Regional R&D Controller

ThyssenKrupp Presta AG

Fishers (IN)

On-site

USD 115,000 - 130,000

Full time

2 days ago
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Benefits offered by this job

Paid Time Off
Company Holidays
Comprehensive benefits package
401k matching

Job summary

Thyssenkrupp Presta North America is seeking a Regional R&D Controller to oversee budgeting, forecasting, and financial reporting for the USMCA R&D cost center in the automotive division. You will drive harmonized processes, perform detailed financial analysis, and collaborate with cross-functional teams to ensure financial health.

The role requires SAP experience, an established background in manufacturing finance, and the ability to manage audits and internal controls across multiple sites in

Qualifications

  • Bachelor's degree is required; Master's degree preferred.
  • 3–5 years of related experience, preferably in a manufacturing environment.
  • SAP experience is required.

Responsibilities

  • Oversee P&L for the USMCA Region R&D cost for the tk Bilstein Motion Solutions automotive division (Steering and Suspension).
  • Implement harmonized and standardized processes across multiple sites in the region with governance from European HQ.
  • Conduct detailed financial analysis to support business decisions and prepare comprehensive reports for management.

Skills

Financial analysis
Budgeting
Forecasting
SAP

Education

Bachelor's degree
Master's degree preferred

Tools

SAP ERP

Job description

Our Automotive Technology business is passionate about the automotive industry and produces as well as markets high-tech automotive components worldwide. With over 20,000 employees, we are responsible for the success of this business. Our product and service range includes chassis technologies such as steering and damper systems and the assembly of axle systems as well as powertrain components for conventional and alternative engines. We also develop assembly systems for body-in-white construction and produce lightweight car body components in series.

thyssenkrupp Presta North America is a global leader in automotive components technology and the leading steering systems supplier for the automotive industry. thyssenkrupp Presta North America provides the industry with high-quality manual and electric steering columns, rack and pinion steering gears, and electric power assisted steering gears. thyssenkrupp Presta North America is part of the thyssenkrupp Presta AG group, headquartered in Eschen, Liechtenstein. In 2003, our manufacturing facility was established in the South Industrial Park of Terre Haute, Indiana. Beginning with just one assembly line, a handful of employees and 58,000 square feet, the company has grown to over 450 employees and 224,000 square feet. In addition, we have an office on northeast side of Indianapolis where the Procurement and Supplier Development Department, Business Development and Product Engineering are now located. We have a third location in Troy, Michigan which houses our Sales Engineering, Logistics Distribution Center for USA, and Customer Resident Engineering.

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
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