strong analytical and process improvement skills.
• Continuous improvement mindset and the ability to facilitate teamwork.

Preferred Skills & Qualifications

• Proficiency with Hyperion Financial Reporting System and/or Oracle a plus.
• Experience with Financial Planning and Analysis strongly preferred.
• Proficiency in all other Microsoft Office applications preferred (Word, PowerPoint, and Access).

Expected Base Salary Range: $65,000- $85,000+

The salary range provided is intended to display the value of the company's base pay compensation for this position. Salary is dependent on a multitude of factors, including but not limited to the physical worksite location, the geographic market of that location, candidate's skill set, level of experience, education and internal peer compensation comparisons among other potential factors.

Work Type: Onsite

This role follows an Onsite Work Schedule and requires working from the designated Regal Rexnord office in Radford, Virginia, on a full-time basis.

Export Controlled ITAR/EAR Compliance

Restrictions imposed by federal export control laws may limit this job opportunity to candidates who are a 'U.S. Person', which includes U.S. citizens, U.S. nationals, U.S. permanent residents, individuals granted asylum in the United States, and refugees in the United States, or who otherwise can qualify for a license that permits them to hold the position.

Sponsorship

Candidates must be eligible to work in the United States without requiring company sponsorship to obtain or keep U.S. work authorization

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 Aff positive 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 [e-mail] 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 [e-mail].