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Finance & Accounting Intern
Career Insights for Accountant (General)
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What they do
An Accountant organizes and maintains financial records and prepares financial statements for companies and organizations. Works as a public accountant (prepares financial documents where public disclosure is required by law, such as business balance sheets and tax returns), management accountant (prepares financial information for internal use by a company) or government accountant (maintains records for government agencies).
$79,746 / year median in the U.S.
-16% projected decline
Job Description
Job Details Work Model:
This role can be performed remotely from an approved location, with flexibility based on business needs and applicable requirements.OVERVIEW AND SCOPE OF INTERNSHIP PROGRAM
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. The summer internship program will last 12 weeks (May 18, 2026 - August 7, 2026). 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.KEY 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. In addition, interns will be assigned day-to-day responsibilities, which will be role-dependent, but may include:- 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
EDUCATION, EXPERIENCE & QUALIFICATIONS
- Intent to pursue Bachelor's degree in Accounting or Finance
- Intent to pursue CPA preferred
- Completion of at least 2 accounting or finance classes
- GPA of at least 3.0
- 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
- Prior work experience in college or high school TRAVEL
- Limited travel (under 10%) 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.