Basic duties performed by chartered financial analysts (CFAs) include monitoring and helping improve financial performance for clients. Monitoring consists of tracking status, using financial models and forecasting, analyzing plans, and reconciling transactions. To improve performance, all data must be carefully analyzed and then used to present solutions such as automation, removing redundancy, improving coordination, and handling other weaknesses. In some cases, this may require specialized knowledge of specific fields; however, in general, problem-solving skills and strong communication skills are essential to generate strong results.
Chartered Financial Analyst (CFA) Tasks
Evaluate financial decisions, set goals and identify key steps for growth.
Write reports on recommendations, risks and current state.
Analyze financial portfolios and create recommendations.