Fortive Corporation Finance Controller, Istanbul in Istanbul, Turkey

Finance Controller, Istanbul

About Us:

Kollmorgen is a leading provider of motion systems and components for original equipment manufacturers (OEMs) around the globe. With over seventy years of motion control design and development expertise, Kollmorgen delivers breakthrough solutions unmatched in performance, reliability and ease-of-use. Through world-class knowledge in motion, industry-leading quality, and deep expertise in linking and integrating standard and custom products, Kollmorgen provides OEMs with the competitive advantage they need to succeed



This position is part of Kollmorgen Industrial Automation Europe finance team.

The Finance Controller will be involved in the internal Kollmorgen Industrial Automation Europe daily, weekly, monthly and quarterly financial reporting and responsible for general accounting, accounts receivable, & accounts payable functions and statutory reporting and tax matters. Additionally, this position will work closely together with Finance Director Turkey in the areas of internal controls and procedures and reconciliation between statutory accounts and US GAAP group reporting.


Along with those identified below, other duties may be assigned.

  • Work on the daily, weekly, monthly and quarterly US GAAP based reporting of the results through the Kollmorgen Hyperion reporting system

  • Prepare accurate monthly forecasts, analyze and comment properly on forecast to actual variances

  • Involvement in annual budgeting process for the entity

  • Ensure integrity of balance sheet and income statement and other supporting documentation pertaining to management. Conduct monthly balance sheet reviews & account reconciliations accurately and in a timely manner. Insure accuracy of all accounts and support for judgmental reserves.

  • Actively manage the Credit and Accounts Receivable function.

  • Analyze internal control environment and correct deficiencies as necessary. Work with Internal Audit staff and Kollmorgen Industrial Automation Europe leaders to improve internal processes and controls

  • Manage local statutory accounts and tax matters

  • Responsibility for the local accounting team – building a new team together with European management team and develop it to a highly trained and empowered finance & accounting team.

  • Use an understanding of the entity’s accounting systems to assist others as needed, and to identify opportunities to streamline processing of accounting data among users as needed

  • Cooperate closely with finance lead and other members of Kollmorgen Industrial Automation Europe finance team as well as entity’s general manager and other departments



  1. To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.
  • Bachelor’s degree in Business Administration, Economics, Finance or a related field

  • Experience with international financial group reporting and conversion from local GAAP to US or other GAAP

  • Sound knowledge of accounting according to local as well as international standards (US GAAP)

  • Knowledge of the local taxes

  • Ability to be flexible and handle multiple tasks

  • Analytical and problem solving skills

  • Ability to analyze financial results and effectively communicate issues and explanations for variances to senior European management

  • Fluent English

  • Unquestioned integrity and compliance according to local laws and Kollmorgen/FTV standards of conduct

  • Strong computer skills, particularly in Excel and solid organizational and administrative skills.

  • Experience with Hyperion reporting and Oracle is a plus

Fortive Corporation Overview:

Fortive is a diversified industrial growth company comprised of global businesses that are recognized leaders in attractive markets. With more than $6 billion in annual revenues, Fortive’s well-known brands hold leading positions in field instrumentation, transportation, sensing, product realization, automation and specialty, and franchise distribution.

Fortive is headquartered in Everett, Washington and employs a team of more than 24,000 research and development, manufacturing, sales, distribution, service and administrative employees in more than 40 countries around the world. Our team grows by tackling challenges that accelerate progress and further their careers. With a culture rooted in continuous improvement, the core of our company’s operating model is the Fortive Business System. For more information please visit: .

Job: Finance / Accounting

Primary Location: Europe-Turkey-Instanbul-Istanbul

Organization: Kollmorgen

Schedule: Full-time

Req ID: KOL000584