Financial Analyst (Teradyne, N. Reading MA)

Teradyne • North Reading, MA

2d

About The Position

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.

Requirements

• 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.

Nice To Haves

• Experience with ERP and financial systems a plus

Responsibilities

• 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.

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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level