Financial Analyst Job Description

Understanding Financial Analyst Job Description

A financial analyst is a professional who analyzes financial data to help individuals and corporations make smart investment decisions. This article explores what financial analysts do day-to-day, as well as the skills, education, and certifications needed to pursue this career path.

Financial Analyst Job Description Template


Financial Analyst Job Description

Financial analysts work for banks, insurance companies, mutual funds, securities firms, and other businesses, making their services vital across industries. Common financial analyst responsibilities include:

  • Researching Economic Trends – Analysts stay updated on economic, business, and financial conditions to determine potential impacts on investments.
  • Analyzing Financial Statements – Using advanced Excel modelling skills, analysts evaluate balance sheets, earnings reports, and other statements to gauge a company, industry, or investment vehicle’s financial health.
  • Creating Financial Models – Analysts build models projecting future revenues, expenses, cash flows, and other metrics to determine appropriate valuations and returns.
  • Writing Reports – Analysts present findings in written reports with investment recommendations for client and internal leadership decision-making.
  • Forecasting Trends – Using available data and analytics, financial analysts seek to estimate future market trends, economic shifts, and potential growth areas.

Essentially financial analysts leverage math, analytical, and communication skills to evaluate investments and provide actionable guidance to key stakeholders.

Key Financial Analyst Responsibilities

Daily work activities that financial analysts can expect include:

Research and Analysis

  • Research companies, industries, stocks, and global economic conditions
  • Obtain and evaluate financial statements, earnings reports, and other documentation
  • Build valuation and pricing models using Excel and financial analysis techniques
  • Assess qualitative factors like management, competitive forces, and market shifts
  • Determine if assets are over or undervalued based on findings

Communication and Reporting

  • Present research findings to clients, executives, boards of directors and other key decision-makers
  • Create visualizations and written reports detailing conclusions and investment recommendations
  • Answer questions and discuss market conditions with stakeholders
  • Track the latest financial news, regulations, and economic policies

Strategic Planning and Advisory

  • Make judgments on the value of potential investments and financial moves
  • Advise management on long-term investment capital allocation
  • Evaluate strategic decisions like mergers, acquisitions, or new product lines
  • Aid in portfolio optimization and risk management

Skills, Education, and Certifications for Financial Analysts

Success as a financial analyst requires certain hard and soft skills, education, and credentialing.


  • Analytical skills – Interpret complex quantitative and qualitative data
  • Math skills – Create financial models and conduct analyses
  • Advanced Excel modelling – Build valuations and forecast future performance
  • Communication and presentation abilities – Convey findings to key stakeholders
  • Writing skills – Produce well-structured reports
  • Attention to detail – Spot data abnormalities and generate accurate models

Education and Certifications

Most financial analyst positions require a bachelor’s degree in finance, accounting, economics, or a similar field. Some common credentials include:

  • CFA (Certified Financial Analyst)
  • CPA (Certified Public Accountant)
  • Master’s degree in Finance or Business Administration

Certifications like the CFA demonstrate financial analysis capabilities and can improve job prospects.

Financial Analyst Job Description Template

We are seeking a diligent and analytical Financial Analyst to evaluate our company’s financial standing and guide executive decisions. The Financial Analyst will model valuations, assess risks and opportunities, and present findings to leadership.


  • Research companies, stock offerings, global financial conditions, and economic trends to advise investment strategies
  • Obtain financial statements, earnings reports, and regulatory filings to complete quantitative analyses
  • Build financial models in Excel projecting past performance into the future
  • Perform ratio analyses, time value of money calculations, forecasting, and other techniques to reach investment conclusions
  • Distill complex quantitative and qualitative information into actionable insights
  • Generate visualizations and well-structured reports for executives with investment recommendations
  • Present valuation methodologies and conclusions to Board of Directors and leadership
  • Provide advisory services on capital allocation, cash flow optimization, and growth planning
  • Remain up to date with financial system regulations and accounting standards


  • Bachelor’s degree in Finance, Accounting, or Economics required; Master’s degree preferred
  • 3+ years of experience creating financial models and analyses for investing
  • Proficiency in valuation methodologies and financial modelling tools like Excel
  • Strong quantitative, analytical, and reasoning abilities
  • Excellent written and verbal communication skills
  • High attention to detail and accuracy
  • Ability to synthesize complex information into strategic conclusions
  • CFA, CPA, or related certification a plus

The role provides an excellent opportunity to guide executive decisions using financial modelling and economic analysis expertise. We offer a competitive salary and benefits package commensurate with experience.

Financial Analyst Career FAQs

What does a financial analyst do?

Financial analysts evaluate economic conditions, financial statements, earnings reports, and other information to determine appropriate valuations for investments. They leverage Excel modelling to project future performance and make data-driven recommendations to their firms and clients.

What skills does a financial analyst need?

Strong math, analytical, and reasoning abilities are essential. Financial analysts also require advanced Excel modelling skills to build forecasts and valuations. Communication skills are also vital since analysts frequently present findings to executives and clients.

What degree does a financial analyst need?

Most financial analyst positions require a bachelor’s degree in finance, accounting, economics or a related quantitative field. Some employers may prefer a Master’s degree and specific certifications like the CFA (Certified Financial Analyst).

What entry-level financial analyst jobs pay?

According to the U.S. Bureau of Labor Statistics, the average entry-level financial analyst salary is roughly $63,000 per year. With experience, salaries can reach over $100k.

Do financial analysts work long hours?

Work hours depend heavily on the employer and market conditions. During critical deadlines, financial analysts may need to work over 40 hours weekly. At larger investment banks and hedge funds, analysts can routinely expect 50-60+ hour workweeks.

Is becoming a financial analyst difficult?

The role can be challenging given the combination of specialized knowledge and skills required. Excel modelling, valuations, accounting principles, analytics, writing, presentations and logic/reasoning abilities are needed. Mathematical aptitude is vital. Competition for top jobs is also fierce.

What are career advancement opportunities?

With experience, financial analysts may advance to senior or lead analyst roles tasked with managing teams and clients. Others leverage their expertise to become fund managers, chief financial officers or other executive leadership positions.


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