Senior Project Finance Analyst

Regal Rexnord•Arlington, TX

1d•Hybrid

About The Position

As a Senior Project Finance Analyst, you will be responsible for the financial management and performance of a portfolio of projects within Regal Rexnord’s Power Management Systems division. You will partner closely with Project Managers, Operations, Commercial, Supply Chain, and Finance leadership to ensure strong financial execution throughout the project lifecycle. You will serve as a key financial business partner to project teams, providing financial insight, challenging assumptions, identifying risks and opportunities, and supporting informed business decisions. The role owns project financial performance, including revenue, margin, costs, cash flow, billing, and balance sheet activities. It is suited to a finance professional who enjoys working close to the business, has strong analytical and problem-solving skills, and is comfortable in a dynamic, project-driven environment. The position is based at Regal Rexnord’s Arlington, Texas facility and follows a hybrid work arrangement: three days onsite and up to two days working remotely per week.

Requirements

Bachelor’s degree in Finance, Accounting, Business, or a related discipline.
Minimum 3–5 years of progressive experience in finance, accounting, project finance, FP&A, or controllership.
Strong financial and analytical skills, including the ability to understand and explain business performance.
Strong understanding of financial statements, including P&L and balance sheet.
Experience with forecasting, budgeting, variance analysis, and financial reporting.
Strong problem-solving skills and ability to independently identify and resolve issues while managing multiple priorities and projects simultaneously.

Nice To Haves

Experience working in project-based businesses, manufacturing, industrial, engineering, or similar environments.
Experience in project finance, project accounting, or project controlling.
Experience with project-based revenue recognition and accounting.
Experience working directly with Project Managers, Operations, Commercial, and Engineering teams.
Experience with SAP, including project-related financial modules.
Power BI knowledge.

Responsibilities

Own the financial management of an assigned portfolio of projects from setup through completion and closeout.
Manage project P&L and balance sheet performance, including revenue, gross margin, costs, reserves, working capital, and cash flow.
Monitor project financial indicators and provide timely visibility to project leadership and Finance management.
Partner with Project Managers to assess performance, challenge assumptions, and identify actions needed to meet financial commitments.
Analyze actual results against budget, forecast, and prior expectations; investigate significant variances and drive corrective actions.
Maintain timely, accurate project forecasts, including cost-to-complete and estimate-at-completion updates.
Identify, quantify, and monitor project risks and opportunities and their potential impacts on revenue, margin, cash flow, and completion.
Ensure risks and opportunities are reflected appropriately in forecasts and financial reporting; provide analysis and recommendations to support project decisions.
Manage financial close activities for assigned projects in accordance with company policies and applicable accounting standards.
Ensure accurate and complete project results, including revenue recognition, costs, accruals, reserves, and balance sheet accounts.
Prepare and communicate financial reporting and analysis for project and business reviews.
Monitor project billing and ensure invoices are accurate and comply with contractual requirements.
Work with Project Management, Commercial, Accounts Receivable, and customers to resolve billing issues and support timely cash collection.
Monitor project working capital and identify opportunities to improve cash flow.
Act as a finance partner to Project Management and Operations, translating financial information into business insights and actionable recommendations.
Identify opportunities to improve financial visibility, controls, efficiency, processes, and decision-making; participate in finance transformation and continuous improvement initiatives.
Support the implementation and effective use of financial systems, tools, and reporting processes.
Support internal and external audits by providing project financial documentation and explanations.
Ensure compliance with company policies, internal controls, and accounting requirements; identify control weaknesses and support corrective actions.