Financial Analysis Officer: Career, Skills and Job Search Report

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This report provides a comprehensive overview of the financial analysis officer role, identifying it as an ideal career path for graduates. It details the job description, including responsibilities such as financial reporting, data analysis, and strategic recommendations. The report outlines essential skills for financial analysts, including analytical abilities, communication, and technical proficiency. It also covers the qualities of a successful financial analyst, such as decision-making skills and attention to detail. Furthermore, the report highlights various sources for graduates to find relevant job opportunities, including networking, consultancy firms, referrals, and job fairs. The conclusion emphasizes the importance of understanding one's interests to secure a suitable job after graduation, with financial analysis being a viable option.
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Rapport
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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
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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
work is being able to satisfy personal expectations or serve them by eliminating
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 officer has been determined as an appropriate work after
graduation. To become a financial officer it offers the best educational experiences and
the position also assists with corporate target performance. This should assist in
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, from which they will contribute to the organization's capacity building.
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 growth opportunities. This can help to improve connectivity
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within company and manage operation and financing activity or can be beneficial in
controlling the available financial resources. Financial Analysis officer is 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
relevant to their jobs. The attributes, skills and skills needed to meet particular
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
process and individual students who after qualification are looking for jobs. 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 finance department 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 are responsible 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
the same to increase overall profitability.
To resolve the Company problem relevant 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.
To have 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 in Financial modelling
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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 officer must 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
investment can be selected by company to make any sort of expenses
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 to works with consumers, so it is important
that they have excellent communication skills to communicate with certain
consumers and solve their problem. Financial analysis officers also need
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 officers need to have good command over MS
office's excellent abilities to use excel, word and power point all of these program
assists in data research related to company old and current financial records.
This also support in making a better forecast for total sales and revenue
generation.
4. Decision-making skills: Financial analysis is 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 checks and 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
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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
must have full accounting experience, what and how to audit the financial
accounts, income and loss measurement methods and financial decision-making
processes which help in quickly predetermine results.
7. Valuable Activities: Good Financial Advisor is a trustworthy activist and by
market expertise they develop their personal confidence. Credibility comes when
they make pledge to create confidence relationships with company and depend
within company for long time. They must be straightforward to 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. They lead to develop the overarching strategy that ties the
internal enterprise to the needs of the everlasting costumers. This linage allows
render the company's actual workers who are guided business plans by
consumers. Financial Analyst project executor must have expertise to 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
career is the greatest tool and the greatest use of technologies. Multiple online
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platforms like LinkedIn encourage a graduate to expand their network by including
mates (Camagni, 2016). The larger the network, the further probably is that chance
to explore new job possibilities. Companies also use to provide their recruiting
advertisement on various networking site with the list of work quality. For
example Facebook, 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: Many companies give their workers benefits for recommending a
potential candidate to the business. It is just a win-win condition for company as well
employee and they person who make referral. Such as Individual have a new 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 same sector
to let informed about any opportunities. Throughout the future, the business
relationships they build 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. Investigate whatever enterprises an individual are
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 manner from other candidates. Some organisations may
also give applicants on-site conferences that accommodate their requirements.
The above 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).
.
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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 Analysis is 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.
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REEFRENCES
Books and Journals
Černe, M., Nerstad, C. G., Dysvik, A. and Škerlavaj, M., 2014. What goes around
comes around: Knowledge hiding, perceived motivational climate, and
creativity. Academy of Management Journal, 57(1).pp.172-192.
Brečka, P. and Červeňanská, M., 2016. Research of technical knowledge and creativity
development of children in pre-primary education through interactive
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. Creativity and organizational learning as means to foster
sustainability. Sustainable development,22(3). pp.205-216.
Camagni, R., 2016. Towards creativity-oriented innovation policies based on a
hermeneutic approach to the knowledge-space nexus. In Knowledge-creating
Milieus in Europe (pp. 341-358). Springer, Berlin, Heidelberg.
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