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Nidec Motor Corporation Financial Controller in Independence, Ohio

We begin with dreams. Dreams drive our motivation. Dreams are our future. The world's dreams, people's dreams, our dreams. Our passion creates ideas that make dreams come alive. Technology and products that were only dreams become reality. All for dreams. Dreams challenge and the Nidec-Group will continue to meet the challenge. For the world's and people's tomorrows; the world's first, the world's best technologies and products; we will continue our part in creating a better society. Job Summary SUMMARY OF ROLE Primarily 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. Job Description


PRINCIPLE JOB RESPONSIBILITIES - Manage 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 Cleveland Support 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 necessary Contributes 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 compliance Ensure quality control over financial transactions and financial reporting & assist with Support 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 / contracts Attendance (live/virtual) in regular meetings with NIS BU & Country management at country & global level Additional controller duties as necessary, responsibilities will also include financial risk management

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