1d ago

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Finanacial Analyst

United States·North America/usa/illinois/st. Charlesmid

Finance & AccountingFinancial Analyst

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Quick Summary

Overview

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.

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Finance & AccountingFinancial 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.

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.

Responsibilities

~2 min read

· 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.

Requirements

~1 min read

· 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

· 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

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

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.