Manager-Finance

Vishay Intertechnology, Inc.; Loni; On-site; INR 1,200,000 - 1,800,000; Full time

Benefits offered by this job

Health care coverage

Financial support programs

Job summary

Vishay Intertechnology, Inc. is looking for a Manager Finance in Loni, India, to oversee the month-end and year-end close reporting process. This role involves preparing financial reports, handling audits, and ensuring compliance with internal controls.

The ideal candidate should have at least 10 years of experience in a finance-related capacity, an excellent understanding of cost accounting, and experience in managing teams. A competitive salary package and extensive benefits are offered.

Qualifications

• 10+ years of post-qualification experience (CA) with understanding of cost accounting and controlling.
• Experience in handling SOX compliance and interacting with auditors.
• Ability to develop automated financial reports and improve internal reporting frameworks.

Responsibilities

• Manage month-end/year-end close reporting process and prepare management reporting packs.
• Support quarterly and annual financial report preparations.
• Conduct balance sheet reviews and ensure compliance with audit requirements.

Skills

Cost accounting

Financial reporting

Internal controls

Taxation

Team leadership

Education

CA (Chartered Accountant)

Tools

SAP

BI tools

Job description

We are seeking great talent to help us build The 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 Loni(Pune), India is currently seeking applicants for Manager Finance Position.

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

Leadership & Team Development

• Team Leadership: Continuously maintain the team's work schedule, organize resources, and provide operational guidance and mentorship to team members.
• Support: Assist the functional leader/senior management in executing strategic and ad-hoc tasks in a timely and professional manner.

What Will You Bring Along

• 10+ years of post-qualification experience (CA) with an excellent understanding of cost accounting, controlling processes, and inventory management.
• 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, financial support programs and other resources designed 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.

Do you have the skills we need? Are you ready to power your career as you power the world? If so, apply today.

Vishay be committed to a workplace free of harassment and unlawful discrimination. We do not engage in discrimination or harassment based on sex, race, color, religion, national origin, disability, protected veteran status, age, or any other characteristic protected by law in hiring and employment practices.