Manager I, Accounting

Regal Rexnord

  • Manila City, Metro Manila
  • Permanent
  • Full-time
  • 1 month ago
Position Summary:Manages financial risks, financial planning and forecasting within a specific business unit or function including compliance with all financial record-keeping requirements. May also manage other finance disciplines including general accounting. Provides hiring, promotion and disciplinary action recommendations, as well as performance evaluation and feedback for direct reports.Major Responsibilities:
  • Manages general accounting function(s) and team responsible for the preparation of reports and statistics reflecting earnings, profits, cash balances, and other financial results for a plant or business.
  • Manages team responsible for the close process including balance sheets, profit and loss statements. May be responsible for closing capital/fixed asset sub-ledgers and other responsibilities associated with capital/fixed assets.
  • May manage accountants responsible for cost accounting and/or fixed asset accounting activities. May lead cost accounting and/or fixed asset accounting projects at various times of year.
  • Implements processes and controls to ensure compliance with statutory regulations and Corporate accounting standards/policies.
  • Makes recommendations to drive business strategy and results. Leads projects in targeted improvement areas.
Team Responsibilities Specifics:
  • Manage and oversee the daily operation of the accounting department including but not limited to:
o Preparing monthly, quarterly and annual statutory reports
o Preparing financial statements and related schedules
o Preparing relevant documents for BIR filings and assessments
o Preparing monthly trial balance and Bank reconciliations
o Responsible in the monthly and annual closing of the books
o Preparing and processing of payroll
o Month and year-end process
o Accounts payable/receivable
o Cash receipts
o General ledger
o Treasury
o Cash forecasting
o Revenue and expenditure variance analysis
o Capital assets reconciliation
o Trust account statement reconciliations
o Check runs
o Fixed asset activity
o Debt activity
  • Monitor and analyze accounting data and produce financial reports or statements
  • Establish and enforce proper accounting methods, policies and principles
  • Coordinate and complete accounting audits
  • Ensure accuracy and completeness in the output of accounting staff
  • Ensure the accuracy of company ledger
  • Collaborates with management and department heads to resolve accounting-related issues
  • Improve systems and procedures and initiate corrective actions
  • Meet financial accounting objectives
Required Education / Experience / Skills:
  • Bachelor’s degree in Accounting, Finance, or related field. CPA Required.
  • Experience in Management, Accounting, or related field may be preferred.
  • Excellent leadership and communication skills.
  • Strong understanding of accounting, finance, and management principles.
  • Exceptional math skills.
  • Proficiency with computers, especially bookkeeping software and MS Office.
  • High level of efficiency and accuracy.
  • Willingness to comply with all local, state, federal, and company regulations.
  • Attention to detail and ability to analyze large amounts of data.
Travel: As needed
Language: EnglishAbout Regal RexnordRegal 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.

Regal Rexnord

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