JOB DESCRIPTION

Job Identification:
Job Title- Financial Analyst
Date- 3rd February, 2020

Job Summary:
Analyzes financial status by collecting, monitoring, and studying data; recommending actions.

Responsibilities and Duties:

I. Determines cost of operations by establishing standard costs; collecting operational data.
II. Identifies financial status by comparing and analyzing actual results with plans and
forecasts.
III. Guides cost analysis process by establishing and enforcing policies and procedures;
providing trends and forecasts; explaining processes and techniques; recommending
actions.
IV. Improves financial status by analyzing results; monitoring variances; identifying trends;
recommending actions to management.
V. Reconciles transactions by comparing and correcting data.
VI. Maintains database by entering, verifying, and backing up data.
VII. Recommends actions by analyzing and interpreting data and making comparative
analyses; studying proposed changes in methods and materials.
VIII. Increases productivity by developing automated accounting applications; coordinating
information requirements.

Authority Incumbent:
I. Take individual investments and collections of investments, which are known as
portfolios.
II. Evaluate data
 III. Takes financial decision based on economic and business trends.
IV. Study a company’s financial statements to determine its value.
V. Meet with company officials to gain better insight into the company’s prospects and
management

Standard of Performance:
I. An acceptable current ratio varies across industries.
II. The Outlet sees a 20% fall in inventory value together with a 23% jump in sales over the
prior year.
III. By comparing the company's market value to its book value, investors can easily
determine in part, determine whether a stock is under- or over-priced.

Work Environment:
Financial analyst is based in office, but also travels to consult with clients and investigate
companies with investment potential. Even Financial Analyst spends a large portion of office
hours meeting people or speaking on the telephone, which leaves their analysis and research
work for evenings and weekends. Frequently under stress from deadlines, most analysts work
full-time, and overtime is routine. Many work as many as 50 to 70 hours per week, according to
the Bureau of Labor Statistics.

Job Specification:
Education:
Possesses a bachelor’s degree. A number of fields of study provide appropriate preparation,
including accounting, economics, finance, statistics, mathematics, and engineering. For advanced
positions, employers often require a master’s in business administration (MBA) or a master’s
degree in finance.

Skills:
I. Analytical skills. Process a range of information in finding profitable investments.
 II. Communication skills. Explain their recommendations to clients in clear language that
clients can easily understand.

III. Computer skills. Adept at using software packages to analyze financial data, see trends,
create portfolios, and make forecasts.

IV. Decision making skills. Provide a recommendation to buy, hold, or sell a security. Fund
managers must make split-second trading decisions.

V. Detail oriented. Pays attention to details when reviewing possible investments, as small
issues may have large implications for the health of an investment.

VI. Math skills. Uses mathematical skills when estimating the value of financial securities.