Sr Financial Analyst

How You Will Make An Impact (Job Summary)

SPX is a diverse team of unique individuals who all make an impact. As the Senior Financial Analyst, Manufacturing, you will serve as a key finance business partner responsible for delivering accurate financial reporting, forecasting, and operational analysis while partnering closely with manufacturing leadership and shared services.

What You Can Expect In This Role (Job Responsibilities)

• Performance Management & Financial Analysis

• Lead weekly and monthly plant performance reviews with clear commentary regarding volume, mix, productivity, labor efficiency, and cost drivers.
• Provide forward-looking forecast updates, including rolling 13-week operating expense and conversion cost forecasts.
• Identify operational risks and opportunities while quantifying their financial impact.
• Conduct root cause analysis of financial variances by evaluating operational drivers such as yield, scrap, downtime, labor efficiency, and cycle time.
• Prepare and interpret financial analyses supporting strategic initiatives and operational decision-making.
• Communicate financial results, trends, and analytical insights to operations leadership and executive management.

• Cost Management & Operational Analytics

• Develop and manage unit economics and cost-per-unit models, including throughput, product mix, and capacity utilization impacts.
• Track productivity initiatives, validate continuous improvement savings, and evaluate project payback and return on investment.
• Perform capacity modelling, including fixed versus variable absorption, idle time analysis, and conversion cost scenarios.
• Analyse waste, yield, scrap, and manufacturing performance metrics in alignment with operational KPIs.
• Maintain ownership of plant financial statements, including variance analysis, cost trends, and balance sheet integrity.

• Manufacturing Business Partnership

• Participate in daily and weekly Gemba or Tier meetings to provide real-time financial guidance and operational insight.
• Partner with operations leadership to support constraint management, throughput optimization, labor planning, and capital allocation decisions.
• Translate operational metrics—including Overall Equipment Effectiveness (OEE), throughput, labor efficiency, and productivity—into meaningful financial impact and business recommendations.
• Co-lead cross-functional initiatives involving procurement savings, make-versus-buy decisions, outsourcing evaluations, shift modeling, and continuous improvement efforts.
• Serve as a trusted financial advisor to manufacturing leadership by supporting budgeting, KPI development, and new product introductions.
• Partner with operations to ensure inventory controls are appropriately designed, documented, implemented, and maintained.

• Forecasting, Budgeting & Strategic Planning

• Lead preparation of quarterly forecasts (Outlook) and the Annual Operating Plan (AOP).
• Develop bottom-up manufacturing budgets based on production volume, product mix, productivity improvements, and operational assumptions.
• Create scenario models evaluating production volume changes, supply chain risks, and capacity expansion opportunities.
• Prepare bridge analyses explaining forecast and budget changes related to volume, price, cost, productivity, inflation, and product mix.
• Support long-range capital planning through financial modelling, including ROI, NPV, payback, automation investments, and cash flow analysis.

• Capital Investment & Decision Support

• Maintain ownership of plant financial statements, including variance analysis, cost trends, and balance sheet integrity.
• Coordinate accurate and timely month-end, quarter-end, and year-end close activities with shared service teams.
• Ensure proper financial governance of inventory valuation, standard costing, absorption methodology, and capacity utilization.
• Manage annual standard cost development and cost roll activities.
• Reconcile hourly payroll through Dayforce and prepare monthly accounting entries.
• Support make-versus-buy decisions, outsourcing evaluations, and operational investment opportunities.
• Conduct post-completion financial reviews of capital projects to validate expected business results.

• Financial Governance, Accounting & Internal Controls

• Administer Delegation of Authority approval matrices and workflow routing within JD Edwards.
• Resolve accounts receivable, accounts payable, and day-to-day accounting matters through shared services.
• Participate in internal audits, external audits, and Sarbanes-Oxley (SOX) compliance activities.

• Communication & Business Partnership

• Translate complex financial information into actionable insights for operations, engineering, and plant leadership.
• Develop executive dashboards highlighting productivity, cost per unit, OEE, inventory, quality, and safety performance.
• Facilitate recurring finance and operations review meetings to align priorities, resource allocation, and performance objectives.
• Build trusted partnerships through proactive financial guidance, forward-looking analysis, and value-added decision support.

What we are looking for (Experience, Knowledge, Skills, Abilities, Education)

• Required Experience

• Minimum of five (5) years of experience in public accounting, manufacturing accounting, financial planning, or related finance functions.
• Strong knowledge of U.S. Generally Accepted Accounting Principles (GAAP), financial reporting, and internal controls.
• Experience supporting manufacturing operations through budgeting, forecasting, cost accounting, financial analysis, and performance reporting.
• Demonstrated analytical and problem-solving skills with the ability to translate complex data into meaningful business insights.
• Advanced Microsoft Excel skills, including the ability to analyze and manipulate large data sets.
• Strong written, verbal, presentation, and interpersonal communication skills.
• Demonstrated ability to build collaborative relationships across finance, operations, engineering, and executive leadership.
• Highly organized with strong attention to detail and the ability to manage multiple priorities in a fast-paced environment.

• Preferred Experience, Knowledge, Skills, And Abilities

• CPA designation.
• Previous experience supporting plant operations or serving as a manufacturing finance business partner.
• Experience with JD Edwards ERP, OneStream financial consolidation software, or comparable enterprise systems.
• Working knowledge of SQL and financial data analytics.
• Knowledge of Lean Manufacturing principles and continuous improvement methodologies.
• Experience with capital investment analysis, inventory accounting, and standard costing.
• Demonstrated ability to influence decision-making without direct authority.

Education & Certifications

• Bachelor's degree in Accounting or Finance required.
• Certified Public Accountant (CPA) strongly preferred.

Physical Demands

• Frequent computer and keyboard use with continuous use of financial reporting systems and computer monitors.
• Ability to remain seated for extended periods while analyzing financial information and preparing reports.
• Occasional movement throughout office and manufacturing environments to support operational reviews and plant activities.

Travel & Working Environment

• Primarily onsite in an office and manufacturing environment.
• Frequent interaction with manufacturing operations, engineering, and corporate finance personnel.
• Occasional travel may be required to support business initiatives, audits, training, or other SPX locations.

Our Commitment to Diversity

• We are 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.