Finance Analyst

Finance Analyst Job Description :

The Finance Analyst is responsible for managing and analyzing financial data to support the company's financial decision-making processes. The role involves preparing financial reports, performing variance analysis, forecasting financial trends, and providing recommendations to enhance business performance.

Key Responsibilities :

• Financial Analysis & Reporting :

Analyze financial statements (income statement, balance sheet, cash flow) to assess the company's financial health.

• Prepare monthly, quarterly, and annual financial reports and presentations.
• Conduct variance analysis to identify discrepancies between actual performance and forecasted data.
• Forecasting & Budgeting :

Assist in preparing annual budgets and financial forecasts.

• Track and evaluate financial performance against budgets and forecasts, providing insights for corrective actions.
• Develop financial models to forecast future financial outcomes.
• Data Management & Interpretation :

Gather, organize, and validate financial data from various sources.

• Provide detailed financial analysis to support business strategies and investment decisions.
• Assist in evaluating new business opportunities, projects, and investments.
• Risk Management :

Identify and analyze financial risks and recommend strategies to mitigate them.

• Support senior management in making informed decisions by providing accurate financial data.
• Compliance & Regulation :

Ensure financial reporting complies with company policies and relevant financial regulations.

• Support audits and other financial reviews.
• Process Improvement :

Recommend improvements to internal financial processes and systems to increase efficiency and accuracy.

• Monitor and track financial performance metrics to suggest actionable improvements.

Required Qualifications :

• Bachelor's degree in Finance, Accounting, Economics, or related field (Master's preferred).
• Proven experience (typically 2+ years) in financial analysis, accounting, or a similar role.
• Strong knowledge of financial modeling and reporting tools (e.g., Excel, financial software).
• Solid understanding of financial regulations, accounting principles, and financial analysis techniques.
• Ability to work with large data sets and derive actionable insights.
• Strong attention to detail and analytical skills.

Skills & Competencies :

• Analytical thinking and problem-solving skills.
• Excellent communication skills to present findings to senior management.
• Proficiency in Microsoft Excel, PowerPoint, and financial analysis tools.
• Time management and the ability to meet deadlines.
• High level of integrity and ability to maintain confidentiality.

Preferred Skills :

• Experience with financial software like SAP, Oracle, or QuickBooks.
• Certification (e.g., CFA, CPA) is a plus.