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Senior Financial Analyst

Senior Financial Analyst

SPX CorporationCharlotte, NC, United States
25 days ago
Job type
  • Full-time
Job description

Building the people that build the world.

With platforms in HVAC and Detection and Measurement, SPX Technologies builds innovative solutions that enable a safer, more efficient, sustainable world. Through our RiSE talent development framework, we Reach, Identify, Strengthen, and Engage our employees to support them in their continued development. We're a global company of problem solvers, collaborators, and innovators, and our businesses build solutions that impact the world.

How you will make an Impact (Job Summary)

SPX is a diverse t eam of unique individuals who all make an impact. As a Senior Financial Analyst of Financial Planning & Analysis (FP&A), you will assist with the development of SPX's quarterly financial forecast and annual budgeting processes and play a key role in driving financial initiatives across the Company. The FP&A team provides data-driven and strategic support to senior management and acts as the analytical engine of the company by delivering insights and supporting 'optimal' business decision-making through forecasting, financial modeling, and analytics.

What you can expect in this role (Job Responsibilities)

While each day brings new opportunities at SPX, your core responsibilities will be :

  • Reporting and Analysis
  • Provide data and analytical support for the Company's quarterly and annual budgeting, forecasting, and long-term planning processes
  • Prepare weekly, monthly and quarterly financial reports to be used for predictive modeling, and identify drivers of business results
  • Track the performance of business units, segments, and the Company against forecasts
  • Support capital expenditure approval process
  • Assist with developing analyses and presentations to communicate the Company's results and forecasts to the investor community, the Company's Board of Directors, senior management, and other key stakeholders
  • Financial and Accounting Support
  • Conduct thorough analyses of financial data, including but not limited to income statements, balance sheets, cash flow statements, and budgets
  • Collaborate with the finance and accounting teams across the enterprise to monitor and analyze forecasts
  • Support business partners by providing financial insights and analysis to identify potential risks and opportunities
  • Corporate Expense
  • Compile, reconcile and review financial results against budget / forecast and prior year, and assist with developing updated forecasts
  • Identify and explain variances to provide insights to key stakeholders
  • Partner with Corporate Accounting and Department leaders to ensure compliance with relevant accounting standards and regulations
  • Continuous Improvement
  • Drive, develop, and improve standard processes and procedures by identifying trends, inefficiencies, and gaps in financial processes
  • Provide actionable recommendations to address challenges, streamline processes, increase productivity, and improve financial performance
  • Assist with the development, documentation, implementation, and continual improvement of financial policies and procedures
  • Take an active role in the broader Finance team; facilitating smooth implementation of - and adherence to - new finance requirements, systems, and processes
  • Participate in other projects (as assigned), that relate to the overall goals of the department and enterprise

What we are looking for (Experience, Knowledge, Skills, Abilities, Education)

We each bring something to the table, and we are looking for someone who has :

Required Experience

  • 2 to 4 years FP&A or Accounting experience within a publicly traded company and / or public accounting firm
  • Preferred Experience, Knowledge, Skills, and Abilities

  • Desire to get into the details and put the "A" in FP&A
  • Proficient financial modeling, analytical skills, strong attention to detail, and a solid business acumen
  • Advanced Microsoft Excel skills and the ability to work with complex financial data
  • Strong communication, with the ability to present financial information to a diverse audience in a clear and concise manner
  • Ability to work independently, prioritize tasks, and meet deadlines in a fast-paced environment
  • Continuous improvement mindset, with a proactive approach to identifying and implementing process improvements
  • Experience with OneStream, or other financial consolidation platforms
  • Strong working knowledge of accounting and finance operations.
  • Education & Certifications

  • Bachelor's degree in accounting or finance required
  • Travel & Working Environment

  • Onsite office environment
  • Up to 20% Travel
  • How we live our culture

    Our culture is at the center of what we do and, more importantly, who we are. Our core values set a standard for how we manage ourselves, and our Leadership Model sets the standard for how we engage with each other. Whether you are an individual contributor or you lead a large team, each of us leads at SPX.

    What benefits do we offer?

    We know that the well-being of our employees is integral. Our benefits include :

  • Generous and flexible paid time off including paid personal time off, caregiver, parental, and volunteer leave
  • Competitive health insurance plans and 401(k) match, with benefits starting day one
  • Competitive and performance-based compensation packages and bonus plans
  • Educational assistance, leadership development programs, and recognition programs
  • Our commitment to embrace diversity to build a culture of inclusion at SPX

    We value different backgrounds, experiences, and voices at SPX, and we are committed to challenging ourselves, openly communicating, and striving to improve every day. We believe in creating an inclusive work environment where everyone has a voice and is encouraged to realize their fullest potential.

    SPX is an affirmative action and equal opportunity employer committed to making selection decisions without regard to race, color, religion, sex, sexual orientation or identity, national origin, age, disability, veteran status, or any other legally protected basis.

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