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Nidec Motor Corporation

Vice President, Finance

Job Posted 22 Days Ago Posted 22 Days Ago
In-Office or Remote
5 Locations
Senior level
In-Office or Remote
5 Locations
Senior level
The Vice President, Finance leads financial operations, drives strategic improvement, ensures accurate reporting, and mitigates financial risks at Nidec.
The summary above was generated by AI

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. 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

This position is responsible for leading the Accounting, Financial Reporting, Treasury, Insurance, Accounts Receivable, and Accounts Payable functions of the Nidec Americas Shared Service Center and serving as a trusted advisor to the global Nidec business.

Responsibilities include:

  • Be a key leader in supporting the long-term strategic plan for the shared service organization.
  • Lead change for standardization and automation of accounting and finance department processes to gain efficiencies.
  • Evaluate existing processes, identify opportunities for improvement (process, technology, staffing), and implement approved changes.
  • Develop and monitor KPIs to ensure effective and efficient shared service delivery.
  • Oversee general accounting, consolidations, financial reporting, fixed assets, treasury, risk management, accounts receivable, and accounts payable functions ensuring timely and accurate reporting and strong collaboration between teams.
  • Prepare annual budgets and supporting documentation, monitor adherence to budgets, and develop metrics to allocate shared service charges to supported business units.
  • Develop and maintain policies and systems to ensure records are maintained in accordance with IFRS.
  • Ensure all new accounting regulations are implemented throughout the group of companies.
  • Mitigate financial risks to the organization by monitoring adherence to the company’s internal controls.
  • Lead complex accounting transactions including accounting due diligence for acquisitions, purchase accounting, and implementation of new accounting regulations.
  • Collaborate cross functionally with key business stakeholders to drive improvements in shared services.
  • Attract, develop, engage and retain key talent. 
  • Provide environment for career growth and satisfaction.
  • Maintain the highest level of integrity.

Knowledge, Skills and Abilities:

  • Bachelor’s degree in accounting required.  MBA or master’s degree in related field preferred.
  • CPA license and Big 4 public experience preferred.
  • 15+ years of increasing responsibility in finance roles.
  • Ideal candidate will have prior experience overseeing accounting and finance-related functions.
  • Tax background a large plus.
  • Technical accounting expertise required.
  • Proven track record of leadership in finance and change management.
  • High standards of data accuracy, commitment, and integrity.
  • Excellent communication, analytical and organizational skills. Customer service-oriented focus. 
  • Excellent interpersonal skills, including the ability to solve problems using a team approach.  Must be able to work well with individuals at all levels of the organization as well as external consultants and auditors.
  • Strategic planning, project management and tactical implementation skills.
  • Ability to make decisions and meet demanding deadlines.

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.

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