The Accounting team provides value add by:
Defining, implementing and/or maintaining accounting policies, guidelines, tools and services for all VISHAY entities.
Ensuring, overseeing or advising on accounting activities in sub-ledgers (A/R or A/P accounting, etc.)
Ensuring, preparing or contributing to preparation of periodic reporting’s, i.e. (monthly) income, p&l or tax statements.
Overseeing or setting up new accounts, reconciling accounts, and closing the monthly books.
Reconciling bank accounts, verifying deposits, and addressing inquiries from banks.
Verifying payment of invoices and ensuring payments are charged to accounts.
Accomplishing local tax operations according to regulations, and clarifying issues with external accountants
A manager at this level:
Ensures adherence to overarching standards, guidelines, and assigned budgets. Monitors spendings.
Organizes work in the team(s) with respect to current or near-future workload, and monitor efficiency and effectiveness of service.
Ensures effective utilization of infrastructure, and may adapt methods or procedures when appropriate.
Evaluates work results and discusses with responsible management or project lead further proceedings.
Manages stakeholder contacts within own part of the value chain, and with external market partners.