Senior Financial Analyst Job Description Template
The Senior Financial Analyst is responsible for analyzing and forecasting financial data to support the decision-making process of the organization. He/she will develop financial models to evaluate various business opportunities and provide insights on their financial impact. The Senior Financial Analyst will also be involved in the preparation of financial reports and presentations for management. He/she should have strong analytical and communication skills, as well as experience in using financial software applications.
Senior Financial Analyst Job Responsibilities
- Analyze financial statements and reports to identify trends, discrepancies, and other issues
- Develop and interpret financial information to assist management with decision making
- Recommend actions to improve business efficiency and effectiveness
- Prepare complex financial models to forecast future revenue, expenses, and cash flow
- Conduct research on economic indicators and market trends to support strategic planning initiatives
- Collaborate with cross-functional teams to develop long-term business plans
- Provide expert analysis on special projects as needed
Objectives
- To provide high quality financial analysis and support to senior management in making strategic decisions
- To lead and coordinate the financial planning and forecasting process for the company
- To develop and maintain strong relationships with key stakeholders across the business
- To produce accurate and timely reports on financial performance, including variance analysis against budget/forecast
- To identify opportunities for cost savings and process improvements within the finance function
- To support the annual budgeting process and periodic reforecasting exercises
- To monitor compliance with internal financial controls
Senior Financial Analyst Job Skills & Qualifications Needed
- A senior financial analyst typically needs a bachelor's degree in finance or accounting, although some employers may require a master's degree. They also need several years of experience working in financial analysis or a related field. Senior financial analysts must have strong analytical and math skills, as well as the ability to use financial software programs. They should also be able to communicate effectively, both verbally and in writing.