Senior Financial Analyst Job Description
The senior financial analyst is essential to both the profitability and the financial stability of mid to large size companies in almost every industry in California. The role of senior financial analyst is sometimes used as a stepping stone to higher level positions like chief financial officer, director of finance or financial controller.
In the coming years employment of financial analysts is expected to grow much faster than any other occupation. Job growth will continue as investments become more complex and globally focused. Competition for these high-paying positions will remain fierce, with the best prospects holding advanced degrees as well as experience in the field.
A senior financial analyst is responsible for a wide variety of duties. Depending on the industry and the size of the business a senior financial analyst might be responsible for financial forecasting reports, ensuring compliance with regulatory requirements, overseeing mergers and activities related to audits and finance or preparing analytics and financial models. Depending on the company, a senior financial analyst might supervise other finance staff members. They typically oversee reporting, data management, prepare ad hoc analyses, monitor financial software and serve as managers on special projects.
Candidates for senior financial analyst positions must hold at least a bachelor’s degree. However, an MBA and prior financial analysis experience is preferred. Professionals who are looking to accelerate their career and pursue a senior financial analyst position can strengthen their knowledge by enrolling in an MBA program that specializes in Accounting and Finance. Professionals that have earned this accreditation are able to:
- Apply modern theories of leadership, management and negotiation
- Are able to solve real-world business challenges
- Can analyze accounting data in order to reach managerial and organizational goals
- Can use financial, statistical and economic data to assess and manage risk
- Can integrate financial, personal and operations initiatives in order to lead with success
- Are able to leverage advanced knowledge and skills in order to succeed as a senior financial analyst
Top employers look for senior financial analysts that possess solid organizational skills. Additionally, they prefer team oriented, motivated and collaborative individuals for this position.
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