Classification analysts are employed within the accounting and finance departments of all kinds of businesses, and are responsible for classifying different types of expenses, revenues, and other accounting-related data to ensure that their employer’s financial records are complete, precise, and up-to-date. They also perform routine accounting calculations and check the accuracy of postings recorded by other employees to ensure that they fall under the correct accounts or ledgers. Some also sample computer-selected entries for accuracy prior to financial audits.
A bachelor's degree in accounting, business, finance, or a related field and relevant work experience are generally required for this position, though some companies accept candidates with years of relevant prior experience in place of a degree. Employers generally prefer candidates who are proficient in Microsoft Office programs (PowerPoint, Excel, Word, Outlook) and have excellent oral and written communication skills, as well as the ability to work well in a team environment. They must also be knowledgeable of the Security Exchange Commission (SEC), Internal Revenue Service (IRS), Generally Accepted Accounting Principles (GAAP), and other relevant government rules and regulations.
Classification analysts must also have good interpersonal and phone skills, and some may be required to make presentations to management or other staff members within the department. Some may be required to attend various workshops or classes to expand their knowledge in the field or train newer/younger classification analysts when necessary.