Finance Compliance Analyst
Scope of Leadership Role
The Compliance Analyst II role is a full-time role and reports to the Compliance Manager with significant visibility to various stakeholders throughout the Company, including Segment Controllers and functional leadership.
The Compliance Analyst II role will support the Controls and Compliance function in providing guidance, proactive support to Regal Rexnord’s finance teams on accounting policies and internal controls to ensure the appropriate application of US GAAP, compliance with the Company’s accounting policies, and consistency throughout the organization.
This role is located in the Milwaukee, WI or Rosemont, IL locations and requires a Moderate ability to travel (10-25%)
Key Responsibilities
This role will support continuous improvement initiatives in the Company’s compliance with Sarbanes-Oxley legislation and internal policies by partnering with control owners across the global organization to implement and document new sustainable controls and remediate control deficiencies.
The Compliance Analyst II will also assist with regular and recurring reviews of internal controls and financial processes, identifying opportunities to automate and standardize processes, and engaging with key stakeholders to support implementation.
Essential Responsibilities
- Assist the Compliance Manager in ensuring that business groups adhere to proper internal control practices including compliance with finance policies and procedures.
- Perform periodic reviews, investigations, data gathering, and other internal controls and compliance projects as assigned by management.
- Assist in administration of Financial Close Management tools (Blackline; OneStream) and status reporting of task completion to finance leadership.
- Assist business groups with implementing new controls, policies, accounting guidance, etc.
- Coordinate with and support internal and external auditors for quarterly reviews and annual audit.
- Assist business groups in the development of action plans and remediation of audit findings.
- Complete assigned projects and ensure milestones are achieved per agreed upon due dates.
- Proactively communicate and support site and finance leaders to drive engagement and continuous improvement in internal controls and compliance projects.
- Create and complete project documentation and written reports in a manner consistent with department standards, and communicate results to our business partners up to a Vice President level.
- Continually seek greater understanding of business processes, related risks and identify gaps between the risks and the controls within the process and advise business partners as required.
Professional Experience / Qualifications
The ideal candidate will have a Bachelor’s degree in Accounting or Finance at a minimum, with a CPA or CIA certification preferred.
A minimum 2 years’ experience with PCAOB audit Standards and 2013 COSO Framework (or educational equivalent) is strongly desired.
The candidate should also possess the following :
- Excellent communication and people skills, both verbal and written, with personnel at all levels of the organization.
- Intellectual curiosity : strong ability to want to learn and solve complex problems and suggest / implement process improvements with a collaborative and optimistic attitude.
- Ability to overcome obstacles and achieve objectives, and to thrive in a fast-paced environment with frequent ad hoc requests and changing priorities.
Experience with Oracle or SAP ERP’s and Blackline or OneStream Financial Close Management tools is a plus.
Working knowledge of data analytics and other relevant tools is a plus (e.g., Power BI, Tableau, SQL)
Minimum Requirements
- Bachelor's degree in Accounting or Finance
- 1+ years of internal audit, public accounting, or equivalent experience with SOX compliance.
- Strong organizational skills, ability to manage multiple tasks, demonstrated prioritization and decision-making skills.
- Strong experience with Microsoft Excel, PowerPoint and Word
- Demonstrated critical thinking skills; professional and ethical demeanor at all times.
- Professional certification such as Certified Public Accountant (CPA), Certified Internal Auditor (CIA) preferred.
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 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.
You may not know it, but Regal Rexnord impacts your life every day. The company’s products enable the fans in HVAC systems that keep us comfortable;
the power source that keeps smart buildings running; the agricultural and food service equipment that keeps us fed; and the conveyer systems that keep e-commerce flowing, to name a few of the applications where our products are used.
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.
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, age, ancestry, national origin, 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.
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.
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