Accounting & Finance Rotational Analyst
SPX Technologies
About the Role
As an Accounting and Finance Rotational Analyst, you will gain real-world experience, contribute to meaningful projects, and develop valuable skills through a two-year rotational program. The program consists of three different rotations in different sub-fields and businesses, lasting around 7-10 months each. The first rotation will be at the corporate headquarters in Charlotte, NC, and subsequent rotations will be in various U.S. locations.
Key Responsibilities
- Financial Reporting and Accounting
- Prepare and analyze consolidated financial statements, footnotes, reports, and budgets.
- Reconcile financial data for 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.
- Review global capital structures and liquidity, including credit agreements, cash management, and foreign currency risk management.
- Aggregate and calculate financial models for: Earnings per share (EPS), Cash Flow, Capital Structure, Cost Analysis, Mergers & Acquisitions.
- Analyze financial data to support decision-making.
- Analyze manufacturing costs, including direct materials, labor, and overhead.
- Communication
- Develop an understanding of each SPX business unit and operating structures.
- Collaborate with other departments to gather financial data and ensure accurate, timely reports.
- Provide financial insights and analysis to support the business.
- Continuous Improvement
- Document process flows and identify areas for improvement using techniques like process mapping.
- Stay updated on industry trends and regulatory changes in accounting and finance.
- Participate in other projects related to department and organizational goals.
Requirements & Tech Stack
- GAAP (Generally Accepted Accounting Principles)
- SOX (Sarbanes-Oxley Act of 2002)
- Microsoft Office, including Excel
Qualifications
- 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 preferred).
- 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 planning and time management.
- Excellent analytical, organizational, and problem-solving skills with keen attention to detail.
- Professional communication and presentation skills.
- Education & Certifications
- Bachelor's degree in accounting or finance.
Work Environment
- Hybrid work schedule.
- Office environment.
- Travel: 75% and ability to temporarily relocate based on rotation location.