Senior Director of Global Cost Management & SAP CO Strategy

Vishay • Malvern, PA

10d • Hybrid

About The Position

Vishay is seeking a Senior Director of Global Cost Management & SAP CO Strategy to lead manufacturing cost controlling and serve as the functional subject-matter expert and business owner for SAP Controlling (CO). The role partners with Finance, Manufacturing, Operations, Supply Chain, Procurement, Engineering, IT, and SAP teams to improve cost visibility, productivity, profitability, and financial performance. The listed job location is Malvern, Pennsylvania, with a hybrid work schedule.

The position leads cost analysis and processes across manufacturing operations, including product costs, labor, overhead, material usage, manufacturing variances, standard and actual costing, budgeting, forecasting, and cost-reduction initiatives. It also leads SAP CO design, implementation, optimization, and continuous improvement; supports system enhancements and integrations; and ensures financial and operational data integrity, effective controls, and accurate reporting.

The role supports month-end close and management reporting, leads cross-functional projects and change management, and mentors cost accounting and controlling team members. The position requires a bachelor’s degree in a relevant field and at least seven years of progressive experience in cost accounting, controlling, financial analysis, or manufacturing finance.

Requirements

• Bachelor’s degree in finance, accounting, business, information systems, or a related field.
• At least 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 or analytics capabilities.
• Ability to manage multiple priorities and lead cross-functional initiatives.

Nice To Haves

• 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 another relevant advanced qualification.

Responsibilities

• Lead cost controlling 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; identify root causes and corrective actions.
• Partner with Operations and Manufacturing leadership to improve cost visibility, productivity, and profitability.
• Provide financial analysis and recommendations for operational and strategic decisions; support budgeting, forecasting, long-range planning, and cost-reduction initiatives.
• Serve as the functional subject-matter expert and business owner for SAP Controlling processes.
• Lead the design, implementation, optimization, and continuous improvement of SAP CO functionality and processes, including cost center accounting, internal orders, product costing, profitability analysis, standard and actual costing, allocations, assessments, and variance analysis.
• Ensure SAP configuration and processes meet financial and operational requirements; partner with IT and SAP teams on enhancements, integrations, upgrades, testing, and issue resolution.
• Translate Finance and business requirements into SAP solutions; lead user acceptance testing, process documentation, training, and system-change implementation.
• Ensure accuracy, consistency, and integrity of financial and operational master data in SAP.
• Establish and maintain controls for 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.
• Support 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, and ensure timely and accurate allocation, settlement, accrual, and cost distribution processes.
• Partner with Accounting and FP&A to reconcile financial and management reporting.
• Serve as a strategic finance partner to Manufacturing, Operations, Supply Chain, Procurement, Engineering, and other functional leaders; explain complex financial and SAP concepts clearly.
• Provide leadership with insights into cost trends, operational performance, and profitability; challenge assumptions and identify improvement opportunities.
• Lead cross-functional projects involving Finance, IT, Operations, and SAP, including project plans, milestones, requirements, testing, and implementation.
• 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.

Benefits

• Comprehensive benefits programs, including health care coverage, financial support programs, and other resources.
• Career paths and opportunities to work globally and locally.
• Open and collaborative culture.
• Stable business.

What This Job Offers

• Job Type: Full-time
• Career Level: Director