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. 

 

The below is a position with Marley Engineered Products.   Marley Engineered Products is a marketplace leader in innovative comfort heating and ventilation solutions for residential, commercial, and industrial markets.  With a portfolio that includes baseboard, wall, unit and infrared heaters as well as ceiling fans and air circulators, we create simplified heating solutions for our complex world.

 

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 contribute to the financial success and growth of the company by ensuring accurate financial reporting, costing, and inventory to support decision making, planning, and control processes.   You are responsible for providing accounting and analytical support consisting of costing, inventory valuation and reconciliation, labor and overhead maintenance and month end close responsibilities.

 

What you can expect in this role (Job Responsibilities)

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

1. Cost Accounting Support & Control

• Analyzes data to determine value of new and existing inventory and maintains cost records.

• Analyzes changes in product design, raw materials, and manufacturing methods to determine effects on costs.
• Provides leadership with reports specifying and comparing factors affecting costs and profitability of products.
• Support the annual standard cost development and roll of same.
• Monitor manufacturing cost aspects including material, labor and overhead, price-volume-mix analyses, as well as efficiency, productivity, and spend variances.
• Collaborate with Engineering and Operations to ensure Standard Costing is accurate.
• Compiles cost information used in annual operating plan preparation and report-out processes as it relates to manufacturing standard and variance cost accounting.
• Support external audit and tax preparation functions as relates to cost accounting.

 

1. Financial Reporting and Analysis

• Fully understand all reports that fall within your responsibilities. Seek additional information if needed and make suggestions/recommendations to support Marley’s financial health.
• Compiles and analyzes financial information to maintain the integrity of the General Ledger to ensure all inventory transactions are accurately recorded.
• Actively participates in Operations teams and projects providing guidance, reporting, and data verification.
• Maintains vendor master file for financial processing.
• Prepare, analyse, and maintain standard adjusting journal entries with related support as relates to operational cost accounting and monthly inventory book to perpetual. 
• Prepare and analyse monthly operational reports explaining material, labor, and overhead efficiency and productivity costs in comparison to outlooks to identify improvements.
• Prepare, analyse, and suggest actions from monthly standard and gross margin analyses as well as cost of goods sold/manufactured statements.