Chief Financial Officer

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Job Summary

Job Description

The Chief Financial Officer (CFO), Traction, serves as the senior financial leader for Nidec's Traction business segment, responsible for directing and overseeing all financial activities in support of profitable growth, operational performance, and short‑ to mid‑term (1–3 year) strategy execution. This role partners closely with the Traction President and leadership team to shape business strategy, guide investments, and deliver financial results in alignment with the Motion Platform and broader Motion & Energy (MOEN) objectives.

The CFO is accountable for financial planning and analysis, accounting and control, reporting, governance, and risk management across the Traction business' global operations, including North America, China, India, and Europe. Operating within a matrixed and federated finance structure, this role ensures strong financial discipline, transparency, and compliance while serving as the primary financial liaison between the Traction business segment, Motion Platform, and MOEN finance leadership.

Key Responsibilities

Segment Financial Leadership & Business Partnership:

• Collaborate with the Traction President and leadership team to shape and drive business strategy, investments, and profitable growth.
• Provide financial insights, analysis, and decision support to ensure delivery of financial targets.
• Serve as a trusted advisor to segment leadership on financial performance, risks, and opportunities.

Financial Planning, Forecasting & Performance Management:

• Lead annual budgeting, strategic planning, and monthly/quarterly forecasting processes.
• Monitor financial performance against targets; proactively identify risks, opportunities, and corrective actions.
• Drive margin enhancement, cost optimization, and operational performance initiatives.

Accounting, Reporting & Consolidation:

• Ensure timely, accurate financial reporting in accordance with U.S. GAAP, corporate policies, and regulatory requirements.
• Oversee global consolidation of financial results for the Traction business segment.
• Maintain strong balance sheet discipline, trend analysis, and financial transparency.

Working Capital, Cash Flow & Capital Management:

• Lead effective cash flow forecasting through management of working capital, including accounts receivable, accounts payable, and inventory.
• Partner with Operations and Supply Chain to optimize asset utilization and capital expenditures. Execute strategies to meet cash flow, inventory, and investment targets.
• Governance, Risk & Compliance Ensure compliance with internal control standards, audit requirements, and regulatory guidelines.
• Maintain robust governance and risk management practices across global sites. Identify financial and operational risks and ensure mitigation plans are in place.

Finance Organization Leadership:

• Lead and develop a high‑performing global finance organization spanning FP&A, accounting, and controlling functions.
• Promote a culture of accountability, continuous improvement, and financial discipline.
• Develop finance talent and succession plans to ensure long‑term organizational capability.

Stakeholder & Matrix Collaboration:

• Serve as the primary financial liaison between the Traction business segment and Motion Platform / MOEN finance leadership.
• Effectively communicate financial results, trends, and strategic insights to segment, platform, and enterprise stakeholders.
• Collaborate closely with Operations, Supply Chain, HR, IT, and other functional leaders.

Qualifications

• Bachelor’s degree in Finance, Accounting, Economics, or related field; Master’s degree or MBA preferred. CPA, CMA, or equivalent professional certification strongly preferred.
• 15+ years of progressive finance leadership experience, ideally within industrial, manufacturing, or engineering‑driven businesses.
• Proven experience managing full P&L responsibility in a global, matrixed organization.
• Strong experience reviewing balance sheets, identifying trends, risks, and areas requiring corrective action.
• Demonstrated success in cash flow forecasting, working capital optimization, and inventory management.
• Experience with ERP systems (e.g., SAP, Oracle) and financial planning tools.
• Strong business acumen with the ability to influence cross‑functional and executive stakeholders.
• Excellent communication, analytical, and leadership skills.
• Ability to operate effectively across multiple cultures.
• Fluency in English required; additional language capabilities are a plus.
• Willingness to travel up to 50% as required to support global operations and stakeholders.

Core Competencies

• Strategic Financial Leadership
• Business Partnership & Influence
• Financial Planning & Performance Management
• Cost, Margin & Working Capital Optimization
• Financial Governance & Risk Management
• Talent Development & Organizational Leadership
• Executive Communication & Stakeholder Engagement

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

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.