Principal Engineer Jobs in Wilmington, MA

INTRODUCTION

Onto Innovation is a leader in process control, combining global scale with an expanded portfolio of leading-edge technologies that include: 3D metrology spanning the chip from nanometer-scale transistors to micron-level die-interconnects; macro defect inspection of wafers and packages; metal interconnect composition; factory analytics; and lithography for advanced semiconductor packaging. Our breadth of offerings across the entire semiconductor value chain helps our customers solve their most difficult yield, device performance, quality, and reliability issues. Onto Innovation strives to optimize customers’ critical path of progress by making them smarter, faster and more efficient.

JOB SUMMARY & RESPONSIBILITIES

Position Overview

The Principal Finance Manager – Cost Analyst will serve as a key finance partner responsible for SG&A planning, budgeting, forecasting, and consolidation across a complex organization. In this role, you will support multiple business and project teams with competing priorities while providing clear financial insight, disciplined budget management, and actionable analysis to leadership. This position requires strong financial planning acumen, prior experience setting targets and managing SG&A budgets, and the ability to operate independently in a fast-paced environment.

Key Responsibilities

1. SG& A Planning, Budgeting & Forecasting

• Lead the development, consolidation, and ongoing management of SG&A budgets, forecasts, and annual operating plans across multiple functions and project teams.
• Partner with business leaders to set financial targets, monitor performance against plan, and identify key risks and opportunities.
• Prepare accurate and timely expense forecasting models, scenario analyses, and budget updates to support decision-making and resource allocation.

2. Cross-Functional Partnership & SG&A Consolidation

• Manage SG&A consolidation across a complex organizational structure, ensuring alignment of assumptions, reporting consistency, and timely delivery of consolidated views.
• Support multiple cross-functional and project teams with competing priorities by providing financial guidance, budget tracking, and ad hoc analysis.
• Partner with department leaders to evaluate spending trends, explain variances, and recommend actions to improve cost discipline and financial performance.

3. Financial Analysis, Reporting & Process Improvement

• Develop and deliver recurring and ad hoc management reporting packages that provide clear insight into SG&A performance, spending trends, and forecast changes.
• Build and maintain robust Excel-based models and analytical tools to support budgeting, consolidation, variance analysis, and executive presentations.
• Identify opportunities to improve financial processes, reporting accuracy, and planning efficiency through standardization, automation, and disciplined execution.

QUALIFICATIONS

Education & Experience

• Bachelor’s degree in Finance, Accounting, Economics, or a related field required; advanced degree or professional certification is a plus.
• 5+ years of progressive finance experience in FP&A, cost analysis, or related roles with direct responsibility for SG&A planning and budget management.
• Demonstrated experience working within a complex, matrixed organization and supporting multiple teams or projects with competing deadlines and priorities.
• Prior systems experience with Oracle EBS is a plus.

Core Competencies

• SG&A Management: Prior experience managing SG&A budgets, forecasts, and target-setting processes.
• Financial Planning Acumen: Strong analytical foundation with the ability to translate financial data into actionable business insights.
• Excel Expertise: Advanced Excel skills required, including complex modeling, pivot tables, lookups, and data analysis.
• Self-Starter Mindset: Highly organized, proactive, and able to work independently while balancing multiple priorities in a fast-paced environment.

Why Join Onto Innovation?

At Onto Innovation, we believe your work should matter—and so should your well-being. That’s why we offer competitive salaries and a comprehensive benefits package designed to support you and your family. From health, dental, and vision coverage to life and disability insurance, PTO, and a 401(k) with employer match, we’ve got you covered. You’ll also enjoy access to our Employee Stock Purchase Program (ESPP), wellness initiatives, and cutting-edge tools—all within a collaborative, inclusive culture where your contributions are valued and recognized.

COMPENSATION & GROWTH

• Base Salary Range: $115,200.00 - $172,800.00, offered in good faith and based on experience, location, and qualifications.
• Additional Rewards: Annual bonus opportunities and potential long-term incentives tied to both company and individual success.

Empowering Every Voice to Shape the Future:

Onto Innovation is committed to creating a workplace where every qualified candidate has an equal opportunity to succeed. We evaluate applicants based on skills, experience, and potential - without regard to race, color, religion, gender, sexual orientation, national origin, age, disability, veteran status, or any other characteristic protected by law. We believe diversity of thought and background drives innovation and strengthens our team.

Important Note on Export Compliance

For certain positions requiring access to technical data, U.S. export licensing review may be necessary for applicants who are not U.S. Citizens, Permanent Residents, or other protected persons under 8 U.S.C. 1324b(a)(3).