Financial Analyst

Financial AnalystLocation: Brentwood, Missouri (MO), USBuilding People that Build the World. With platforms in HVAC and Detection and Measurement, SPX Technologies builds innovative solutions that enable a safer, more efficient, sustainable world. Through our RiSE talent development framework, we Reach, Identify, Strengthen, and Engage our employees to support them in their continued development. We're a global company of problem solvers, collaborators, and innovators, and our businesses build solutions that impact the world. This opportunity is for our Electric Heat business. Electric Heat is a trusted leader in electric heating and ventilation solutions for commercial, industrial, and residential applications. Backed by the strength of ASPEQ Heating Group and Marley Engineered Products, we offer a wide range of standard and customized products through leading brands like QMark, Indeeco, Berko, and Brasch. Our portfolio includes baseboard, wall, unit, and infrared heaters, along with ceiling fans and air circulators - designed to deliver comfort, reliability, and performance. We are committed to high-quality, energy-efficient solutions that improve environments where people live and work.Job SummarySPX 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.Job ResponsibilitiesWhile each day brings new opportunities at SPX, your core responsibilities will be:Financial and Accounting SupportConduct thorough analysis of financial data, including but not limited to income statements, balance sheets, cash flow statements, and budget reportsWork closely with senior management to model medium to long-term financial forecasts to align with the Company's strategic plansCollaborate with the finance and accounting teams across Electric Heat to develop and monitor forecastsSupport business partners by providing financial insights and analysis to identify potential risks and opportunitiesPartner with senior management to solve business challenges and identify opportunities to improve financial performance through analytical supportRun annual budgets and forecasts, including the roll-out of regular re-forecasting cycles and proceduresCorporate Expense Reconcile and review financial results against budget/forecast and prior yearUpdate forecastsIdentify and explain variances to provide insights to senior management/leadersPartner with Corporate Accounting and Department leaders to ensure compliance with relevant accounting standards and regulationsStandard Reporting and DocumentationManage the budgeting, forecasting, and long-term planning processCreate financial statements and other financial analyses for reviewPrepare, analyze, and distribute weekly, monthly and quarterly financial reports to be used for predictive modelling, and identify drivers of business resultsTrack the performance of business units, segments, and the Company against forecastsMonitor market and business-specific key performance indicators, highlighting trends and analyzing causes of unexpected variancesManage capital expenditure approval processMaintain and update bonus and performance-based compensation modelDevelop presentations to communicate the Company's results and forecasts to the investor community, the Company's Board of Directors, senior management, and other key stakeholdersContinuous ImprovementDrive, develop, and improve standard processes and procedures by identifying trends, anomalies, inefficiencies, and gaps in financial processesProvide actionable recommendations to address challenges, streamline processes, increase productivity, and improve financial performanceAssist with the development, documentation, implementation, and continual improvement of financial policies and proceduresTake an active role in the broader Finance team; facilitating smooth implementation of – and adherence to – new finance requirements, systems, and processesStay updated on industry best practices and emerging technologies related to accounting and financeParticipate in other projects (as assigned), that relate to the overall goals of the department and enterpriseExperience, Knowledge, Skills, Abilities, EducationWe each bring something to the table, and we are looking for someone who has:Required Experience2 to 5 years of applicable experienceFP&A experience within a publicly traded company and/or manufacturing companyExperience with OneStream, or other financial consolidation platformsPreferred Experience, Knowledge, Skills, and AbilitiesDesire to get into the details and put the "A" in FP&AWork as a business partner in delivering better decision support and enabling strategic initiatives that help improve the organization's financial performanceAdvanced Microsoft Excel and PowerPoint skillsProficient financial modeling, analytical skills, and strong attention to detail as well as strong business acumenAble 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 dataStrong knowledge of planning and performance processes, including annual budgets, monthly forecasts, and periodic business reviewsStrong communication, with the ability to present financial information in a clear and concise mannerCapacity to lead and manage others and work cross-functionallyAbility to work independently, prioritize tasks, and meet deadlines in a fast-paced environmentContinuous improvement mindset, with a proactive approach to identifying and implementing process improvementsStrong working knowledge of accounting, and finance operations.Education & CertificationsBachelor's degree in accounting or finance requiredTravel & Working EnvironmentOnsite office environment 10-25% TravelOur CultureOur culture is at the center of what we do and, more importantly, who we are. Our core values set a standard for how we manage ourselves, and our Leadership Model sets the standard for how we engage with each other. Whether you are an individual contributor or you lead a large team, each of us leads at SPX.SPX Total RewardsAt 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 ValuesIntegrity 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 SPXOur 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.