What does a Financial Analyst do?

Financial analysts are responsible for tracking a company's financial performance against a plan, analyzing business performance and market conditions to create forecasts, and helping senior management make tactical and strategic decisions by providing periodic reports. However, not all financial analysts work with financial institutions or help their employers make investments. For example, a company may hire a financial analyst to measure the effectiveness of various marketing campaigns relative to cost.

Most financial analyst roles require a degree in accounting, economics, statistics, or business administration. Though not required, a CPA or an MBA may be preferred. A financial analyst should be very good with numbers and solving problems, and should be familiar with the workings of the economy, tax laws, and money markets.

  • Provide analytical, forecasting, reporting, and project support to senior management
  • Produce monthly reports, which include key metrics, financial results, and variance reporting
  • Spearhead the annual and quarterly budgeting and forecasting processes
  • Identify opportunities for performance improvement across the organization
  • Maintain knowledge and keep abreast of new investment regulations or policies
  • Develop models that help with decision-making
  • Bachelor's degree in Finance, Accounting, or related field; CPA or CMA a plus.
  • 2-4 years of relevant experience in corporate finance, financial planning & analysis, investment banking, or other related fields.
  • Strong working knowledge of Excel and financial modeling
  • Excellent analytical, decision-making, and problem solving skills
  • Attention to accuracy and detail required
EducationBachelor's Degree
Work/Life Balance
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Salary Range--
Career Opportunity
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Avg. Experience2-4 years

Financial Analyst Salaries

Average Base Pay

£39,454 /yr
Same as national average
Not including cash compensation
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£24K
Median: £39K
£64K
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Glassdoor Estimated Salary

Financial Analyst Career Path

Learn how to become a Financial Analyst, what skills and education you need to succeed, and what level of pay to expect at each step on your career path.

L2
Financial Analyst
£39,454/yr
L3
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Financial Analyst Insights

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Financial Analyst Interviews

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Financial Analyst jobs

Frequently asked questions about the role and responsibilities of a financial analyst

When working as a financial analyst, the most common skills you will need to perform your job and for career success are Excellent Communication, Degree IN Finance, Microsoft EXCEL, Powerpoint and Application Analysis.

The most similar professions to financial analyst are:
  • Financial Consultant
  • Financial Advisor
  • Finance Manager
  • Controller

The most common qualifications to become a financial analyst is a minimum of a Bachelor's Degree and an average of 0 - 1 of experience not including years spent in education and/or training.