What are the responsibilities and job description for the Director Finance position at Nidec?
Job Summary
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.
Role Overview
The role is that of business partner to the Drive Systems (TRACTION) executive team and other stakeholders, offering strategic financial insight into business decisions to drive top line growth and performance, financial management, new business initiatives and related outputs that are focused on sustainable and profitable business growth.
Key Responsibilities
Manage Ongoing Revenue Analytics
- Lead the month-end, quarter-end, and year-end reporting requirements in accordance with approved deadlines
- Derive insights from reports on trends of the Traction BU and patterns to influence key business decisions
Data Integrity and Product Costing
- Ensure data integrity and consistency of information presented
- Manage and drive robust and accurate product costing that drives growth and assists with deal closing
Revenue Management and Forecasting
- Drive revenue management and lead investment decisions
- Create financial models that assist business leaders to make appropriate revenue generating and management decisions
Budgeting Cycle and Forecasting
- Manage the Budgeting Cycle, adherence to Budgets and Forecasting
- Lead the production of key business drivers for use in strategic planning, annual budgeting, and monthly and quarterly forecasting
Business Partnering and Stakeholder Management
- Partner with Sales, Product, Engineering and Plant leaders to influence their decision-making ensuring alignment to the TRACTION strategy and financial targets
- Assist the leaders with financial strategies to drive growth and the execution of thereof
Leadership and People Management
- Inculcate a culture of high performance through implementing robust performance management
- Ensure all team members have performance contracts aligned to the Traction strategy for the financial year
Required Qualifications and Experience
- Proficiency in accounting software
- Strong aptitude for math
- Excellent verbal and written communication skills
- Strong analytical skills
- Exceptional knowledge of accounting principles
- High attention to detail
- Ability to prioritize and align task list accordingly
- Exceptional understanding of material, production and supply chain system and cost impact
- Strong ability to work independently and drive results
- Ability to influence at all management levels
- Ability to work collaboratively in a cross-functional matrix structure
- Action Oriented
- Excellent relevant IT skills and technology driven
- Excellent leadership and management skills
