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Senior Financial Analyst - FP&A

Regal Rexnord
Milwaukee, WI Full Time
POSTED ON 9/1/2023 CLOSED ON 9/6/2023

What are the responsibilities and job description for the Senior Financial Analyst - FP&A position at Regal Rexnord?

Position Summary:

Regal Rexnord is seeking a dynamic, self-motivated individual to help foster growth and drive efficiencies in our Financial Planning & Analysis (FP&A) function. This position supports our Shared Service FP&A team supporting our IPS and AMC operating segments and is based in downtown Milwaukee, WI at our newly renovated MCS Headquarters. As part of the Global FP&A team, reporting to the Finance Manager, Shared Service FP&A, this role will help drive process excellence and continuous improvement as well as support the monthly financial planning & analysis activities across Regal Rexnord's largest segments. The Finance organization is committed to developing future leaders and for the successful candidate, this position will lead to further progression within Finance to gain breadth of experience and exposure to the numerous facets of the IPS and AMC business's. Future opportunities are excellent throughout Regal Rexnord.

Major Responsibilities:

  • Leads monthly financial planning & analysis (FP&A) activities for the shared service functions
  • Analyzes results, researches variances to explain underlying causes and identifies trends. Holds management accountable for actions that help drive financial performance
  • Collaborates to identify tactical and strategic opportunities, gaps and financial risks through regular touch points with global business leaders
  • Leads cross functionally to drive continuous improvement initiatives and challenge the status quo to eliminate waste and improve FP&A process cycle times and improve quality
  • Facilitates monthly meetings on department spending and provides status updates to department heads.
  • Assists in explaining actual spending to management and develops forward looking forecasts for the department(s). Recommends corrective actions when spending deviates from plan
  • Supports Regal Rexnord's annual financial planning activities for the 1-year Budget and 3-year Strategic Plan

Essential Qualifications and Skills:

  • Bachelors or higher degree from an accredited institution required in Accounting, Business Finance, Economics or related field of study.
  • Five or more years of overall experience focused on financial analysis, decision support, and resource allocation required
  • Proficiency in Microsoft Office applications particularly Excel

Preferred Qualifications and Skills:

  • Experience with OneStream, HFM and/or SAP a plus
  • MBA or CPA, CMA, CFA, FPAC designation a plus

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 Corporation("Regal Rexnord") is a leading manufacturer of electric motors, electrical motion controls, power generation and mechanical power transmission products and sub-systems, serving customers around the world in the general industrial, consumer, commercial construction, food & beverage, and alternative energy end markets, among others. Regal Rexnord sells its products and solutions to OEMs, through distributors, and directly to end-users. Regal Rexnord is a $7.2B company with 36,000 associates globally.

You may not know it, but Regal Rexnord impacts your life every day. The company's products enable the fans in HVAC systems that keep us comfortable; the power source that keeps smart buildings running; the agricultural and food service equipment that keeps us fed; and the conveyer systems that keep e-commerce flowing, to name a few of the applications where our products are used.

Regal Rexnord's business purpose is to create a better tomorrow by energy-efficiently converting power into motion. This means creating innovative solutions while focusing on both customer needs and the company's commitment to sustainability. The company's industrial powertrain and automation solutions offerings are an important part of the company's growth strategy. The company's strategy includes leveraging 80/20 to prioritize all activities, including product excellence, operational excellence and commercial excellence (i) driving organic sales growth through the introduction of innovative new products, with a particular focus on improving energy efficiency, (ii) establishing and maintaining new customers, as well as developing new opportunities with existing customers, (iii) participating in higher growth end markets and geographies, and (iv) identifying and consummating strategic, value creating acquisitions.

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 race, color, religion, sex/gender, sexual orientation, gender identity, age, ancestry, national origin, 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.

Notification to Agencies : Please note that Regal Rexnord Corporation and its affiliates and subsidiaries ("Regal Rexnord") do 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.


About the Company:
Regal Rexnord



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