Financial Analyst

Building the 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.

As part of Engineered Air Movement, Cincinnati Fan is a leading manufacturer of industrial fans and blowers for OEMs and industrial applications With its high attention to detail for products that are durable, energy efficient, and unparalleled in performance, companies rely on Cincinnati Fan to provide comfort and mission critical and industrial cooling solutions.

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 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.

What you can expect in this role (Job Responsibilities)

While each day brings new opportunities at SPX, your core responsibilities will be:

Financial Reporting, Planning, and Analysis

• 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.

Forecasting

• 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.

Operational Finance

• 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.

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

• 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.

Preferred Experience, Knowledge, Skills, and Abilities

• 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.

Education & Certifications

• 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.

Travel & Working Environment

• This is an onsite position performed primarily in an office environment, with regular interaction in a manufacturing setting.

• Travel of less than 10% may be required for visits to other SPX facilities or warehouses, physical inventory activities, or training.

• When working in production areas, employees must follow all site safety requirements and wear required personal protective equipment, including foot, eye, and hearing protection. Occasional extended hours may be required during month-end close, annual planning, audits, or physical inventory activities.

How we live our culture

Our 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.

What benefits do we offer?

We know that the well-being of our employees is integral. Our benefits include:

• 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

Our commitment to embrace diversity to build a culture of inclusion at SPX

We value different backgrounds, experiences, and voices at SPX, and we are committed to challenging ourselves, openly communicating, and striving to improve every day. We believe in creating an inclusive work environment where everyone has a voice and is encouraged to realize their fullest potential.

SPX is an affirmative action and equal opportunity employer committed to making selection decisions without regard to race, color, religion, sex, sexual orientation or identity, national origin, age, disability, veteran status, or any other legally protected basis.