A Financial Analyst is responsible for the financial planning and analysis of a company, allowing the organisation to make well-informed commercial decisions.At the heart of a Finance Analyst job description should be the ability to determine the best use of resources to achieve business objectives. They will be expected to produce regular reports using financial data, and work collaboratively across the entire finance team to analyse business performance and strategy.
Financial Analyst job description
A Financial Analyst forecasts future revenue and expenditures to help determine budgets for upcoming projects. A typical Financial Analyst job description should highlight researching and reporting on financial information, as well as monitoring financial movements within the market.A Financial Analyst job description typically includes:
Analysing current and past financial data
Looking at current financial performance and identifying trends
Preparing reports on the above information and communicating the insights of these reports to the wider business
Consulting with the management team to develop long-term commercial plans
Suggesting budgets and improvements based on the above information
Exploring different investment opportunities
Developing financial models and providing financial forecasts
Developing initiatives and policies that may improve financial growth
Financial Analyst job qualifications and requirements
A degree in one of the following subjects should be included in a Financial Analyst job description:
Finance
Economics
Mathematics
A Finance Analyst is also expected to demonstrate the following qualities:
Experience with statistical analysis and financial forecasting
Attention to detail and the ability to identify data patterns
The candidate has little or no prior experience in the position and is still developing relevant skills.
50th Percentile
115500
The candidate has an average level of experience and has most of the necessary skills.
75th Percentile
126000
The candidate has above-average experience, has most or all the necessary skills and may have specialised qualifications.
Salary range based on three percentiles
The starting salaries represent gross yearly salaries. They do not include bonuses, benefits or superannuation.
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