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Director, Controller Region

Company: Regal Beloit America, Inc.
Location: Fort Wayne
Posted on: May 27, 2023

Job Description:

Director, Controller Region page is loaded Director, Controller Region Apply locations Fort Wayne Indiana time type Full time posted on Posted 2 Days Ago job requisition id R23_02374 Position Summary:The Global Segment Controller (Director Accounting & Compliance) provides leadership, oversight, guidance, and direction to the accounting & compliance team within the global Climate Business Unit part of Regal Rexnord's Power Efficiency Solutions business group ($2.2B). They will manage and focus on leading and managing accounting, compliance, SOX, Audits, and methods within the corporate guidelines & policies and regulatory requirements of the business unit globally.Major Responsibilities:

  • Guides financial decisions by establishing, monitoring, and enforcing policies & procedures. Protects assets by establishing, monitoring, and enforcing internal controls. Monitors and confirms financial condition by conducting audits; providing information to auditors.
  • Ensures application and compliance with Regal accounting policies and procedures, US GAAP, IFRS accounting and compliance rules and laws.
  • Implements, applies, and standardizes Regal SOX and internal controls, and monitors success to minimize risk.
  • Directly manages and develops the global Industrial accounting teams, by driving, leading, and directly participating in the close process to ensure timely and accurate reporting. Completes all accounting activities, tasks and procedures needed at the Global BU level. This includes: BU level JE's and key accounting schedule schedules.
  • Develops and implements continuous process improvements in the accounting and compliance processes of Regal.
  • Manages general accounting function(s) and develops all local teams responsible for the preparation of reports and statistics, reflecting earnings, profits, cash balances, and other financial results for the business unit/group.
  • Owns, manages and maintains standard application of accounting schedules, compliance of Regal accounting policies and of SOX compliance.
  • Routinely and proactively conducts detail balance sheet reviews (minimize surprises). Reports on root causes, remediation plans, and updated status'. Drives all finding and/or process improvement opportunities to timely closures.
  • Routinely and proactively conducts detail SOX Benchmark Controls reviews (minimize surprises). Reports on root causes, remediation plans, and updated status'. Drives all finding and/or process improvement opportunities to timely closures.
  • Develops processes and controls to ensure compliance with statutory regulations and Corporate accounting standards/policies.
  • Proactively insures completion of all other compliance requirements, e.g. governmental surveys.
  • Drives consistency and continuous improvements in processes, tools, formats, and templates to mitigate risk.
  • Partners with strategic BU leaders and BU Finance Leadership, to develop, maintain, manage, and standardize each Business Units accounting & compliance practices.
  • Leads and manages the implementation of changes and of: new accounting & compliance practices, policies & accounting rules, & compliance laws. Assumes the role of the SME for the global Industrial System Segment on all accounting & compliance practices.
  • Maintain, develop and manage consistent SOP's across the Industrial Systems Segment.
  • Manage and drive completion of all internal and external audits (eliminate surprises). Reports on root causes, remediation plans, and updated status'. Drives all finding and/or process improvement opportunities to timely closures.
  • Maintains professional and technical knowledge by attending educational workshops; reviewing professional publications; establishing personal networks; participating in professional societies.
  • Protects operations by keeping financial information and plans confidential.
  • Contributes to team efforts of the global Segment by accomplishing related results as needed.Required Education / Experience / Skills:
    • Bachelor's degree in Accounting or Finance; advanced degree preferred
    • 8+ years experience minimum in Industrial or Global Manufacturing Organization
    • Accounting Certification Preferred (ex. CPA, ACA)
    • Public accounting firm 2+ years experience preferredLanguage: English required. Spanish and/or Chinese a plus.Travel: The Power Efficiency Solutions segment is a Global Business and has locations across the globe. Frequent travel to the locations is expected. Estimated 10-15% per month.
      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. With the announcement of the acquisition of Altra Industrial Motion, a -$2B global business with 9,000 associates, focused on Power Transmission and Factory Automation products, Regal Rexnord will become a $7.3B 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.

      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. 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. About Us At Regal Rexnord, our business purpose is to create a better tomorrow by energy-efficiently converting power into motion. As a leading producer of motors and related components, our essential products -help keep systems running in mission-critical applications worldwide - indoor air quality products used in hospitals, homes, and senior living facilities; industrial products that support food and beverage, and pharmaceutical production; and conveying equipment and components that help warehouses function. What To Expect From Us
      A zero tolerance policy on unethical behavior. We value integrity most. We are honest, transparent, and trustworthy in all situations.

      We have a responsibility to safety, sustainability, and our community.

      Diversity, Engagement & Inclusion
      We strongly believe that the more diverse minds focused on our purpose, the better the outcomes will be. We create an environment where all of associates can bring their best to Regal, develop and grow professionally, and work as one team to drive success for our customers, associates, and shareholders.

      Customer Success
      Our customer is our main priority. We must understand their needs and develop products, solutions and services that solve their challenges.

      Innovation with Purpose
      Through innovation we develop products and solutions that solve our customer's problems. We innovate to develop products that are valued by our customer and bring profitable growth for Regal.

      Continuous Improvement
      Our responsibility is to make tomorrow better than today. This means a focus on making the work easier, more productive, and more efficient.

      We have a responsibility to all three of our primary stakeholders (customers, associates and shareholders) to drive profitable revenue growth.

      Passion to Win
      Passion is the fuel that inspires and drives our associates to achieve top performance. It helps us to overcome any obstacles in achieving our goals.

      ---.with a Sense of Urgency
      Everything we do at Regal, we do with a sense of urgency. Introduce Yourself Not finding the right fit? Let us know you're interested in a future opportunity by clicking -Get Started below or create an account by clicking 'Sign In' at the top of the page to set up email alerts as new job postings become available that meet your interest!

Keywords: Regal Beloit America, Inc., Fort Wayne , Director, Controller Region, Executive , Fort Wayne, Indiana

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