Senior Cost Accountant

Senior Cost Accountant

Work Model: You'll work in a hybrid model, onsite at your designated Regal Rexnord location at least three days per week (Monday–Thursday), with flexibility to work remotely up to two days, including Friday.

Position Overview

The Senior Cost Accountant is responsible for leading and supporting plant-level cost accounting activities, including inventory valuation, cost analysis, overhead rate development, and audit support. This role provides oversight and guidance to a Junior Cost Accountant and serves as a key financial partner to Operations, Engineering, FP&A, and other cross-functional teams.

This position may be filled at a level commensurate with the candidate's experience, skills, and qualifications.

Senior Cost Accounting Responsibilities

• Review monthly journal entries and balance sheet account reconciliations related to inventory and cost accounts
• Perform excess and obsolete (E&O) inventory reporting and reserve analysis
• Lead physical inventory planning, execution, reconciliation, and follow-up reporting for internal and external audits
• Develop and maintain standard labor, material, fixed, and variable overhead rates
• Develop and maintain DOD, standard labor, and overhead rates
• Drive margin improvement and costing initiatives in partnership with Operations and Engineering
• Perform inventory capitalization analysis
• Support internal and external audit requests and reviews
• Provide guidance, oversight, and technical support to the Junior Cost Accountant

Cost Accounting & Inventory Responsibilities

• Analyze bills of materials and routings to prepare new items for cost rollups
• Perform cost rollups and activate new items in the ERP system
• Prepare weekly and monthly inventory reporting by plant and product line
• Manage work orders, including weekly and monthly variance analysis
• Analyze and reconcile miscellaneous inventory, scrap, and pending inventory transactions
• Prepare monthly journal entries and inventory account reconciliations
• Plan and lead physical inventories and support the annual standard cost update
• Analyze make-versus-buy decisions and support operational cost optimization initiatives
• Utilize OneStream and ERP systems to retrieve, analyze, and report financial data
• Recommend and implement process improvements to enhance accuracy, controls, and reporting timeliness
• Support or lead special projects and cross-functional initiatives as required

Required Skills & Qualifications

• Strong knowledge of cost accounting principles, inventory valuation, and manufacturing accounting
• Experience developing labor, material, and overhead cost rates
• Ability to analyze and explain cost variances and inventory valuation impacts
• Strong analytical, organizational, and problem-solving skills
• Ability to work effectively with cross-functional manufacturing and finance teams
• Experience supporting internal and external audits
• Bachelor's degree in Accounting or Finance

Years of experience and level of responsibility will vary depending on the candidate's background, skill set, and demonstrated capabilities.

Preferred Skills & Qualifications

• 3–5 years of progressive accounting or cost accounting experience in a manufacturing environment
• CPA, CMA, or other relevant professional certification
• Experience with ERP systems (e.g., Oracle) and financial reporting tools (e.g., OneStream)
• Experience leading or mentoring junior accounting staff

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 View email address on click.appcast.io. 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 View email address on click.appcast.io.

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.