Financial 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.

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

The sky is no longer the limit as Nidec takes its technology off the ground and into the Aerospace market.
 
Nidec is the world’s leading electric motor manufacturer and a true pioneer in electrification across a wide array of industries since its foundation in 1973, ranging from appliance, and energy infrastructure, to ground transportation. Nidec Aerospace is a newly created Joint Venture between Nidec and Embraer which intends to take a leading role in the Electrification of Aircrafts. We are well-positioned and excited to support the aerospace industry in its ambitious transition to net-zero carbon emissions by 2050.
 
The ideal candidate will embody Nidec’s key pillars of Passion, Enthusiasm, and Tenacity with their passion to learn, enthusiasm to exceed market expectations, and tenacity to solve complex issues. From ideation to production, you will work with a diverse and experienced team of professionals to support aerospace industry leaders and spearhead technological advances in transport decarbonization. 

Job Description

Nidec Aerospace is seeking a motivated and detail-oriented Financial Analyst to join our team in one of our aircraft motor manufacturing plants. The Financial Analyst will play a key role in supporting the plant’s financial operations by analyzing data, preparing financial reports, and assisting in budgeting and forecasting. This position will work closely with the plant’s leadership team and corporate finance, ensuring that the plant’s financial health aligns with broader company goals. In addition to plant-specific financial responsibilities, the Financial Analyst will also handle select corporate administrative tasks, as directed by the CFO at corporate headquarters.

The individual is responsible for

• Financial Reporting: Prepare and analyze monthly, quarterly, and annual financial reports for the manufacturing plant. Identify trends, variances, and key financial metrics that impact the plant’s performance.

• Budgeting & Forecasting: Assist in the preparation of the plant’s budget and financial forecasts. Work with plant management to align production targets, cost control, and capital expenditure with financial goals.

• Cost Analysis: Conduct in-depth cost analysis, including materials, labor, overhead, and inventory. Provide recommendations to improve cost efficiency and profitability.

• Variance Analysis: Monitor actual results compared to budgeted expectations, analyzing discrepancies and working with the plant team to explain or address variances.

• Capital Expenditure & Fixed Assets control: Assist in evaluating capital projects, including new equipment or process investments, ensuring they meet financial and operational performance targets, while controlling and enforcing fixed assets capitalization guidelines and management.

• Inventory Control: Work closely with operations to monitor and analyze inventory levels, ensuring accuracy in product’s bill of materials and financial reporting, supporting initiatives for inventory optimization.

• Financial Modeling: Build and maintain financial models to support plant decision-making, including pricing, cost reduction strategies, and capital allocation.

• Corporate Administrative Support: Assist the corporate finance team with data collection, financial analysis, and reporting as required. This may involve collaborating on company-wide initiatives or special projects led by corporate headquarters.

• Internal Controls: Ensure that financial transactions comply with company policies, internal controls, and regulatory requirements. Participate in audits as needed.

• Ad-Hoc Analysis: Provide ad-hoc financial analysis and reports to support plant leadership and corporate initiatives, assisting in decision-making and strategic planning.

Qualifications and Experience

• Bachelor’s degree in finance, accounting, or business administration.

• English proficiency.

• 3+ years’ experience in manufacturing cost accounting.

• Familiarity with ERP systems (SAP & Oracle).

• Excellent communication skills.

• High sense of ethics and responsibility.

• Excellent analytical skills.

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.