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Become An Account Analyst

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Working As An Account Analyst

  • Interacting With Computers
  • Processing Information
  • Getting Information
  • Evaluating Information to Determine Compliance with Standards
  • Organizing, Planning, and Prioritizing Work
  • Mostly Sitting

  • Repetitive

  • $62,104

    Average Salary

What Does An Account Analyst Do At Orbital ATK

* The Principal Cost Account Analyst is responsible for various financial functions such as cost estimating, material pricing, production costs, and financial analysis in a professional team environment.
* This position reviews complex financial data and cost estimating received from staff for inclusion in various reports and proposals and submission to upper management, contract personnel, proposal coordinators, customer representatives, price auditors, vendors, and subcontractors.
* Perform direct material cost accounting activities, including cost estimates and inventory evaluations
* Provide material cost estimates in support of pricing decisions
* Coordinate cost estimates (labor and material) in accordance with RFP specifications
* Synthesize and analyze large quantities of data to create useful information and concise analysis
* Provide financial analysis of monthly spending trends to ensure ROI goals are achieved
* Balance multiple projects and prioritize
* Lead and provide guidance to other analysts
* Develop key metrics and analysis for Ad
* Hoc reporting
* Meet deadlines

What Does An Account Analyst Do At Goldman Sachs & Co.

* Develop an understanding of focus firm’s overall business including their product platform strategy, market share, etc.
* Work with a Director of Platform Development to execute a product placement plan for each focus firm.
* Including specific objectives, action plans and timelines for maintaining existing asset base and attaining additional mandates and recommended status on MF, SMA, ETF, AI and subadvisory strategies.
* Manage/coordinate preparation for product introduction meetings including attendance of appropriate GSAM personnel and production of presentation decks
* Manage/coordinate preparation for subsequent meetings, site visits, requests for information, periodic communications
* Manage and respond to due diligence analysts, CIO’s and strategists inquiries and quarterly questionnaires
* Market complex industry investment themes and analysis to clients
* Effectively partner/communicate and strategize with Key Account Relationship Managers in client efforts
* Develop strong knowledge of the retail distribution market including mutual fund share class options, SMA, ‘model’ delivery/UMA, along with legal and regulatory issues
* Develop strong product knowledge for all investment strategies and fee structures

What Does An Account Analyst Do At Thermo Fisher Scientific

* Create and maintain SKU level standard costs in accordance with corporate policies and generally accepted accounting principles.
* Collaborate with manufacturing personnel on structure and validity of BOM and routing data.
* Update, collect and study data to determine costs of business activities.
* Provide accurate, timely costing information to the business to support business decisions.
* Review and develop standard work to ensure variances arising from purchase prices and work orders are investigated and any necessary corrective actions implemented.
* Assist in the analysis of financial data and assess relevant information; interpret data for the purpose of applying past financial performance to future standards.
* Provide support as required for cost benefit analysis related to projects and/or programs.
* Reconcile ending inventory balances on monthly basis.
* Manage the excess and obsolete inventory reserves based on guidance from corporate policy.
* Actively participate and provide leadership in various projects to improve the operational and financial effectiveness of the plant related to the standard costs of individual SKUs

What Does An Account Analyst Do At PVH Corp.

* ACCOUNTABILITIES** **OF THE JOB:
* The primary responsibility is the collection of a specific account portfolio which generates and guarantees cash flow for the Corporation in a timely manner.
* The account base consists of low, medium and high credit risk type accounts.
* In addition, the account base consists primarily of higher sales volume accounts with the possibility of specific accounts that require distinct handling and/or maintenance.
* Issues from this customer base must be identified, defined, resolved and collected within the preset specified terms.
* Accounts receivable maintenance must be performed in a timely fashion on an ongoing basis.
* Timely communication of significant issues to management is critical.
* At the end of each month detailed reporting is generated.
* This accounts for all variances in their NR; they are expected to have detailed explanations

What Does An Account Analyst Do At BIC Corporation

* Utilize sales trend data and perform consistent data analysis to identify opportunities and provide value to our customer and our Company.
* Analyze IRI and customer specific point of Sales data and overlayto help support the National Account Manager in achieving distribution, shelving, promotion and pricing objectives.
* Assist in the development and delivery of detailed Category Review presentations, along with data and insight delivery to BIC Management
* Work closely with Sales Team in developing and supporting the execution of category information and promotional management initiatives that meet or exceed annual profit and volume goals
* Make recommendation to the Food and DrugTeam on overall brand and marketing development based on fact based detailed analysis.
* Interact with corporate Brand/Customer Marketing Teams on consumer insights and overlay with availabledata to help influence buyer and purchasing behaviors

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How To Become An Account Analyst

Most accountants and auditors need at least a bachelor’s degree in accounting or a related field. Certification within a specific field of accounting improves job prospects. For example, many accountants become Certified Public Accountants (CPAs).  

Education

Most accountant and auditor positions require at least a bachelor’s degree in accounting or a related field. Some employers prefer to hire applicants who have a master’s degree, either in accounting or in business administration with a concentration in accounting.

A few universities and colleges offer specialized programs, such as a bachelor’s degree in internal auditing. In some cases, those with associate’s degrees, as well as bookkeepers and accounting clerks who meet the education and experience requirements set by their employers, get junior accounting positions and advance to accountant positions by showing their accounting skills on the job.

Many colleges help students gain practical experience through summer or part-time internships with public accounting or business firms.

Licenses, Certifications, and Registrations

Every accountant filing a report with the Securities and Exchange Commission (SEC) is required by law to be a Certified Public Accountant (CPA). Many other accountants choose to become a CPA to enhance their job prospects or to gain clients. Many employers will often pay the costs associated with the CPA exam.

CPAs are licensed by their state’s Board of Accountancy. Becoming a CPA requires passing a national exam and meeting other state requirements. Almost all states require CPA candidates to complete 150 semester hours of college coursework to be certified, which is 30 hours more than the usual 4-year bachelor’s degree. Many schools offer a 5-year combined bachelor’s and master’s degree to meet the 150-hour requirement, but a master’s degree is not required.

A few states allow a number of years of public accounting experience to substitute for a college degree.

All states use the four-part Uniform CPA Examination from the American Institute of Certified Public Accountants (AICPA). Candidates do not have to pass all four parts at once, but most states require that they pass all four parts within 18 months of passing their first part.

Almost all states require CPAs to take continuing education to keep their license.

Certification provides an advantage in the job market because it shows professional competence in a specialized field of accounting and auditing. Accountants and auditors seek certifications from a variety of professional societies. Some of the most common certifications are listed below:

The Institute of Management Accountants offers the Certified Management Accountant (CMA) to applicants who complete a bachelor’s degree. Applicants must have worked at least 2 years in management accounting, pass a two-part exam, agree to meet continuing education requirements, and comply with standards of professional conduct. The exam covers areas such as financial statement analysis, working-capital policy, capital structure, valuation issues, and risk management. 

The Institute of Internal Auditors (IIA) offers the Certified Internal Auditor (CIA) to graduates from accredited colleges and universities who have worked for 2 years as internal auditors and have passed a four-part exam. The IIA also offers the Certified in Control Self-Assessment (CCSA), Certified Government Auditing Professional (CGAP), Certified Financial Services Auditor (CFSA), and Certification in Risk Management Assurance (CRMA) to those who pass the exams and meet educational and experience requirements.

ISACA offers the Certified Information Systems Auditor (CISA) to candidates who pass an exam and have 5 years of experience auditing information systems. Information systems experience, financial or operational auditing experience, or related college credit hours can be substituted for up to 3 years of experience in information systems auditing, control, or security.

For accountants with a CPA, the AICPA offers the option to receive any or all of the Accredited in Business Valuation (ABV), Certified Information Technology Professional (CITP), or Personal Financial Specialist (PFS) certifications. The ABV requires a written exam, completion of at least six business valuation projects, and 75 hours of continuing education. The CITP requires 1,000 hours of business technology experience and 75 hours of continuing education. Candidates for the PFS also must complete a certain amount of work experience and continuing education, and pass a written exam.

Advancement

Some top executives and financial managers have a background in accounting, internal auditing, or finance.

Beginning public accountants often advance to positions with more responsibility in 1 or 2 years and to senior positions within another few years. Those who excel may become supervisors, managers, or partners; open their own public accounting firm; or transfer to executive positions in management accounting or internal auditing in private firms.

Management accountants often start as cost accountants, junior internal auditors, or trainees for other accounting positions. As they rise through the organization, they may advance to accounting manager, chief cost accountant, budget director, or manager of internal auditing. Some become controllers, treasurers, financial vice presidents, chief financial officers, or corporation presidents.

Public accountants, management accountants, and internal auditors can move from one aspect of accounting and auditing to another. Public accountants often move into management accounting or internal auditing. Management accountants may become internal auditors, and internal auditors may become management accountants. However, it is less common for management accountants or internal auditors to move into public accounting.

Important Qualities

Analytical skills. Accountants and auditors must be able to identify issues in documentation and suggest solutions. For example, public accountants use analytical skills in their work to minimize tax liability, and internal auditors use these skills to detect fraudulent use of funds.  

Communication skills. Accountants and auditors must be able to listen carefully to facts and concerns from clients, managers, and others. They must also be able to discuss the results of their work in both meetings and written reports.

Detail oriented. Accountants and auditors must pay attention to detail when compiling and examining documentation.

Math skills. Accountants and auditors must be able to analyze, compare, and interpret facts and figures, although complex math skills are not necessary.

Organizational skills. Strong organizational skills are important for accountants and auditors who often work with a range of financial documents for a variety of clients.

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Account Analyst jobs

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Account Analyst Career Paths

Account Analyst
Senior Accountant Accounting Supervisor
Accounting Manager
7 Yearsyrs
Specialist Accountant Treasury Analyst
Cash Manager
5 Yearsyrs
Accounting Manager Accountant-Contractor Senior Accountant
Corporate Accounting Manager
8 Yearsyrs
Finance Analyst Controller
Corporate Controller
12 Yearsyrs
Operations Manager Branch Manager Credit Analyst
Credit And Collection Manager
7 Yearsyrs
Account Manager Business Manager Controller
Director Of Accounting & Finance
11 Yearsyrs
Office Manager Accountant Accounting Manager
Division Controller
9 Yearsyrs
Data Analyst Finance Analyst Assistant Controller
Divisional Controller
9 Yearsyrs
Business Analyst Senior Finance Analyst Controller
Finance Controller
9 Yearsyrs
Account Manager Business Analyst Senior Finance Analyst
Finance Planning Manager
8 Yearsyrs
Accounting Manager Assistant Controller Controller
Finance Vice President
9 Yearsyrs
Senior Finance Analyst Controller
Interim Controller
15 Yearsyrs
Controller Accounting Consultant Accounting Manager
Manager/Finance Accounting
8 Yearsyrs
Finance Analyst Finance Manager Sales Manager
Operations Manager
7 Yearsyrs
Senior Finance Analyst Accounting Manager
Plant Controller
10 Yearsyrs
Business Analyst Finance Manager Controller
Regional Controller
10 Yearsyrs
Office Manager Accounting Manager
Senior Accounting Manager
10 Yearsyrs
Project Manager Senior Manager Controller
Senior Director Of Finance
14 Yearsyrs
Senior Accountant Senior Finance Analyst Finance Manager
Senior Finance Manager
11 Yearsyrs
Controller Finance Consultant Senior Finance Analyst
Treasury Manager
9 Yearsyrs
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Account Analyst Demographics

Gender

  • Female

    60.5%
  • Male

    37.3%
  • Unknown

    2.2%

Ethnicity

  • White

    75.8%
  • Hispanic or Latino

    11.4%
  • Asian

    9.8%
  • Unknown

    2.1%
  • Black or African American

    0.9%
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Languages Spoken

  • Spanish

    48.6%
  • French

    9.4%
  • Mandarin

    6.5%
  • Italian

    4.9%
  • Portuguese

    4.5%
  • Chinese

    4.5%
  • Russian

    3.3%
  • Cantonese

    2.9%
  • German

    2.9%
  • Japanese

    2.9%
  • Hindi

    1.2%
  • Greek

    1.2%
  • Hebrew

    1.2%
  • Arabic

    1.2%
  • Swahili

    0.8%
  • Vietnamese

    0.8%
  • Korean

    0.8%
  • Filipino

    0.8%
  • Dakota

    0.8%
  • Urdu

    0.8%
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Account Analyst

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Account Analyst Education

Account Analyst

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Real Account Analyst Salaries

Job Title Company Location Start Date Salary
Managed Account Lifecycle Analyst Man Investments USA Holdings Inc. New York, NY Sep 08, 2015 $150,000
Account Analyst Google Inc. New York, NY Jan 09, 2016 $144,123
Account Analyst Google, Inc. New York, NY May 04, 2016 $121,402
Accounts Analyst Urban American Management, LLC West New York, NJ Sep 15, 2013 $120,000
Revenue Accountant/Analyst Polycom, Inc. San Jose, CA May 10, 2016 $120,000 -
$150,000
Technical Account Analyst Iris Software, Inc. Edison, NJ Apr 20, 2016 $116,709
Account Analyst Google Inc. New York, NY Nov 29, 2013 $116,000
Managed Account Lifecycle Analyst Man Investments USA Holdings Inc. New York, NY Apr 22, 2015 $115,000
Account Analyst Google Inc. New York, NY Oct 01, 2013 $114,360
Account Analyst Google Inc. New York, NY Apr 09, 2013 $114,360
Management Account Analyst Kitara Media LLC Jersey City, NJ Sep 15, 2013 $110,000
Reinsurance Account Analyst Underwriter Hemispheric Reinsurance Group LLC Miami, FL Aug 28, 2015 $110,000
Strategic Account Analyst Boost Media, Inc. San Francisco, CA Jul 09, 2015 $108,014
Strategic Account Analyst Boost Media, Inc. San Francisco, CA Feb 18, 2015 $108,014
Accountant Analyst Fig LLC Irving, TX Dec 10, 2016 $64,064 -
$75,000
Accountant/Analyst RCG LLC Somerville, MA Aug 16, 2016 $62,500
Accountant-Analyst C&D CPA's Inc. Alhambra, CA Sep 04, 2015 $61,110
Accounts Analyst R2 Technologies LLC Farmington, MI Jan 09, 2016 $60,189
Mid-Market Account Analyst Twitter, Inc. San Francisco, CA Sep 06, 2013 $60,000
Accounts Analyst Soleil Capitale Corporation New York, NY Sep 17, 2014 $60,000
Accountant Analyst Ming International LLC Carson, CA Sep 10, 2014 $60,000
Account Analyst AFC Trident Inc. Ontario, CA Jan 08, 2016 $50,835
Global Analyst/Strategic Accounts Banneker Industries, Inc. North Smithfield, RI Sep 05, 2013 $50,586
Accounts Analyst United Medical Bear, DE Sep 27, 2016 $50,500
Patient Accounts Analyst Charlotte Mecklenburg Hospital Authority Charlotte, NC Jan 30, 2013 $50,170 -
$62,000
Accounts Analyst Moonstar Express LLC Belleville, MI Aug 22, 2016 $50,000

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Top Skills for An Account Analyst

MonthlyFinancialStatementsProceduresCustomerServiceComplianceGeneralLedgerAccountsExternalAuditorsMonthlyJournalEntriesAssetAccountReconciliationsPayrollIncomeFinancialReportsDataEntryCustomerAccountsCreditCardInsuranceCompaniesBankReconciliationsSpecialProjectsPurchaseOrdersMedicalRecords

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Top Account Analyst Skills

  1. Monthly Financial Statements
  2. Procedures
  3. Customer Service
You can check out examples of real life uses of top skills on resumes here:
  • Prepared weekly forecast reports and monthly financial statements.
  • Assist all levels of the support center with questions regarding escalated issues following company policies and procedures.
  • Provided over the phone customer service for troubleshooting and system configuration.
  • Worked with Revenue Cycle Financial Analyst to resolve month end, compliance issues and collection report discrepancies.
  • Compiled and analyzed data to reconcile numerous General Ledger accounts.

Top Account Analyst Employers