Financial Analyst Job Description 

Financial analysts are experts in financial data analysis. These analysts are responsible for the company’s financial statements, economic indicators, and market trends. By analyzing this data, they can identify areas of improvement or potential risks and provide insights for decision-making.

Are you on the lookout for talented financial analysts to join your team? Delve into the job description below and get an overview of writing the Financial Analyst job description, along with templates & samples in this guide.

Financial Analyst Job Description  

Location: Remote  Full-time

Overview: We are seeking a seasoned Analyst for Financial Planning and Analysis to join our dynamic team. The ideal candidate will have an understanding of financial transactions and possess the expertise to prepare detailed financial reports and analyses for senior management. This role supports our organization’s financial control, risk management, and planning. The person will closely work with the company’s founder Directors, senior management, finance team, and other cross-functional teams.   

Key Roles and Responsibilities

• Analyze internal data and identify opportunities and risks. 
• Perform ad-hoc analysis as assigned. 
• Ensure all processed data is applied correctly to Cost Centers and Projects for cost control. 
• Generate and deliver reports to different departments as needed. 
• Partner with Accounting and Financial Planning teams to review and understand monthly financial results. 
• Participate in the timely and accurate preparation of the monthly business forecasts, support during the budgeting period, and proactively identify and resolve deviations in the process. 
• Analyze significant variances from planned or forecasted results and provide interpretative comments and recommendations to management. 
• Analyze, develop, and modify workflow procedures and policies. 

Skills & Qualifications

Required qualifications:

• Bachelor of Business Administration degree in Accounting or Finance. 
• 2+ years experience in financial analysis/special projects. 
• Understanding of conceptual framework of accounting rules and processes. 
• Advanced spreadsheet skills (MS Excel) & intermediate-level skills in Microsoft Office applications. 
• Experience dealing with ambiguity in a fast-paced, high-pressure environment
• Good organizational skills and ability to handle multiple concurrent tasks with tight schedules. 

Preferred skills: 

• Demonstrated experience or interest related to cybersecurity and/or SaaS
• Bias Toward Action – A self-starter who is comfortable advancing the ball with minimal direction or oversight
• Flexible and interested in learning

Financial Analyst Salary Range:  

A reasonable estimate of the salary range for a new employee to be offered this role would be $50,000 - $185,000 which would be adjusted based on each employee's geographic location. 

Benefits: 

• Remote-first culture
• Market leader in compensation and equity awards
• Competitive vacation and flexible working arrangements 
• Comprehensive and inclusive health benefits
• Physical and mental wellness programs
• Paid parental leave, including adoption 
• A variety of professional development and mentorship opportunities
• Offices with stocked kitchens when you need to fuel innovation and collaboration

Also read: 

• Chief Of Staff Job Description   
• Controller Job Description  
• Office Manager Job Description  
• Data Analyst Job Description  
• CNA Job Description 

Frequently Asked Questions

1. What are the top three skills of a financial analyst?

Answer: The skills you value most may vary depending on your needs, but three of the best skills for a financial analyst are:

• Analyzing financial data from varied sources to guide an organization in critical decision-making
• Developing financial models and forecast tools
• Excellent presentation and communication skills

2. What are the primary responsibilities of a financial analyst?

Answer: In order to assist firms in making wise investing, budgeting, and forecasting decisions, financial analysts are in charge of evaluating financial data, generating reports, examining market trends, and making recommendations.

3. What educational background is required to become a financial analyst?

Answer: Usually, one need’s a bachelor's degree in finance, accounting, economics, or a similar discipline. Candidates having a master's degree or professional qualifications like the Certified Financial Planner (CFP) or Chartered Financial Analyst (CFA) may be given preference for some roles.