Senior Manager, FP&A - Motors Solutions
Position Overview
The Senior Manager of FP&A will be responsible for FP&A processes across the assigned Division, and partner closely with Divisional and Segment leadership teams to provide key analyses, recommendations and tracking of both short term and long-term strategic initiatives, operational improvement projects and other business priorities. This role will partner closely with stakeholders across PES NA and Division to identify and drive efficiency improvements in reporting and forecasting, and the enhancement of systems and tools to enable insightful business analysis. This position requires a “hands on”, detail oriented and results driven person, who will serve as a trusted business partner for BU/Division/Region Senior leadership. The individual will have visibility to executive leadership throughout the Segment which, combined with the wide business perspective offered by this roll, will benefit from an accelerated career path.
Key Responsibilities
Ownership of monthly/quarterly divisional forecasting with focus on standard work and improved efficiency/accuracy inclusive of monthly revenue forecast process at SKU/product level to support organic above-market growth
Primary support for Annual Operating Plan and Strategy processes
Provide key analyses and recommendations on strategic and other executive projects with ad-hoc reports that enables business assessments at a glance and support strategic decision making
Guide and support across Plant Finance teams with focus on forecast accuracy, productivity and inventory rightsizing across the Division plants
Lead Division SG&A forecast process driving cost transparency across key North America functions and focus on cost reduction opportunities; Provide monthly variances to forecast and hold cost centers accountable to results
Actively engage and drive project execution to meet strategic and operational objectives as part of a project team, supporting with business acumen and both financial and operational analysis
Build strong relationships across Commercial, Supply Chain, SIOP, Operations and Product Management teams to facilitate strategic finance business partnership in order to deliver Division results and long term initiatives
Act as business partner to BU/Product Management for organic profitable growth. Activities include (but are not limited to): analysis of customer level / SKU level / Product-line profitability for insights and actions, support and tracking of price realization, pricing analysis and New Product Development business cases. With a continuous improvement mindset and ability to influence, identify opportunities for system enhancements and technology adoption that leverages process automation, machine learning and AI across the finance function and wider organization
Required Skills and Qualifications
Bachelor’s degree in accounting or finance
8+ years of progressive accounting/finance experience within a large manufacturing organization
Excellent communication skills; Effectively Interacts at all levels of the organization with ability to influence resources outside one’s direct responsibility
Strong analysis skills to identify business trends, with ability to review transactional detail (as needed) to support problem solving
Create a work environment with high standards of performance but where team members feel engaged and supported
Motivated by and thrives in a fast-paced environment with ability to assess and effectively rank priorities to allocate resources to highest impact objectives
Hands on, roll up sleeves approach and demonstrate resourcefulness, initiative, results-orientation
Has a mindset of continuous improvement and can embrace Regal Rexnord’s 80/20 principles
Strong working knowledge of ERP systems; experience with Oracle and/or OneStream is a plus
Advanced Microsoft Excel and PowerPoint skills are required
Ability to work across cultures and functions seamlessly
Preferred Skills and Qualifications
Advanced degree and/or a CPA is strongly preferred
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 Recruiting@RegalRexnord.com.