Description
Accounting and Finance Intern
The goal of our internship program is to provide candidates a diverse, real-world experience in a variety accounting roles in our organization. Interns will work in one of 6 accounting roles, including Corporate Accounting , Segment Accounting, FP&A, Internal Audit. Interns will directly report to the leader of one those teams and have visibility and exposure to key Finance Leadership. Interns will be provided technical, soft-skill and on-the-job training. The internship program will last ~12 weeks (early June – late September).
Job Details:
Hybrid: at least 4x RTO in a month - might change depending on team meetings, company gatherings, etc.
Schedule: 3:00PM - 07:00PM
Responsibilities will be role-dependent, but may include:
• Assist in preparation of journal entries, account reconciliations, and financial statement analysis
• Perform required monthly balance sheet reconciliations, researching and resolving variances
• Monitoring of daily cash activities
• Consolidation and intercompany elimination process and investigation
• Support month end close activities
• Perform basic reconciliations and sanity checks on financial data.
• Provide SEC Reporting support - 10Ks, 10Qs, earnings releases, benefit plans and government surveys
• Support preparation of reports with data from various systems (e.g., Excel, OneStream, or similar). Learn how to navigate and obtain data from ERP systems.
• Maintain and update standard FP&A templates and trackers.
• Coordinate with team members for data requests and report preparation.
• Participate in projects to streamline and improve current financial processes using 80/20 and other continuous improvement principles
• Work to create efficiencies in the team’s existing supporting schedules through use
• Perform audit readiness visits to assess internal controls at select entities
• Assist entities with remediating audit findings/deficiencies
• Assist with special projects, as needed
Qualifications:
• Completion of at least two (2) major accounting subjects with a minimum grade of 90% (or its equivalent—e.g., 3.5 on a 4.0 scale, or approximately 1.75 on a 1.0–5.0 scale), and an overall general weighted average of at least 90% or its equivalent.
• Intent to pursue Bachelor’s degree in Accounting and CPA certification
• Strong written and verbal communication skills
• Experience working on team projects
• Curious mindset that proactively seeks understanding and feedback
• Strong working knowledge of Microsoft Office applications, including Excel, Word and PowerPoint
#LI-Hybrid
About Regal Rexnord
Regal Rexnord is a 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.
