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Teradyne is hiring a Financial Analyst to support our Defense & Aerospace 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.
Job Responsibility:
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
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
Experience with ERP and financial systems a plus
Nice to have:
Experience with ERP and financial systems
What we offer:
Discretionary bonus(es) based on financial performance
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