Full-Time

Finance Controller

Multiple Teams

Posted on 9/3/2025

Varex Imaging Corporation

Varex Imaging Corporation

1,001-5,000 employees

Designs and manufactures X-ray imaging components

No salary listed

Pune, Maharashtra, India

In Person

Category
Finance & Banking (2)
,
Required Skills
SAP Products
Data Analysis
Requirements
  • 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.
Responsibilities
  • 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.
Desired Qualifications
  • MBA preferred.
  • Proficiency with India GAAP, U.S. GAAP or IFRS knowledge preferred.
  • Experience working with SAP as ERP business system preferred.
Varex Imaging Corporation

Varex Imaging Corporation

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Varex Imaging Corporation designs, manufactures, and sells X-ray imaging components for two main markets: Medical and Industrial. In the Medical segment it provides X-ray imaging components used in radiography, fluoroscopy, mammography, and computed tomography. In the Industrial segment it offers products for security and non-destructive testing, such as cargo screening and industrial inspection. The company serves OEMs of medical and industrial imaging systems, independent service companies, and distributors, selling its products globally across North America, Europe, and Asia. Varex earns revenue by selling X-ray tubes, digital detectors, and related imaging components to its customers, helping them build or upgrade imaging systems. Its goal is to provide reliable, high-quality imaging technologies that enable accurate diagnostics in medicine and effective inspection and security applications in industry.

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Salt Lake City, Utah

Founded

2016

Simplify Jobs

Simplify's Take

What believers are saying

  • India detector plant ships now; tube facility completes year-end for 2027 revenue.
  • $55 million FY2025 cargo system orders boost industrial segment growth.
  • March 2026 debt refinancing saves $7 million annual interest expense.

What critics are saying

  • Canon Medical's photon-counting CT erodes Varex medical market share now.
  • RayScan undercuts Varex industrial tubes 20-30% in Asia cargo bids.
  • India facility delays cause 15-20% overruns, miss FY2027 revenue.

What makes Varex Imaging Corporation unique

  • Varex specializes in X-ray tubes and digital detectors for medical and industrial imaging.
  • LUMEN HD detectors launched December 5, 2024, enhance healthcare imaging ergonomics.
  • Photon-counting detectors launch early 2027 for dose reduction in medical applications.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Paid Holidays

Unlimited Paid Time Off

Employee Stock Purchase Plan

401(k) Company Match

Paid Parental Leave

Short & Long-Term Disability and Life Insurance

Competitive Pay

Flexible Work Hours

Variety of Shift Options

Employee Discounts

Tuition Reimbursement

Employee Referral Program

Career Advancement Opportunities

Free Safety Shoes

Friendly Work Environment

On-site Cafeteria, Company Nurse, Credit Union, and Gym

Free Coffee and Soda

EV Charging Stations

Company News

Yahoo Finance
Mar 22nd, 2026
Varex Imaging passes tariffs to customers, builds India factories, targets cargo system orders

Varex Imaging executives outlined the company's tariff mitigation efforts, India expansion and growth initiatives during a recent conference. CFO Sam Maheshwari said the firm has successfully passed IEEPA-related tariff increases to customers, though inventory delays mean a recent Supreme Court ruling lowering rates will take four to six months to benefit the profit and loss statement. The company is building two India manufacturing facilities. A detector production plant is complete and shipping, whilst a radiographic tube facility should finish by year-end, with meaningful revenue targeted around 2027. On the industrial side, Varex booked $55 million in fiscal 2025 for new cargo inspection systems. The company is also developing photon-counting detectors for medical applications, expected to launch in early 2027, offering dose reduction and higher-priced component opportunities.

Varex Imaging Corporation
Mar 17th, 2026
VAREX ANNOUNCES SUCCESSFUL COMPLETION OF DEBT REFINANCING - Varex Imaging

SALT LAKE CITY, March 16, 2026 – Varex Imaging Corporation (Nasdaq: VREX) today announced it has entered into a Credit and Guaranty Agreement (the “Credit Agreement”), dated as of March 13, 2026, which includes a secured term loan facility in aggregate principal amount of $350 million, a secured revolving credit facility in aggregate principal amount […]

Business Wire
Mar 17th, 2026
Varex Announces Successful Completion of Debt Refinancing

Varex Imaging Corporation (Nasdaq: VREX) today announced it has entered into a Credit and Guaranty Agreement (the “Credit Agreement”), dated as of March 13, ...

MarketScreener
Mar 16th, 2026
Varex completes $490M debt refinancing, expects to save $7M annually in interest

Varex Imaging Corporation has completed a debt refinancing, entering into a Credit and Guaranty Agreement dated 13 March 2026. The agreement includes a $350 million secured term loan facility, a $100 million revolving credit facility and a $40 million delayed draw term loan facility, providing aggregate commitments of $490 million maturing in 2031. Zions Bancorporation acted as lead arranger and bookrunner. The company redeemed its $368 million of 7.875% Senior Secured Notes due 2027 and terminated its $155 million revolving credit facility. The refinancing used approximately $42 million in cash, including an $18 million net debt reduction. Varex expects the refinancing to reduce annualised cash interest expense by over $7 million through lower interest rates and reduced outstanding debt, improving financial flexibility and supporting free cash flow generation.

FinancialContent
Jan 6th, 2026
Varex to Participate in CJS Securities 26th Annual New Ideas for the New Year Conference

Varex to participate in CJS Securities 26th Annual New Ideas for the New Year Conference. Varex Imaging Corporation (Nasdaq: VREX) announced today that management is scheduled to present at the CJS Securities 26th Annual New Ideas for the New Year Virtual Conference. Management will be presenting on Wednesday, January 14, 2026 at 3:50pm ET. The webcast can be accessed here or on Varex's website at www.vareximaging.com/news. Varex Imaging Corporation 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, as well as X-ray imaging systems for industrial applications. With a 70+ 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, protect, and inspect. Headquartered in Salt Lake City, Utah, Varex employs approximately 2,400 people located in North America, Europe, and Asia. For more information visit vareximaging.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20260106270698/en/ For Information Contact: Christopher Belfiore Director of Investor Relations Varex Imaging Corporation 801.973.1566 | [email protected]

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