Financial Analyst (Teradyne, N. Reading MA)

We are the global test and automation specialists, powering next-generation technologies through sophisticated solutions. Behind every electronic device you use, Teradyne's test technology ensures your device works right the first time, every time! Our portfolio of automation solutions help manufacturers to develop and deliver products quickly, efficiently and cost-effectively. Together, Teradyne companies deliver manufacturing automation across industries and applications around the world!
 

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 supported 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:

Teradyne is hiring a Financial Analyst to support our Defense & Aerospace division.

Teradyne is searching for a Financial Analyst to join their team with a focus on all facets of the Defense and Aerospace division’s business finance. These activities will include performing day-to-day accounting and finance activity in support of the division. This position will play a critical role in the financial management and analysis of the organization’s growth and profitability.

Key areas include revenue and cost accounting, variance investigation, journal entries, account reconciliations and financial inventory management.

Principal Activities

• Drive preparation of weekly revenue files including cost of goods sold (COGS) analysis, and profitability reports.
• Prepare revenue recognition for service contracts and other service deliverables.
• Perform margin and profitability analysis—including mix, pricing, warranty, and cost drivers—and develop financial models supporting new product introductions and strategic investments.
• Support Division Controller in analyzing inventory balances, turnover rates, and other key inventory valuation metrics.
• Oversee OPEX and global headcount reporting, managing budgets, tracking spending, monitoring requisitions, and ensuring adherence to division plan assumptions.
• Assist in the development of the Quarterly Business Review package, annual budget forecast, providing insights on cost drivers and potential cost fluctuations.
• Interpret quarter-end financial data, historical business trends, and statistical data to understand the cost drivers for variances from budget/forecast/prior year.
• Collaborate with project managers to track and analyze project-specific costs, ensuring accurate project accounting and financial reporting.
• Support Teradyne’s cash flow objectives through collaboration with credit collections and sales
• Assist with internal and external audits ensuring compliance with Generally Accepted Accounting Principles (GAAP), Sarbanes- Oxley requirements and Teradyne Accounting Policies and Procedures.
• Support continuous improvement initiatives in the business for Finance.

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 accounting, finance, or related field
• 3-5 years of experience in accounting or finance
• Strong understanding of U.S. GAAP
• Proficiency in financial concepts and ability to investigate variances and meet deadlines.
• Advanced skill in Microsoft Office for data analysis and financial modeling, specifically Excel and PowerPoint
• Capable of researching, retrieving, organizing, and summarizing data sets needed for financial reporting and various ad-hoc analysis.
• Strong attention to detail and accuracy in financial reporting
• Desire to lead and hold him/ herself accountable.
• Strong interpersonal, written, and oral communication skills.
• Ability to work collaboratively with various business partners.
• Ability to manage multiple tasks simultaneously and meet required deadlines.
• Experience with ERP and financial systems a plus

**We are only considering candidates local to position location and are unable to provide relocation for this position.

**This position is not eligible for visa sponsorship.

Compensation:

The base salary range for this role is $86,700 - $138,700. 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. 

#LI-RA1

ITAR Restriction: All candidates for this ITAR restricted position must be one of the following: US Citizen or U.S. Permanent Resident, Asylee, Refugee or otherwise lawfully admitted under an amnesty program.

The above listed position may involve access to export controlled technology and may be subject to export licensing requirements prior to employment.