Financial Analyst

SPX Technologies • Mason, OH

6d • Onsite

About The Position

As a Financial Analyst, you will serve as a key finance partner to the Engineered Air Movement business by delivering accurate financial reporting, forecasting, operational analysis, and actionable insights. You will collaborate with Sales, Operations, Engineering, and Finance leadership to support sound decision-making, strengthen financial controls, improve operating performance, and advance the profitable growth of the business.

Requirements

• Advanced proficiency in Microsoft Excel, including pivot tables, lookup functions, data analysis, and financial modeling.
• Proficiency in data mining, query generation, and translating 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, problem-solving, and attention-to-detail skills.
• 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.
• 2-4 years of relevant experience in financial planning and analysis, cost accounting, or operational finance; manufacturing experience preferred.

Nice To Haves

• 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 a thorough understanding of assigned financial reports, investigate unusual results, and provide recommendations that support the financial health and performance of the EAM business.
• Compile and analyze financial information to maintain the integrity of the general ledger and ensure inventory and manufacturing transactions are recorded accurately and timely.
• Actively 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, analyse, and maintain recurring and nonrecurring journal entries, reconciliations, and supporting documentation related to operational cost accounting and inventory book-to-perpetual activity.
• Analyse and prepare 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 the results.
• Develop and improve operational reports, dashboards, and key performance indicators that clearly communicate the financial implications of manufacturing activities.
• Support capital expenditure analysis, business cases, and return-on-investment evaluations for operational projects as assigned.
• Build the annual budget and rolling forecasts in partnership with department leaders, challenging assumptions and ensuring alignment with strategic goals.
• Roll forward forecast files for the income statement, balance sheet, and cash flow statement, 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.
• Drive continuous improvement in forecasting models, processes, and methodologies.
• Load approved forecasts into OneStream and validate the accuracy and completeness of submitted data.
• Provide leadership with timely analysis and reporting on product costs, gross margin, and the key factors affecting profitability.
• Support the annual standard cost development and roll process, including validation of material, labour, 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 used in the annual operating plan, forecasts, and monthly business reviews.
• Support internal and external audit, tax, and financial control requirements related to cost accounting and inventory.
• Travel to outside warehouses or other facilities to support physical inventory and cycle count activities as needed.

Benefits

• 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
• Commitment to embrace diversity to build a culture of inclusion at SPX

What This Job Offers

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