Purchasing Finance Manager – Semiconductors

Visteon Corp.; Van Buren Charter Township (MI); Hybrid; USD 80,000 - 120,000; Full time

Job summary

Join a forward-thinking company at the forefront of the mobility revolution as a Purchasing Finance Manager for Semiconductors. In this pivotal role, you will drive cost efficiency and strategic procurement in the rapidly evolving semiconductor industry. Your expertise in cost estimation and analysis will support key decision-making processes, ensuring the company's competitiveness. Collaborate with cross-functional teams and engage with suppliers to negotiate terms and validate cost data. Be part of a mission-driven organization that values innovation and is committed to shaping a cleaner, safer future in automotive technology. Your contributions will make a significant impact in an industry that is changing the way we interact with our vehicles.

Qualifications

• 3+ years of experience in cost estimation or procurement in the semiconductor industry.
• Strong analytical skills with proficiency in financial analysis.

Responsibilities

• Evaluate and estimate costs of semiconductor components and materials.
• Collaborate with suppliers for pricing and negotiate terms.
• Prepare detailed reports on cost analyses and procurement strategies.

Skills

Cost Estimation

Analytical Skills

Negotiation Skills

Communication Skills

Strategic Thinking

Problem-Solving

Education

Bachelor's degree in Supply Chain Management

Bachelor's degree in Engineering

Bachelor's degree in Business

Tools

ERP Systems

Cost Estimation Tools

Job description

Purchasing Finance Manager – Semiconductors

Job Category: Finance

Requisition Number: PURCH019491

• Posted: February 14, 2025
• Full-Time
• Hybrid

Locations

Grace Lake Corp Center
Van Buren Twp, MI 48111, USA

Description

At Visteon, the work we do is both relevant and recognized—not just by our organization, but by our peers, by industry-leading brands, and by millions of drivers around the world. That’s YOUR work.

As a truly global technology leader in the mobility space, focused on building cross-functional AND cross-cultural teams, we connect you with people who help you grow.

So here, whatever we do is not a job. It’s a mission. As a multi-billion-dollar leader of disruptive change in the industry, we are shaping the future while enabling a cleaner environment. No other industry offers more fast-paced change and opportunity. We are in the midst of a mobility revolution that will completely change the way we interact with our vehicles, reduce the number of car accidents and fatalities, and make the world a cleaner place.

Visteon is at the epicenter of this mobility revolution.

Two major trends in the automotive industry – the shift to electric vehicles and vehicles with autonomous safety technologies – have created unique opportunities for Visteon. We are the only automotive provider focused exclusively on cockpit electronics – the fastest-growing segment in the industry.

Job Description: Purchasing Controller & Cost Estimator for Semiconductors

Position Overview:

The Purchasing Cost Estimator for Semiconductors plays a critical role in the supply chain and procurement operations by analyzing, estimating, and managing the costs associated with sourcing semiconductor components and materials. This position ensures cost efficiency and strategic procurement alignment, supporting the company’s competitiveness in a rapidly evolving semiconductor industry.

Key Responsibilities:

1. Cost Estimation and Analysis:
   • Evaluate and estimate the cost of semiconductor components, materials, and manufacturing processes.
   • Analyze supplier cost structures, market trends, and industry benchmarks to provide accurate cost predictions.
   • Develop cost models and scenarios to aid in decision-making.
   • Submit & explain right costing analysis at Gates 0 and 1.
2. Supplier Engagement:
   • Collaborate with suppliers to gather pricing, negotiate terms, and validate cost data.
3. Market Research and Trends Analysis:
   • Stay updated on semiconductor industry trends, raw material price fluctuations, and technology advancements.
   • Provide insights on potential cost impacts due to market changes, supply chain disruptions, or new regulations.
4. Procurement Support:
   • Work closely with the purchasing team to identify cost-saving opportunities.
   • Support vendor selection and contracting processes by providing cost-related insights and recommendations.
5. Cross-Functional Collaboration:
   • Collaborate with engineering, R&D, and production teams to understand technical requirements and cost drivers.
   • Partner with finance and operations teams to ensure alignment with budgets and organizational goals.
6. Reporting and Documentation:
   • Prepare detailed reports on cost analyses, procurement strategies, and savings opportunities.
   • Maintain accurate records of cost estimates, supplier quotes, and pricing trends.

Qualifications:

• Bachelor’s degree in Supply Chain Management, Engineering, Business, or a related field.
• 3+ years of experience in cost estimation, procurement, or industrial controlling in the semiconductor industry.
• Strong analytical skills with proficiency in cost modeling and financial analysis.
• In-depth knowledge of semiconductor manufacturing processes, materials, and market dynamics.
• Excellent negotiation and communication skills.
• Proficiency in ERP systems and cost estimation tools.
• Familiarity with regulatory and compliance standards in the semiconductor industry is a plus.

Key Competencies:

• Strategic thinking and problem-solving skills.
• Ability to work under pressure and manage multiple priorities.
• High attention to detail and accuracy.
• Strong collaborative and teamwork capabilities.

This role is pivotal in driving cost efficiency and ensuring the company remains competitive in the highly dynamic semiconductor market.

More Good Reasons to Work for Visteon Focusing on the Future

Our company strategy focuses on leading the evolution of automotive digital cockpits and safety solutions. This strategy is driven by constant innovation, and you will support our efforts through your role. We are recognized across the industry for innovation. We have a strong book of business that is expected to drive future growth, along with a customer base that includes almost every automotive manufacturer in the world.

Company Culture

Working at Visteon is a journey in which our employees can develop their strengths and advance their careers while making a difference globally. Join us and help change the world and how we interact with our vehicles. Visteon is where the best technical talent creates the future.

About Visteon

Visteon is a global technology company serving the mobility industry, dedicated to creating a more enjoyable, connected and safe driving experience. The company’s platforms leverage proven, scalable hardware and software solutions that enable the digital, electric, and autonomous evolution of our global automotive customers. Visteon products align with key industry trends and include digital instrument clusters, displays, Android-based infotainment systems, domain controllers, advanced driver assistance systems and battery management systems. The company is headquartered in Van Buren Township, Michigan, and has approximately 10,000 employees at more than 40 facilities in 18 countries. Visteon reported sales of approximately $2.8 billion and booked $5.1 billion of new business in 2021.