Accounting & Finance Summer Internship

Regal Rexnord • Milwaukee, WI

1d • Hybrid

About The Position

At Regal Rexnord, we are committed to investing in our associates as we understand that a company is successful when its associates are successful. The goal of our Finance & Accounting internship program is to provide candidates with a diverse, real-world experience in various accounting and finance roles and to develop future leaders in our organization. Interns will be assigned a role in one of the Finance teams in our organization, which may include Corporate Accounting & Consolidations, Segment Accounting, Business Unit Accounting (working in one of our manufacturing plants), Controls & Compliance, Financial Systems, Accounting Policy & External Financial Reporting, FP&A, Internal Audit, Tax, & Treasury. Interns will directly report to the leader of one those teams and have visibility and exposure to key Finance Leadership, including the Senior VP and Chief Accounting Officer, VP of Internal Audit Segment CFOs, VP of Tax, VP of Corporate FP&A, Segment Controllers, Treasury Senior Director, among others. Interns will be provided technical, soft-skill and on-the-job training. Candidates that advance in our internship program may be offered full-time roles in a 2-year rotational program that will provide them the full spectrum of accounting experience in a $6 billion publicly-traded diversified global manufacturing company. At the end of the 2-year rotational program, candidates will be placed in permanent role in one of the rotational program teams.

Requirements

• Intent to pursue Bachelor’s degree in Accounting or Finance
• Completion of at least 2 accounting or finance classes prior to start date
• GPA of at least 3.0
• Strong written and verbal communication skills
• Experience working on team projects
• Strong working knowledge of Microsoft Office applications, including Excel, Word and PowerPoint
• Candidates must be eligible to work in the United States without requiring company sponsorship to obtain or keep U.S. work authorization.

Nice To Haves

• Intent to pursue CPA preferred
• Prior work experience in college or high school
• Curious mindset that proactively seeks understanding and feedback

Responsibilities

• All interns will participate in a group and individual intern project and present learnings and achievements to Sr. Finance Leadership at the conclusion of those projects.
• Preparing monthly journal entries, reviewing general ledger for accuracy and proper recording of transactions
• Performing required monthly balance sheet reconciliations, researching and resolving variances
• Assisting with preparation of monthly forecasts and related deliverables utilized by Sr. Leadership
• Performing trend and other analysis for key performance metrics, such as orders sales, gross profit margin, EBITDA and working capital metrics, and presenting findings and insights to Sr. Leadership
• Participating in balance sheet reviews and/or internal audits for entities across the organization
• Assisting entities with remediating audit findings/deficiencies
• Assisting with the preparation of the financial statements, footnotes and schedules included in the Company’s Form 10-Q and earnings release
• Preparing monthly and quarterly balance sheet and income statement analytics
• Assisting in the preparation of tax returns and other income and non-income tax related deliverables
• Performing cash position and other treasury-related analysis
• Learning how to navigate and leverage the Company’s various financial systems, including OneStream, Blackline, Audit Board, G-Treasury and various ERP systems
• Assisting with data requests from various stakeholders, including FP&A, treasury, internal and external audit
• Providing data as requested to internal and external auditors for the segment
• Participating in projects to streamline and improve current financial processes using 80/20 and other continuous improvement principles
• Assist with special projects, as needed

Benefits

• Gain real-world experience supporting communications for a global industrial technology company.
• Work on meaningful projects that have visibility across the organization.
• Receive mentorship and guidance from experienced professionals.
• Develop highly transferable skills that will strengthen your future career opportunities.
• Collaborate with talented teams committed to innovation, growth, and continuous improvement.
• Enjoy a flexible hybrid work environment that balances in-office collaboration with remote work.

What This Job Offers

• Career Level: Intern