Financial Analyst Jobs
What is a Financial Analyst?
The financial analyst’s primary role for the company is to compile data, organize it, assess it and communicate the financial status of the company using analytical models. They are necessary for measuring the company’s actual financial standing against predetermined financial goals, identifying areas for improvement, predicting the financial impact of the company’s actions and creating plans based on data.
What does a Financial Analyst do?
Key job responsibilities for a financial analyst may include:
Compiling and organizing financial data
Accurately recording and storing financial information
Creating and assessing periodic financial reports for the company
Using data to predict future financial impact of company decisions
Identifying company waste
Generating reports on company expenses, investments, capital, net worth and profits
Analyzing financial impact of trends and new developments in the field
Presenting data and findings to upper level executives
How to Work as a Financial Analyst
The status of the financial analyst will depend on education, former experience and skills acquired. Entry level applicants with under two years of experience will receive the designation of Financial Analyst I. They will work directly with senior-level analysts to assist them in their projects and acquire experience.
Intermediate financial analysts (II) require about five years of analytic experience and will be given more complex tasks with less supervision. Financial Analyst III’s will have at least eight years of experience and will be capable of designing projects, leading analytic teams, giving upper level executives advice based on financial data and thinking about big-picture company goals.
Skills and qualifications needed:
Strong analytical and problem-solving abilities
Proficiency in financial software (Excel, SQL, Tableau, etc.)
Ability to work independently and with a team
Strong problem solving skills
Firm grasp of corporate finance and statistical analyses
Ability to communicate findings of complex analyses
Organizational skills
Where Do Financial Analysts Work?
Financial analysts are found in a variety of environments both inside and outside the realm of healthcare, including but not limited to:
Hospitals and health systems
Outpatient clinics and specialty practices
Long-term care and rehabilitation facilities
Health insurance companies
Healthcare consulting firms
Government health agencies
Remote or hybrid finance roles in healthcare organizations
Your Career, Your Way
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