Finance Transformation Manager

• Work Model: This role can be performed remotely from an approved location, with flexibility based on business needs and applicable requirements.
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Power Management Division – Regal Rexnord

Location: Mexico – Remote

Geographic Scope: United States and Canada

Function: Finance

Reports To: Senior Director, Finance – Power Management Division (Division CFO)

Position Summary

The Finance Transformation Manager will lead the development, standardization and continuous improvement of financial processes, systems, tools and reporting capabilities across Regal Rexnord’s Power Management Division.

Working directly with the Division CFO and in close partnership with plant controllers, Operations, IT and Corporate Finance, this role will identify opportunities to simplify financial processes, improve data quality, strengthen financial controls, automate activities and enhance financial visibility across the division.

The position will play a key role in building a more efficient, standardized and data-driven finance organization, developing scalable tools and solutions that support financial planning, operational performance management, cost optimization, working capital improvement and strategic decision-making.

The successful candidate will combine strong finance and manufacturing knowledge with process improvement, analytical and technology capabilities. This is a hands-on transformation role, requiring the ability to identify problems, design solutions, develop practical tools and lead their implementation across multiple manufacturing locations in the United States and Canada.

Major Responsibilities

1. Finance Process Transformation and Standardization

• •Assess existing financial processes across business units and manufacturing sites, identifying inefficiencies, gaps, inconsistencies and opportunities for improvement.
• •Lead the redesign, simplification and standardization of core finance processes, including month-end closing, financial reporting, budgeting, forecasting, cost accounting and operational performance reviews.
• •Establish common processes, procedures, templates, guidelines and best practices across the division.
• •Develop standardized financial calendars, process documentation, workflows, ownership structures and accountability mechanisms.
• •Identify opportunities to eliminate manual activities, reduce duplication and improve process efficiency, accuracy and timeliness.
• •Drive continuous improvement initiatives in partnership with plant finance teams and operational leaders.

2. Financial Reporting, Analytics and Tools Development

• •Design, develop and implement financial reporting tools, dashboards and analytical solutions to improve financial visibility and decision-making.
• •Develop automated reporting capabilities, reducing reliance on manual Excel consolidation and repetitive reporting activities.
• •Build standardized financial performance dashboards covering revenue, profitability, gross margin, operating expenses, productivity, working capital, cash flow and other key financial and operational indicators.
• •Develop tools to support monthly financial reviews, forecasting, budgeting, variance analysis and management reporting.
• •Improve financial data accessibility, consistency, accuracy and transparency across business units and manufacturing locations.
• •Leverage technology, analytics and automation to transform financial information into actionable business insights.

3. Manufacturing Finance and Operational Performance

• •Partner with plant controllers and operations teams to improve financial processes and reporting at manufacturing locations.
• •Develop standardized tools and methodologies for manufacturing cost analysis, including material costs, labor, overhead absorption, production variances and manufacturing productivity.
• •Improve visibility into cost drivers, manufacturing variances, inventory performance and operational profitability.
• •Develop analytical tools to support productivity initiatives, cost reduction programs, manufacturing efficiency and margin improvement.
• •Support standardization of inventory analysis, excess and obsolete inventory monitoring, working capital management and cash conversion initiatives.
• •Enhance financial analysis supporting capital expenditures, return on investment and operational improvement initiatives.

4. Financial Planning and Performance Management

• •Support the Division CFO and FP&A organization in improving budgeting, forecasting and long-range financial planning processes.
• •Develop standardized financial models, forecasting tools, templates and analytical methodologies.
• •Improve the quality, consistency and accuracy of financial forecasts through better data, processes and analytical capabilities.
• •Develop tools to improve visibility into financial risks, opportunities, business trends and performance drivers.
• •Support the implementation of standardized business performance reviews across business units and manufacturing sites.
• •Strengthen financial accountability through improved KPI tracking, variance analysis and action follow-up.

5. Finance Systems, Automation and Digital Transformation

• •Identify and implement opportunities to automate financial processes using available technology and digital solutions.
• •Partner with IT, Corporate Finance and other technology teams to enhance ERP capabilities, financial reporting systems and data integration.
• •Support ERP enhancements, system implementations, process migrations and finance technology initiatives.
• •Develop practical solutions leveraging tools such as Microsoft Power BI, Power Query, Power Automate, Excel and other analytical platforms.
• •Explore opportunities to leverage artificial intelligence and emerging technologies to improve finance productivity, reporting and analytical capabilities.
• •Establish appropriate data governance, validation processes and controls to ensure the reliability and integrity of financial information.
• •Ensure solutions are scalable, sustainable, properly documented and aligned with corporate technology and security standards.

6. Change Management and Project Execution

• •Lead finance transformation projects from initial assessment and solution design through implementation and sustained adoption.
• •Develop transformation roadmaps, project plans, milestones and measurable deliverables.
• •Work closely with finance teams, plant leadership, operations and IT to ensure successful implementation of new processes and tools.
• •Facilitate workshops and working sessions to identify improvement opportunities and develop practical solutions.
• •Provide training, guidance and ongoing support to finance teams to ensure adoption of standardized processes and tools.
• •Monitor implementation progress, measure realized benefits and identify opportunities for further improvement.
• •Promote a culture of continuous improvement, accountability, collaboration and operational excellence aligned with the Regal Rexnord Business System (RBS).

Qualifications and Experience

Required Qualifications

• •Bachelor’s degree in Finance, Accounting, Business Administration, Industrial Engineering, Information Systems or a related field.
• •7+ years of progressive experience in finance, financial planning and analysis, manufacturing finance, finance transformation, process improvement or related disciplines.
• •Demonstrated experience leading financial process improvement, standardization, automation or transformation initiatives.
• •Strong understanding of core financial processes, including financial reporting, budgeting, forecasting, month-end close, cost accounting and financial performance management.
• •Experience working in a manufacturing or industrial environment, preferably supporting multiple plants or business units.
• •Demonstrated ability to develop financial models, analytical tools, reporting solutions and management dashboards.
• •Strong proficiency in Microsoft Excel and P