Finance Analyst job description

When a business or an individual needs financial advice they turn to a finance analyst. These money-savvy people typically work for banks, securities firms, insurance companies or government predicting financial trends and making investment recommendations.
There are several types of analyst, each specialising in a field like business, investment, securities or risk. Two common aspects of financial analysis are buying and selling stocks, bonds and other kinds of securities. These individuals also analyse financial data and produce reports for companies to help them maximise the efficiency and profitability of their operations.
A college degree in finance, business administration or other related fields is required for this kind of work. Excellent maths and computer skills will make it easier to land a job, as will demonstrated communication skills and a serious work ethic. Familiarity with tax codes is another important aspect of analysis jobs
This busy, intense career pays well to those who can stand the pace and pressure. Average salaries are around £44,000 a year with lots of bonuses and benefits.

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Description

Finance Analysts guide companies in their decisions in regards to commerce. They sometimes work closely with sales and marketing teams providing recommendations, analysing figures and deciding on particular strategies. Apart of their responsibilities may be to manage finance and accounting teams, overseeing their activities and offering guidance.
A Finance Analyst usually performs any of the following tasks:
• Preparing budgets
• Reviewing accounts
• Making monthly projections
• Authorizing budgets, expenditure or account allocation
• Analysing investments
• Reviewing financial decisions
• Making recommendations
• Supporting the finance team
• Assisting the sales teams
• Reporting to the Finance Manager and Finance Director

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Skills

• Analytical thinking
• Communication
• Organization
• Leadership
• Meeting targets
• Making fiscal projections
• Creative problem solving
• Handling stress
• Ability to be flexible
• Being assertive
• Being discrete
• Networking
• Conducting negotiations
• Being passionate
• Computer technology

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Education

Finance Analysts are analytical, organized, and through professionals. They have a great aptitude for finance, economics and other mathematical operations. These analysts study to become proficient in any of the following areas:
•    Mergers and acquisitions analysis
•    Investments analysis
•    Budget analysis
•    Money markets analysis
•    Tax analysis
•    Credit analysis
•    Risk and Security analysis
Having a Master's or Postgraduate Degree is always helpful. Finance Analysts should also obtain professional certifications such as ACA, CIMA or ACCA.

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