Senior Director of Global Cost Management & SAP CO Strategy

Location: Malvern

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  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…