Finance Development Program

Posted 6 Days Ago
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Natick, MA, USA
In-Office
71K-76K Annually
Entry level
Robotics
The Role
Participate in four six-month Finance rotations covering planning, analysis, reporting, accounting, and ad hoc projects. Responsibilities include analyzing booking, revenue, margin, and expense trends; providing SAP and Business Intelligence analytics; preparing management reports; improving processes; and supporting business-unit projects. The program also offers exposure to accounting, SOX, investor relations, international assignments, mentoring, networking, and career development.
Summary Generated by Built In
Job Description

The Company: 

Cognex is the global leader in the exciting and growing field of machine vision.  With more than $500 million of cash and investments and no debt, we are a financially strong international company with a culture that maintains the fast paced, creative environment of a startup.  Our employees, proudly called “Cognoids,” take their work seriously, but don't take themselves seriously.   Our Work Hard, Play Hard, Move Fast culture recognizes our employees for their innovation, perseverance, and hard work in a fun, rewarding, and quirky environment.  

  

The Team: 

Our Finance organization is responsible for financial planning and reporting, accounting, sales planning and operations, demand planning, as well as ensuring processes meet the strategic needs of our business.  Cognex is a global, publicly traded manufacturer and marketer of advanced integrated technology products whose 2024 annual revenue exceeded $900 million.  We have an excellent team with members who have gained diversified experience during their tenure in the company. 
  

The Role: 

Cognex is looking for motivated undergraduates to join our Finance Development Program (FDP) and begin their career as a Cognoid.  The program consists of four six-month rotations in various areas in Finance.  The rotations will incorporate planning, analysis, reporting, accounting, and other ad hoc projects.  Management will provide career development planning, mentoring, networking opportunities, and detailed performance feedback.  

Open to Undergraduate Seniors graduating in May 2027 (Program start date: June 2027) 

Example Responsibilities: 

  • Analyze booking, revenue, and margin trends 
  • Plan and analyze department expenses 
  • Provide data analytics utilizing SAP and Business Intelligence tools 
  • Prepare monthly/quarterly reports for senior management package 
  • Propose and implement process improvements 
  • Provide financial support for ad hoc business unit projects 
  • International assignment opportunities 
  • Accounting and SOX exposure 
  • Investor Relations exposure 
  • Cross functional exposure 
      

Knowledge, Skills, and Abilities: 

  • Eager to Work hard, Play hard, Move fast! 
  • Enthusiasm for learning new financial skills, business, and product knowledge 
  • A team player with the ability to work independently 
  • Self-starter who demonstrates confidence working cross functionally 
  • Strong organizational skills and attention to detail 
  • Excellent verbal and written communication skills are a must 
      

Minimum education and work experience required: 

  • A Bachelor’s Degree in either Finance, Accounting, or other quantitative field is required 
  • 3.3 minimum cumulative GPA 
  • Internship experience is a plus 
  • Extra-curricular involvement 

A reasonable estimate of the base salary range for this role is 71,000 USD - 76,000 USD. Please note that actual salaries may vary within the range based on factors including, but not limited to, education, training, experience, professional achievement, business need, and location. In addition to base salary, employees will participate in either an annual bonus plan based on company and individual performance or a sales incentive plan.


This position provides a comprehensive benefits package, including health, dental, and vision insurance; a 401(k) retirement plan with company matching; employer-paid disability, family leave, life insurance, paid time off (including holidays), optional voluntary benefits, and recognition and wellness programs.

Additional Job Description

Equal Employment Opportunity

Cognex is an equal opportunity employer. Cognex evaluates qualified applicants without regard to race, color, religion, gender, national origin, age, sexual orientation, gender identity or expression, protected veteran status, disability/handicap status or any other legally protected characteristic.

Skills Required

  • Bachelor's degree in Finance, Accounting, or another quantitative field
  • Minimum cumulative GPA of 3.3
  • Internship experience
  • Extracurricular involvement

Cognex Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Cognex and has not been reviewed or approved by Cognex.

  • Healthcare Strength Health insurance and dental coverage are included, and coverage is described as good compared to alternatives.
  • Leave & Time Off Breadth A PTO/Vacation policy is in place and time off is generally considered reasonable; time away is treated as actual downtime without expectations to work.
  • Retirement Support A 401(k) match is offered and is characterized as solid, though not best-in-class.

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The Company
HQ: Natick, MA
2,570 Employees
Year Founded: 1981

What We Do

Cognex Corporation designs, develops, manufactures and markets a wide range of image-based products, all of which use artificial intelligence (AI) techniques that give them the human-like ability to make decisions on what they see. Cognex products include machine vision systems, machine vision sensors and barcode readers that are used in factories and distribution centers around the world where they eliminate production and shipping errors. Cognex is the world's leader in the machine vision industry, having shipped more than 4 million image-based products, representing over $10 billion in cumulative revenue, since the company's founding in 1981. Headquartered in Natick, Massachusetts, USA, Cognex has offices and distributors located throughout the Americas, Europe and Asia. For details visit Cognex online at www.cognex.com.

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