Financial Analyst Job Description
The following are all aspects of a financial analyst’s duties:
Perform financial forecasting, reporting, and operational metrics tracking
Analyze financial data and create financial models for decision support
Report on financial performance and prepare for the monthly MIS reporting and Investment Committees for project approval and regular leadership reviews
Support M&A transaction including financial analysis, negotiations, and documentations
Analyze past results, perform variance analysis, identify trends, and make recommendations for improvements
Work closely with the accounting team to ensure accurate financial reporting
Evaluate financial performance by comparing and analyzing actual results with plans and forecasts
Guide the cost analysis process by establishing and enforcing policies and procedures
Provide analysis of trends and forecasts and recommend actions for optimization
Recommend actions by analyzing and interpreting data and making comparative analyses; study proposed changes in methods and materials
Identify and drive process improvements, including the creation of standard and ad-hoc reports, tools, and Excel dashboards
Increase productivity by developing automated reporting/forecasting tools
Perform market research, data mining, business intelligence, and valuation comps
Maintain a strong financial analysis foundation creating forecasts and models
Proficiency with Microsoft Excel is mentioned in virtually any financial analyst job description; familiarity with data query/data management tools is extremely helpful (Access, SQL, Business Objects)
Key Responsibilities
Grow financial performance through analysis of financial results, forecasts, variances, and trends
Create recommendations to be presented to management and executives
Develop financial models to support valuation, planning, and forecasting
Scenario playing
Leading in the preparation of project approvals for projects to be presented to the board of directors for decision (coordination with other departments to obtain the information in due time)
Aid in the capital budgeting and expenditure planning processes
Support M&A transaction including financial analysis, negotiations, and documentations
Reconcile existing transactions through cross-referencing of incoming and outgoing data
Conduct comparable analysis and market research to support internal financial analysis
Maintain up-to-date technical knowledge of financial instruments, market conditions, and trends