Financial Analyst

our team • Brentwood, CA

24d • Onsite

About The Position

SPX is a diverse team of unique individuals who all make an impact. As a Financial Analyst, you will manage the development of Electric Heat’s quarterly financial forecast, drive the annual budgeting and strategic plan processes, and play a key role in other processes. You will provide analytical and strategic support to senior management and act as the analytical engine of the company to provide insights and support ‘optimal’ business decision-making through forecasting, creating financial budgets, and models, and conducting performance-based analyses.

Requirements

• 2 to 5 years of applicable experience
• FP&A experience within a publicly traded company and/or manufacturing company
• Experience with OneStream, or other financial consolidation platforms
• Bachelor’s degree in accounting or finance required

Nice To Haves

• Desire to get into the details and put the “A” in FP&A
• Work as a business partner in delivering better decision support and enabling strategic initiatives that help improve the organization’s financial performance
• Advanced Microsoft Excel and PowerPoint skills
• Proficient financial modeling, analytical skills, and strong attention to detail as well as strong business acumen
• Able to present results to diverse audiences and communicate effectively (with all levels of the organization)
• Advanced Microsoft Excel skills and the ability to work with complex financial data
• Strong knowledge of planning and performance processes, including annual budgets, monthly forecasts, and periodic business reviews
• Strong communication, with the ability to present financial information in a clear and concise manner
• Capacity to lead and manage others and work cross-functionally
• 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
• Strong working knowledge of accounting, and finance operations.

Responsibilities

• Conduct thorough analysis of financial data, including but not limited to income statements, balance sheets, cash flow statements, and budget reports
• Work closely with senior management to model medium to long-term financial forecasts to align with the Company’s strategic plans
• Collaborate with the finance and accounting teams across Electric Heat to develop and monitor forecasts
• Support business partners by providing financial insights and analysis to identify potential risks and opportunities
• Partner with senior management to solve business challenges and identify opportunities to improve financial performance through analytical support
• Run annual budgets and forecasts, including the roll-out of regular re-forecasting cycles and procedures
• Reconcile and review financial results against budget/forecast and prior year
• Update forecasts
• Identify and explain variances to provide insights to senior management/leaders
• Partner with Corporate Accounting and Department leaders to ensure compliance with relevant accounting standards and regulations
• Manage the budgeting, forecasting, and long-term planning process
• Create financial statements and other financial analyses for review
• Prepare, analyze, and distribute weekly, monthly and quarterly financial reports to be used for predictive modelling, and identify drivers of business results
• Track the performance of business units, segments, and the Company against forecasts
• Monitor market and business-specific key performance indicators, highlighting trends and analyzing causes of unexpected variances
• Manage capital expenditure approval process
• Maintain and update bonus and performance-based compensation model
• Develop 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
• Drive, develop, and improve standard processes and procedures by identifying trends, anomalies, 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
• Stay updated on industry best practices and emerging technologies related to accounting and finance
• Participate in other projects (as assigned), that relate to the overall goals of the department and enterprise

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

What This Job Offers

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