Cost Accountant II/Analyst

The Analyst/Cost Accountant position is responsible for financial planning and analysis, maintaining sub-ledger accounts related to inventory, cost of sales, expenses, manufacturing spending and variances per GAAP requirements, for the PSI Bearings operation. In addition, the position supports operations management by utilizing expert knowledge of the company's ERP system, costing and expense tracking systems to provide prompt and relevant reports to decision makers to assist their efforts to improve production efficiency while reducing spending and waste. This position also provides improvements to the financial systems by recommending and supporting development of product line reports that highlight performance of specific business segments. May lead and direct the work of others. Assists in communicating and monitoring compliance and reporting requirements as well as supporting the closing process.

This position is located in Simi Valley, California.

Essential Functions

• Timely and accurate financial reporting and forecasting
• Performs month-end closing, forecasting, and reporting. Analyzes variance to budget and forecast.
• Performs daily review and reporting of inventory and labor activity
• Supports maintenance, review, and updates of standard costs
• Guides manufacturing in performing routine cycle counting activity and audits results
• Provides actionable analysis to identify and reduce Job Order Variances
• Makes assessments and recommendations based on review and analysis of variances to standards
• Leads quarterly slow or non-moving inventory (E&O) process
• Influences across multiple functional dimensions and communicates and educates management and staff level personnel on financial expectations, audits adherence to expectations
• Supports the business with analysis of profitability overall and by relevant business segments
• Resolves problems in an expeditious fashion
• Assist in annual budgeting process
• Support with ad-hoc projects and financial reporting.

Desirable Capabilities and Success Factors

• Bachelor's degree in Finance, Accounting or Business Administration is required
• 3-5 years of hands-on cost accounting experience in a manufacturing environment
• Knowledge of GAAP is required
• Hands on experience in financial closings
• Strong analytical and problem-solving skills
• Well versed in analyzing vast data utilizing Microsoft Excel
• Proficiency with OneStream and Microsoft Navision is preferred
• Pro-active, analytical, accurate, conscientious, customer oriented, results oriented
• Demonstrated business acumen and understanding of processes to facilitate continuous improvement
• Excellent verbal and written communication
• High energy with ability to multi-task
• MBA or CPA is desired
• "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."
  

Expected Salary: $75,000 - $115,000 a year
Several factors are considered when extending an offer, including but not limited to, the role responsibilities, candidate's work experience, skills and education.


If you are a current Regal Rexnord Associate, please apply as Internal per the instructions below:

Go to myapps.microsoft.com> enter username & password> quick links > talent hub (workday) > jobs hub > browse jobs. Must upload a current resume. Regal Rexnord associates must be in good standing for consideration for job openings. This includes satisfactory or above ratings in job performance and no corrective actions, PIP's, disciplinary issues or warnings in the last 12 months.

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.