Senior Director of Global Cost Management & SAP CO Strategy

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 Malvern is currently seeking applicants for a Cloud Infrastructure Admin.

Job Location:

Malvern, PA (hybrid work schedule)

What you will be doing:

Cost Controlling & Financial Analysis

• Lead the cost controlling process for manufacturing operations, including product costs, labor, overhead, material usage, and manufacturing variances.
• Develop, maintain, and analyze standard costs and ensure appropriate annual and periodic cost updates.
• Analyze production, purchase price, labor, overhead, material usage, and volume variances and identify root causes and corrective actions.
• Partner with Operations and Manufacturing leadership to improve cost visibility, productivity, and profitability.
• Provide financial analysis and recommendations to support operational and strategic decisions.
• Support budgeting, forecasting, long-range planning, and cost-reduction initiatives.

SAP CO / Systems Leadership

• Serve as the functional subject-matter expert and business owner for SAP Controlling (CO) processes.
• Lead the design, implementation, optimization, and continuous improvement of SAP CO functionality.
• Manage key CO processes including:
  • Cost Center Accounting
  • Internal Orders
  • Product Costing
  • Profitability Analysis
  • Standard Costing
  • Actual Costing
  • Allocations and assessments
  • Variance analysis
• Ensure SAP configuration and processes accurately reflect the organization’s financial and operational requirements.
• Partner with IT/SAP teams on system enhancements, integrations, upgrades, testing, and issue resolution.
• Translate Finance and business requirements into effective SAP solutions.
• Lead user acceptance testing, process documentation, training, and implementation of system changes.

Data Integrity & Process Excellence

• Ensure accuracy, consistency, and integrity of financial and operational master data within SAP.
• Establish and maintain appropriate controls around cost centers, profit centers, activity types, cost elements, allocations, and other controlling structures.
• Identify system and process gaps and lead initiatives to simplify, standardize, and automate processes.
• Develop dashboards, reporting tools, and analytics to improve visibility into costs and business performance.
• Drive continuous improvement across Finance and SAP processes.

Month-End Close & Reporting

• Support and/or lead monthly close activities related to cost accounting and controlling.
• Review manufacturing and financial results for accuracy and completeness.
• Prepare management reporting and variance explanations.
• Ensure timely and accurate allocation, settlement, accrual, and cost distribution processes.
• Partner with Accounting and FP&A to reconcile financial and management reporting.

Business Partnership

• Serve as a strategic finance partner to Manufacturing, Operations, Supply Chain, Procurement, Engineering, and other functional leaders.
• Explain complex financial and SAP concepts in a clear, business-oriented manner.
• Provide leadership with insights into cost trends, operational performance, and profitability.
• Challenge assumptions and identify opportunities to improve financial performance.

Leadership & Project Management

• Lead cross-functional projects involving Finance, IT, Operations, and SAP.
• Establish project plans, milestones, requirements, testing, and implementation activities.
• Mentor and provide technical guidance to cost accounting and controlling team members.
• Promote consistent processes and best practices across sites and business units.
• Lead change management associated with new systems, processes, and reporting requirements.

Qualifications

• Bachelor’s degree in finance, Accounting, Business, Information Systems, or related field.
• 7+ years of progressive experience in cost accounting, controlling, financial analysis, or a related manufacturing finance environment.
• Strong experience with SAP CO and related SAP Finance functionality.
• Demonstrated experience with manufacturing cost accounting and product costing.
• Strong understanding of standard costing, variance analysis, cost allocations, budgeting, and forecasting.
• Experience partnering with IT and business stakeholders on ERP implementations, enhancements, and system projects.
• Strong analytical, problem-solving, and project-management skills.
• Advanced Excel and financial reporting/analytics capabilities.
• Ability to manage multiple priorities and lead cross-functional initiatives.

Preferred Qualifications

• SAP S/4HANA experience.
• SAP CO certification or equivalent demonstrated expertise.
• Experience with SAP PP, MM, and FI integration.
• Experience in a global, multi-site manufacturing organization.
• Experience with standard and actual costing.
• Experience with business intelligence tools.
• Experience leading SAP implementations, upgrades, or transformation initiatives.
• CPA, CMA, MBA, or other relevant advanced qualification.

 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.

It is the policy of Vishay to provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to sex, race, color, religion, national origin, disability, protected veteran status, age, or any other characteristic protected by law.

As an equal opportunity employer, Vishay is committed to a diverse workforce. In order to ensure reasonable accommodation for individuals protected by Section 503 of the Rehabilitation Act of 1973, the Vietnam Veterans' Readjustment Act of 1974, and Title I of the Americans with Disabilities Act of 1990, applicants that require accommodation in the job application process may contact [email protected] assistance