A Finance Associate Finance analyzes financial data to aid businesses in making financial strategic decisions. Finance associates typically guide more complicated financial processes that include tax and accounting regulations.
A Finance Associate&apos;s duties are as follows:
<ul>
 <li>Finance Managers: They prepare financial reports, oversee investments, and develop strategies and plans for the long-term financial goals of their business.</li>
 <li>Vice President Finance: They oversee every aspect of a company&apos;s finances, from making sure that the payroll process is in order to studying the market&apos;s trends.</li>
</ul>

The role of Finance Associate in India is expected to witness a significant growth in the market. According to a 10-year analysis, the job role has shown consistent growth and is projected to continue to do so in the future. The demand for Finance Associates is expected to increase, resulting in a rise in available employment opportunities. The latest data from Google suggests a positive outlook for this position in terms of career growth and prospects in the finance sector.

How to Learn

As a Finance Associate with 3-6 years of experience in India, here are some main responsibilities:<ul><li>Conduct financial analysis and present insights on profitability, cost optimization, and investment opportunities.</li><li>Assist in the preparation of annual budgets, forecasts, and variance analysis to support decision-making.</li><li>Prepare accurate financial reports, including balance sheets, income statements, and cash flow statements, ensuring compliance with accounting standards.</li><li>Collaborate with internal and external auditors, providing the necessary documentation and analysis for audits and ensuring compliance with financial regulations.</li></ul>

Roles & Responsibilities

Average take home Salary for a Finance Associate in India is around ₹605081 per year

Salary Breakup

Finance associates carry out a range of financial and accounting duties for their organizations. They are accountable for the coordination of budget formulation, narratives for programs, and projections. They aid managers in the creation of financial plans and also plan and carry out analyses, such as for capital and operational budgets. Finance associates produce statistical reports based on cost analyses, as well as other pertinent information. If required, they have to offer a business-oriented analysis that is effective on topics that are determined by the management. Finance associates also manage capital and fixed asset accounts as well as capital expenditures, as providing context for preliminary analyses to their supervisors and aid in improvement of work flow throughout their company.

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Finance Associate

Salary Breakup

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