Financial Manager
This dynamic and strategic leadership role is responsible for overseeing financial management and operational control at our Stuarts Draft, VA plant. As a key business partner to the local operations team, this position plays a critical role in driving financial performance, ensuring fiscal accountability, and supporting strategic decision-making through in-depth analysis and forecasting.
The role encompasses financial reporting, cost management, and variance analysis, providing leadership with the insights needed to optimize efficiency, reduce costs, and enhance profitability. Additionally, this position proactively collaborates with plant leadership to develop and deploy key operational metrics, identify improvement opportunities, and implement sustainable financial strategies that align with the long-term goals.
Essential Responsibilities
- Summarize and present financial results and key sales and cost drivers.
- Build and lead variance analysis to key benchmarks (budget, forecast, prior year, etc.) and clearly communicate key assumptions / inputs to plant leadership to ensure achievement of performance objectives.
- Be a key business partner to management, providing insight into the financials of the facility.
- Develop and deploy key operational metrics and analysis to support daily management of the business while proactively managing costs and working capital to drive sustainable improvement.
- Make assessments and recommendations based on regular review / analysis to site leadership.
- Partner with operations to support make / buy decisions, capital investments, inventory management, ad hoc analysis, and other needs.
- Lead inventory standard costing and margin analysis activities, including managing the annual standards roll and physical inventory.
- Conduct ad-hoc financial analysis / special projects to assist team in understanding business performance & offer solutions to improve performance
- Partner with central accounting to manage and maintain an effective controls environment.
- Perform other duties as assigned.
Professional Experience / Qualifications
Minimum Requirements :
Bachelor's degree in accounting or finance. CPA designation is preferred.Minimum of 5 years progressive experience in financial / accounting functions, including cost, in a manufacturing environment, prefer previous leadership experience.Strong proficiency with Microsoft Office applications with expert level Excel skills.Ability to clearly and concisely communicate complex financial information.Ability to maintain professional skepticism with capability to validate accuracy of reporting and draw general conclusions on the data.Flexibility to work in a dynamic team environment with requests from inside and outside of immediate work team and some requests directly from senior leadership.Ability to influence cross functionally and across multiple locations.Continuous improvement mindset.Results oriented with a bias for action, including ability to meet business critical deadlines.Proven high personal integrity.Previous experience with SAP, and OneStream strongly preferred.Critical Competencies
Problem Solving and Critical Thinking : Demonstrates solid problem-solving skills and critical thinking abilities, maintaining a continuous improvement mindset and proactively driving change.Communication Skills : Exceptional verbal and written communication skills, capable of influencing and engaging stakeholders at all levels.Safety Orientation and Compliance : Demonstrates a strong commitment to safety and adherence to policies and procedures set forth by the State Department.Project Management : Ability to manage workload and priorities to meet milestone dates and stretch goals, and to monitor projects through a gated process.Interpersonal Skills and Teamwork : Excellent interpersonal skills fostering teamwork and collaboration, developing high-quality working relationships to influence, gain support, and achieve results. This includes cooperation with operations, supply chain, product management, engineering, as well as external customers and vendors.Results-Oriented and Self-Motivated : Self-directed and motivated, effectively managing time and multiple priorities to meet deliverables in a timely manner.Software Proficiency : Intermediate to advanced proficiency with SAP and MS Office applications (Word, Excel, PowerPoint).Confidentiality and Integrity : Demonstrated ability to maintain confidentiality and handle proprietary and sensitive information with integrity.Regal Rexnord Values : Role model for Integrity, Responsibility, Diversity, Engagement & Inclusion, Customer Success, Innovation with Purpose, Continuous Improvement, Performance, Passion to Win, and Sense of Urgency. Regularly communicates the Core Values and reinforces accountability and alignment of behaviors.Benefits
Medical, Dental, Vision and Prescription Drug CoverageSpending accounts (HSA, Health Care FSA and Dependent Care FSA)Paid Time Off and Holidays401k Retirement Plan with Matching Employer ContributionsLife and Accidental Death & Dismemberment (AD&D) InsurancePaid LeavesTuition AssistanceAbout 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.