Description

Senior finance analysts offer support and advice on analyzing various financial metrics. In addition to performing analysis of financials, these senior team members prepare budgets, conduct dynamic forecasting, and offer an analysis of the latest products and results for the company. They are usually employed across all departments of the business, since they assist in the planning and making of decisions related to the financials of sales, products and other aspects of the business.

The job demands the ability to adapt and learn to the various departments of the business require the analyst's focus. When working in these departments, the senior finance analysts need to be able to analyse and present data to the business efficiently and in a timely way. They are required to prepare and present their reports, therefore being able to effectively communicate to a variety of audiences is crucial.

The most essential qualifications for senior finance analysts is the ability to comprehend accounting and finance and accounting, a keen eye for details, and exceptional analytical abilities. It is also required that candidates for this job have an Master of Business Administration (M.B.A.), Certified Public Accountant (C.P.A. ) or the Certified Management Accountant (C.M.A.) designation. Experience in business or financial analysis is required, usually at least five years. Experience with basic office software, such as Microsoft Office Suite Microsoft Office suite is also required.

Roles & Responsibilities

As a Senior Analyst, Finance with 6-9 years of experience in India, here are some main responsibilities:

  • Conducting detailed analysis of financial data and preparing reports to assist in decision-making processes.
  • Assisting in the development and management of budgets, and creating financial forecasts to help plan future activities.
  • Identifying and evaluating financial risks, and implementing strategies to mitigate them.
  • Collaborating with internal and external stakeholders to provide financial insights and support strategic initiatives.

Qualifications & Work Experience

Major educational qualifications required for Senior Analyst, Finance are:

  • A bachelor's degree in finance, accounting, or another related area.
  • Two years or more of experience in analysis, financial planning, and modeling.
  • The ability to communicate financial information to non-financial audiences.
  • Knowledge of strategies for financial management.
  • Excellent multitasking and organizational skills.
  • Excellent interpersonal, communication, and presentation abilities.
  • Highly organized and capable of working in high-pressure environments.
  • A strong analytical mind and problem-solving abilities.
  • Expertise in Microsoft Office and SAP, Oracle or similar financial systems.

Essential Skills For Senior Analyst, Finance

1

Accounting

2

Financial Planning

3

Financial Analysis

4

Data Analysis

Skills That Affect Senior Analyst, Finance Salaries

Different skills can affect your salary. Below are the most popular skills and their effect on salary.

Accounting

14%

Financial Planning

58%

Financial Analysis

2%

Data Analysis

33%

Career Prospects

Some Alternative job roles available for Senior Analyst, Finance are:

  • Chief Financial Officer: Oversees financial strategies and operations, ensuring optimal fiscal management and long-term growth.
  • Chief Investment Officer: Develops and implements investment strategies, optimizing portfolio performance and driving financial returns.

How to Learn

The projected growth of the Senior Analyst, Finance role in India is significant. The Indian market offers ample opportunities for professionals in this field to thrive. According to a 10-year analysis, the job role has consistently witnessed a high demand and is expected to continue growing in the foreseeable future. With the increasing complexity of financial markets and expanding global businesses, companies require skilled finance professionals to analyze and interpret financial data. As a result, employment opportunities in this field are expected to rise steadily. Google's latest data supports this trend, highlighting a positive outlook for the Senior Analyst, Finance role in India.