Sr 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.

This is a position with The Marley Company, a parent company which provides administrative support to the SPX Enterprises HVAC Heating businesses (such as WM Technologies, LLC, Marley Engineered Products, LLC, Patterson-Kelley, LLC) and includes all Weil-McLain branded products.

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. This role provides financial ownership of manufacturing operations through performance reporting, budgeting, cost analysis, capital planning, and strategic decision support. By translating operational performance into meaningful financial insights, you will help drive profitability, improve operational efficiency, strengthen internal controls, and support informed business decisions across the manufacturing organization. Success in this role requires balancing financial stewardship with operational partnership by delivering timely, actionable insights that enable informed business decisions and drive sustainable operational performance.

What you can expect in this role (Job Responsibilities)

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

• 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.

• Monitor and review gross margin performance by product family and product line.

• Continuously evaluate financial and operational processes to identify opportunities for cost reduction and sustainable process improvements.

3. 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.

4. 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

• Monitor capital expenditures and assist with Capital Authorization Proposal (CAP) submissions.

• Develop financial business cases supporting capital investments, including ROI, NPV, and payback analysis.

• 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

• 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.

• Participate in internal audits, external audits, and Sarbanes-Oxley (SOX) compliance activities.

• Resolve accounts receivable, accounts payable, and day-to-day accounting matters through shared services.

• Administer Delegation of Authority approval matrices and workflow routing within JD Edwards.

• 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)

We each bring something to the table, and we are looking for someone who has:

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

• Certified Public Accountant (CPA) designation.
• Experience within a manufacturing or industrial environment.
• 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

• Bachelors 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..

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.

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

We value different backgrounds, experiences, and voices, 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.

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.