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Chief Financial Officer
Chief Financial OfficerNidec Motor Corporation • North America/USA/Illinois/Hoffman Estates, IL
Chief Financial Officer

Chief Financial Officer

Nidec Motor Corporation • North America / USA / Illinois / Hoffman Estates, IL
[job_card.30_days_ago]
[job_preview.job_type]
  • [job_card.full_time]
[job_card.job_description]

Job Summary

The CFO for the Traction Business Unit will be a strategic business partner to the BU President and an integral member of the leadership team. The role is accountable for the full spectrum of financial leadership including planning, budgeting, forecasting, financial reporting, internal controls, compliance, and driving business performance across global operations. This individual will also work with the Motion platform CFO and MOEN CFO to ensure consistency in financial strategy across the organization.

Job Description

The Chief Financial Officer, Business Unit Segment will direct and oversee the financial activities of the business unit segment, direct the preparation of current financial reports and summaries, and create forecasts predicting future growth.

CFO, Business Unit Segment is responsible for managing or performing work across multiple areas of finance, including financial planning & analysis, financial control, accounting, tax, treasury, accounts payable / receivable, and credit & collections. Activities include financial transaction / data entry, financial data verification, financial records maintenance, and compiling / maintaining ad-hoc financial information. This job typically manages multiple teams led by Senior Managers and Managers. May be a Country Department Head. Responsibilities typically include :

  • Ownership of short to mid-term (1-3 years) strategy execution and operational direction in alignment with parent / corporate organization objectives.
  • Decisions have a serious impact on the overall success or failure on area of accountability.
  • Interacts with executive leadership and others concerning matters of significance to the organization.

Qualifications :

  • Bachelor’s degree in Finance, Accounting, Economics, or related field (Master’s or MBA preferred)
  • CPA, CMA, or equivalent certification strongly preferred
  • 15+ years of progressive finance leadership experience, ideally in industrial, manufacturing, or engineering-driven businesses
  • Proven experience managing P&L in a global, matrixed organization
  • Experience in reviewing the balance sheet, identifying trends, potential risks, and areas of concern that need to be addressed with the regions
  • Effective cashflow forecasting, through managing working capital (accounts receivable and payable), and implementing strategies to optimize cash flow to ensure business targets are met, including executing Inventory targets
  • Strong business acumen and ability to influence cross-functional teams
  • Results-oriented with high achiever motivation
  • Excellent communication, analytical, and leadership skills
  • Experience with ERP systems (e.g., SAP, Oracle) and financial planning tools
  • Strong adaptability to multiple cultures
  • Willingness to travel up to 50% of the time

    • Languages :

  • English mandatory. Other language skills are helpful.

    • Additional Job Details

    SPECIFIC JOB RESPONSIBILITIES

  • Collaborate with the Traction management team to shape and drive business strategy, investments, and profitable growth
  • Provide financial insights and decision support to ensure the delivery of financial targets
  • Lead annual budgeting, strategic planning, and monthly / quarterly forecasting processes
  • Monitor financial performance against targets, and proactively identify risks and opportunities
  • Ensure timely and accurate financial reporting in line with US GAAP and company policies.
  • Oversee global consolidation of financial results for the BU
  • Drive cost optimization, working capital improvement, and margin enhancement initiatives
  • Partner with operations and supply chain to optimize asset utilization and capital expenditures
  • Ensure compliance with internal control standards, audit requirements, and regulatory guidelines
  • Maintain robust governance and risk management practices across global sites
  • Serve as the financial liaison between the BU and MOTION / MOEN finance leadership
  • Effectively communicate financial results and strategic insights to both BU and platform stakeholders
  • Lead and develop a high-performing global finance team
  • Promote a culture of accountability, continuous improvement, and financial discipline

    • CORE COMPETENCIES

  • Global Mindset
  • Leadership Capability
  • Ability to work in Matrix Org
  • Operates with Nidec Values
  • Business acumen and Customer / Market Focus
  • Strategic Thinking
  • Problem Solving
  • Change Management
  • Building Effective Teams
  • Action Oriented
  • Complexity Management
  • Being resilient
  • Collaborates
  • Effective Communicates
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