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.
Whether driving locomotives, powering offshore platforms or keeping the lights on after a storm, Nidec electric power generation products impact the world on a daily basis. With over 1,000 employees in the Americas, we are moving forward with technology to solve our customers' electrical power needs for both prime and backup generation needs as the industry's leading manufacturer.
Job Description
Shift: 1st Shift
Days of Work: Monday - Friday
Work Hours: 8:00am to 5:00pm
Work Location: On-Site (Mankato, MN)
Starting Salary: $118,200 - $189,100
Pay Frequency: Bi-Weekly
At Nidec, we prioritize our team's well-being and success. Our comprehensive benefits package is designed to support you both personally and professionally. These are the great benefits we offer, with additional perks and programs available to enhance your overall experience with us.
Competitive Compensation: Attractive salary with additional bonus opportunities.
Health and Wellness: Comprehensive medical, dental, and vision coverage, effective from your first day.
Retirement Savings: 401(k) plan with a best in-class company match of 100% on the employee's first 6% with an additional 3% employer contribution to support your financial future.
Work-Life Balance: Generous time off package, including PTO and holidays.
Education Assistance: Tuition reimbursement and continuous learning opportunities to support your professional growth.
Position Objective:
The Division Accounting Controller serves as the enterprise accounting leader for the division, with end-to-end accountability for financial integrity, and the standardization of accounting processes across all sites. This role is responsible for building a centralized, scalable accounting model that strengthens governance, improves consistency, and enables more effective business support in a high-growth manufacturing environment.
As a key leader in the Nidec Power Americas finance transformation, the Division Accounting Controller will lead the shift from site-centric accounting practices to a governed, centrally led model with clear ownership, standardized processes, disciplined controls, and defined service delivery expectations across the organization.
Essential Duties/Responsibilities:
Accounting Leadership & Financial Integrity
Own financial reporting accuracy and completeness across the division, ensuring results are reliable, supportable, and aligned with enterprise controllership expectations
Act as the division’s authority for accounting decisions, technical interpretations, and policy application, ensuring consistent judgment across the organization
Ensure compliance with accounting standards, internal policies, and divisional governance requirements across all sites and legal entities within scope
Maintain a strong internal control environment by enforcing segregation of duties, approval flows, and clearly defined responsibilities for key accounting activities
Lead the accounting organization and govern the shared services relationship to ensure transactional execution supports divisional control, close, and reporting requirements
Financial Reporting
Lead the division’s month-end close and reporting process, ensuring financial results are accurate, timely, well-supported, and delivered in a manner that meets executive, corporate, and compliance expectations
Establish and enforce close governance through standardized calendars, account ownership, reconciliation expectations, and escalation protocols that drive consistency and accountability across all sites
Coordinate end-to-end close execution across divisional accounting teams, site finance resources, shared services, and other divisions to ensure deadlines are met, issues are escalated early, and deliverables are completed with integrity
Own balance sheet governance for the division by ensuring reconciliations, account substantiation, and supporting documentation are completed accurately and consistently across multiple sites
Drive continuous improvement in close cycle performance, reporting quality, and issue resolution by simplifying workflows, reducing rework, and improving visibility to close risks and bottlenecks
Transformation & Centralization Leadership
Lead the redesign and implementation of the division’s accounting operating model, transitioning from decentralized site-based execution to a centralized controllership structure with clear decision rights and ownership
Drive standardization of close, reconciliation, journal entry, and balance sheet governance processes across all sites to create a consistent and scalable control environment
Lead the transfer of accounting ownership, control activities, and process accountability into the future-state model, including alignment of ERP workflows, access, and approval structures
Partner with Finance, FP&A, Operations, and Shared Services leaders to define service boundaries, governance mechanisms, and cross-functional handoffs required to sustain the transformed operating model
Audit & Compliance Management
Serve as the primary contact for internal and external auditors, coordinating responses, supporting documentation, and issue resolution across the division
Ensure timely remediation of audit findings, control gaps, and compliance issues, with clear ownership and follow-through to sustainable resolution
Maintain audit readiness across accounting processes by ensuring documentation, reconciliations, controls, and evidence are consistently complete and current
Accounting Operations & Process Design
Design and sustain scalable accounting processes, policies, and controls that align with the future-state finance operating model and corporate governance standards
Establish standardized procedures, control expectations, and service-level disciplines to drive consistency, accountability, and transparency across the division
Govern the shared services relationship to ensure transactional work is executed in accordance with defined standards, timetables, and control requirements
Lead process harmonization, simplification, and continuous improvement initiatives that reduce site-to-site variation and improve the effectiveness of the accounting function
Experience/Skills:
10+ years of progressive accounting and finance experience
5+ years in a leadership role overseeing multi-site or divisional accounting
Experience in manufacturing or industrial environments required
Strong background in:
General accounting and financial reporting
Balance sheet governance and reconciliations
Month-end close processes
Proven experience managing internal and external audits
Experience with SOX or similar internal control frameworks preferred
Experience scaling accounting functions in a complex or high-growth environment
Technical & Functional Expertise
Deep knowledge of US GAAP (or IFRS as applicable)
Experience with ERP systems (Oracle strongly preferred)
Familiarity with reconciliation/close tools (e.g., BlackLine)
Strong understanding of:
Internal controls and segregation of duties
Shared services operating models
Multi-entity consolidations
Advanced Excel and financial data analysis skills
Leadership & Competencies
Proven ability to lead centralized accounting organizations and embed clear governance, accountability, and performance expectations
Strong process discipline with demonstrated success in standardizing accounting activities, controls, and reporting across multiple sites or business units
Demonstrated leadership in transformation environments, including operating model redesign, change management, and implementation of new governance structures
Ability to partner cross-functionally with Finance, FP&A, Operations, and Corporate teams
Strong communication skills with the ability to effectively interface with executive leadership and auditors
Key Relationships
Chief Financial Officer – escalation point and overall governance
Finance Director – alignment on operating model design, business partnership boundaries, and decision support responsibilities
FP&A – coordination on management reporting, forecasts, and budgets
Shared Services – governed delivery of transactional accounting activities within defined service levels, controls, and escalation paths
Internal & External Auditors – audit coordination and compliance
Corporate stakeholders – coordination on tax, treasury, and corporate policy
Success Metrics
Accurate, timely, and audit-ready financial reporting that supports executive decision-making and external compliance requirements
Strong balance sheet integrity, reconciliation discipline, and supporting documentation across all sites within the division
A control environment that prevents material deficiencies and sustains positive audit outcomes through disciplined governance and accountability
Standardized, centralized, and scalable accounting processes with reduced site-level variation
Clear ownership, governance, and service accountability across the transformed accounting operating model
Education & Certifications
Bachelor’s degree in Accounting, Finance, or related field required
CPA or equivalent professional certification strongly preferred
Additional Job Details
CHECK OUT OUR CAREER OPPORTUNITIES: Nidec Power | Careers
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
Work Shift Schedule
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.
