Finance Controller

4 days left

Varex Imaging
Mar 07, 2024
Apr 21, 2024
Work Mode
Work from office
Full Time
Organization Type
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Coordinates, administers, and controls financial operations. Provides tax, insurance and other reports required by governmental regulations. Reviews, analyzes, and interprets financial and budgetary reports. Directs all aspects of accounting operations and the preparation of annual financial forecasts. Oversees the development of financial accounting systems required to maintain reporting requirements. Selects, develops, and evaluates personnel to ensure the efficient operation of the function.

Finance Controller Job Description:

At Varex Imaging, we are on a mission to make the invisible visible. As a global leader in X-ray imaging solutions, we are dedicated to pushing the boundaries of technology.

Varex Imaging Corporation and its affiliates (collectively "Varex" and/or the "Company") is a leading innovator, designer, and manufacturer of X-ray imaging components, which include X-ray tubes, digital detectors and other image processing solutions that are key components of X-ray imaging systems. With a 65+ year history of successful innovation, Varex's products are used in medical imaging as well as in industrial and security imaging applications. Global OEM manufacturers incorporate the company's X-ray sources, digital detectors, connecting devices and imaging software in their systems to detect, diagnose and protect. Headquartered in Salt Lake City, Utah, Varex employs approximately 2,000 people located at manufacturing and service center sites in North America, Europe, and Asia. Varex is a public company with its common stock traded on the NASDAQ Global Select Market under the symbol VAREX.

Varex is establishing it's 13th Greenfield (GF) Manufacturing facility in Pune, India and is expected to be operational in 2025.

What are we looking for:

We are currently seeking an accomplished individual to assume the role of Finance Controller for our Varex India Entity, located in Pune. This is an incredible opportunity to be part of our exciting journey and make a meaningful contribution to our success.

As a Financial Controller, you will play a vital role in shaping our financial processes and ensuring the accuracy and efficiency of our accounting operations. Your expertise will be crucial in creating exceptional new processes and executing them with precision and expertise. You will have the opportunity to collaborate with an international team of professionals and make a real impact on our organization.

Reporting to the Corporate International Controller, this individual will be responsible for directing the accounting activities of the firm and regulatory reporting for the firm. The Controller is expected to provide insight and guidance into the fiscal function of Varex Imaging businesses and operations in India. As a key member of the management team, the Controller will manage the financial affairs to include accounting, financial reporting, and controls for the assigned entities.

What You'll Do
  • Oversee and ensure the accounting closure and financial reporting processes for India entities.
  • Oversee and ensure the complete and accurate preparation of monthly, quarterly, and annual tax filings (GST, TDS, Income Tax, etc.) for India entities.
  • Oversee and ensure the complete and accurate preparation of statutory financial statements in accordance with India GAAP for India entities.
  • Oversee the audit of the statutory audit for India entities.
  • Assist legal with governmental compliance filings.
  • Oversee the preparation of quarterly income statement and balance sheet fluctuation analysis.
  • Coordinate with tax, treasury and legal to address various business requirements of the entities.
  • Assisting with the preparation of the operating budgets.
  • Monitoring variances, summarizing trends, and investigating budget deficiencies.
  • Develop performance measures and key metrics that help you and the executive management team monitor and evaluate business performance.
  • Collecting, analyzing, and consolidating financial data.
  • Communication of monthly financial forecast including explanations of significant changes.
  • Revenue & gross margin analysis including standard costs analysis, productivity analysis and cost of product failure analysis.
  • Monitor and evaluate production jobs.
  • Supporting inventory costing and evaluation for inventory
  • Provide support to FP&A
  • Implement and oversee finance processes and ensure they are in accordance with Varex Imaging policies and internal controls.
  • Drive process improvement initiatives related to treasury, tax, statutory reporting, SOX, system conversion and other internal reporting matters.
  • Oversee SOX compliance for the location; strengthen internal controls and ensure the control environment is operating effectively and efficiently.
  • Develop finance and accounting teams to effectively partner with business that supports strategic direction of the company.
  • Lead ad hoc projects as needed.

What You'll Need
  • Bachelor's degree in accounting or finance required.
  • MBA preferred.
  • 10+ years' experience in a manufacturing environment as a controller or senior accounting leader.
  • Chartered Accountant (CA) Designation
  • Proficiency with India GAAP, U.S. GAAP or IFRS knowledge preferred.
  • Strong and verifiable accounting skills
  • Experience implementing or improving accounting systems and developing reporting and analytics capabilities.
  • Demonstrated ability to identify, recruit, motivate, coach, and develop a high performing team of professionals.
  • Experience working with SAP as ERP business system preferred.
  • Strong communication skills (written/ verbal and interpersonal)
  • Willingness to travel as per business needs.

Time Type:

Full time

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All qualified applicants will receive consideration for employment without regard to race, sex, color, religion, sexual orientation, gender identity, national origin, protected veteran status, or on the basis of disability.