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Job Title: Financial Analyst
Department: Finance
Status: Full Time
Job Summary:
The Financial Analyst will be responsible for analyzing financial statements and predicting the future performance of the company whilst maintaining and complying with accounting policies and procedures that ensure the highest level of efficiency, appropriate internal controls, and compliance with US GAAP. The Financial Analyst will participate in routine activities, but not limited to, such as keeping track of company’s financial plan, analyzing the company’s performance alongside changes and market trends.
Responsibilities:
§ Lead the process of driving performance management, financial and operational planning & analysis.
§ Provide timely, accurate and insightful reporting and analysis on monthly and quarterly results against budget, forecasts, and prior year.
§ Partner with leadership to develop, define and execute financial KPI goals.
§ Gather and integrate significant financial data necessary for the annual financial budget.
§ Prepare the annual sales and operating plan, monthly financial statement, periodic forecast, and analyze/explain actual performance against plan/ forecast.
§ Support the development of all aspects of the annual financial plan by working with managers across the organization.
§ Investigate, analyze, and help develop solutions to address variances to plan.
§ Reviews performance against the plan and identifies improvement opportunities.
§ Utilize knowledge of the company and industry to prepare financial analysis on key operating results.
§ Prepare month end variance analysis on financial results.
§ Monitor and investigate gross margin variances/trends of open and closed events.
§ Create financial models and analysis to support strategic initiatives, identify trends, risks, and potential areas for improvement. Examples Weekly Revenue Reports and Weekly Flash Reports, Job Costing, Internal resource planning and monitoring.
§ Identify and monitor key performance indicators specific to individual departments and provide high impact analysis to department managers. Examples Inventory use or frequency of use.
§ Support the Chief Financial Officer and other business leaders on special projects as required.
§ Collaborate with Data Analysts and Corporate financial reporting team in improving reporting and system applications.
§ Ad hoc analysis to meet divisional and corporate needs.
Requirements:
Full Time
$65k-80k (estimate)
02/28/2024
04/27/2024
The job skills required for Financial Analyst include Analysis, Accounting, Financial Analysis, Leadership, Financial Reporting, Initiative, etc. Having related job skills and expertise will give you an advantage when applying to be a Financial Analyst. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Financial Analyst. Select any job title you are interested in and start to search job requirements.
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.
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.