A corporate financial analyst’s main responsibilities include analyzing and understanding programs such as rebates, royalties, marketing support, and/or promotions. They also have to research, find, and fix any problems associated with customer liability. A corporate financial analyst reviews contracts to make sure companies comply with their organization's standards and audit controls, as well as make sure that fiscal year-end closing deadlines are all met (and any financial schedule is properly prepared). Corporate financial analysts also have to create reports on their analysis as required by management.
Qualifications for this position typically include a bachelor’s degree in finance or a related field. Employers may also require prior experience in a similar role. A corporate financial analyst should have a thorough understanding of relational databases and be proficient in basic computer software such as Microsoft Excel and Access. They must have excellent interpersonal skills to communicate effectively with individuals at all levels of their organization. The corporate financial analyst's environment is typically high volume and fast paced, requiring the analyst to handle multiple projects at a time. The corporate financial analyst typically works during regular business hours, although overtime may be required as deadlines occur.
Financial Analyst, Corporate Tasks
- Utilize accounting principles to ensure compliance with regulatory reporting requirements.
- Summarize and prepare financial records and statements for external reporting.
- Maintain records of assets, liabilities, profit and loss, tax liability, or other financial activities within an organization.