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Job Summary
The Cost and Accounting Analyst IV plays a key role in managing cost accounting processes and overseeing the entire fixed assets lifecycle. This position ensures accurate financial reporting, supports budgeting and forecasting activities, and delivers strategic insights into cost structures and asset utilization. This role requires strong collaboration with operations, supply chain, and finance teams to drive efficiency, compliance, and continuous improvement.Job Description
The Cost and Accounting Analyst IV plays a key role in managing cost accounting processes and overseeing the entire fixed assets lifecycle. This position ensures accurate financial reporting, supports budgeting and forecasting activities, and delivers strategic insights into cost structures and asset utilization. This role requires strong collaboration with operations, supply chain, and finance teams to drive efficiency, compliance, and continuous improvement.The individual is responsible for- Analyze and report manufacturing costs, variances, and margins to support decision-making.
- Maintain and update standard costs within the ERP system.
- Perform monthly cost roll-ups and reconcile inventory accounts accurately.
- Provide cost data and analysis to support budgeting and forecasting processes.
- Conduct cost-benefit analyses and identify opportunities for cost optimization.
- Partner with operations to understand production processes and key cost drivers.
- Maintain and control the fixed asset register, ensuring accurate capitalization, depreciation, and disposals.
- Monitor asset additions, transfers, and retirements in compliance with company policies and accounting standards.
- Perform periodic physical asset audits and reconciliations.
- Ensure adherence to internal controls and regulatory requirements (including SOX, if applicable).
- Prepare audit schedules and provide support during internal and external audits.
- Prepare monthly, quarterly, and annual reports related to cost and fixed assets, including Balance Sheet, P&L, and FCC analysis.
- Develop and maintain reports for actuals for sales, profit, and expenses; provide insights and recommendations to improve planning processes.
- Develop and maintain reports for actual expenses and project costs, ensuring accuracy and timely updates for management review.
- Provide variance analysis and commentary to management.
- Support financial close activities and ensure timely and accurate reporting.
- Create dashboards and KPIs to monitor cost performance and asset utilization.
- Identify and implement process improvements in cost accounting and fixed asset management.
- Ensure compliance with IFRS, Local GAAP, and internal policies.
- Participate in ERP system upgrades and automation initiatives related to costing and asset tracking.
- Bachelor’s degree in accounting, Finance, or related field (CPA or CMA preferred).
- Minimum of 7 years of experience in cost accounting and fixed asset management.
- Strong knowledge of manufacturing cost flows and asset accounting principles.
- Proficiency in ERP systems (SAP required; BPC experience is a plus).
- Advanced skills in Excel and PowerPoint.
- Excellent analytical, problem-solving, and communication skills.
- Ability to work independently and manage multiple priorities effectively.
- Experience with Power BI or other data visualization tools (considered a strong differential).
- Advanced English proficiency.
- Familiarity with corporate financial policies, internal controls, and audit processes.
- Minimum of 7 years of experience in cost accounting and fixed asset management.
- Proficiency in ERP systems SAP.
Additional Job Details
Professional – P4
Organizational Impact
• Works to achieve operational, functional, and/or business targets within team with major impact on departmental or job family results
• Seasoned professional; works under limited supervision
• Works independently on a wide range of moderately complex projects and may be responsible for entire projects or processes within team
• May contribute to the development of goals and planning efforts for the department
Communication & Influence
• Communicates with senior leadership and employees within and outside of department and/or job family on matters that require explanation, interpretation and/or advising; may communicate with external clients or partners depending upon the job area
• Influences employees within the business unit to agree and align on new concepts, practices and approaches
Innovation & Complexity
• Responsible for moderate to significant improvements of processes, procedures, or systems to contribute to the performance of the team
• Problems are moderately complex and may impact multiple departments and/or job family
Leadership & Talent Management
• Coaches, reviews and delegates work to other professional
• Manages end-to-end projects or processes
Knowledge & Experience
• Requires extensive knowledge of specialty area and working knowledge of industry practices/other areas, typically obtained through advanced education and strong experience
• Requires a bachelor’s degree or equivalent experience and minimum 7 years of prior relevant experience
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.
