Accounting & Finance Rotational Analyst

SPX Corporation; Charlotte (NC); Hybrid; USD 60,000 - 75,000; Full time

Benefits offered by this job

Generous PTO

Health insurance

401(k) match

Educational assistance

Leadership development programs

Job summary

SPX Technologies is seeking an Accounting and Finance Rotational Analyst to gain hands-on experience through a two-year program with three rotations across different sub-fields and businesses. The first rotation will be at the corporate headquarters in Charlotte, NC, with subsequent rotations located at other U.S.

locations, exposing you to SEC reporting, FP&A, internal audit, corporate accounting, and more.

Qualifications

• 0–3 years of Accounting or Finance experience.
• Application of GAAP.
• Understanding of SOX requirements.

Responsibilities

• Prepare and analyze consolidated financial statements and budgets.
• Support audits and compliance activities.
• Research quarterly and annual SEC reporting requirements.
• Assist in financial planning and analysis and cost accounting.
• Collaborate with departments to produce timely financial reports.

Skills

Analytical skills

Time management

Communication skills

Problem solving

Adaptability

Education

Bachelor's degree in accounting or finance

Tools

Excel

Microsoft Office

Job description

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.

How you will make an Impact (Job Summary)

SPX is a diverse team of unique individuals who all make an impact. As an Accounting and Finance Rotational Analyst, you will have the opportunity to gain real-world experience, contribute to meaningful projects, and develop valuable skills through a two-year rotational program. The Accounting and Finance Rotational program consists of three different rotations in a different sub-field and business, lasting around 7-10 months each. The first rotation will be located at the corporate headquarters in Charlotte, NC, and the following rotations will be located in one of multiple locations across the U.S.

As a Rotational Analyst, you may work in a wide range of accounting and financial areas, which may include: SEC reporting, financial planning and analysis, internal audit, corporate accounting, corporate development, acquisitions and integrations, tax, investor relations, accounting/controllership, and project/cost accounting.

What you can expect in this role (Job Responsibilities)

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

1. Financial Reporting and Accounting:

• Detail requirements for the preparation and analysis of consolidated financial statements, footnotes, reports, and budgets
• Reconciling financial data to ensure accuracy and completeness
• Document and organize financial records
• Assist in financial audits and compliance activities
• Research and understand quarterly and annual SEC reporting requirements and their impact on our businesses
• Review global capital structures and liquidity, including credit agreements, cash management and foreign currency and other derivative risk management
• Aggregate and calculate financial models for the following: Earnings per share (EPS), Cash Flow, Capital Structure, Cost Analysis, Mergers & Acquisitions
• Conduct thorough analysis of financial data to support decision making
• Assist in analysis of manufacturing costs, including direct materials, labor, and overhead as needed

1. Communication:

• Develop an understanding of each SPX business unit and the SPX operating structures
• Collaborate with other departments to gather relevant financial data and ensure accurate and timely reports
• Support business by researching and providing financial insights and analysis

1. Continuous Improvement:

• Use process mapping and other techniques to document process flows and identify areas for process improvement
• Stay updated on industry trends and regulatory changes related to accounting and finance
• Participate in other projects as assigned that relate to the overall goals of the department and organization

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

• 0 - 3 years of Accounting or Finance experience
• Application of Generally Accepted Accounting Principles (GAAP)
• Understanding of the general requirements of the Sarbanes-Oxley Act of 2002 ("SOX")

Preferred Experience, Knowledge, Skills, and Abilities

• Strong academic record (college GPA of 3.0 or higher is strongly preferred) with a genuine interest in a career in accounting or finance
• General business acumen
• Solid understanding of financial principles, concepts, and reporting standards
• Ability to multi-task and meet strict deadlines through appropriate planning and time management (e.g., use of checklists and frequent communication with team members and the program sponsor
• Excellent analytical, organizational, and problem-solving skills with keen attention to detail
• Professional communication and presentation skills for different levels of an organization
• Proficiency in Microsoft Office, including Excel
• Adaptability and flexibility with the willingness to learn different roles in accounting/finance

Education & Certifications

• Bachelor's degree in accounting or finance

Travel & Working Environment

• Hybrid work schedule
• Office environment
• Travel 75% and the ability to temporarily relocate based on rotation location

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.