Manager II, FP&A

regalrexnord; Rosemont (IL); Hybrid; USD 120,000 - 150,000; Full time

Benefits offered by this job

Medical, Dental, Vision

401k with Employer Match

HSA / FSA

Paid Time Off & Holidays

Life & AD&D Insurance

Tuition Assistance

Job summary

Regal Rexnord is seeking a Corporate Finance Manager, FP&A to lead budgeting, forecasting and financial analysis of the income statement and working capital. Based in Rosemont, IL, this hybrid role reports to the Senior Corporate Finance Manager, FP&A and offers exposure to a global manufacturer with ample growth opportunities.

The successful candidate will oversee monthly forecasts, KPI scorecards, and support earnings releases, working with Corporate Finance and segment leaders to drive

Qualifications

• Bachelor's degree in Accounting, Business, or Finance.
• 7-10+ years of progressive accounting/finance experience; manufacturing experience and FP&A experience required.
• CPA and/or MBA preferred.
• Advanced experience with Hyperion and/or OneStream.
• Self-starter with strong results orientation and ability to learn.

Responsibilities

• Weekly monitoring of Orders, Sales, Profit, Working Capital and Cash against targets.
• Consolidate and roll up monthly forecasts for the 3 operating segments and Corporate.
• Publish Monthly Financial Reporting Scorecard.
• Support prep for quarterly Earnings Releases and Board meetings.
• Participate in 3-year strategic planning and annual operating planning (AOP).
• Prepare ad-hoc financial analysis to aid management decisions.
• Drive planning, budgeting, forecasting and managerial reporting improvements.
• Coach and develop a Senior Financial Analyst.

Skills

Excellent interpersonal skills

Communication & presentation

Multi-tasking

Team player

Self-starter

Education

Bachelor's degree in Accounting/Finance

MBA or CPA preferred

Tools

Hyperion

OneStream

Microsoft Excel

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 Overview

The Corporate Finance Manager, FP&A will be responsible for supporting and driving financial activities pertaining to budgeting, forecasting and financial analysis of the Income Statement and Working Capital for Regal Rexnord Corporation, a $6B publicly traded global manufacturer. The Finance Manager position allows for excellent exposure and growth within the organization. This position will report to the Senior Corporate Finance Manager, FP&A and will be based out of our Rosemont, Illinois office.

Key Responsibilities

• Weekly monitoring of Orders, Sales, Profit, Working Capital and Cash against targets


• Examine, analyze and interpret financial data to determine trends and gaps within the results


• Consolidate and roll up monthly forecasts for the 3 operating segments and Corporate


• Publish Monthly Financial Reporting Scorecard


• Support prep for the quarterly Earnings Releases and Board of Director meetings


• Participate in the annual 3-year strategic planning and annual operating planning (AOP) processes including establishing assumptions, spreadsheet modeling, consolidation, analysis and presentation preparation


• Prepare ad-hoc financial analysis to assist in management decisions


• Drive process improvements in planning, budgeting, forecasting and managerial reporting


• Coach and develop a Senior Financial Analyst


• Build successful partnerships with Corporate Finance and Segment FP&A leaders


• Perform other related duties and involvement in special projects when required


• Attend training, seminars and workshops as deemed necessary

Required Skills & Qualifications

• Bachelor's degree, preferably in Accounting, Business, or Finance


• 7-10+ years of progressive accounting/finance experience; manufacturing experience and previous FP&A experience is a required


• CPA and/or MBA preferred


• Advance experience with Hyperion and/or OneStream


• Self-starter, strong desire of getting results and willingness to learn


• Able to multi-task while being detail-oriented


• Manage multiple projects and meet deadlines under pressure


• Excellent interpersonal and communication/presentation skills


• Must be a team player and willing to step in and help out on projects when necessary


• Advance proficiency in Microsoft Office products (Excel, Word, Power Point, etc.)

Preferred Skills & Qualifications

• Master's Degree in Accounting or MBA preferred


• CPA preferred

Expected Base Salary Range

$120,000-$150,000

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 Authorization

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 affirmative action employer. All qualified applicants will receive consideration for employment without regard to r

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