Financial Analyst Job Description Template
The Financial Analyst is responsible for providing financial analysis and support to the organization. The role includes preparing financial reports, analyzing financial data, and providing recommendations to management. The Financial Analyst must be able to work independently and be able to take initiative on projects.
Financial Analyst Job Responsibilities
- Analyzing financial data to help make sound investment decisions
- Researching economic trends and analyzing their impact on investments
- Creating financial models to predict future performance of investments
- Recommending buy, hold, or sell decisions for individual stocks and bonds
- Monitoring portfolios and making adjustments as needed
Objectives
- To provide analysis of financial data and reports in order to help management make informed decisions
- To identify trends and recommend solutions for improving financial performance
- To develop forecasting models and perform trend analysis to support decision making
- To prepare monthly, quarterly and annual reports for management review
- To liaise with other departments within the organization to ensure accurate financial reporting
- To maintain up-to-date knowledge of changes in accounting standards and regulations
Financial Analyst Job Skills & Qualifications Needed
- A financial analyst typically needs at least a bachelor's degree in accounting, finance, economics, or business administration. Many employers prefer candidates who have a master's degree in business administration (MBA) with a concentration in finance. Financial analysts also must have strong analytical and critical thinking skills to evaluate investment opportunities and make recommendations. They must be able to effectively communicate their findings to others through written reports and presentations. Financial analysts should also be proficient in using spreadsheets and financial analysis software programs.