Financial Analyst

Position Summary:

The Financial Analyst is a critical member of the Corporate FP&A team and will assist with financial planning, reporting and analysis for the IT department. We are looking for someone who can take advantage of data & analytics to provide business insight and decision support, communicate effectively; identify and drive improvements; and develop relationships within the finance organization.

Key Responsibilities:

• Support month‑end, quarter‑end, and year‑end close activities for several IT cost centers, including preparation and review of capital‑related entries (capital labor, depreciation, amortization, and project accruals).
• Support monthly and annual forecast as well as annual budget for Enterprise IT.
• Leverage analytical and system knowledge to organize and analyze large data sets, including OpEx vs. CapEx, to translate financial data into actionable insights for decision‑making.
• Partner with FP&A team to provide variance analysis, forecasting, reporting, and project support to senior management.
• Produce monthly reports, which include key metrics, financial results, and variance reporting.
• Communicate potential risks and opportunities vs the plan and recommend action plans to improve returns.
• Partner with Finance and Accounting teams to communicate and assist with the annual budgeting and monthly forecasting processes.
• Support internal control processes to ensure compliance with statutory regulations and Regal Rexnord accounting policies.

Professional Experience/Qualifications:

• Bachelor’s degree in Finance, Accounting, or Business Administration
• 4–5 years of FP&A experience
• High level of proficiency with MS Office (especially Excel and PowerPoint)
• Experience with Hyperion, BI, OneStream, or other consolidation and reporting tools
• Strong written and verbal communication skills
• Strong problem‑solving and issue‑resolution skills
• Ability to perform effectively in a dynamic, cross‑functional team environment
• Strong organizational skills to manage and prioritize a broad range of responsibilities
• Relevant experience in variance analysis and the annual budgeting process
• Strong willingness to learn capital processes is required; prior experience with capital is preferred by not mandatory
• Global manufacturing experience strongly preferred, not required