Talent.com
Director, Finance

Director, Finance

NidecCircle Pines, MN, US
30+ days ago
Job type
  • Full-time
Job description

Job Summary

As the leader of Finance for Drives Americas, the holder will drive business performance and the achievement of Business Plan targets, while maintaining tight financial controls, value add financial planning and analysis, and accurate reporting.

Job Description

Business Impact

  • Profitable business growth achievement of Business Plan targets
  • Accurate and timely financial reporting on a no-surprises basis.
  • Optimized trade working capital and consistent over performance against CCC targets for inventory, receivables and payables.
  • Excellent adherence to Nidec Accounting policies and IFRS

Specific Job Responsibilities

Business Performance

  • Joint ownership and responsibility for Drives Americas Business performance outcomes.
  • Aligned with the Nidec Drives Global Business, work with the Drives Americas leadership team to create and execute a business strategy that will deliver the desired business objectives.
  • Actively participate in the Nidec business planning cycle of Strategy Review, Profit Review and Financial review creating action plans to deliver results.
  • Create quarterly Game Plans for the Drives Americas sub-Business Segment to achieve quarterly OA targets.
  • Drive an agenda of cost optimization and profit maximization in the Drives Americas business.
  • Create Financial, Commercial and Operational objectives within the Drives Americas sub-Business Segment, measure performance and drive accountability.
  • Present and participate in sub-business segment BPR reviews.
  • Financial Planning and Analysis

  • Provides leadership and guidance to the FP&A team to ensure timely, accurate, and relevant financial analysis and forecasting on a daily, monthly, quarterly and annual basis to include : Sales revenue and order forecasting, Margin and profit forecasting, and Balance sheet and cash forecasting
  • Proactive use of forecasting analysis and business intelligence to drive business decisions.
  • Financial Reporting and Control

  • Lead the financial reporting activity for Nidec Drives Americas sub-business segment ensuring :
  • Reporting is on time within required deadlines.
  • Compliance with IFRS and Nidec Accounting policies.
  • Financials are materially accurate and representative of real business performance.
  • Reported financial data is presented in a way that aids understanding of the business and decision making.
  • Ensure that statutory financial reporting requirements and deadlines are met.
  • Ensure that a robust financial controls infrastructure is in place across the business segment that will prevent and detect fraud and
  • Be compliant with Nidec Control procedures and policies.
  • Support and manage the Nidec Drives internal and external audit program including SOX audit activity.
  • Working with IT, ownership of the Drives Americas Financial ERP systems and BCP reporting tool to ensure that they are functionally operative meet the needs of the business.
  • Ensure that an efficient and accurate costing process is in place and maintained.
  • Balance Sheet and Cash Management

  • Responsibility for the Nidec Drives Americas balance sheet and cash performance.
  • Set and cascade targets for key TWC / CCC drivers inventory, receivables and payables, aligned with Nidec Drives Global targets.
  • Develop and maintain a consistent and high functioning AR collections process.
  • Commercial Finance

  • Provide leadership. Guidance and support to the Sales organization on :
  • Product pricing.
  • Contract review, negotiation and approval.
  • Credit limit appraisal and approval using a risk-based approach.
  • Team Management

  • Provide leadership and guidance to your direct reports and wider Nidec Drives Finance team.
  • Encourage creative, transformational thinking combined with a winning (never give up) mindset.
  • Set objectives and monitor ongoing progress and performance.
  • Encourage strong communication between the Finance, other parts of the Nidec Drives team
  • Complete regular performance reviews, manage attendance, holidays, disciplinary issues and procedures as appropriate.
  • Authority and Decision Making

    This role is a budget holder within the Nidec Drives Organization, and has wider authority to approve financial and other transactions across the sub-business segment in line with the DOA.

    Additional Job Details

    Required Qualifications and Experience

  • Bachelor's degree in Accounting / Finance is required
  • CPA, CMA, and MBA is highly preferred.
  • 12 - 15 years experience in finance / accounting positions
  • Minimum 5 years of experience interfacing with and advising executive level managers.
  • Thorough knowledge of cost management techniques, financial modeling, financial control, financial analysis, financial reporting, and budgeting.
  • Superior management skills; ability to influence and engage direct and indirect reports and peers
  • Self-reliant, good problem solver, results oriented
  • Energetic, flexible, collaborative, and proactive; a team leader who can positively and productively impact both strategic and tactical finance and administration initiatives.
  • Exceptional written, verbal, interpersonal, and presentation skills. Experience with and ability to effectively communicate within all levels of an organization, including executive leadership
  • Ability to operate as an effective tactical as well as strategic thinker
  • Travel will be as required to meet business circumstances and objectives
  • USA - regular travel
  • UK and Europe - occasional travel (once per year)
  • 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 :

    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.

    Create a job alert for this search

    Director Finance • Circle Pines, MN, US

    Related jobs
    • Promoted
    Regional Managing Director

    Regional Managing Director

    PayItSaint Paul, MN, US
    Full-time
    GovTech company on a mission to modernize how residents interact and transact with government, improving the customer experience and helping our client agencies more efficiently and effectively ach...Show moreLast updated: 30+ days ago
    • Promoted
    Human Resources Business Partner

    Human Resources Business Partner

    Mate Precision TechnologiesAnoka, MN, United States
    Full-time
    The HR Business Partner is a key contributor to our Human Resources team and serves as a trusted partner to employees and leadership. This role covers a wide range of HR activities, including.The HR...Show moreLast updated: 5 days ago
    • Promoted
    Financial Representative Trainee (Sales) -Bloomington, MN

    Financial Representative Trainee (Sales) -Bloomington, MN

    Mutual of OmahaPrescott, WI, US
    Full-time
    Financial Representative Trainee (Sales) -Bloomington, MN.Sales, Early Career Programs, Financial Representative Trainee. Are you driven, self-motivated, and eager to jumpstart your career in the fi...Show moreLast updated: 30+ days ago
    Director- Wealth Advisory

    Director- Wealth Advisory

    Principal Financial Group, Inc.USA, Minnesota, Minneapolis
    Full-time +1
    We have a couple opportunities to drive sales activities for Principal Funds Distribution throughout a few regions : Dakotas and Minnesota, WI and the Upper Peninsula of MI; or Chicago.This position...Show moreLast updated: 23 days ago
    • Promoted
    Solution Architect – Finance OptiFi

    Solution Architect – Finance OptiFi

    Genesis10Eagan, MN, US
    Permanent +1
    Genesis10 is currently seeking a Solution Architect – Finance OptiFi for a 12 month contract role in the healthcare industry in Eagan, MN. Purpose : The main function of a Solution Architect is to de...Show moreLast updated: 3 days ago
    • Promoted
    Director, National Accounts & Field Reimbursement

    Director, National Accounts & Field Reimbursement

    CelcuityMinneapolis, MN, US
    Full-time
    Title : Director, National Accounts & Field Reimbursement.The Director of National Accounts will support the execution of market access strategies for Celcuitys first commercial product in late-...Show moreLast updated: 30+ days ago
    Director of Tax Strategy - Magnetic North Tax & Accounting

    Director of Tax Strategy - Magnetic North Tax & Accounting

    Kestra Financial Independent AdvisorMaple Grove, MN, US
    Full-time
    Quick Apply
    We’re building more than a tax practice—we’re building a financial planning powerhouse.At Magnetic North Tax & Accounting. Lead tax operations—preparation, planning, and strategy.Prepare and rev...Show moreLast updated: 30+ days ago
    • Promoted
    Tax Accountant - 2+ Yrs Paid Tax Experience Required

    Tax Accountant - 2+ Yrs Paid Tax Experience Required

    IntuitCedar, MN, United States
    Full-time
    Intuit is seeking highly motivated individuals to join our dynamic team as dedicated TurboTax Live Seasonal Local Service Experts in one of our new TurboTax locations across the United States on a ...Show moreLast updated: 5 days ago
    • Promoted
    Portfolio Director

    Portfolio Director

    Stuart CoMinneapolis, MN, United States
    Full-time
    We also offer student housing and senior housing campuses.If youre excited about this role but do not meet all the qualifications listed below, we encourage you to apply. The Portfolio Director will...Show moreLast updated: 5 days ago
    • Promoted
    Hospice Director, RN

    Hospice Director, RN

    Interim HealthCare of the Twin CitiesBurnsville, MN, US
    Full-time +1
    Work with our amazing Hospice staff to provide efficient and effective delivery of hospice care to our patients.Helps to ensure the Hospice program meets standards of quality and contributes to the...Show moreLast updated: 6 days ago
    • Promoted
    Managing Director - CFO Advisory Services

    Managing Director - CFO Advisory Services

    Keller Executive SearchMinneapolis, MN, United States
    Full-time
    Our client is a leading provider of CFO advisory, bill-pay, and comprehensive financial management solutions for Ultra High Net Worth Individuals (UHNWI). Their clients rely on them for strategic fi...Show moreLast updated: 30+ days ago
    • Promoted
    Tax Director - Mergers & Acquisitions (Private Equity)

    Tax Director - Mergers & Acquisitions (Private Equity)

    EisnerAmperMinneapolis, MN, United States
    Full-time
    At EisnerAmper, we look for individuals who welcome new ideas, encourage innovation, and are eager to make an impact.Whether you're starting out in your career or taking your next step as a seasone...Show moreLast updated: 22 days ago
    • Promoted
    • New!
    Tax Accountant - 2 Yrs Paid Tax Experience Required

    Tax Accountant - 2 Yrs Paid Tax Experience Required

    IntuitCedar, MN, US
    Full-time
    Overview Intuit is seeking highly motivated individuals to join our dynamic team as dedicated TurboTax Live Seasonal Local Service Experts in one of our new TurboTax locations across the United Sta...Show moreLast updated: 6 hours ago
    • Promoted
    Portfolio Director

    Portfolio Director

    StuartMinneapolis, MN, United States
    Full-time
    Description : StuartCo , founded in 1970, represents a diverse array of market-rate and affordable apartment and townhome options in popular urban and suburban locations. We also offer student housin...Show moreLast updated: 5 days ago
    • Promoted
    Director of Mortgage Banking

    Director of Mortgage Banking

    Minnwest BankFarmington, MN, United States
    Full-time
    Minnwest is a family owned, community bank based in Minnesota and South Dakota.We believe our success is measured by the extent in which we have a positive impact on the communities we serve.We are...Show moreLast updated: 1 day ago
    • Promoted
    • New!
    Care Manager, LTSS - Field travel in Polk & St. Croix Counties, WI

    Care Manager, LTSS - Field travel in Polk & St. Croix Counties, WI

    Molina Healthcareosceola, wi, us
    Full-time
    Molina Healthcare Services (HCS) works with members, providers and multidisciplinary team members to assess, facilitate, plan and coordinate an integrated delivery of care across the continuum, inc...Show moreLast updated: 9 hours ago
    Financial Planning & Analysis Director

    Financial Planning & Analysis Director

    DUKE CANNON SUPPLY COMinneapolis, MN, US
    Full-time
    Quick Apply
    Financial Planning & Analysis (FP&A) Director Duke Cannon Supply Co.CPG company that operates with an entrepreneurial mindset – and has become one of the fastest-growing brands in the...Show moreLast updated: 10 days ago
    Managing Director (FOS)

    Managing Director (FOS)

    Oxford Financial Group, Ltd.Minneapolis, MN, United States
    Full-time
    Quick Apply
    The Managing Director provides financial services to ultra-high-net-worth (UHNW) individuals and families, including financial planning, investment strategy and implementation.This individual will ...Show moreLast updated: 30+ days ago
    Assistant Life Enrichment (Activities) Director

    Assistant Life Enrichment (Activities) Director

    The MomentsLakeville, MN, US
    Full-time
    Quick Apply
    Are you passionate for seniors and those living with dementia? With this Life Enrichment Assistant Director position, you will be helping the Director lead a comprehensive team providing fun ...Show moreLast updated: 30+ days ago
    • Promoted
    Executive Director

    Executive Director

    Epiphany Senior HousingCoon Rapids, MN, United States
    Full-time
    Start a meaningful career as an Executive Director with Epiphany Senior Housing.Make a difference in someone's life every day. At Epiphany Senior Housing, we make our communities feel like a home fo...Show moreLast updated: 18 days ago