A junior financial analyst is responsible for assisting senior analysts in various accounting and/or financial management duties. Depending on the structure and function of the organization, a junior financial analyst may be part of the finance or accounting department. Duties may include gathering and analyzing market data, as well as drafting financial reports. Data collection may take place through research, interviews, and Internet searches. Analysis is typically communicated through written financial and statistical reports. Accounting tasks tend to include preparation of monthly accounting statements, analysis of internal financials, monitoring budgets, and documenting variances. At the discretion of the senior team members, a junior financial analyst may also be called on to make recommendations.
Junior Financial Analyst Tasks
Analyze business processes and procedures to identify areas of weakness; offer solutions to improve operations.
Prepare financial reports on market trends, customer analysis, statistics, costs and margin structures.
Analyze and interpret financial and market data to provide logical, repeatable explanations.