Financial Analyst

SPX Technologies • Mason, OH

11d • Onsite

About The Position

The Financial Analyst serves as a finance partner to SPX Technologies’ Engineered Air Movement business, delivering financial reporting, forecasting, operational analysis, and actionable insights. The role works with Sales, Operations, Engineering, and Finance leadership to support decision-making, strengthen financial controls, improve operating performance, and advance profitable growth.

The position is onsite and performed primarily in an office environment, with regular interaction in a manufacturing setting. Travel of less than 10% may be required for visits to other SPX facilities or warehouses, physical inventory activities, or training. Employees entering production areas must follow site safety requirements and wear required personal protective equipment, including foot, eye, and hearing protection. Occasional extended hours may be required during month-end close, annual planning, audits, or physical inventory activities.

Requirements

• Advanced proficiency in Microsoft Excel, including pivot tables, lookup functions, data analysis, and financial modeling.
• Proficiency in data mining and query generation, and ability to translate large or complex data sets into clear financial insights.
• Ability to succeed in a fast-paced, team-oriented environment, manage competing priorities, and consistently meet deadlines.
• Strong mathematical, analytical, and problem-solving skills and attention to detail.
• Strong written and verbal communication skills, including the ability to present financial information and respond effectively to questions from auditors, leaders, and cross-functional partners.
• Bachelor’s degree in Accounting, Finance, or a related field required.
• 2–5 years of relevant experience in financial planning and analysis, cost accounting, or operational finance.

Nice To Haves

• Manufacturing experience.
• Experience with financial controls and Sarbanes-Oxley (SOX) requirements in a manufacturing environment.
• Experience with Power BI, Microsoft Access, or other data visualization and reporting tools.
• Experience working with an ERP system such as SAP, Infor, Oracle, JD Edwards, or a comparable platform.
• Self-directed and proactive, with strong initiative, organization, business partnership, and follow-through.

Responsibilities

• Develop an understanding of assigned financial reports, investigate unusual results, and recommend actions supporting the financial health and performance of the business.
• Compile and analyze financial information to maintain general ledger integrity and ensure inventory and manufacturing transactions are recorded accurately and on time.
• Participate in Operations meetings, projects, and continuous improvement initiatives by providing financial guidance, reporting, data validation, and decision support.
• Maintain monthly close files, including Profit and Loss reports, Gross Margin Walks, and Operating Expense reporting.
• Prepare and maintain recurring and nonrecurring journal entries, reconciliations, and supporting documentation related to operational cost accounting and inventory book-to-perpetual activity.
• Prepare and analyze monthly financial reports; explain actual results compared with budget, forecast, and prior periods; identify trends, risks, and opportunities.
• Prepare and interpret monthly standard margin, gross margin, and cost of goods sold/manufactured analyses, and recommend actions based on results.
• Develop and improve operational reports, dashboards, and key performance indicators that communicate the financial implications of manufacturing activities.
• Support capital expenditure analysis, business cases, and return-on-investment evaluations for operational projects.
• Build the annual budget and rolling forecasts in partnership with department leaders, challenge assumptions, and ensure alignment with strategic goals.
• Roll forward income statement, balance sheet, and cash flow forecast files and prepare future-period assumptions and inputs for analysis.
• Partner with functional and business leaders to understand funding needs, challenge assumptions when appropriate, and ensure alignment with strategic goals.
• Own and maintain working capital and cash flow models used to support balance sheet forecasting.
• Improve forecasting models, processes, and methodologies.
• Load approved forecasts into OneStream and validate submitted data for accuracy and completeness.
• Provide leadership with timely analysis and reporting on product costs, gross margin, and factors affecting profitability.
• Support annual standard cost development and roll processes, including validation of material, labor, and overhead assumptions.
• Monitor and analyze manufacturing performance, including material, labor, overhead, purchase price, volume/mix, efficiency, productivity, and spending variances.
• Compile and analyze manufacturing cost information for the annual operating plan, forecasts, and monthly business reviews.
• Support internal and external audits, tax, and financial control requirements related to cost accounting and inventory.
• Travel to outside warehouses or other facilities as needed to support physical inventory and cycle count activities.

Benefits

• Generous and flexible paid time off, including paid personal time off, caregiver, parental, and volunteer leave.
• Competitive health insurance plans.
• 401(k) match.
• Benefits starting day one.
• Competitive and performance-based compensation packages and bonus plans.
• Educational assistance.
• Leadership development programs.
• Recognition programs.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level