Senior Cost Accountant

Work Model: You'll work in a hybrid model, onsite at your designated Regal Rexnord location at least 3 days per week (Monday-Thursday), with flexibility to work remotely up to 2 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. Key Responsibilities 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 Restrictions imposed by federal export control laws may limit this job opportunity to candidates who are a 'U.S. Person', which includes U.S. citizens, U.S. nationals, U.S. permanent residents, individuals granted asylum in the United States, and refugees in the United States, or who otherwise can qualify for a license that permits them to hold the position. Sponsorship Candidates must be eligible to work in the United States without requiring company sponsorship to obtain or keep U.S. work authorization. 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 Aff… (full statement omitted for brevity). Contact View email address on click.appcast.io for further information. 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. #J-18808-Ljbffr