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