Senior Accountant (Arlington, TX)

regalrexnord; Arlington (TX); On-site; USD 85,000 - 110,000; Full time

Benefits offered by this job

Medical, Dental, Vision and Pharmacy

Spending accounts (HSA, FSA)

Paid Time Off and Holidays

401k Retirement Plan with Matching

Life and AD&D Insurance

Tuition Assistance

Job summary

Thomson Power Systems, a Regal Rexnord company in Arlington, TX, seeks a Senior Accountant to join the Plant Finance Department and partner with the Controller on daily and monthly reporting. This on-site role reports to the Controller and interacts with operations leadership.

You will oversee general ledger, payroll, inventories, cost analyses, and ERP upgrades, driving GAAP compliance and continuous process improvements with operations leadership across the plant.

Qualifications

• Minimum bachelor's degree in accounting or a finance field required.
• Minimum 4 years' experience in operational accounting required, preferably in a manufacturing environment.
• Strong analytical capabilities.
• Excellent communications skills.
• Fluent in using SAP/MRP software packages.
• Proficient with Excel, Word, PowerPoint, Outlook and Access.
• Experience with Power BI.

Responsibilities

• Maintain general ledger and financial reporting.
• Maintain payroll and attendance files.
• Develop annual plan schedules and overhead rates.
• Coordinate, conduct, and analyze physical inventories.
• Develop and implement new systems and system improvements.
• Analyze product costs and variances from budget/forecasts.
• Process bills of material analysis and review.
• Review and input scrap into system.
• Prepare and analyze key daily/weekly/monthly reports and dashboards.
• Prepare monthly closing journals, reconciliations, and supplemental data.
• Support monthly close with balance sheet and income statement analysis.
• Perform monthly variance analysis of financial results.
• Calculate daily/monthly overtime revenue recognition and adjust POC%.
• Provide KPI data to operations for accuracy and timeliness.
• Ensure capital projects are closed and tracked properly.
• Prepare Percentage-of-Completion reports for projects.
• Review invoices through the invoicing system.
• Oversee cycle counting and physical inventory controls.
• Assist Controller in forecast and budgeting processes.
• Verify data and investigate irregularities.
• Drive continuous improvement in financial reporting.
• Provide data to auditors as needed.
• Provide backup for Controller in standard reporting and analysis.

Skills

Analytical thinking

Communication

MRP / SAP

Excel

Power BI

Microsoft Office

Education

Bachelor's degree in accounting or finance

Tools

SAP ERP

MRP System

Power BI

Job description

Work Model: This is a fully onsite role, with work performed at your designated Regal Rexnord office.

Thomson Power Systems , a Regal Rexnord company, has been at the forefront of electrical power solutions for over 50 years. We design and manufacture critical products, from Switchgear and Automatic Transfer Switches to Power Distribution Units, that keep businesses, homes, and essential infrastructure running when it matters most. Our solutions power Commercial, Industrial, Residential, and Critical Power environments, where reliability isn't optional-it's mission‑critical. At Thomson, you'll be part of a team that delivers dependable performance, drives innovation, and makes a real‑world impact every day.

Summary

The Senior Accountant will be an important member of the new Arlington Plant Finance Department and will be a key partner to the Controller in the daily activities in the department, with analyzing and providing key reporting to the plant management team. This position is highly interactive with operations leadership as well as Corporate Finance. This is an on-site position reporting to the Controller.

Position Description

Responsible for the general ledger and all accompanying journal entries, financial statements, monthly reporting, reconciliations, and maintenance of files. Files tax reports and reconciles information relating to the filings. Responsible for inventory costing, actual cost analysis, analysis of variances from budget/forecasts, physical inventory execution, costing, and analysis. Responsible for development and implementation of improvements to existing systems, including the implementation of new versions of the ERP software, attendance reporting, and payroll processing techniques. Responsible for all local payroll and attendance reporting requirements, maintenance of related files, and recording of shop scrap information. Assist the Controller in product line review, ER review, and development of departmental budgets and overhead rates.

Principal duties / Responsibilities

• Maintain general ledger and financial reporting
• Maintain payroll and attendance files
• Develop annual plan schedules & overhead rates
• Coordinate, conduct, and analyze physical inventories
• Develop & implement new systems and system improvements
• Analyze product costs and variances from budget/forecasts.
• Process and bill of material analysis and review
• Review and input scrap into system
• Independently prepare and analyze key daily, weekly, and monthly reports/dashboards
• Prepare and review certain monthly closing journals, reconciliations, and supplemental data
• Supports the monthly close process, including the preparation and review of key reports utilized in balance sheet and income statement analysis.
• Complete monthly variance analysis of Financial results to determine accuracy, incorrect costs and required correcting JE's.
• Complete daily/monthly over-time revenue recognition calculations and adjust POC% as appropriate.
• Provide support for local operations teams related to monthly and weekly KPI tracking, ensuring data accuracy and timeliness
• Ensure Capital projects are closed and tracked properly
• Prepare Percentage-of-Completion report for certain projects
• Review and approve invoices through the automated invoicing system
• Oversee, with support from plant controller, cycle counting activities and physical inventory control per company standards
• Assist Controller in forecast and budgeting processes
• Verifies financial data and identifies and investigates irregularities.
• Utilize continuous improvement skills to drive improvements in financial reporting.
• Provides data as requested to internal and external auditors for the plant finance department.
• Provides back up for the Controller in standard reporting and analysis responsibilities.
• Performs tasks in accordance with Generally Accepted Accounting Principles (GAAP).

Qualifications

• Minimum bachelor's degree in accounting or a finance field required.
• Minimum 4 years' experience in operational accounting required, preferably in a manufacturing environment.
• Strong analytical capabilities
• Excellent communications skills
• Fluent in computer use of MRP or SAP software packages.
• Fluent using Microsoft Excel, Word, PowerPoint, Outlook and Access.
• Experience with using Power BI

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