The MCS FP&A - Leadership Development Program provides an accelerated training program for college graduates who wish to pursue a career in Corporate Finance. We will build on your technical and interpersonal skills by providing you a role with significant responsibility as well as exposure to experienced business leaders, mentors, and subject matter experts.
We recruit the best candidates who have an undergraduate or graduate degree in a business discipline and have a proven track and desire to interact with business leaders and evolve in a in a high-energy, dynamic, and demanding environment. You will learn how we create strategy, focus execution, align our people, and create value for customers and shareholders. Come join our winning team!
This position is in Radford, VA with remote opportunities two days a week.
Opportunity for annual global travel assisting in balance sheet reviews.
Program Responsibilities
- Partner with a Financial Analyst within the MCS division.
- Learn first-hand from the analyst and contribute directly to the financial success of their manufacturing plant.
- The Financial Planning & Analysis function plays a key role in each business unit. Our Analysts are intimately involved in our manufacturing operations and work side-by-side with the business unit leader to evaluate and report on all aspects of the business including profit & loss and working capital on a global basis.
- Opportunities to attend a variety of trainings throughout the program as well as inter-departmental events to develop skills and experience outside of typical finance duties.
- Rotate through various responsibilities that are fundamental to providing accurate and timely actuals that are an integral part of Kollmorgen finance's overall fiduciary responsibility to its shareholders.
- Understanding the company's inner workings of accounting is critical to financial leadership and proactively establishing best practices in balance sheet reconciliations, general ledgers as well as accounts receivable and accounts payable.
- Annually, an evaluation will be made, including skills testing and feedback from both the manager and the analyst on progress towards the desired career. You will have a clear career path and individual development plan and we will work with you to close developmental gaps.
- Develop the ability to analyze and understand the cost structure of our product. Work directly with our cost accounting, operations, product management, and sales and marketing leaders to identify opportunities to reduce costs through every step of the sourcing and manufacturing process.
- Play a critical role in understanding root cause and prioritization of manufacturing and purchasing variances and participate in the global weekly and monthly report out for their location.
- Assist the analyst in the annual budget development.
- Conduct interviews cross functionally to attain key data necessary to analyze trends and produce an accurate forecast.
- Lead the audit of a plant wide physical inventory including auditor training, results tracking, and efficiently directing the team toward a successful event.
Competencies developed after 2-3 years:
- Build relationships across the organization and develop a network of successful and talented professionals.
- Build your technical skills, master business and accounting practices, and take a leading role in promoting, supporting, and participating in the Kollmorgen approach.
- Be able to share your business and financial knowledge with professionals at all levels of the organization.
- Build a career in Corporate Finance with a Fortune 500 company that keeps demonstrating an outstanding performance on the stock market.
Preferred Candidate QUALIFICATIONS
To perform this job successfully, an individual must be able to perform each essential duty. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- Leadership experience.
- High attention to detail.
- Appetite for an environment focused on continuous improvement.
- Strong interpersonal skills and the ability to communicate with all levels of associates ranging from assembly technicians to senior management.
- Self-discipline and humility.
- Internship experience in field of study.
Minimum Requirements
- Bachelor's degree required. Finance or Accounting, preferred.
Scope and Impact of Position Responsibilities
An effective incumbent to the FP&A Leadership Development Program can directly and indirectly influence the accuracy of our reported income statement and balance sheet, the timeliness of achieving month end closing goals, and the overall success of the business.
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 Corporation("Regal Rexnord") is a leading manufacturer of electric motors, electrical motion controls, power generation and mechanical power transmission products and sub-systems, serving customers around the world in the general industrial, consumer, commercial construction, food & beverage, and alternative energy end markets, among others. Regal Rexnord sells its products and solutions to OEMs, through distributors, and directly to end-users. Regal Rexnord is a $7.2B company with 36,000 associates globally.
You may not know it, but Regal Rexnord impacts your life every day. The company's products enable the fans in HVAC systems that keep us comfortable; the power source that keeps smart buildings running; the agricultural and food service equipment that keeps us fed; and the conveyer systems that keep e-commerce flowing, to name a few of the applications where our products are used.
Regal Rexnord's business purpose is to create a better tomorrow by energy-efficiently converting power into motion. This means creating innovative solutions while focusing on both customer needs and the company's commitment to sustainability. The company's industrial powertrain and automation solutions offerings are an important part of the company's growth strategy. The company's strategy includes leveraging 80/20 to prioritize all activities, including product excellence, operational excellence and commercial excellence (i) driving organic sales growth through the introduction of innovative new products, with a particular focus on improving energy efficiency, (ii) establishing and maintaining new customers, as well as developing new opportunities with existing customers, (iii) participating in higher growth end markets and geographies, and (iv) identifying and consummating strategic, value creating acquisitions.
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 ("Regal Rexnord") 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.