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Corporate Controller

Corporate Controller

Nidec Motor CorporationNorth America / USA / Illinois / Hoffman Estates, IL
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Job Summary

Nidec is the world's No.1 comprehensive motor and drive manufacturer handling "everything that spins and moves", miniature to gigantic. Nidec is a global enterprise comprised of over 300 subsidiaries / affiliates. We are a leading manufacturer of commercial motors, industrial motors, appliance motors, and controls. Nidec motors can be found in products that range from cell phones, computers and home appliances to industrial and mining equipment – and everything in between. Our product line features a full line of high efficiency motors for industrial applications in water treatment, mining, oil and gas, and power generation, and for commercial applications such as pool and spa, condensers, cooling towers and large refrigeration units.

From keeping us comfortable in our homes to pumping clean water to making our cars more safe, electric motors are an indispensable part of our daily lives. At Nidec, our employees are on the forefront of developing new motor technologies. As we move deeper into the age of robotics, the impact of motors will only increase.

With over 140,000 employees stationed worldwide, Nidec continues to be a unique organization, and each location maintains its individual personality.

Job Description

The Motion & Energy (MOEN) Corporate Controller reports directly to the VP of MOEN Finance Competency & Improvement and indirectly to the MOEN Chief Financial Officer, serving as a vital link between the company’s financial and executive teams. The ideal candidate will possess strong communication skills to effectively convey financial insights to senior management, and the ability to build strong relationships with key stakeholders.

The Corporate Controller will help manage the company’s accounting tasks, ensuring accuracy, compliance, and adherence to financial regulations and reporting requirements. Additionally, this role will serve as the FP&A Controller, responsible for forecasting and managing the planning and budgeting cycles.

A successful MOEN Corporate Controller candidate will have various prerequisite skills and qualifications will include :

  • A practical understanding of management accounting principles and techniques
  • Solid knowledge of standard accountancy and finance best practices
  • Solid IT skills, including proficiency in the relevant accounting packages
  • Strong analytical skills to effectively analyze financial reports
  • In-depth knowledge of budgeting and financial forecasting
  • Possess a bachelor’s a degree in accounting, economics, finance or a related field. A master’s qualification, such as a master’s in business administration (MBA) or a master’s degree in accounting is desirable, have a recognized professional accountancy qualification from a professional institution.

Primary Responsibilities

  • Work closely with the NAHC Shared Service consolidation team ensuring all accounting tasks follow financial regulations and reporting requirements to keep the company in compliance with Nidec group reporting CP&P
  • Assist in the preparation of annual budgets, monthly rolling forecasts, and long-range financial plans.
  • Develop and maintain financial models for various business units and projects.
  • Analyze financial data to identify trends, variances, and opportunities for improvement.
  • Collaborate with cross-functional teams to gather relevant information for financial analysis.
  • Support the monthly financial reporting process, including variance analysis and management reporting.
  • Prepare ad-hoc financial analyses and reports as needed to support decision-making.
  • Assist in the evaluation of potential investments, mergers, and acquisitions.
  • Continuously improve financial processes and systems to enhance efficiency and accuracy.
  • Work closely with the group consolidation administrator to ensure the group consolidation tool is in line with MOEN group reporting needs including ensuring managerial segmental hierarchies are in place and efficient.
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    Corporate Controller • North America/USA/Illinois/Hoffman Estates, IL