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Finance Manager (Teradyne, N. Reading MA)

$105.9k - $169.4k

Teradyne Inc

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!

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.

Our Purpose:

TERADYNE, where experience meets innovation and driving excellence in every connection. We are fueled by creativity and diversity of thought 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.

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 helps ensure that device works right the first time, every time. Together, Teradyne companies deliver manufacturing automation across industries and applications around the world.

Opportunity Overview:

We're seeking a proactive, analytically driven Finance Manager to manage a small team andto support the Applications business within our Semiconductor Test organization. In this highly visible role, you'll serve as a trusted finance partner to business leaders - providing actionable insights, driving financial discipline, and leading process improvements that unlock efficiency and value across the business.

You will combine strong financial planning and analysis (FP&A) expertise with a passion for business partnership, enabling data-driven decisions and operational excellence. You'll also help advance process automation and digital analytics capabilities, building scalable tools and models that enhance agility and performance across the Applications portfolio.

Key Responsibilities

Business Partnering
  • Serve as a primary finance contact for Applications business leadership
  • Partner with Application managers to evaluate projects against sales opportunities
  • Translate operational strategies into financial impacts and advise leaders on key business decisions
  • Collaborate cross-functionally to assess resource allocation and capital expenditure requests, ensuring financial rigor and alignment with strategic priorities
Financial Planning & Analysis (FP&A)
  • Manage a team of finance professionals across multiple regions supporting the applications organization
  • Lead components of the budgeting and forecasting cycle for the Applications business, partnering with leaders to build accurate spend plans and tracking models
  • Manage spend allocation and maintain the operational spend model to ensure transparency and accountability
  • Support quarter-end close activities, including journal entries, accruals, and variance analysis
Process Optimization & Automation
  • Identify inefficiencies in financial workflows and reporting processes, and lead initiatives to automate data collection, reporting, and analysis using tools such as Power BI, Excel, or ERP enhancements
  • Standardize and document best practices for recurring processes
Reporting & Insights
  • Prepare and present monthly and quarterly financial performance reviews, delivering meaningful variance analysis with actionable recommendations to senior management
  • Monitor and report on KPIs across the Applications business, developing dashboards and scorecards for leadership
  • Prepare quarterly business review materials and other reporting packages
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, Economics, or related field (MBA, CPA, or CFA preferred)
  • 5+ years of progressive experience in Finance or FP&A, ideally supporting a technology, semiconductor, or manufacturing business
  • Strong analytical and financial modeling skills with advanced proficiency in Excel; experience with Power BI, Oracle, or Hyperion a plus
  • Proven ability to influence stakeholders and drive cross-functional initiatives independently in a dynamic, fast-paced environment
  • Demonstrated success in process improvement and automation projects
  • Strong communication skills, with the ability to frame problem statements and present insights clearly to leadership

Compensation:

The base salary range for this role is $105,900 - $169,400. 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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Vacancy posted 4 days ago
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