I.PURPOSE OF POSITION
The cost accountant's purpose is to assess the profitability of a product of services, department, or the organization. He/she will maintain accurate cost standards in Oracle system, facilitate annual standards -setting function and cost roles.
II.KEY RESPONSIBILITIES
- Analyze variances including Purchase Price Variance, work order variances and inventory adjustments
- Perform month-end closing functions
- Prepare and review monthly financial results and present them to the Operations Manager, Site Manger and Product Line Managers.
III. REQUIREMENTS FOR THE POSITION
- Bachelor's degree in accounting/Finance or Industrial Engineering
- 3+ years of experience relevant accounting experience
- Must be able to reconcile inventory (perpetual records to General Ledger), supply explanations for variances and put systems in place to assure these variances are not repeated
- Knowledge of accounting principles, practices and procedures
- Skill in performing detailed and complex numerical computations and reports
- Oracle & Hyperion knowledge
- English fluency Required
About Regal Rexnord
Regal Rexnord Corporation ("Regal Rexnord") is a leading manufacturer of electric motors, electrical motion controls, power generation and mechanical power transmission products and sub-systems, serving customers around the world in the general industrial, consumer, commercial construction, food & beverage, and alternative energy end markets, among others. Regal Rexnord sells its products and solutions to OEMs, through distributors, and directly to end-users. Regal Rexnord is a $7.2B company with 36,000 associates globally.
Regal Rexnord's business purpose is to create a better tomorrow by energy-efficiently converting power into motion. This means creating innovative solutions while focusing on both customer needs and the company's commitment to sustainability. The company's industrial powertrain and automation solutions offerings are an important part of the company's growth strategy. The company's strategy includes leveraging 80/20 to prioritize all activities, including product excellence, operational excellence and commercial excellence (i) driving organic sales growth through the introduction of innovative new products, with a particular focus on improving energy efficiency, (ii) establishing and maintaining new customers, as well as developing new opportunities with existing customers, (iii) participating in higher growth end markets and geographies, and (iv) identifying and consummating strategic, value creating acquisitions.