New

Chief Financial Officer

Nidec Motor Corporation
United States, Illinois, Hoffman Estates
2401 Hassell Road (Show on map)
Apr 16, 2026
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 leading manufacturer of electric motors, drives, and controls, powering nearly everything that spins and moves, from smartphones and household appliances to electric vehicles, factories, data centers, aircraft, and critical infrastructure. Founded in 1973 and headquartered in Kyoto, Japan, Nidec operates more than 300 group companies across 40+ countries, with over 100,000 employees worldwide. Rooted in Japanese craftsmanship and continuous improvement, we combine global capability with local expertise to solve complex challenges and keep the world moving. Job Description The Chief Financial Officer (CFO), Traction, serves as the senior financial leader for the Traction business segment, responsible for directing and overseeing all financial activities in support of profitable growth, operational performance, and short to midterm (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 overarching Motion & Energy (MOEN) objectives. The CFO is accountable for financial planning and analysis, accounting and control, reporting, governance, and risk management across the Traction segment's global operations. 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 segment and 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 highperforming 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 longterm 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 engineeringdriven 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 and ability to influence crossfunctional and executive stakeholders. Excellent communication, analytical, and leadership skills. Ability to operate effectively across multiple cultures. Willingness to travel up to 50% as required to support global operations and stakeholders. Ability to maintain regular onsite presence at the Hoffman Estates, IL office location, typically 3 days per week. 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.