Financial Analyst

What is a Financial Analyst?

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 Good verbal and written communication skills Abreast of industry updates

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Salary for Financial Analyst
107000 - 126000
25th Percentile
107000
The applicant has limited or no experience in the position and is still developing their skills. Demand: Low
50th Percentile
115500
The applicant has an average level of experience and has most of the necessary skills. Demand: Moderate
75th Percentile
126000
The applicant has above-average experience, has (nearly) all necessary skills, and may also have specialised qualifications. Demand: High
Projected salaries for related positions Position title 25th Percentile 50th Percentile 75th Percentile Business Analyst - Finance and accounting 110000 120000 130000 Senior Business Analyst - Finance and accounting 132500 140000 147500 Senior Financial Analyst 126000 132000 150000 Financial Planning & Analysis Manager 150000 167000 186500 Commercial Analyst 108000 121000 135500 Commercial Manager 156500 179500 205500

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