Regional R&D Controller

Responsibilities

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.

• 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.

Requirements

• Bachelor’s degree; Master’s degree preferred
• At least 3‑5 years of related experience, preferably in a manufacturing environment
• SAP experience required

Benefits

• 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

Pay

Salary range: 115k-130k based on experience