Curious About Becoming a Financial Analyst? What Are the Key Roles and Responsibilities?

Hi, I am very much interested in working as a financial analyst. Could you please help me by explaining the roles and responsibilities of a financial analyst?

Thank you.

Regards,
Manghai

Please Google it; you can find many. In the meantime, here are a few points:

- Analyzing trends in revenues and expenses.
- Preparing spreadsheets, graphs, and charts to help illustrate financial trends.
- Presenting financial information to managers.
- Performing revenue and expense forecasts to make financial decisions.
- Creating and reviewing financial records.
- Preparing budgets.

Key Responsibilities of a Financial Analyst

1. Prepare and review a variety of complex financial data.
2. Assist in maintaining and updating company financial models.
3. Perform forecasts while analyzing to support the forecast process.
4. Participate in forecasting and planning cycles, develop tools for improving forecasting and actual processes, and roll them out to the larger population while identifying projects.

Thank you.

Qualifications for a Financial Analyst

As a financial analyst, you should acquire proper qualifications such as CA or an MBA in Finance. The most preferred qualification is CFA. You should develop business acumen and analytical skills.

Main Responsibilities of Professional Financial Analysts

1. Monitor the financial health of the organization.
2. Create and monitor various financial ratios.
3. Design and review financial models for equities.
4. Monitor fund trends.
5. Monitor compliance.

Financial analysts have careers in corporate finance but mainly in financial institutions.

Regards,
Vinod Bidwaik

As a Financial Analyst, you have to perform various tasks for several departments like Cash Control, Operations Management, Trade Operations, Settlements, etc. Every department has its own importance from a business perspective. Highly sensitive departments are Trade Operations & Settlements. Lots to share, but next time.