Finanacial Analyst

Nidec Motor Corporation
  • St. Charles, IL
    2 days ago

    Job Description

    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

    Objective

    The Financial Analyst is responsible for supporting financial planning, reporting, and analytical functions and activities as assigned which includes forecasting, budgeting, strategic planning and ad hoc analysis. This position is responsible for recommending, implementing and maintaining appropriate financial and administrative systems and processes.

    Job Description

    As a world leader in sensing and control technology, we control the most discrete functions within an automobile - from seat switches, power window switches, and instrument panel controls, towards complex user interfaces. NMOA is directly involved with automotive OEM's and holds a leadership position within Nidec for product development with global vehicle makers.

    Essential Responsibilities

    • Oversight of accounts receivable team.
    • Prepare and present timely/accurate financial information to management / auditors by summarizing data to communicate results in compliance with regulations and stakeholder expectations.
    • Partner with stakeholders to drive financial performance that aligns to organizational goals and strategies.
    • Support completion of detailed financial statement forecasts for appropriate periods and scenarios as required, including supplemental forecasting of cash, earnings, tax positions, and similar items.
    • Ensure compliance with corporate policies, and local and statutory accounting standards, maintain and where necessary strengthen internal controls.
    • Prepare statistical reporting, including financial performance, variance explanations, and cost analysis as required.
    • Support developing, testing, and implementation of financial technologies and solutions.
    • Collaborate / Communicate with key business stakeholders who have varying financial knowledge, to gather and refine project definitions, process improvements, requirements, use cases, then assess the accounting requirements and objectives to determine the implications on the business.
    • Ensure integrity of financial data by investigating variances and determining corrective actions to resolve identified issues, then creating processes to validate data systems for accuracy.
    • Conduct thorough financial analysis of strategic initiatives; and evaluate the financial impact of proposed transactions and provide insights to support strategic decision-making.
    • Make data-driven recommendations for process improvements, cost savings, and revenue enhancements based on trend analysis.
    • Support developing a full-year forecast and work with Sr. Accounting Group Manager to manage the AOP (Annual Operating Plan) process; communicate functional targets, timelines and deliverables.
    • Support Month End/Year End Close activities
    • Create and maintain training documentation for solutions implemented by the team to ensure effective knowledge transfer and user adoption.
    • Keep Company information confidential.

    Education, Experience & Qualifications:

    • Associates / Bachelor's degree in Finance, Accounting, or a related field; MBA
    • 5+ years' work experience as Financial Analyst, Program Management, or Cost Management
    • Strong mathematical / statistical acumen
    • Results oriented with a strong work initiative
    • Proven experience in a multi-location manufacturing business, a plus.
    • Advanced skills in MS Office (Excel, PowerPoint, Word, etc.) is required.
    • Experience with Data Analytics tools or creating dashboards via Excel.
    • Experience with ERP Systems (QAD a plus)
    • Experience with SQL and relational databases
    • Integrated Business Planning (IBP) or Sales & Operations Planning (S&OP) experience, a plus

    Knowledge/Skills/Abilities

    • US Generally Accepted Accounting Principles - Ability to evaluate US accounting standards to record transactions in compliance with requirements and company policies
    • Financial Reporting - Ability to analyze financial data by evaluating results and solutions to support business decisions.
    • Financial Analysis - Ability to interpret financial data by analyzing trends, variances, opportunities and risks to provide insight to stakeholders regarding financial impact to drive business improvement.
    • Action oriented - Ability to take on new opportunities and tough challenges with a sense of urgency, high energy, and enthusiasm.
    • Collaborative - Ability to build partnerships and working collaboratively with others to meet shared objectives.
    • Communicates effectively - Ability to develop / deliver multi-mode communications that convey a clear understanding of the unique needs of different audiences.
    • Optimizes work processes - Ability to identify/implement the most effective/efficient processes to get things done with a focus on continual improvement.
    • Strategic thinking
    • Excellent communication and presentation skills, with the ability to convey complex financial concepts to non-financial stakeholders
    • Strong interpersonal, influence, persuasion skills with the ability to coordinate cross-functional teams.
    • Familiarity with MRP systems and solid program management skills are preferred.
    • Strong attention to detail with strong problem solving ability.
    • Ability to manage multiple project with tight deadlines.
    • Strong financial, analytical, and organization acumen
    • Indirect or direct proven leadership experience
    • Advanced Microsoft Office Excel (pivot tables / formulas), Word, PowerPoint, Gmail, Google Meeting skills required

    Additional Job Details

    Professional - P2 Organizational Impact • Works to achieve operational, functional, and/or business targets within team with direct and indirect impact on departmental or job family results • Intermediate-level professional; generally works independently under moderate supervision and may seek advice of more senior employees in the same area • Works on smaller, less complex projects/assignments Communication & Influence • Communicates with employees typically within the department and/or job family, explaining and interpreting matters related to the department; may communicate with external clients or partners depending upon the job area • May influence employees within own job area at an operational level Innovation & Complexity • Responsible for making minor improvements of processes, procedures, or systems to contribute to the performance of the team • Problems faced may be difficult but are not complex and typically involve consideration of multiple issues and impact job family and/or multiple teams Leadership & Talent Management • May provide guidance, help with training and review work of entry-level employees • May lead parts of less complex projects or processes Knowledge & Experience • Requires practical theoretical job knowledge and demonstrated competence within team typically obtained through advanced education and relevant experience • Typically requires a bachelor's degree or equivalent experience and minimum 2 years of relevant experience

    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

    Work Shift Schedule

    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.

    Numbers & Facts

    LocationSt. Charles, IL

    Skills

    • Accountingunmatched
    • Accounting Standards and Regulationsunmatched
    • Accounts Receivableunmatched
    • Analysis Skillsunmatched
    • Budgetingunmatched
    • Business Administrationunmatched
    • Business Planunmatched
    • Business Strategyunmatched
    • Business Supportunmatched
    • Communication Skillsunmatched
    • Computer Networksunmatched
    • Continuous Improvementunmatched
    • Corporate Policiesunmatched
    • Corrective Actionunmatched
    • Cost Analysisunmatched
    • Cost Controlunmatched
    • Cross-Functionalunmatched
    • Customer Acquisitionunmatched
    • Data Analysisunmatched
    • Data Qualityunmatched
    • Decision Supportunmatched
    • Detail Orientedunmatched
    • Documentationunmatched
    • ERP (Enterprise Resource Planning)unmatched
    • Financeunmatched
    • Financial Administrationunmatched
    • Financial Analysisunmatched
    • Financial Planning and Analysis (FP&A)unmatched
    • Financial Reportingunmatched
    • Financial Statementsunmatched
    • Financial Systemsunmatched
    • Financial Trend Analysisunmatched
    • Forecastingunmatched
    • Generally Accepted Accounting Principles (GAAP)unmatched
    • Google Appsunmatched
    • Identify Issuesunmatched
    • Interpersonal Skillsunmatched
    • Knowledge Transferunmatched
    • Leadershipunmatched
    • Maintain Complianceunmatched
    • Manufacturingunmatched
    • Mathematicsunmatched
    • Mfg/PROunmatched
    • Microsoft Excelunmatched
    • Microsoft Officeunmatched
    • Microsoft PowerPointunmatched
    • Microsoft Wordunmatched
    • OEM (Original Equipment Manufacturer)unmatched
    • Operations Planningunmatched
    • Operations Processesunmatched
    • Organizational Skillsunmatched
    • People Managementunmatched
    • Persuasion Skillsunmatched
    • Pivot Tablesunmatched
    • Presentation/Verbal Skillsunmatched
    • Problem Solving Skillsunmatched
    • Procedure Developmentunmatched
    • Process Costingunmatched
    • Process Developmentunmatched
    • Process Improvementunmatched
    • Product Developmentunmatched
    • Project/Program Managementunmatched
    • Recruiting/Staffing Agencyunmatched
    • Regulatory Complianceunmatched
    • Relational Databases (RDBMS)unmatched
    • Reporting Dashboardsunmatched
    • Reporting Skillsunmatched
    • Requirements Managementunmatched
    • SQL Databasesunmatched
    • Sales & Operations Process (S&OP)unmatched
    • Sales Operationsunmatched
    • Statistical Reportsunmatched
    • Strategic Analysisunmatched
    • Strategic Planningunmatched
    • System Validationunmatched
    • Talent Managementunmatched
    • Team Lead/Managerunmatched
    • Team Playerunmatched
    • Test Plan/Scheduleunmatched
    • Time Managementunmatched
    • Trend Analysisunmatched
    • Use Casesunmatched
    • User Interface/Experience (UI/UX)unmatched
    • Variance Analysisunmatched

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