Sr. Financial Analyst

SPX Corporation · Charlotte, NC

Company

SPX Corporation

Location

Charlotte, NC

Type

Full Time

Job Description

This position is part of SPX Enterprises, LLC, which has a variety of businesses that focus on innovation, quality, product development and world-class manufacturing of our products. SPX businesses strive to be market leaders by providing reliable product solutions.

How you will make an Impact (Job Summary)

SPX is a diverse team 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:

  1. 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

  1. 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

  1. Standard Reporting and Documentation

  • 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 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

  1. 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

Thank you for your interest in our company.

#LI-CM1

ABOUT SPX

SPX is a diversified, global supplier of infrastructure equipment with scalable growth platforms in heating, ventilation and air conditioning (HVAC), detection and measurement, and engineered solutions. With operations in 17 countries and approximately $1.4 billion in annual revenue, we offer a wide array of highly engineered products with strong brands.

SPX TOTAL REWARDS

At SPX , what's in it for our employees transcends market-competitive compensation and benefits. Our Total Rewards program also includes opportunities for employees' personal development, career growth, and recognition. These programs focus on alignment and assessment of organizational, team, and individual efforts toward achieving business results. Our development and career growth programs empower our employees to enhance their skills, develop new competencies, and pursue career goals. SPX benefits package provides choices designed to help employees manage their well-being. Our compensation programs are performance-based to recognize and reward employees who work hard, display the values and leadership practices we embrace, and deliver exceptional results.

OUR VALUES

  • Integrity
  • Accountability
  • Excellence
  • Teamwork
  • Results

At SPX, our values are at the heart of everything we do. We use our values every day to help us make the right decisions. We embrace a common purpose and strive for improvement. We respect and value each other as individuals and recognize that only by working together, as a team, can we reach our full potential. We take responsibility for our actions, build strong relationships with each other and our customers, and always act ethically. Our values inspire us to achieve the high standards of quality, safety, and performance that our customers expect and deserve.

WORKING AT SPX

Our work environment is established on a work-life philosophy supported by policies, programs, and practices that help employees achieve success within and outside the workplace. We believe in creating an inclusive work environment where employees strive to realize their fullest potential. We are an affirmative action and equal opportunity employer committed to making selection decisions without regard to race, color, religion, sex, sexual orientation, national origin, gender identity, genetic information, age, disability, veteran status or any other legally protected basis.

Date Posted

10/30/2023

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