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: $72,600 - $108,900
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 accounts payable and Fixed Asset Accountant is responsible for the accurate, timely processing of accounts payable transactions and the complete accounting, tracking, and reporting of fixed assets throughout their lifecycle. The role manages invoice processing, payment runs, vendor wire and ACH activities, and confidential invoices, while overseeing asset acquisitions, transfers, capitalization, depreciation, disposals, impairments, reconciliations, physical inventories, and capital expenditure monitoring. This position ensures compliance with NIAP, IFRS, internal policies, and internal controls; supports audit, tax and regulatory requirements; and partners with Operations, Engineering, and Finance to strengthen financial accuracy, asset stewardship, and process improvement.
Essential Duties/Responsibilities
Maintain fixed asset records and the fixed asset subledger
Record asset acquisitions, transfers, disposals, and impairments
Manage construction-in-progress (CIP) projects and capitalization activities
Calculate and record monthly depreciation and amortization
Reconcile fixed asset accounts to the ledger
Perform physical asset inventories and investigate discrepancies
Monitor capital expenditures against approved budgets
Evaluate assets for impairment, obsolescence, and retirement opportunities
Prepare supporting documentation for audits, property tax filings, and regulatory reporting
Parter with Operations, Engineering and Finance to ensure accurate asset tracking and reporting
Support process improvements, policy compliance, and internal control initiatives
Perform ad hoc analysis and special projects as assigned
Enter accounts payable invoices into Oracle, as needed
Process confidential accounts payable invoices that are not routed through DataServ
Ensure accounts payable payment runs are completed accurately and on schedule
Manage vendor wire payments
Manage vendor enrollment in ACH payments
Experience/Skills
3+ years of accounting experience, preferably in fixed assets or manufacturing
Knowledge of IFRS, and fixed asset accounting principles
Experience with ERP systems and advanced Excel skills
Strong analytical, organizational, and communication skills
Education
Bachelor’s degree in accounting, finance, or related field
MUST BE A SOLE US CITIZEN
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
- First Shift (United States of America)
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.
