Strategic FP&A Finance Manager (LitePoint, San Jose, CA)

LitePoint: Driving Wireless Innovation
LitePoint is a global leader in wireless test solutions, partnering with top wireless device manufacturers to ensure their products meet the high standards of today's tech-savvy consumers. Our out-of-the-box solutions are designed to test the world's most widely used wireless chipsets.

We collaborate with industry leaders in smartphones, tablets, PCs, wireless access points, and chipsets. Additionally, we are at the forefront of testing the rapidly growing Internet of Things (IoT) ecosystem. Headquartered in Silicon Valley, California, with a global presence, LitePoint is a wholly-owned subsidiary of Teradyne (NYSE: TER), a leading provider of automation equipment for testing and industrial applications.
 

Our Purpose
TERADYNE, where experience meets innovation and driving excellence in every connection. We are fueled by creativity and diversity of thought and in our workforce. Our employees are challenged to innovate and learn something new every day.

We cultivate a culture of inclusion for all employees that respects their individual strengths, views, and experiences. We believe that our differences enable us to be a better team – one that makes better decisions, drives innovation and delivers better business results.

Opportunity Overview

LitePoint is seeking an experienced and motivated Strategic Finance Manager to lead our financial planning and analysis team to develop, implement, and manage financial planning and analysis processes. This is a high visibility role supporting the executive team. The Strategic Finance Manager will be responsible for overseeing forecasting, budgeting, and financial analysis processes, as well as providing strategic financial insights to support the company's growth and profitability plans. The ideal candidate will have strong hands-on financial planning and analysis skills, solid understanding of accounting principles, experience with collaborative business partnership with business functional leads, and excellent communication skills with experience guiding a high performing team with track record of identifying and implementing process improvements to unlock profitable growth.

This is an onsite role located in our San Jose Headquarters.

• Oversee and manage the annual budgeting, quarterly forecasting, weekly updates, and long-range financial planning processes.
• Develop financial forecast and track performance to plan. Identify and drive actions to deliver to plan.
• Analyze financial data to identify trends, risks, and opportunities for growth and cost savings.
• Manage P&L, workforce planning, sales commissions, and revenue/bookings forecast model.
• Collaborate with executives (functional VP’s) to ensure alignment of financial plans (P&L rollup) with strategic objectives.
• Develop and maintain management dashboards and other business intelligence reporting.
• Driving financial close and variance analysis, partnering with accounting and finance counterparts to identify and implement process improvements.
• Management reporting - analyzing financial results, identifying key trends, assessing current and future business risk, and communicating key insights
• Provide analytical support and monitor key performance indicators, highlighting trends and analyzing causes of changes. Conduct deep dives when observing abnormal trends.
• Provide ad-hoc analyses that help drive business strategy and improve efficiency.
• Drive improvements in financial processes, tools, and reporting capabilities to enhance business efficiency and accuracy.
• Evaluate potential investments, mergers, and acquisitions to support inorganic growth initiatives.
• Support accounting close process by ensuring accuracy through analyzing actual to forecast variances.
• Key member of the finance leadership team to mentor and develop FP&A and broader finance team, promoting a culture of continuous learning and professional growth.

All About You
We seek individuals who share our passion and determination. Our commitment to customer success drives us to go the extra mile. If you’re ready to join us in this mission, take a closer look at the minimum criteria for the position.

• Bachelor's degree in Finance, Accounting or a related field. MBA or advanced degree is a plus.
• 5+ years of experience in financial planning and analysis, with at least 2 years in a leadership role.
• Expert financial modeling and analytical skills with full P&L management experience.
• Expert Microsoft Excel user with Power Query and Power BI working knowledge.
• Proficient in ERP and CRM systems, ideally MS Dynamics Navision and Salesforce.
• In-depth knowledge of accounting principles, financial statement analysis, and management reporting.
• Excellent communication, presentation, and interpersonal skills, including working experience with Microsoft PowerPoint.
• Proven ability to lead and develop high-performing teams.
• Strong attention to detail, problem-solving abilities, and a results-driven mindset.

This position is not eligible for visa sponsorship.

Compensation:
The base salary range for this role is $115,100-$184,100. This range is a good faith estimate, and the amount of base salary will correspond with experience and skill set. This range can also fluctuate depending on demand and location.

Incentive Plan: This job is eligible for discretionary bonus(es) based on financial performance.  

Benefits: Teradyne offers a variety of robust health and well-being benefit programs, including medical, dental, vision, Flexible Spending Accounts, retirement savings plans, life and disability insurance, paid vacation & holidays, tuition assistance programs, and more.  Please click here to see details.

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We attract, develop, and retain a high-performance workforce, comprised of people with diverse backgrounds and a shared drive for excellence. We strive to foster a positive and inclusive work environment that helps employees, and communities, thrive.