Position Summary:
For North America Businesses - The person shall be responsible for the daily processing and reconciliation of payments received from customers via online banking resource into the ERP system of the Regal Rexnord business units supported. Ensures that appropriate classification of charge back, discount, write-off, adjustments, miscellaneous checks, etc. are keyed in accordingly. He/she would also be responsible for check banking, debit/credit note processing, offsetting and netting application. The person would also handle month end reporting such as but not limited to, Intercompany SOA, Interco confirmation, AR aging, Bank recon (receipts) clearing and Collection report. In addition, he/she will be responsible for customer service activities such as coordination/communication with client business units or with counterpart team offshore regarding issues delaying payment application or any discrepancy found to his/her counterpart or Credit and Collection Department. Maintains all accounts receivable files, follows up on exceptions beyond certain parameters. Perform other duties as may be assigned. Adheres to business unit’s defined metrics.
Major Responsibilities:
Education: Bachelor’s Degree preferably in Accounting or Finance
Job Related Experience: Preferably with at least 5 years working experience, 2 years of which should be in accounts receivable processing using banking software
Specific Knowledge/Skills:
Travel: none
Language: English
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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.