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Senior Director, Finance
Senior Director, FinanceRegal Rexnord • Milwaukee, WI, US
Senior Director, Finance

Senior Director, Finance

Regal Rexnord • Milwaukee, WI, US
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Senior Director of Finance

Reporting to the Sr. VP / GM for the division, the Senior Director of Finance will be responsible for providing finance leadership for the Conveyance Solutions Division of Regal Rexnord, which is within the Automation and Motion Control AMC segment. This division is comprised of 1600 global associates across 8 global manufacturing sites, producing ~$450M in revenue. The preferred location for the role will be Milwaukee, WI.

The Senior Director of Finance provides leadership and direction to the division global finance team as well as serves as a key business partner to the Sr. VP / GM as a member of the Division Leadership Staff. This position will oversee the analyzing of financial results, including interim and final financial statements with supporting schedules for the guidance of management; strategic planning; budgeting, financial planning; forecasting; financial close; SOX compliance; talent funnel management; and enhancing internal controls and procedures. This will include other various projects such as "due diligence" of new acquisitions, the integration of acquisitions as well as analysis of current operating procedures in the division to ensure adoption of "best business practices" in conjunction with RBS. Will make recommendations to improve operating results and implement the proper tracking and reporting processes. Through sound fiscal management, the Sr. Director of Finance will be a key contributor to the continuous improvement.

Major Responsibilities :

  • Act as a key business partner to the Sr. VP / GM, informing leadership of financial implications of business decisions.
  • Provides leadership to divisional finance team; coaching, investing in talent development and increasing engagement across the global function.
  • Performs all FP&A reporting to executive management on a monthly, quarterly, and annual basis.
  • Oversee 3-Year Strategy Planning process including coordination with Commercial, Engineering, and Operations functions to coordinate presentation to ELT and long-term financials creation.
  • Ownership of annual budget process, working with plant controllers and division leadership to set direction and establish financial targets.
  • Direct monthly forecasting process with all division operating plants as well as consolidation and corporate reporting; Lead monthly close process and monthly financial operating reviews.
  • Drive continuous improvement and reduce cycle time in various reoccurring financial processes through the increased utilization of technology and tools, implementation of standard operating procedures and other efficiency measures, while embracing Regal Rexnord's 80 / 20 principles.
  • Ensures application and compliance with Regal Rexnord accounting policies and procedures, US GAAP, IFRS accounting and compliance rules and laws.
  • Manage and drive completion of all internal and external audits (eliminate surprises). Reports on root causes, remediation plans, and updated status'. Drives all finding and / or process improvement opportunities to timely closures.
  • Partner with other functions and serve as lead financial support for division projects including 80 / 20 execution, pricing strategy, and footprint optimization.
  • Provide real-time coaching and development opportunities to finance team members.

Required Education / Experience / Skills :

  • Bachelor's degree in Accounting or Finance.
  • Advanced degree and / or a CPA is strongly preferred.
  • Minimum of 10 years of relevant and progressive accounting / finance experience including global financial leadership, public accounting and / or manufacturing experience with consolidations, audits, financial reporting, and public company finances.
  • Previous experience in a manufacturing environment with multi-site responsibility preferred.
  • Excellent communication skills, ability to quickly establish a personal brand within the organization to drive cross functional collaboration and influence resources outside one's direct responsibility.
  • Ability to focus on the overall objective for a given process or accounting area, while at the same time able to dive into transactional detail if needed to resolve questions or issues.
  • Insightful ability to identify trends and themes for continuous improvement across the function.
  • Ability to overcome obstacles and achieve objectives, changing direction along the way to achieve business objectives.
  • Commitment to coaching and mentoring staff to enhance the proficiency, competencies and long-term development of the team.
  • Motivated by and thrives in a fast-paced environment with frequent ad hoc requests and changing priorities.
  • Proven ability to be hands on, roll up sleeves 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 ERP system, SAP, Hyperion, and OneStream is a plus.
  • Must have strong experience with Microsoft Excel, PowerPoint and Word.
  • Interpersonal / Leadership Skills :

  • Business & Financial Acumen
  • Visionary Leadership
  • Is intellectually curious and embraces continuous improvement, challenging the status quo
  • Introduces and proactively seeks out new ideas and solutions to strengthen performance
  • Holds self and others accountable to build and instill a continuous improvement culture
  • Ensures best practices and lessons learned are adopted
  • Strong cross-functional facilitation
  • Travel : Ability to travel up to 25%- 30% to support the team.

    Language : English, business level.

    Compensation Details : $200,000 - $230,000 The salary range provided is intended to display the value of the company's base pay compensation for all statewide locations across the United States. Salary is dependent on a multitude of factors, including but not limited to the physical worksite location, candidate's skill set, level of experience, education and internal peer compensation comparisons.

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    Director Finance • Milwaukee, WI, US

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