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Financial Analyst
EMPIRE STATE New York, NY
$70k-86k (estimate)
Full Time 11 Months Ago
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EMPIRE STATE is Hiring a Financial Analyst Near New York, NY

BASIC FUNCTION: 

Conduct financial and credit analysis of operating companies to determine the level of State support required and to structure loans, grants, disposition of State assets, and other financial assistance accordingly.

WORK PERFORMED:

  • Prepare memoranda detailing corporate and project financial strengths, credit risks, and funding gaps.
  • Obtain and analyze financial statements/tax returns of corporate and not-for-profit entities and individuals.
  • Review financial projections and create cash flow models for operating companies and real estate developments, including sensitivity analyses.
  • Perform risk assessment of credit and collateral ensuring loan stability and sound credit quality.
  • Perform financial due diligence to determine project feasibility.
  • Input various financial data into Excel-based financial models for scoring purposes.
  • Perform site visits to potential/current borrowers and interview counter parties.
  • Assist other departments with financial analysis/modeling on an ad-hoc basis.
  • Other related projects/assignments as assigned by management.

Position expected to work onsite and/or remote consistent with NYS and ESD guidelines and needs.

MINIMUM REQUIREMENTS:

Education Level required: Bachelor's degree in accounting or finance, or equivalent experience.

Relevant experience required: 3 years of experience performing financial analysis, underwriting commercial loans or working with debt instruments.

Knowledge required: The ideal candidate will have sufficient knowledge to independently analyze/spread financial statements and draft concise analyses of credit. This will include knowledge of financial accounting; strong analytic abilities; facility with financial modeling; and excellent written and oral communication skills. Strong Excel skills required.

Job Summary

JOB TYPE

Full Time

SALARY

$70k-86k (estimate)

POST DATE

05/24/2023

EXPIRATION DATE

05/10/2024

WEBSITE

empirestate.co.za

HEADQUARTERS

Johannesburg

SIZE

<25

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The following is the career advancement route for Financial Analyst positions, which can be used as a reference in future career path planning. As a Financial Analyst, it can be promoted into senior positions as a Financial Analyst III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Financial Analyst. You can explore the career advancement for a Financial Analyst below and select your interested title to get hiring information.

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If you are interested in becoming a Financial Analyst, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Financial Analyst for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Financial Analyst job description and responsibilities

Broadly speaking, a financial analyst works with financial data to help organizations make business decisions.

02/23/2022: Mcallen, TX

Build financial models to perform financial forecasts, predict business scenarios, and provide other data analysis to help make business decisions.

02/10/2022: Newark, NJ

Every financial analyst’s job will hold different responsibilities depending on their specialty and where they work.

12/27/2021: Dallas, TX

They often develop and execute complex methodologies that enable them to generate useful pointers from the financial data and problem statements that their clients provide.

12/11/2021: Manchester, NH

Financial analysts who have little to no professional experience are responsible for gathering data, financial modeling and creating or maintaining spreadsheets.

01/12/2022: Laramie, WY

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Financial Analyst jobs

To become a senior or junior level financial analyst, one may be required to earn a Master’s of Business Administration.

12/07/2021: Baltimore, MD

Obtaining a finance degree (bachelor’s or MBA) and working towards becoming a financial analyst requires the development of skills, expertise, and specific abilities.

03/03/2022: Omaha, NE

To be a financial analyst, one should be good with numbers, comfortable presenting research, analytical, and have great ability to research large amounts of data and pay attention to small details.

12/27/2021: Youngstown, OH

Earning a finance degree and taking the steps to become a financial analyst requires specific abilities and the development of specialized skills.

12/11/2021: Burlington, VT

With relevant work experience and appropriate training, finance students can become equipped to pursue the path of becoming a financial analyst.

03/06/2022: Burlington, VT

Step 3: View the best colleges and universities for Financial Analyst.

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