What are the responsibilities and job description for the Director, Controller - AMC Segment position at Regal Rexnord?
Scope of Leadership Role
Reporting to the Senior Director, Controller of the Automation & Motion Control (AMC) Segment, the Director, Controller will be responsible for providing technical accounting leadership, oversight, guidance, and direction across the AMC Segment. The required location for the role will be Rosemont, IL, which is the headquarters for the AMC segment.
The role is responsible for leading and managing the accounting, compliance, SOX, and audit activities within the Segment. The role will also be responsible for ensuring consistent accounting practices are followed across all business locations to ensure segment financial information is timely, accurate and compliant with Generally Accepted Accounting Principles.
Additionally, this individual must be able to partner effectively with leaders across matrixed organizations to compile strategic business analyses for senior management to support the development of objectives and action plans to achieve those objectives.
This person will interact with a wide range of associates across the organization and require strong interpersonal skills, the ability to communicate complex issues clearly, and to communicate across all areas of the organization. This position also requires the person to be comfortable navigating a complex organization, with the ability to be highly responsive, accountable, and follow-through on commitments.
Key Responsibilities
The salary range provided is intended to display the value of the company's base pay compensation for this position. Salary is dependent on a multitude of factors, including but not limited to the physical worksite location, the geographic market of that location, candidate's skill set, level of experience, education and internal peer compensation comparisons among other potential factors
Benefits
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 Recruiting@RegalRexnord.com. 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 Recruiting@RegalRexnord.com.
Equal Employment Opportunity Posters
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.
Reporting to the Senior Director, Controller of the Automation & Motion Control (AMC) Segment, the Director, Controller will be responsible for providing technical accounting leadership, oversight, guidance, and direction across the AMC Segment. The required location for the role will be Rosemont, IL, which is the headquarters for the AMC segment.
The role is responsible for leading and managing the accounting, compliance, SOX, and audit activities within the Segment. The role will also be responsible for ensuring consistent accounting practices are followed across all business locations to ensure segment financial information is timely, accurate and compliant with Generally Accepted Accounting Principles.
Additionally, this individual must be able to partner effectively with leaders across matrixed organizations to compile strategic business analyses for senior management to support the development of objectives and action plans to achieve those objectives.
This person will interact with a wide range of associates across the organization and require strong interpersonal skills, the ability to communicate complex issues clearly, and to communicate across all areas of the organization. This position also requires the person to be comfortable navigating a complex organization, with the ability to be highly responsive, accountable, and follow-through on commitments.
Key Responsibilities
- Establish, document, and maintain accounting policies and procedures that drive consistency and provide influential guidance across the Segment. Ensure compliance with US GAAP, IFRS, and other applicable local laws and regulations.
- Lead the implementation of new US GAAP accounting standards, collaborating with cross-functional stakeholders to ensure operational readiness and compliance.
- Lead all complex US GAAP areas, including but not limited to revenue recognition, standard costing, goodwill impairment analysis, lease accounting, and other corporate initiatives as needed.
- Manage the close process to ensure completion and accuracy of all accounting activities, tasks, and procedures inclusive of journal entries and key account reconciliations.
- Manage the Balance Sheet and Income Statement reviews for the Segment, including the identification of key drivers that will improve compliance and influence financial performance.
- Partner with operational leaders across the Segment to provide valuable insights that drive performance through bridging the gap between finance and business strategy.
- Drive completion of all internal and external audits. Leads identification of root causes and remediation plans while ensuring all findings and process improvements are closed timely.
- Own, manage, and maintain standard application of accounting schedules, compliance of company accounting policies, and SOX compliance.
- Drive continuous improvement initiatives and advise on solutions to improve processes across the Segment. Support the continued transfer of work to the shared service organization.
- Maintain ongoing professional and technical knowledge by attending educational workshops, reviewing professional publications, establishing personal networks, and participating in professional societies.
- Train, develop, and support accounting staff across the Segment on policy adherence, changes in accounting standards, and best practices.
- Establish and roll out pipeline planning initiatives for the Segment.
- Bachelor’s degree in Accounting; advanced degree preferred in Accounting or MBA
- CPA is required
- 8 years of relevant and progressive accounting/finance experience within an Industrial or Global Manufacturing Organization, including leadership roles.
- 2 years of public accounting experience required.
- Strong understanding and practical working knowledge of US GAAP; strong understanding of Standard Cost Accounting and Revenue Recognition standards is highly preferred.
- Strong leadership, management, and team building skills. Demonstrated track record of building rapport and cohesiveness within the team.
- Commitment to coaching and mentoring staff to enhance the proficiency, competencies and long-term development of the team.
- Dedicated to building a work environment with high standards of performance but where team members feel engaged and supported.
- Excellent communication skills; ability to quickly establish a personal brand within the organization to drive cross functional collaboration and influence resources outside one’s direct responsibility.
- Ability to focus on the overall objective for a given process or accounting area, while at the same time being able to dive into transactional detail if needed to resolve questions or issues.
- Strong analytical skills to identify high level business and operational trends, with ability to review transactional details (as needed) to support problem solving.
- Curious mindset that proactively seeks understanding and feedback.
- Ability to apply critical thinking to problem solving by identifying trends and themes to drive continuous improvement across the function.
- Ability to overcome obstacles, and change direction if needed, to achieve business objectives.
- Experience with Oracle ERP system, Hyperion and OneStream is strongly preferred. Must have strong experience with Microsoft Excel, PowerPoint and Word.
- Motivated by and thrives in a fast-paced environment with ability to assess and effectively rank priorities to allocate resources to highest impact objectives.
- Ability to work across cultures, divisions, segments, and functions seamlessly.
The salary range provided is intended to display the value of the company's base pay compensation for this position. Salary is dependent on a multitude of factors, including but not limited to the physical worksite location, the geographic market of that location, candidate's skill set, level of experience, education and internal peer compensation comparisons among other potential factors
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
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 Recruiting@RegalRexnord.com. 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 Recruiting@RegalRexnord.com.
Equal Employment Opportunity Posters
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.
Salary : $132,000 - $205,600