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Cost controlling director

Newport (Newport)
Vishay Newport Limited
Director
£60,000 - £120,000 a year
Posted: 20 September
Offer description

Vishay Intertechnology, Inc. is a Fortune 1,000 company listed on the NYSE (VSH).

Vishay manufactures one of the world's largest portfolios of discrete semiconductors and passive electronic components that are essential for innovative designs in the automotive, industrial, computing, military, aerospace, and medical industries. We help bring the world's most sought-after technologies to life. Every day, our products touch your life and the lives of people around the world, even if you probably don't know it. Join us and help develop the DNA of tech

Position Overview:

We are interested to talk with an experienced
Cost Controller
Director (m/f/d). This role is critical in managing and optimizing manufacturing costs associated with front-end semiconductor fabrication processes. The ideal candidate will work closely with the operations, engineering, and finance teams of the three semiconductor divisions (MOSFETs, Diodes, and Optoelectronic Components) to ensure cost transparency, drive efficiency and inter-divisional coordination, and support strategic decision-making.

Key Responsibilities:

Cost Monitoring & Analysis:

Track and analyze front-end manufacturing costs, including materials, labor, equipment usage, and overhead.

Identify cost variances and provide root cause analysis with actionable insights.

Budgeting & Forecasting:

* Support the preparation of forecasts / budgets and longer-term strategic financial plans for the semiconductor front-end operations.
* Collaborate with cross-functional teams to align financial plans with operational goals.

Reporting & KPIs:

* Develop and maintain cost dashboards and performance indicators.
* Provide regular reports to management on cost trends, efficiency metrics, and cost-saving opportunities.

Process Improvement:

* Partner with engineering and production teams to identify and implement cost-reduction initiatives.
* Evaluate the financial impact of process changes, yield improvements, and capacity expansions.

Inventory & Asset Control:

* Monitor inventory levels and valuation for raw materials and WIP (work-in-progress).
* Ensure accurate capitalization and depreciation of front-end equipment.

Compliance & Controls:

* Ensure adherence to internal controls, accounting standards, and company policies.
* Support internal and external audits related to cost accounting and manufacturing operations.

Qualifications:

* Bachelor's degree in Finance, Accounting, or a related field (Master's or CPA/CMA is a plus).
* 7-10 years of experience in cost control, preferably in the semiconductor or electronics manufacturing industry.
* Strong understanding of front-end semiconductor processes and cost drivers.
* Proficiency in ERP systems (e.g., SAP) and advanced Excel skills.
* Excellent analytical, communication, and problem-solving abilities.
* Ability to work cross-functionally in a fast-paced, high-tech environment.

Preferred Skills:

* Knowledge of semiconductor industry cost structures and market dynamics.
* Familiarity with lean manufacturing, Six Sigma, or other process improvement methodologies.

Home Office and Travel Requirements:

* Position can be based at any of our primary front-end manufacturing facilities or semiconductor design centers (Newport, UK; Warwick, UK; or Itzehoe, Germany)
* Position may require periodic travel to other front-end manufacturing facilities

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