Senior Manager, FP&A
Apply NowCompany: Regal Rexnord
Location: Langley, BC V1M 4E6
Description:
POSITION SUMMARY
The Senior Manager, FP&A will partner closely with the Finance Director, Power Management, Division/Business Unit Leadership and Segment Leadership.
In the crucial role, the Sr. Manager, FP&A will play a pivotal part in Division level financial reporting and performance management. This role also requires effective planning cycle leadership, guidance and coordination. Additionally, the role will implement processes across Commercial Operations and Supply Chain, and harmonize reporting content and key metric definitions. This role requires strong collaboration across the business as analyses, insights and recommendations are presented, including a strong capability to influence others.
We are looking for someone who can: build strong relationships within the organization; engage at all
levels in the organization; take advantage of data & analytics to provide business insight and decision support, drive improvements, efficiencies, and harmonization in planning, reporting and finance operations. The role requires a "hands on" person who is detail-oriented and results-driven.
KEY RESPONSIBILITIES
Partner with the business leadership to implement robust Commercial Operations reporting, analytics performance by channel, customer insights and financial reporting practices to drive accountability and execution.
Partner with the business leadership to enhance the visibility of the current Supply Chain and Materials Management processes and financial reporting practices to drive accountability and execution. Identify and correct data irregularities while proposing and implementing reporting enhancements.
In partnership with the Divisional finance teams, lead review of Daily KPI's and comprehensive analyses of P&L expense management. Harmonize and support policy development for price / cost reporting, orders, backlog, and other key statistical metrics and KPI's. Identify areas for improvement and develop action plans to enhance metrics.
Perform analysis and research including market and competitor assessment for the preparation of long-range planning, operating reviews, annual operating plans, quarterly Earnings content and Board of Directors content for the Division.
Consolidate forecasts and analyze trends in manufacturing, sales, finance, general business conditions, profitability and other related areas.
Conceptualize, design and iteratively build data-driven analytical models.
Lead a small team of finance professionals as well as provide strategic FP&A guidance and support across the Division finance organization and operating teams.
Conduct analyses and reporting for headquarters functions including, monthly financial analysis, forecasting, variance analysis, and graphical summaries of financial performance.
Provide key analyses and recommendations on strategic and other executive projects.
Provide ad-hoc reports for decision-making and business assessments at a glance.
Routinely and proactively conduct detailed financial analysis (minimize surprises). Report on root causes, remediation plans, and updated status.
Drive consistency and continuous improvements in processes and financial tools across the business
PROFESSIONAL EXPERIENCE/ QUALIFICATIONS
Required Qualifications
Bachelor's degree in Accounting or Finance.
Minimum of 5 years of relevant and progressive accounting/finance experience including financial leadership, public accounting and/or manufacturing experience with consolidations, audits, financial reporting, and public company finances.
Ability to identify process or reporting irregularities and collaboratively work to influence and make changes to enhance data availability and/or accuracy.
Preferred Qualifications
Advanced degree and/or a CPA is strongly preferred.
Previous experience in a manufacturing environment with multi-site responsibility preferred.
Previous experience supporting Commercial Operations and Supply Chain, material management finance aspects preferred.
Previous experience analyzing and improving trade working capital metrics to increase cash flow is a plus.
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.
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 SAP, Hyperion, and OneStream is a plus.
Must have strong experience with Microsoft Excel, PowerPoint and Word.
Travel: Regal Rexnord is a Global Business. Some travel to other Regal Rexnord locations is expected. Estimate 5 - 10% per quarter.
About Regal Rexnord
Regal Rexnord is a $6.5B 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.
The Senior Manager, FP&A will partner closely with the Finance Director, Power Management, Division/Business Unit Leadership and Segment Leadership.
In the crucial role, the Sr. Manager, FP&A will play a pivotal part in Division level financial reporting and performance management. This role also requires effective planning cycle leadership, guidance and coordination. Additionally, the role will implement processes across Commercial Operations and Supply Chain, and harmonize reporting content and key metric definitions. This role requires strong collaboration across the business as analyses, insights and recommendations are presented, including a strong capability to influence others.
We are looking for someone who can: build strong relationships within the organization; engage at all
levels in the organization; take advantage of data & analytics to provide business insight and decision support, drive improvements, efficiencies, and harmonization in planning, reporting and finance operations. The role requires a "hands on" person who is detail-oriented and results-driven.
KEY RESPONSIBILITIES
Partner with the business leadership to implement robust Commercial Operations reporting, analytics performance by channel, customer insights and financial reporting practices to drive accountability and execution.
Partner with the business leadership to enhance the visibility of the current Supply Chain and Materials Management processes and financial reporting practices to drive accountability and execution. Identify and correct data irregularities while proposing and implementing reporting enhancements.
In partnership with the Divisional finance teams, lead review of Daily KPI's and comprehensive analyses of P&L expense management. Harmonize and support policy development for price / cost reporting, orders, backlog, and other key statistical metrics and KPI's. Identify areas for improvement and develop action plans to enhance metrics.
Perform analysis and research including market and competitor assessment for the preparation of long-range planning, operating reviews, annual operating plans, quarterly Earnings content and Board of Directors content for the Division.
Consolidate forecasts and analyze trends in manufacturing, sales, finance, general business conditions, profitability and other related areas.
Conceptualize, design and iteratively build data-driven analytical models.
Lead a small team of finance professionals as well as provide strategic FP&A guidance and support across the Division finance organization and operating teams.
Conduct analyses and reporting for headquarters functions including, monthly financial analysis, forecasting, variance analysis, and graphical summaries of financial performance.
Provide key analyses and recommendations on strategic and other executive projects.
Provide ad-hoc reports for decision-making and business assessments at a glance.
Routinely and proactively conduct detailed financial analysis (minimize surprises). Report on root causes, remediation plans, and updated status.
Drive consistency and continuous improvements in processes and financial tools across the business
PROFESSIONAL EXPERIENCE/ QUALIFICATIONS
Required Qualifications
Bachelor's degree in Accounting or Finance.
Minimum of 5 years of relevant and progressive accounting/finance experience including financial leadership, public accounting and/or manufacturing experience with consolidations, audits, financial reporting, and public company finances.
Ability to identify process or reporting irregularities and collaboratively work to influence and make changes to enhance data availability and/or accuracy.
Preferred Qualifications
Advanced degree and/or a CPA is strongly preferred.
Previous experience in a manufacturing environment with multi-site responsibility preferred.
Previous experience supporting Commercial Operations and Supply Chain, material management finance aspects preferred.
Previous experience analyzing and improving trade working capital metrics to increase cash flow is a plus.
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.
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 SAP, Hyperion, and OneStream is a plus.
Must have strong experience with Microsoft Excel, PowerPoint and Word.
Travel: Regal Rexnord is a Global Business. Some travel to other Regal Rexnord locations is expected. Estimate 5 - 10% per quarter.
About Regal Rexnord
Regal Rexnord is a $6.5B 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.