The Analyst/Cost Accountant position is responsible for financial planning and analysis, maintaining sub-ledger accounts related to inventory, cost of sales, expenses, manufacturing spending and variances per GAAP requirements, for the PSI Bearings operation. In addition, the position supports operations management by utilizing expert knowledge of the company's ERP system, costing and expense tracking systems to provide prompt and relevant reports to decision makers to assist their efforts to improve production efficiency while reducing spending and waste. This position also provides improvements to the financial systems by recommending and supporting development of product line reports that highlight performance of specific business segments. May lead and direct the work of others. Assists in communicating and monitoring compliance and reporting requirements as well as supporting the closing process.

This position is located in Simi Valley, California.

Essential Functions

• Timely and accurate financial reporting and forecasting
• Performs month-end closing, forecasting, and reporting. Analyzes variance to budget and forecast.
• Performs daily review and reporting of inventory and labor activity
• Supports maintenance, review, and updates of standard costs
• Guides manufacturing in performing routine cycle counting activity and audits results
• Provides actionable analysis to identify and reduce Job Order Variances
• Makes assessments and recommendations based on review and analysis of variances to standards
• Leads quarterly slow or non-moving inventory (E&O) process
• Influences across multiple functional dimensions and communicates and educates management and staff level personnel on financial expectations, audits adherence to expectations
• Supports the business with analysis of profitability overall and by relevant business segments
• Resolves problems in an expeditious fashion
• Assist in annual budgeting process
• Support with ad-hoc projects and financial reporting.

Desirable Capabilities and Success Factors

• Bachelor's degree in Finance, Accounting or Business Administration is required
• 3-5 years of hands-on cost accounting experience in a manufacturing environment
• Knowledge of GAAP is required
• Hands on experience in financial closings
• Strong analytical and problem-solving skills
• Well versed in analyzing vast data utilizing Microsoft Excel
• Proficiency with OneStream and Microsoft Navision is preferred
• Pro-active, analytical, accurate, conscientious, customer oriented, results oriented
• Demonstrated business acumen and understanding of processes to facilitate continuous improvement
• Excellent verbal and written communication
• High energy with ability to multi-task
• MBA or CPA is desired
• "Restrictions imposed by federal export control laws may limit this job opportunity to candidates who are a 'U.S. Person', which includes U.S. citizens, U.S. nationals, U.S. permanent residents, individuals granted asylum in the United States, and refugees in the United States, or who otherwise can qualify for a license that permits them to hold the position."

Expected Salary: $75,000 - $115,000 a year
Several factors are considered when extending an offer, including but not limited to, the role responsibilities, candidate's work experience, skills and education.

If you are a current Regal Rexnord Associate, please apply as Internal per the instructions below:

Go to myapps.microsoft.com> enter username & password>quick links > talent hub (workday) > jobs hub > browse jobs. Must upload a current resume. Regal Rexnord associates must be in good standing for consideration for job openings. This includes satisfactory or above ratings in job performance and no corrective actions, PIP's, disciplinary issues or warnings in the last 12 months.

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