Description

The primary job of a corporate financial analyst's duties include understanding and analyzing programs like rebates, royalties, marketing support or promotions. They must also investigate, identify the root of any issues related to the liability of customers. Corporate financial analysts review contracts to ensure that companies adhere to the standards of their company and audit procedures and also make sure that the fiscal year's closing deadlines are adhered to (and any financial plan is correctly prepared). Financial analysts at corporate companies also need to prepare reports on their findings as directed by the management.

The requirements for this job typically require a bachelor's education in financial management or another related area. Employers might also require previous experience in a similar position. Financial analysts in corporate organizations must have a deep understanding of relational databases as well as be proficient with basic software for computers, such as Microsoft Excel and Access. They should have strong interpersonal skills to effectively communicate with people at all levels within their company. The work environment of the corporate financial analyst is usually extremely fast-paced and high volume which requires the analyst to manage multiple projects simultaneously. The financial analyst in the corporate environment typically operates during normal working hours, however some overtime is required when deadlines are met.

Roles & Responsibilities

As a Financial Analyst, Corporate with 6-9 years of experience in the United States, your main responsibilities include:

  • Conduct complex financial analysis and forecasting to support business planning and decision-making.Perform in-depth financial analysis utilizing advanced techniques and models to assist in strategic decision-making processes.
  • Provide insights and recommendations to senior management based on financial analysis and key performance indicators KPIs.Communicate financial insights and propose actionable recommendations to senior leadership based on comprehensive analysis of financial data and KPIs.
  • Develop and maintain financial models, ensuring accuracy and adherence to industry standards.Create and update financial models to support budgeting, forecasting, and financial reporting processes, making sure they comply with industry standards and quality assurance.
  • Collaborate with cross-functional teams to support mergers, acquisitions, and other financial initiatives.

Qualifications & Work Experience

For a Financial Analyst, Corporate job role, the following qualifications are required:

  • Strong analytical skills to interpret complex financial data, perform financial modeling and forecasting, and provide insightful analysis to support strategic decision-making.
  • Proficiency in financial software and tools, such as Excel, ERP systems, and data visualization tools, to effectively analyze and present financial information.
  • Excellent knowledge of financial principles, accounting standards, and regulations to ensure compliance and accuracy in financial reporting.
  • Effective communication and presentation skills to convey financial insights and recommendations to stakeholders, including senior management, executives, and investors.

Essential Skills For Financial Analyst, Corporate

1

Finance Analytics

2

Financial Management

3

Financial Accounting

Skills That Affect Financial Analyst, Corporate Salaries

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

Data Modeling

15%

Financial Management

24%

Budgeting

25%

Financial Modeling

20%

Financial Analysis

5%

Data Analysis

14%

Career Prospects

As a Financial Analyst in a corporate job role with 6-9 years of experience in the United States, there are several alternative roles you can consider. Here are following options worth exploring:

  • Senior Accountant: This role entails more extensive responsibilities, such as financial reporting and regulatory compliance.
  • Treasury Manager: As a Treasury Manager, you would focus on managing an organization's cash and liquidity requirements. This includes tasks like forecasting, risk management, and investment activities.
  • Procurement Manager: If you enjoy managing supplier relationships, negotiating contracts, and overseeing purchasing processes, this role may be a good fit for you.
  • Financial Analyst: You can also continue to pursue a career as a Financial Analyst, where you would specialize in monitoring financial performance, developing forecasts, and providing insights to support strategic decision-making.

How to Learn

The job role of Financial Analyst in the corporate sector in the United States is projected to experience steady growth in the market. Based on a 10-year analysis, employment opportunities for Financial Analysts are expected to increase significantly. According to recent data from Google, there is a high demand for this role, with an estimated growth rate of 6% over the next decade. This translates to a substantial number of job openings and expanding career prospects for Financial Analysts in the future.