Entry Level Financial Analysts are responsible for consolidating and analyzing budgets and income statement forecasts. They perform analysis of actual results at corporate and division levels. These specialists also provide creative alternatives and recommendations to reduce costs and improve financial performance of a company. Sometimes they are required to explain complex financial subjects to non-financial staff members in special projects.
Entry Level Financial Analysts usually perform many of the following tasks:
• Preparing financial reports.
• Conducting business studies.
• Developing forecast models.
• Analyzing financial performance.
• Advising companies about their budgets.
Skills
• Having IT skills.
• Being organized.
• Having analytical skills.
• Being self-motivated.
• Having interpersonal skills.
• Being able to prioritize tasks.
• Having high attention to details.
• Being able to work in a fast-paced environment.
• Having good communication skills.
• Being proficient in financial modeling concepts.
Education
Candidates for Entry Level Financial Analyst jobs need to have a High School Diploma and an Associate´s or Bachelor´s Degree in Finance, Accounting, Economics, among other subjects of this sector. Other suitable way to enter to this industry is having a College Degree related to the same fields mentioned before. Persons working on this area can study in further education programs to have better job opportunities and enhance their credentials.
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- Entry Level Financial Analyst Description
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