Senior Cost Accountant

Apply now »

Date: Apr 20, 2024

Location: North Reading, MA, US

Company: Teradyne

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 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

The Senior Cost Accounting will be part of a team responsible for inventory and cost reporting for Teradyne’s Semi and System Test groups. The nature of this position and associated responsibilities offers a continuous working relationship in production and inventory control environment at many of Teradyne’s locations throughout the world. While accounting skills are a definite requirement for this role, the position offers the candidate an excellent opportunity to integrate those skills with insight and knowledge into Teradyne's manufacturing environment.


This is a pivotal role that requires someone with attention to detail, desire to improve and automate processes including working in a fast-changing environment to ensure our accounting reflects the current business state.  You will be a key member in a high performing inventory and cost accounting function.


  • Participate in weekly, monthly and quarterly close and reporting processes.
  • Present inventory related explanations in our quarterly close meetings with Corporate Accounting group, including being able to provide additional business context as needed.
  • Participate in recurring status update/ forecast and review meetings with internal business partners.
  • Work closely with Operations and Finance / Corporate Accounting groups including participating in initiatives for ongoing process and systems improvements to increase compliance, integrity, and scalability.
  • Prepare ad hoc inventory analysis as requested and respond to auditor queries.
  • Understand internal and external cost reporting requirements and optimize financial systems to provide improved visibility.


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.


  • Bachelors degree in Accounting, Finance or related field; CPA preferred
  • 6+ years of cost accounting experience within manufacturing environment 
  • Experience in developing, maintaining, and documenting SOX controls
  • Experience in analyzing and reviewing item costs for semi-annual standards setting, as well conducting other costing processes including review of job close, purchase price and standard cost variances
  • Ability to synthesize large amounts of data into useful information using Excel, Access, UiPath, Power Query and other analytical tools to illustrate findings, analyze trends and report results 
  • Ability to develop strong relationships with key business partners including “being in the trenches” with them
  • Ability to quickly grasp company operations and business drivers
  • Proficiency with Microsoft tools such as Access and Excel; Microsoft Power Query and Power Automate as well as automation tools such as UiPath Studio preferred
  • Desire to move into manager role in the future


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.


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.








Job Segment: Accounting, CPA, Finance

Apply now »