Senior Director of Global Cost Management & SAP CO Strategy

Vishay Intertechnology, Inc. • Malvern, PA

11d • Hybrid

About The Position

Vishay is seeking a Senior Director of Global Cost Management & SAP CO Strategy to lead manufacturing cost controlling and financial analysis, own SAP Controlling processes, and drive improvements in financial data, reporting, systems, and business processes. The role partners with manufacturing and functional leaders, IT/SAP teams, Accounting, and FP&A to support operational and strategic decisions and improve cost visibility and profitability. The position is based in Malvern, Pennsylvania, with a hybrid work schedule.

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/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 manufacturing cost controlling, including product costs, labor, overhead, material usage, and manufacturing variances.
• Develop, maintain, and analyze standard costs and coordinate 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.
• Act as functional subject-matter expert and business owner for SAP Controlling processes.
• Lead design, implementation, optimization, and continuous improvement of SAP CO functionality, 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/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 implementation of system changes.
• Maintain accuracy and integrity of financial and operational master data in SAP and establish controls for controlling structures.
• Identify system and process gaps and lead efforts to simplify, standardize, and automate processes; develop dashboards, reporting tools, and analytics.
• Support or lead monthly cost accounting and controlling close activities; review results, prepare management reports and variance explanations, and ensure timely allocations, settlements, accruals, and cost distributions.
• 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; communicate financial and SAP concepts clearly and provide insights into costs, performance, and profitability.
• Lead cross-functional projects involving Finance, IT, Operations, and SAP, including project planning, requirements, testing, and implementation.
• Mentor cost accounting and controlling team members, promote consistent practices across sites and business units, and lead change management for new systems, processes, and reporting requirements.

Benefits

• Comprehensive benefit programs, including health care coverage and financial support programs.
• Resources designed to support personal and professional goals.
• Career paths and opportunities to work globally and locally.
• Open and collaborative culture and a stable business.

What This Job Offers

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