what does a financial analyst do?
What Does a Financial Analyst Do?
Finance analysts analyzes trends and predictions of financial changes for corporations, businesses, or individuals.
Compile and analyze financial data from all available resources including the accounting department and point out discrepancies if applicable.
Prepare financial reports with reliable conclusions for management and senior executives to make investment decision or implement more effective operational strategies.
Forecast models for revenue and expenditure changes.
Monitor the general ledger and create procedures for risk management.
Bachelor's Degree in Finance, MBA preferred
CPA certification a plus
Experience in finance and/or accounting
Knowledge of Finance Management software
Ability to assess credit risks properly
Ability to collaborate with large groups or teams
National Average Salary
The average salary for a Financial Analyst is $70,021 per year in the United States in 2019.
*Our salary estimates are based data collected anonymously and varies greatly by experience, location, industry and other factors. These estimates should only be used as a guideline and only given to the for the purpose of general comparison only.
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