This report discusses the ideal job role of a Financial Analysis Officer, including the job description, qualities required, and sources to find such jobs.
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Contents INTRODUCTION...............................................................................................................3 Main Body..........................................................................................................................3 Ideal Job Role...........................................................................................................3 Job description of Financial Analysis officer.............................................................4 Qualities for Financial Analysts.................................................................................6 Sources to find the Jobs............................................................................................7 CONCLUSION...................................................................................................................9 REEFRENCES................................................................................................................10
INTRODUCTION In present time, it is very important for graduate to have a clear understanding about their future jobs, so that they can be prepared in advance and make relevant efforts through their studies to attain their desired job role. In this particular report, financial analysis officer is the ideal job for the student pursuing in last year of graduate. An idle workisbeingabletosatisfypersonalexpectationsorservethembyeliminating obstacles and issues that occur throughout job training. Ideal work also helps to offer a person development and incentives, as well as to make a person financially healthy. The report covers, job description, brief summary of individual specification and process to qualify for job. In addition, valid resources are discussed for graduate to find a respective job whenever required. Main Body Ideal Job Role In modern competitive environment each person wishes to get his / her dream career after finishing his / her college and subsequent degree. The definition of the ideal work is different for each individual because each has their own expectations and aspirations, their life-related goal. Ideal work can be described as a position appropriate for the whole of a person's knowledge and skills. A task that offers an environment of decent working conditions and encourages constant learning and development to an individual makes them happier to live a better life (Černe Nerstad, Dysvik and Škerlavaj, 2014). Financial Analysis officerhas been determined as an appropriate work after graduation. To become a financial officer it offers the best educational experiences and thepositionalso assistswithcorporatetargetperformance. Thisshouldassistin developing team bonding and improving workplace collaboration. Being a financial analyst will enable and person make best use of their talents and strengths, their interest,fromwhichtheywillcontributetotheorganization'scapacitybuilding. Personnel also need to work in an agency where they are comfortable and can benefit from their peers, an entrepreneurial atmosphere in which people can promote their strengths. It can be stated that the financial analyst may be a stressful job, however it will give numerous career growthopportunities. This can help to improve connectivity
within company and manage operation and financing activity or can be beneficial in controlling the available financial resources. Financial Analysis officeris the greatest example of an ideal work it can offer a person wealth, great achievement and also offer higher salary which can be supportive to fulfil the basic need of life. Job description of Financial Analysis officer Employment description is a formal structure that endorses roles and obligations relevanttotheirjobs.Theattributes,skillsandskillsneededtomeetparticular requirements are also defined. Job description also includes company-related statistics, a short description of the types of work arrangements, compensation of specific post agency proposals to employees. It is important part of the organisation in the recruiting processandindividualstudentswhoafterqualificationarelookingforjobs.Job description provided knowledge of specie post as well as work qualifications such that only skilled and trained workers can respond and managers can selecting the best personnel for further processing (Brečka and Červeňanská, 2016). Job description regarding Financial Analysis officer Job Description Job Role: Finance Analysis officer Division: Finance & accounts Report to : Finance director Function:The financial analysis officer serves a increasing consumer base while integrating their experience in quantitative capabilities with payment strategy.The accounting analyst is a valuable member to the internal financedepartment and also act as an advisor to the global customer department which work directly with the UK market research team which international customer team. They areresponsible for reviewing consumer data to identify the patterns and gain insight into key performance indicators. Responsibility To define, interpret and convey pattern analysis within company financial reports.Anticipation of a regular Finance Report on weekly/ monthly and annually. Recommendations to help companies and mainly on increasing their growth
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depending on the current or previous financial statements. Develop the database for the business team and include future analysis for thesame to increase overall profitability. To resolve theCompany problemrelevant to select the best funding alternative. Good consumer contact to retain corporate clients Able to manage vast datasets and familiar with figures Analysis planning on industry condition which gives the right advice on portfolio expenditure. Generate the Ad Hoc results by combining data with similar questions from various programs. Ensure accuracy of the evidence in all financial statements. Past sales and adjustments correct the accounting reports. Undertake activities related to finance research, reporting and management. Recognize and fix issues relating to invoicing, payment irregularities and other financial problems. Study and make necessary adjustments to the accounting documents and procedures. Skills Comprehensive expertise of finance area. Tohave experience of the budget, tax laws, accounting principles, general guidelines and accounting regulations, papers and financial statements. Advanced Microsoft Office experience Have the reporting capabilities. Strong researchers with vital planning and big issue-solving skills Excellent listening and comprehension capabilities Good management skills and flexible ability for accelerated land transition. Capacity to operate inside a matrix company Works professionally with international team members based in UK, USA. Qualification Bachelor's degree in accounting, Degree inFinancial modelling
MS office course certification Professional computing skills, tally, tax applications Special course certification in banking, economy, mathematics. Qualities for Financial Analysts 1.Analytical abilities: Financial analysis officermust be specialized in identifying the investment from which company receives income, as well as possessing excellent business intelligence expertise in the present market so that best investmentcanbeselectedbycompanytomakeanysortofexpenses Guarantee all expenditures are under the budget allocated for the job, Guarantee that the financial statements are monitored and reported correctly and Optimize balance sheet planning, financial tax, cost reporting etc. 2.Communication skills: They use toworks with consumers, so it is important thattheyhaveexcellentcommunicationskillstocommunicatewithcertain consumersandsolvetheirproblem.Financialanalysisofficersalsoneed outstanding communication skills to help them to understand their customers and retain positive consumer results (Chang, Hung and Lin, 2014). 3.Tech skills: Financial analysis officersneed to have good command overMS office's excellent abilities to use excel,word andpower point all oftheseprogram assists in data research related to company old and current financial records. Thisalsosupportinmakingabetterforecastfortotalsalesandrevenue generation. 4.Decision-making skills: Financialanalysisis responsible for taking decisions about the existing market investment portfolios, apply best accounting tools to prepare financial statements etc. It is important that particular activities have in- house expertise to make choices and help stakeholders overcome their dilemma. 5.Detail-oriented: They must have skills to assess any aspect and item of their market plan in detailed manner which further support to provide their client with comprehensive details. Maintain cash checksand keep the book up-to-date, Make sure the specific and the local ledgers are preserved, Monitor savings and hold respective cash reserves, Supervises the planning as needed of all financial
reports, invoices, suggestions etc. Maintain the accuracy and timeliness of the accounts receivables and payable operations (Lozano, 2014). 6.Accounting skills: Professional knowledge will be important in accounting. They musthavefullaccountingexperience,whatandhowtoauditthefinancial accounts, income and loss measurement methods and financial decision-making processes which help in quickly predetermine results. 7.Valuable Activities: Good Financial Advisoris a trustworthy activist and by market expertise they develop their personal confidence. Credibility comes when they makepledge to create confidence relationships with companyand depend within company for long time. They must bestraightforwardto connect with dignity, simply and regularly (Tang and Ye, 2015). 8.Strategic planner: Financial analysis officer will have expertise to check for insight whether their strategies and practice lead to the accomplishment of corporate goals. Theylead to developthe overarching strategy that ties the internal enterprise to the needs of the everlasting costumers. This linage allows renderthecompany'sactualworkerswhoareguidedbusinessplansby consumers. Financial Analyst project executor must have expertiseto work successfully they need to perform their organizational work with full performance. 9.Fund skills: Financial analysis officer have detailed knowledge of investment management, they have to learn about investing, portfolio forms from which companies produce more income at reduced expense. Individuals have sufficient understanding of all forms of shares for transactions and experience of finance and financial market. Sources to find the Jobs In present advance world, there have been number of sources where an individual can find the required job and make money for his living. These sources offers a variety of option for a job seeker which easy in making decision regarding the best job for a candidate. Some of these are discussed underneath: Networking: Scouring for a career is always an independent and professional person and the kinds of jobs they choose for them, utilizing networking to look for a careeristhegreatesttoolandthegreatestuseoftechnologies.Multipleonline
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platforms like LinkedIn encourage a graduate to expand theirnetwork by including mates (Camagni, 2016). The larger the network, the further probably is that chance toexplorenewjobpossibilities.Companiesalsousetoprovidetheirrecruiting advertisementonvariousnetworkingsitewiththelistofworkquality.For exampleFacebook, LinkedIn is now offering support in seeking career openings for financial reporting via. Consultancy firm: There are different consultancy companies working to make a smart and effective recruitment in big firm they are tie up with. As many time it become hectic for large companies to make direct recruitment from large number of candidates applying for a specific job role. Thus, to devise there work they use to allot the work to consultancy firms to arrange interview and make a smart recruitment for the vacant job. Referrals:Manycompaniesgivetheirworkersbenefitsforrecommendinga potential candidate to the business. It is just a win-win condition for company as well employee and they person who makereferral.Such as Individual have anew job, and the agent gets a referral fee to recruit excellent worker. This is fairly uncommon, but there is nothing to prevent from asking a respected friend who is working in samesector toletinformedaboutanyopportunities.Throughoutthefuture,thebusiness relationships theybuild at any job could open up many doors (Martinez, 2015). Job Fairs:Job fairs are mostly aimed at particular markets, but there are several more common career or recruiting fairs. The promotional information includes a list of the companies to be described. Investigatewhatever enterprises an individualare involved in, hold a stack of applications and business cards and get prepared to deal with these companies. View all interactions with employers as mini-interviews which may help to present in better mannerfrom other candidates. Some organisations may also give applicants on-site conferences that accommodate their requirements. Theabove discuss sources are beneficial for the graduate to find the required job and make a sound full decision to select the best company. They must make a decision depending upon the most comfort level and highest salary from the job (Camagni, 2016). .
CONCLUSION From the aforementioned study it has been found that graduate need to have some awareness reading their interest in order to take a decent job after graduation. Every individual's dream work is different because each has their own purpose and overall goal in their life to satisfy. Financial Analysisis a person who actually deals with simply providing critical performance knowledge about financial job organization and helps clients make decisions about portfolio investment through looking for market economy.
REEFRENCES Books and Journals Černe, M., Nerstad, C. G., Dysvik, A. and Škerlavaj, M., 2014. What goes around comesaround:Knowledgehiding,perceivedmotivationalclimate,and creativity.Academy of Management Journal,57(1).pp.172-192. Brečka, P. and Červeňanská, M., 2016. Research of technical knowledge and creativity developmentofchildreninpre-primaryeducationthroughinteractive whiteboard.Education and Information Technologies,21(6). pp.1611-1637. Tang, C. and Ye, L., 2015. Diversified knowledge, R&D team centrality and radical creativity.Creativity and Innovation Management,24(1). pp.123-135. Martinez, M. G., 2015. Solver engagement in knowledge sharing in crowdsourcing communities: Exploring the link to creativity.Research Policy,44(8). pp.1419- 1430. Weisberg, R. W., 2015. Expertise, nonobvious creativity, and ordinary thinking in Edison and others: Integrating blindness and sightedness.Psychology of Aesthetics, Creativity, and the Arts,9(1). p.15. Lozano,R.,2014.Creativityandorganizationallearningasmeanstofoster sustainability.Sustainable development,22(3). pp.205-216. Camagni,R.,2016.Towardscreativity-orientedinnovationpoliciesbasedona hermeneutic approach to the knowledge-space nexus. InKnowledge-creating Milieus in Europe(pp. 341-358). Springer, Berlin, Heidelberg.