Financial Analyst

A financial analyst can don multiple hats within an organization's structure. To ensure that you get the right fit for your unique situation, you need to write a financial analyst job description that is crystal clear about your needs.

Divide the job description into different sections, such as job brief, job overview, responsibilities, preferred qualifications, company culture, work benefits, etc., so that it is easier for the potential candidates to understand your requirements.

Responsibilities

As discussed already, the responsibilities of a financial analyst depend upon the specific needs of your organization. Here, we are listing some common responsibilities typically shouldered by a financial analyst. Feel free to add what is relevant to you and remove those that are not.

Analyze historical and current financial data to understand the company's financial status
Evaluate capital expenditures and depreciation
Develop predictive financial models to support organizational decision-making
Analyze processes to identify gaps that can improve profit margins
Establish benchmarks for financial processes
Track current financial data to alert stakeholders in case of deviation
Provide guidance in buying or selling stocks, making investments and generating funds
Study industry-specific research and available data to predict trends
Create written reports that enable management teams to make strategic decisions to meet business goals
Prepare documentation for startups and small businesses to get funding
Develop forecasting tools to automate financial data analysis

Skills and Qualifications

Although there are no strict qualifications defined for a financial analyst, here is a list of skills and qualifications that must be possessed by someone applying to work in your organization as a financial analyst:

Bachelor's degree, preferably with a major in finance, economics or statistics
Proven experience working as a financial analyst
Proven proficiency in spreadsheets, databases and financial software applications (including the software applications that you are currently using in your organization or plan to use in the future)
Excellent reporting, presenting and communication skills
Understanding of generally accepted accounting principles
Ability to work with large datasets
Strategic thinking and organizational skills
Proven analytical and financial modeling skills

Proven expertise in principles, design and procedural methods used in big data analysis
Proven experience in project management tools
Hands-on experience working with statistical analysis and statistical packages
Knowledge of corporate finance, information analysis and financial diagnosis

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Read the full job description and apply online on the recuiter's web-site

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