Regional R&D Controller

Regional R&D Controller

Fishers, Indiana, United States — thyssenkrupp Presta North America LLC

The Regional R&D Controller oversees financial planning, analysis, and reporting to support strategic decision-making. This role ensures accurate budgeting and forecasting, monitors financial performance, and drives corrective actions. By managing financial risks, optimizing processes, and aligning cross-functional goals, the position plays a key role in sustaining the organization's financial health and long-term success.

Essential Duties and Responsibilities:

• P&L responsible for the USMCA Region R&D cost for tK Bilstein Motion Solutions automotive division (Steering and Suspension)
• Implement harmonized and standardized processes across multiple sites in region supported by governance from European headquarters
• Conduct detailed financial analysis to support business decisions and prepare comprehensive reports for management, highlighting key financial metrics and performance.
• Develop, manage, and monitor annual budgets and forecasts (Budget, MTP, EST), report on variances, and provide insights and recommendations for adjustments.
• Report variances against budget to responsible management, providing clarity and accuracy.
• Support strategic planning initiatives with financial modeling and analysis, evaluate the financial implications of new business opportunities, and collaborate with cross-functional teams to align financial goals with business strategies.
• Identify and assess financial risks and opportunities, develop risk mitigation strategies, monitor their effectiveness, and ensure compliance with financial regulations and standards.
• Identify areas for process improvement, implement best practices, streamline financial processes to enhance efficiency and accuracy, and lead or participate in finance-related projects and initiatives.
• Act as a liaison between finance and other departments, communicate financial insights and recommendations to non-financial stakeholders
• Maintain and analyze large datasets to support financial analysis, utilize financial software and tools for data analysis and reporting, and ensure data integrity and accuracy in financial systems.
• Ensure adherence to internal controls and financial policies, support internal and external audit processes, and implement audit recommendations to ensure continuous compliance.
• Calculate annual development cost rates for capitalization in accordance with IFRS
• Manage SAP ERP finance controlling cost centers, internal orders, and allocations.
• Manage intercompany service sales, identify the corresponding recipient regions and reconcile with the incurred costs.
• Collaborate with IT and data teams to enhance automation and digital transformation initiatives within finance.

Salary range: 115k-130k based on experience

Minimum requirement, Bachelor's degree, Master's degree preferred, with at least three to 5 years of related experience, preferably in a manufacturing environment. SAP experience required

The [above] is intended to describe the general content of and requirements for the performance of this job. It is not to be construed as an exhaustive statement of duties, responsibilities, or requirements. To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Paid Time Off (PTO)
• Paid Company Holidays
• Comprehensive benefit package including medical, dental, vision, life, disability, prescription coverage, employee assistance program, as well as optional accident & hospital coverage
• Company paid
  • Basic vision insurance
  • Short-term disability
  • Basic Life Insurance
• Generous 401k matching program
• Ample opportunities for advancement within the company