Finance Manager at Regal Beloit

Posted in General Business 30+ days ago.

Type: Full-Time
Location: wausau, Wisconsin

Job Description:

Regal Beloit Corporation (RBC) is a $3B publicly traded global manufacturer of electric motors and controls, electrical components and power transmission products serving customers around the world in the general industrial, consumer, commercial construction, food & beverage, and alternative energy end markets, among others. Regal sells its products and solutions to OEMs, through distributors, and directly to end-users. At the end of fiscal 2020, the Company employed approximately 20,000 employees worldwide and has significant operations in the US, Mexico, Europe, China, India and Thailand. Regal was founded in 1955 and is headquartered in Beloit, Wisconsin. Regal's executive satellite office is located in Rosemont, IL.

Our mission: We create a better tomorrow by energy-efficiently converting power into motion!

Regal's efforts on this front take many forms, but in particular, involve working regularly to make our products more energy efficient, and collaborating with our customers to make their own, typically end-use applications more environmentally-friendly, while also striving to reduce the environmental impact of producing and distributing our Regal products and services.Regal 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 is committed to a diverse and inclusive workforce. Position Summary:

The Wausau plant Finance Manager performs a variety of financial activities including budgeting, forecasting, managing financial risk, performing research and analysis, preparing reports and participating in the monthly close processes.

Major Responsibilities:

  • Provides advanced financial support through experience and consistently demonstrated knowledge in preparing, reviewing, explaining and communicating financial data to management.
  • Maintains and compiles data for the preparation of operating reviews.
  • Responsible for an accurate and timely month end close and related internal controls.
  • Partners with business or process managers and makes recommendations to continuously improve strategies and drive business results.
  • Prepares and consolidates business plans, annual operating plan and all additional periodic forecasts requested by business leaders.
  • Works with business to develop capital plan and coordinate related fixed asset activity.
  • Analyze and monitor key performance metrics to ensure achievement of annual operation plan and optimization of financial results.
  • Leads direct reports in regular cost accounting activities as well as annual standard cost update.
  • Implements processes and controls to ensure compliance with statutory regulations and corporate accounting standards/policies.
  • Leads projects in targeted improvement areas.

  • Required Education / Experience / Skills:

  • Bachelor's degree in Accounting or Finance; advanced degree or certification preferred.
  • At least 5 years of experience; preferably in manufacturing organization.
  • High level of proficiency in Microsoft Office; Hyperion and ERP system (preferably Oracle) preferred.
  • Capable of analyzing complex and abstract data and reaching conclusions without continued guidance or direction from others.
  • Self-starter and able to meet duties and responsibilities with minimum supervision.
  • Excellent written and verbal communication skills
  • Language: English required.

    Travel: Estimated less than 5% per month.

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