We are seeking great talent to help us build DNA of tech.
Vishay manufactures one of the world's largest portfolios of discrete semiconductors and passive electronic components that are essential to innovative designs in the automotive, industrial, computing, consumer, telecommunications, military, aerospace, and medical markets. We help the world's most in-demand technologies come to life. Every day our products touch your life and the lives of people across the world, though you likely do not know it. Come join us and help us build The DNA of tech.
Vishay Intertechnology, Inc. is a Fortune 1,000 Company listed on the NYSE (VSH). Learn more at www.Vishay.com.
Do you want to help us build the DNA of tech. Vishay Pune, INDIA is currently seeking applicants for Manager Finance
Job Location:
Vishay India (VCIPL) is a wholly owned subsidiary of Vishay Intertechnology Inc, USA. Our state-of-the-art manufacturing unit is in Loni near Pune wherein around 1000 employees are employed. VCIPL has also established a Global IT support center at Magarpatta Cyber City in Pune and Sales offices at Bangalore & Delhi (NCR).
What you will be doing:
- Manage the month-end / Year-end close reporting process, including monthly uploads, review, variance analysis, and preparation of management reporting packs.
- Support the preparation of quarterly and annual financial reports for submission to the regional office, ensuring accuracy and adherence to timelines.
- Assist in the preparation of budgets, forecasts, and long-term financial planning models.
- Assist in the annual budgeting cycle and quarterly forecast updates, including data consolidation, analysis, and coordination with cross-functional teams.
- Supervise the Reporting, Accounts payable & Accounts Receivable functions.
- Statutory Audit, Tax Audit, Internal Audit handling and ensuring completion of same within the due time line.
- Prepare and deliver various ad-hoc reports, analyses, and data requests from Regional/Corporate offices and local management.
- Conduct timely balance sheet reviews and take the necessary corrective steps to clean up the old-aged/uncleared balances.
- Provide guidance on technical accounting matters and ensure compliance with relevant disclosure requirements.
- Update SKF and execute the SAP cycles related to cost allocation and distribution.
- Coordinate with external and internal auditors for Statutory and Tax Audits, ensuring all audit requirements are met.
- Perform payroll-related account reconciliations, line-item review, and exception handling.
- Review fund availability, oversee funds transfer activities, and handle currency conversion requirements.
- Maintain and update SOX documentation, ensuring process controls are implemented and adhered to.
- Monitor on Cash flow and foreign exchange exposures and support strategies to have a effective working capital and also manage FX risks.
- Adhere and implement internal control processes.
What will you bring along:
- Should have 10+ yrs of post CA qualification experience in finance domain.
- Develop and automate recurring financial reports to improve efficiency and accuracy.
- Strengthen internal reporting frameworks by identifying gaps and proposing improvements.
- Experience in handling SOX compliances
- Experience in interacting with Auditors/ financial institutions
- Experience in handling subordinates and guiding them in routine tasks
- Handling Taxation and Tax Assessments including Transfer Pricing Matters.
- Collaborate with cross-functional teams (HR, Operations, Procurement, etc.) to ensure data consistency and alignment in reporting outputs.
- Assist with data validation, clean-up, and master data maintenance in SAP/BI tools.
- Support implementation or enhancement of reporting tools, dashboards, and analytics solutions.
- Ensure compliance with corporate policies, internal controls, and financial reporting standards.
- Contribute to continuous improvement initiatives for reporting processes and financial systems.
What can we offer you for your talent:
Vishay offers a comprehensive suite of benefit programs including health care coverage and provides you with resources to help you achieve your personal and professional goals. With us, you'll experience unique career paths, an open and collaborative culture, a stable business that will be there for you, and opportunities to work globally and locally.
**Non-Discrimination and Harassment: Vishay is committed to a workplace free of harassment and unlawful discrimination. We do not engage in discrimination or harassment based on race, color, age, gender, sexual orientation, gender identity and expression, ethnicity or national origin, disability, pregnancy, religion, political affiliation, union membership, covered veteran status, protected genetic information or marital status in hiring and employment practices.
