Director Finance

Nidec Motor Corporation
United States, New York, East Syracuse
6268 East Molloy Road (Show on map)
Nov 10, 2024
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 The role is that of business partner to the Drive Systems (TRACTION) executive team and other stakeholders, offering strategic financial insight into business decisions to drive top line growth and performance, financial management, new business initiatives and related outputs that are focused on sustainable and profitable business growth. Job Description Manage Ongoing Revenue Analytics Lead the month-end, quarter-end, and year-end reporting requirements in accordance with approved deadlines Derive insights from reports on trends of the Traction BU and patterns to influence key business decisions Ensure data integrity and consistency of information presented Manage and drive robust and accurate product costing that drives growth and assists with deal closing Drive revenue management and lead investment decisions Create financial models that assist business leaders to make appropriate revenue generating and management decisions Manage the Budgeting Cycle, adherence to Budgets and Forecasting Lead the production of key business drivers for use in strategic planning, annual budgeting, and monthly and quarterly forecasting Keep all stakeholders informed of their approved budgets and assist with expense management to adhere to approved budgets Assist departments that require improvement in accuracy of forecasting Align with and assist with S&OP forecasting to reduce cost inefficiencies Ensure that the finance team is aligned to the deadlines and drive accuracy of inputs Manage the day-to-day accounting functions to ensure accuracy and proactive problem solving to effectively manage cash flow Drive Continuous Improvement in all Finance Processes Review all processes to identify bottlenecks and backlogs that affect business performance Implement process improvements at every process stage where necessary Ensure appropriate change management with new processes or process improvements throughout the TRACTION business if necessary Ensure stress testing of new processes before implementation to manage any risks to month-end, quarter-end, and year-end closing Business Partnering to Influence Business Lead and facilitate stakeholder financial decision making Partner with Sales, Product, Engineering and Plant leaders to influence their decision-making ensuring alignment to the TRACTION strategy and financial targets Assist the leaders with financial strategies to drive growth and the execution of thereof Leading and Managing People Inculcate a culture of high performance through implementing robust performance management Ensure all team members have performance contracts aligned to the Traction strategy for the financial year Ensure performance feedback is given regularly and performance coaching is in place to close gaps Create a culture of continuous learning by ensuring all team members have individual development plans Implement day to day tracking of actions to encourage responsiveness and adherence to quality and quantity standards for Traction BU REQUIRED QUALIFICATIONS AND EXPERIENCE Proficiency in accounting software Strong aptitude for math Excellent verbal and written communication skills Strong analytical skills Exceptional knowledge of accounting principles High attention to detail Ability to prioritize and align task list accordingly Exceptional understanding of material, production and supply chain system and cost impact Strong ability to work independently and drive results Ability to influence at all management levels Ability to work collaboratively in a cross-functional matrix structure Action Oriented Excellent relevant IT skills and technology driven Excellent leadership and management skills PREFERRED Manufacturing Accounting experience Travel Travel is expected - 15%. Education and Qualifications - Bachelor's degree in accounting or finance 15 years relevant experience Range: 125K-170K DOE Additional Job Details Equal Employment Opportunity and Affirmative Action at Nidec Nidec is an Equal Employment Opportunity (EEO) and Affirmative Action Employer encouraging diversity in the workplace. All qualified applicants receive consideration for employment without regard to their age, gender, gender identity, sexual orientation, race, color, genetic information, religious creed, national origin, physical or mental disability, protected veteran status, or any other characteristic protected by law. For more information regarding your (EEO) rights as an applicant, please visit the following website: http://www1.eeoc.gov/employers/upload/eeoc_self_print_poster.pdf No Soliciting Nidec will not accept unsolicited resumes from individual recruiters or third party recruiting agencies in response to Nidec job postings. No fee will be paid to third parties who submit unsolicited candidates directly to our hiring managers. Pre-approval from the Nidec Talent Acquisition team is required before any external candidate can be submitted and such candidate must be submitted to the Nidec Talent Acquisition team.