Financial Analyst

How you will make an Impact (Job Summary)

SPX is a diverse team of unique individuals who all make an impact. As a Financial Analyst you will manage the development of Electric Heats 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.

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 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 Companys 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

1. Corporate Expense

• 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

1. Standard Reporting and Documentation

• 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 Companys results and forecasts to the investor community the Companys Board of Directors senior management and other key stakeholders

1. Continuous Improvement

• 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

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 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

Preferred Experience Knowledge Skills and Abilities

• 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 organizations 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.

Education & Certifications

• Bachelors degree in accounting or finance required

Travel & Working Environment

• Onsite office environment

• 10-25% Travel