Corporate Accountant I at Regal Beloit in Beloit, Wisconsin

Job Description:

Regal Beloit Corporation (RBC) is a $3B publicly traded global manufacturer of electric motors and controls, electrical components and power transmission products serving customers around the world in the general industrial, consumer, commercial construction, food & beverage, and alternative energy end markets, among others. Regal sells its products and solutions to OEMs, through distributors, and directly to end-users. At the end of fiscal 2020, the Company employed approximately 20,000 employees worldwide and has significant operations in the US, Mexico, Europe, China, India and Thailand. Regal was founded in 1955 and is headquartered in Beloit, Wisconsin. Regal's executive satellite office is located in Rosemont, IL.Our mission: We create a better tomorrow by energy-efficiently converting power into motion!

Regal's efforts on this front take many forms, but in particular, involve working regularly to make our products more energy efficient, and collaborating with our customers to make their own, typically end-use applications more environmentally-friendly, while also striving to reduce the environmental impact of producing and distributing our Regal products and services.

Regal 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 is committed to a diverse and inclusive workforce.Position Summary:

The Accountant I is responsible for, but not limited to, preparing monthly and quarterly journal entries, balance sheet reconciliations and accuracy of Intercompany activity. The position will be responsible for daily, monthly and quarterly activities to ensure that company books and records are accurate.

Major Responsibilities:

• Prepare monthly journal entries reviewing the general ledger for accuracy and proper recording of transactions.
• Prepares required monthly and quarterly balance sheet reconciliations researching any variances, out-of-date transactions, other issues as they arise as part of month-end ledger close.
• Monitors and reconciles the Intercompany accounts ensuring proper balancing between entities.
• Responds to business unit questions regarding accounting policies or implications and provides guidance and support to Regal finance teams.
• Provides data as requested to internal and external auditors for the corporate accounting group.
• Works with corporate accounting team to streamline and improve current accounting processes to facilitate the month end close and reconciliation processes.
• Performs tasks in accordance with Generally Accepted Accounting Principles (GAAP).

• B.S. in Accounting, Finance or related field.
• CPA candidate or MBA preferred
• 2 years of increasingly responsible accounting experience
• Public Accounting experience and/or Manufacturing experience desired
• Strong knowledge of GAAP
• Excellent verbal and written skills
• Blackline and Hyperion experience desired
• Oracle experience, and/or Systems implementation experience a plus

Language: English