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.

Common Requirements

  • 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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