Financial Analyst

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

Nidec is the world's No.1 comprehensive motor 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 Financial Analyst is a new and critical role within the organization and is responsible for a variety of tasks to support the BU Corporate requirements, and the sub-BU month-end close. This position has strong growth potential, and the successful candidate will gain exposure to all aspects of accounting and finance operations in manufacturing environment as well as working closely with the CFO to consolidate and analyze the total BU. This global role requires close collaboration with the Chicago team, as well as with teams in two plants in Mexico, the Engineering department in St. Louis, a Senior Analyst in Romania, and the BU CFO in the UK.

Responsibilities & Duties

• Support in the consolidation and analysis of the BU’s month end close/data collection
• Contribute to monthly and year-end close procedures at sub-BU including recording journal entries, calculating reserves and estimates, reconciling sub-ledger and general ledger accounts
• Support weekly efficiency reporting for manufacturing plants and support KPI reporting
• Review and update costing models for new customer quotes as needed
• Answer accounting and financial questions by researching and interpreting data
• Protect organization’s value by keeping information confidential
• Assist CFO and Director of Finance and other operational groups in special projects such as annual financial review (budget), inventory analysis, cost reduction, plant operation analysis
• Maintain compliance with all internal controls
• Support the CFO with weekly/monthly/quarterly corporate reporting needs
• Work on consolidated data for P&L and balance sheet, management adjustments and accrual calculations
• Create power point slides and graphical representations as needed
• Serve as backup for invoice processing and billing as needed (no prior experience required)

Knowledge, Skills, & Abilities

• Bachelor’s Degree (BS) in accounting and/or finance from four-year college or university
• 1-2 years of relevant experience
• Experience in daily accounting operations and cost accounting in a Manufacturing environment highly preferred
• Strong knowledge of the balance sheet, income statement, and cash flow, with an understanding of how transactions flow through each statement
• Experience of consolidated and multi-currency accounting an advantage
• High attention to detail and accuracy
• Ability to analyze large amounts of data and present clearly and concisely to management
• Strong Excel skills required (e.g., pivot tables, v-lookups, sum-ifs)
• Good skills with Power point and word required
• Advanced computer skills on MS Office and accounting software is required
• FourthShift (ERP) and BPC (Consolidations) experience preferred but not required
• Strong organizational skills as well as the capability to multi-task efficiently
• Eager to learn, be a self-starter, and proactive in prioritizing their own workload.
• Results oriented with a strong personal drive and the ability to effectively meet deadlines, especially during month end
• A team player; willing to work with others in the company to achieve an end result

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.