Manager II, Accounting

API Delevan, Inc.; Milwaukee (WI); Hybrid; USD 110,000 - 140,000; Full time

Benefits offered by this job

Medical, Dental, Vision

HSA/FSA

401(k) Matching

Paid Time Off

Tuition Assistance

Job summary

Regal Rexnord in Milwaukee region seeks a Manager of Accounting to lead a two‑person PES team and partner with Segment and BU finance leaders. The role focuses on inventory, cost accounting, standard costing, and margin improvement while driving month‑end processes, controls, and cross‑functional collaboration.

You will mentor staff, engage in data analytics, and support external audits. Hybrid workModel with onsite/remote flexibility, reporting to the PES Controller.

Qualifications

• Bachelor’s degree in Finance or Accounting required; CPA preferred.
• Minimum 5 years of progressive finance/accounting experience, preferably 2+ years in manufacturing.
• Finance business partner with cross‑functional collaboration across a global org.
• Familiar with GL, Invoicing, AR/AP, Purchasing, and Inventory accounting; ERP skills a plus.

Responsibilities

• Collaborates with the PES Controller to provide financial support to the PES segment.
• Leads month‑end close, reserves, accruals, and inventory/OB allowances.
• Reviews journal entries and reconciliations for accuracy and traceability.
• Drives root cause analysis and supports audits with data requests.
• Mentors PES accounting team and partners with IT to streamline processes.
• Supports transfer pricing, standard costing, and internal controls compliance.

Skills

Financial analysis

Team leadership

Business partnering

Excel

Education

Bachelor’s degree in Finance or Accounting

CPA preferred

Tools

Oracle

SAP

Hyperion

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.

Scope of Leadership Role

This Manager, Accounting role is an important member and leader of the Segment Accounting and Controlling team providing financial oversight, accounting guidance, and analytical support to the Power Efficiency Solutions (PES) segment. This role will manage a team of two individuals focused on leading accounting, analysis, and controls related to inventory, obsolescence, standard costing, manufacturing plant support, sourcing, and new product execution. We are looking for someone who can: build strong relationships within the organization; build a strong team and engage at all levels in the organization; take advantage of data & analytics to provide business insight and decision support; drive improvements, efficiencies, and harmonization in monthly processes; interpret technical accounting on a variety of routine and non-routine matters; and maintain compliance with accounting controls and policies. The role requires a “hands on” person who is detail oriented and results driven. The Manager, Accounting will report directly to the PES Controller and will serve as a key liaison and business partner with the Segment CFO, Business Unit Finance Leaders, Plant Controllers, Corporate Accounting and Compliance, and PES cross‑functional teams.

Key Responsibilities

• Collaborates with the PES Controller in providing comprehensive financial support to the PES global segment and business functions.
• Leads month end close and manages reserve calculations, accruals, and reporting related to inventory, including excess and obsolete inventory reserves, lower of cost or net realizable value reserves, freight and tariff accounting, capital investments, and other areas as assigned.
• Responsible for reviewing capitalized variance accounting related to material, freight, and tariff variances.
• Reviews monthly journal entries and account reconciliations for accuracy and proper recording of transactions.
• Researches and explains performance variances.
• Works closely with manufacturing plants and supply management to help root cause and drive resolution to ad hoc inventory, costing, and margin questions.
• Oversees standard costing of new parts, annual cost roll, and transfer pricing for specified intercompany partners, suppliers, and shared distribution centers.
• Proactively supports internal controls and compliance matters to ensure company processes, controls, and accounting policies are understood and followed.
• Acts as a key business partner between Segment, Business Units, and Corporate Accounting team to drive communication around accounting items, explain trends in the business, help minimize surprises during month ends, and improve accuracy of financial reporting.
• Coordinates and supports internal and external auditors with data requests during quarterly and annual audits.
• Partners with IT and other functions to streamline current finance processes and create new processes for key business initiatives.
• Supports enhancements to Oracle ERP system as needed, including some testing and training.
• Manages, develops, and provides appropriate coaching and support for PES accounting team.

Professional Experience & Qualifications

• Bachelor’s degree in Finance or Accounting required; CPA preferred.
• Minimum 5 years of relevant and progressive finance/accounting experience, preferably 2+ years in the manufacturing sector.
• Proven experience as a finance business partner and in developing collaborative relationships across all levels and functions within a global organization.
• Must be familiar with General Ledger, Invoicing, Accounts Receivable, Accounts Payable, Purchasing, and Inventory accounting and business processes.
• Strong working knowledge of ERP systems; experience with Oracle, SAP, Hyperion, and/or OneStream is a plus.
• High level of proficiency with Microsoft Excel and PowerPoint.
• Has a mindset of continuous improvement and can embrace Regal Rexnord’s 80/20 principles.
• Proven ability to take initiative, be hands‑on, investigate complex processes, and develop and execute innovative solutions to drive accurate results.
• Leverages analytical skills to effectively organize and translate data into insights for decision making.
• Can tolerate ambiguity, adapt to new situations and changes in direction, and devise ways to overcome obstacles to achieve finance and business objectives.
• Can manage multiple tasks simultaneously, prioritize and direct work to meet deadlines with a sense of urgency.
• Commitment to coaching and mentoring staff to enhance proficiency, competencies, and long‑term development of the team.
• Ability to create a work environment with high standards of performance but where team members feel engaged and supported.

Work Location

Hybrid in Milwaukee area.

Travel

5%

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; 401(k) Retirement Plan with Matching Employer Contributions; Life and Accidental Death & Dismemberment (AD&D) Insurance; Paid Leaves; Tuition Assistance.

Equal Employment Opportunity Statement

Regal Rexnord is an Equal Opportunity and Affidavit 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]. 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 [e-mail]. Regal Rexnord does 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.