Division Accounting Controller

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Job Summary

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 US OUT ON YOUTUBE: http://acim.nidec.com/generators/kato-engineering/about-us/katocareers

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.