Project Accountant

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.

As part of HVAC Cooling, SPX Cooling Technologies is a leader in high quality industrial HVAC equipment used to cool large facilities like hospitals, data centers, and power plants. With cooling towers, fans, and refrigeration units, companies rely on brands like Marley, Recold, and SGS to provide comfort and mission critical and industrial cooling solutions.

How you will make an Impact (Job Summary)

SPX is a diverse team of unique individuals who all make an impact. As a Project Accountant, you will contribute to the financial success and growth of the company by ensuring accurate financial reporting to support decision making, planning, and control processes. Under direction of the Controller, and in accordance with corporate policies and procedures the successful Sr Accountant will manage all project cost-related functions for SPX Cooling US and Canada. The incumbent will have a comprehensive understanding of accounting principles, strong analytical skills, the ability to interpret financial data effectively, and the capacity to communicate complex financial information to various stakeholders within and outside the organization.

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 Analysis

• Perform settlements on fixed assets, warranty, R&D, and commercial project and analyze and present results.
• Create ad hoc and gross margin reports.
• Prepare, reconcile, and analyze the job cost audit report monthly.
• Work with Project Managers to understand and be able to report on the current financial position, including budget, and actuals for various projects.

1. Payroll and Journal Entries

• Review and post field payroll, engineering allocation, and other monthly journal entries, including freight accruals and warrant accruals.
• Reconcile various general ledger accounts and provide supporting documentation.
• Update estimates at completion (EAC) on commercial projects using over time revenue recognition (ASC 606) in SAP ERP system, monthly.

1. Compliance and Documentation

• Assist with internal/external audit request related to project cost and fixed assets and periodic compliance testing.
• Participate in other projects as assigned that relate to the overall goals of the department and organization.
• Responsible for all SPX Cooling Americas locations.

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 2-4 years of accounting experience.

Preferred Experience, Knowledge, Skills, and Abilities

• Percentage of completion or overtime revenue recognition accounting.
• Proficiency in Microsoft products.

Education & Certifications

• Bachelor's degree in Accounting required.

Travel & Working Environment

• Onsite office environment, Monday - Friday; Hybrid work schedule available after satisfactory completion of probationary period.
• The position may require working occasionally outside normal work hours.
• Keyboarding/typing.
• Ability to read effectively from a computer screen and/or a paper copy.
• Ability to handle a large volume of work and perform multiples tasks in a fast-paced environment.
• Ability to communicate effectively verbally.

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.