Nature and Scope of Role:
Individual in this role will be responsible for leading the Global Credit & Accounts Receivable for the Shared Services organization. Reporting to the Sr Director, Global Finance Shared Services, this position will lead teams, both directly and indirectly, supporting critical processes within the order-to-cash cycle. They will maintain close partnership with Strategic leaders, specifically Sales and Customer Care teams, within each of the segments with a focus on ensuring the customer receivables are managed appropriately while ensuring a positive stakeholder experience. The individual within this role will be tasked with continuing the evolution of our Shared Services strategic growth and leading global teams with a focus on best in class tools supporting by strong processes. This position will be highly visible with consistent partnership with Segment Finance and Sales leadership.
Specific Responsibilities Include:
- Oversee Accounts Receivable within Shared Services. This includes managing and standardizing processes for assessment and extension of credit, collection of receivables, application of cash received, and AR/DSO forecasting along with other Finance responsibilities.
- Collaborate with leadership across the complete order-to-cash cycle and cross functional organizations to achieve the company’s goals including bringing insights and ideas to improve efficiency and effectiveness of the business.
- Global process owner for areas of responsibility as we continue to evolve the migration to a global centralized function.
- Provide outstanding customer service while maintaining financial systems of high integrity, ethical conduct and compliance with Company policies, procedures and internal controls.
- Lead teams to effectively drive and manage change within the organization.
- Lead strategic projects, through analytical, fact-based decision making, interfacing with key personnel and identifying automation and enhancement opportunities that drive efficiencies.
- Maintain all process and procedure documentation in response to changing business conditions, ERP implementation and internal control requirements.
- Establish goals and monitor key performance metrics to measure the quality and efficiency of the credit and collection related processes.
- Ensure that effective internal controls, policies and practices are in place and that teams are properly trained.
- Execute SOX compliance related to accounting and reporting for role related processes.
- Maintain an effective and motivated organization through appropriate selection, training, feedback, coaching, compensation and recognition of staff.
Minimum Requirements:
- Bachelor’s degree in Business Administration, Finance or similar.
- Minimum 10 years of relevant work experience, including 5+ years of managing a Shared Services Team.
- Continuous improvement mindset & can embrace Regal Rexnord’s 80/20 principle.
- Proven experience in standardizing and documenting financial processes and procedures, building out controls and applying best practices to ensure effective department workflows.
- Experience with large ERP’s (Oracle, SAP, etc) preferred. Must have strong experience with Microsoft Excel, PowerPoint and Word.
- Project management experience with ability and willingness to take ownership of projects and assignments with minimal direction from leadership.
- Ability to identify, track and manage key performance metrics as required.
- Strong organizational skills and ability to work and thrive in a high-volume, fast-paced and evolving environment.
- Driven self-starter with strong self-responsibility and ability to operate autonomously.
- Experience working with transformation management and organizational change.
- Possesses strong character and integrity, as well as strong executive presence.
- Manufacturing experience is a plus.
- Excellent verbal and written communication skills.
- Schedule flexibility due to global communications.
- Ability to travel up to 10%.
- Strong preference for candidate located in the Chicago or Milwaukee areas, but may be open to other CST/EST locations with travel as needed.
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 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 controllers, drives, precision motors, and actuators, controls motion in applications ranging from factory automation to precision tools used in surgical applications.
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.
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.
If you’d like to view a copy of the company’s affirmative action plan or policy statement, please email Recruiting@RegalRexnord.com. If you have a disability and you believe you need a reasonable accommodation in order to search for a job opening or to submit an online application, please e-mail Recruiting@RegalRexnord.com.
Equal Employment Opportunity Posters
Notification to Agencies: Please note that Regal Rexnord Corporation and its affiliates and subsidiaries 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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