Join to apply for the Financial Controller role at Nidec Motor Corporation1 week ago Be among the first 25 applicantsJoin to apply for the Financial Controller role at Nidec Motor CorporationGet AI-powered advice on this job and more exclusive features.Direct message the job poster from Nidec Motor CorporationSUMMARY OF ROLEPrimarily a business partner to the NIS business leader in USA, with dotted line to the NIS CFO and Group Controlling Director.
Lead local NIS BU controlling to optimize financial performance within the assigned NIS BU and all its activities.
Support effective business decisions by monitoring, analyzing, and interpreting financial data in order to evaluate various business alternatives and recommend the most appropriate business solutions.PRINCIPLE JOB RESPONSIBILITIESManage all controlling, accounting & reporting activities including Billing, Cost Accounting, Inventory Accounting, appropriate Revenue Recognition & tracking of NIS BU key performance indicators (KPIs); including sustained daily support to the operational & finance teams.Leadership of the local controlling & accounting team in ClevelandSupport to the country BU Leader in preparing reports for reviews with Group and Business Unit management teams and in maintaining the financial metrics appropriate for the business.
Support to the BU Leader on specific ad-hoc financial projects for NIS-A.
Involvement in weekly pre-S&OP and monthly S&OP meetings also necessaryContributes to the definition of the strategy for the NIS BU in US.
Serves as the key partner for the relevant business leader in determining strategy for area of responsibility, aligning with wider strategy, implementing, and adjusting strategy implementation as needed.
Maintains constant contact with relevant other managers and controllers regarding financial, market and customer situation and outlook.Constantly monitors and highlights new opportunities, critical points and issues based on insights, in order to contribute to assigned processes effectiveness and efficiency as well as competitive market advantage and stability, ensuring data accuracy and consistency on day-by-day basis.Monitoring & control of NIS A project costs, BU costs & driving necessary saving requirements, including ongoing optimization of overhead costs and lowering of the break-even point (e.g.
strict cost management, process optimization & automation, zero base budgeting, reorganization, lean administration)Coordinate and direct the preparation of the annual budget and monthly financial forecasts and monthly reported variances with Global NIS BU controlling.Assist with & oversee the preparation & publishing of timely monthly financial statements, including hands-on support of the month-end and year-end close process (local GAAP & IFRS).Coordinate & assist with the preparation of regulatory reporting.Research technical accounting issues for complianceEnsure quality control over financial transactions and financial reporting & assist withSupport compliance with local, reporting requirements and tax filings.Develop and document business processes and accounting policies to maintain and strengthen internal controls.Involvement in determination and documentation of internal transfer prices and the preparation of the corresponding studies / contractsAttendance (live/virtual) in regular meetings with NIS BU & Country management at country & global levelAdditional controller duties as necessary, responsibilities will also include financial risk management.REQUIRMENTS & EXPERIENCEProven working experience as a Financial Controller; including preparation of the Profit and Loss Account, Balance Sheet and the Cash Flow of the business unit, offering support to the operational activity through quantitative analysis, guidance and assistance to NIS team members from all departments to base their decisions on facts, evaluating the financial impact of their actions5+ years of overall combined accounting and finance experienceStrong Leadership skillsThorough knowledge of accounting principles and procedures especially in the production and Project business areaExperience with creating financial statementsExperience with general ledger functions and the month-end/year end close processProven accounting software knowledge in SAP ERP, Oracle, Cognos, Power BI beneficialKnowledge of MS Office, especially MS Excel, MS Power PointAbility & willingness to work in a matrix-like organizational environment, coordinating and guiding people towards an effective teamworking relationship regardless of their organizational level.Ability to proactively resolve changes occurring to NIS projects throughout the life cycle and to provide timely financial results determined by these changes.The employee has the obligation to ensure the safety, security and confidentiality of the data with which he operates and of the computer applications used to carry out his activity.EXTERNAL & INTERNAL RELATIONSHIPSExternal: Banks, local authorities, AuditorsInternal: Nidec at all levels (NIS A Country Organization, NIS Business Unit primarily controlling, accounting & reporting teams).TRAVEL REQUIREMENTSAreas: USA, GlobeFrequency: approx.15% of the working timeAdditional Job DetailsManagement – M4 Organizational Impact • Recommends tactical and operational strategies that will directly impact the achievement of overall business unit, department and/or job family group results • Directs the execution of strategies established by functional and/or executive leadership • Establishes operational plans for department and/or job family group with short- to mid-term impact on results (e.g., 1-3 years) • Work requires a high degree of responsibility for resources, and frequently influences business decisions made by senior leadership • Typically responsible for moderate revenue and/or expenditures in multiple areas or over multiple teams with moderate oversight, with signature authority Communication & Influence • Communicates with parties within and outside of own business unit, department, and/or job family, and typically has responsibilities for communicating with parties external to the job family group, which may include clients or partners • Works to influence others to accept job family group/business unit's view/practices and agree/accept new concepts, practices and approaches.
Requires ability to communicate with executive leadership regarding matters of significant importance to the organization • May conduct briefings with senior leaders within the business unit/job family group.
May at times be required to negotiate regarding operational issues Innovation & Complexity • Responsible for making significant improvements of processes, systems or products to enhance performance of business unit, department and/or job family group • Problems and issues faced are numerous and undefined, where information is typically difficult to obtain • Problems are frequently complex.
Problems typically impact multiple business units and/or job family groups • Problems are typically solved through drawing from extensive prior experience and analysis of issues Leadership & Talent Management • Manages a department or job family or a large team that includes multiple teams led by other people leaders • Responsible for creating workforce and staffing plans for department/job family group/team to ensure availability of talent necessary to accomplish departmental business results • Typically has hiring, firing, promotion and reward authority within own area, in accordance with Corporate Guidelines Knowledge & Experience • Requires advanced management and leadership knowledge to lead cross-department project teams or manage across multiple job family group • Typically has mastery within a specific technical or broad expertise across multiple related disciplines • Typically requires a bachelor's degree or equivalent professional certification and 10 years of prior relevant experienceSeniority levelSeniority levelMid-Senior levelEmployment typeEmployment typeFull-timeJob functionJob functionAccounting/AuditingIndustriesAppliances, Electrical, and Electronics ManufacturingReferrals increase your chances of interviewing at Nidec Motor Corporation by 2xGet notified about new Financial Controller jobs in Greater Cleveland.Greater Cleveland $100,000.00-$130,000.00 1 month agoCanton, OH $100,000.00-$130,000.00 1 week agoGreater Cleveland $105,000.00-$135,000.00 4 days agoCFO Americas | Strategy and Transformation Leader | $3B RevenueCleveland, OH $100,000.00-$120,000.00 6 days agoGreater Cleveland $160,000.00-$190,000.00 2 weeks agoCleveland, OH $90,000.00-$120,000.00 1 day agoAkron, OH $85,000.00-$110,000.00 2 weeks agoCleveland, OH $100,000.00-$130,000.00 2 days agoWe're unlocking community knowledge in a new way.
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