Automatically apply for jobs with Zippi

Upload your resume to get started.

Contract finance analyst skills for your resume and career

Updated January 8, 2025

5 min read

Quoted experts

David Feldman Ph.D.,

Kim Tan Ph.D.

Below we've compiled a list of the most critical contract finance analyst skills. We ranked the top skills for contract finance analysts based on the percentage of resumes they appeared on. For example, 16.7% of contract finance analyst resumes contained financial analysis as a skill. Continue reading to find out what skills a contract finance analyst needs to be successful in the workplace.

15 contract finance analyst skills for your resume and career

1. Financial Analysis

Here's how contract finance analysts use financial analysis:

Prepared financial analysis on contracts for financial reporting, budget/forecast, allocations, billings/collections, headcount, other items as requested.
Analyzed trends, prepared financial forecasts, summarized and interpreted the results of financial analysis and provide possible alternatives for consideration.

2. SQL

Here's how contract finance analysts use sql:

Lead project to create SQL reporting database, containing IFS and legacy systems data.
Created development standards for SQL Server and Visual Basic for the MIS department.

3. Cost Analysis

Cost analysis, also known as cost-benefit analysis, refers to analyzing how a company's money is used, whether this is expenses of the company itself or the cost of the current production method. This method also takes the number of products sold into consideration to determine whether the manufacturing process is benefiting or harming the company's profits.

Here's how contract finance analysts use cost analysis:

Contributed significantly to financial budgeting preparation and analysis; inventory valuation and product cost analysis; and operational analysis.
Conducted cost analysis and profitability analysis for the procurement process.

4. Financial Data

Here's how contract finance analysts use financial data:

Identified ambiguous and erroneous financial data in contract repository, labeled and resolved findings and escalated issues.
Assessed historical and projected financial data to provide management with valuable data to make significant financial decisions.

5. Reconciliations

Here's how contract finance analysts use reconciliations:

Managed cash activities and resolved old and current accounts through reconciliations and variance analysis.
Performed consolidated financial reporting, revenue and expense accruals and balance sheet reconciliations.

6. Journal Entries

Journal entries can be defined as an act of keeping or making records of any transactions either economic or non-economic. The journal entries are made in the accounting systems of an organization. The entries are filled with two main fields; debit and credit. The debit and credit must be equal at the end of a journal entry else it is not considered correct. The journal entries also keep the date of transactions and the names of the accounts that were affected by the transactions.

Here's how contract finance analysts use journal entries:

Propose reclassification and write-off journal entries based on account reconciliation results.
Provided detailed research and reconciliation of problem accounts and prepared journal entries to move items out of accounts.

Choose from 10+ customizable contract finance analyst resume templates

Build a professional contract finance analyst resume in minutes. Our AI resume writing assistant will guide you through every step of the process, and you can choose from 10+ resume templates to create your contract finance analyst resume.

7. Financial Statements

A financial statement is a report of an individual or a company that includes all the information about the declared assets, the use of money, income, and also the contribution of shareholders over a certain period.

Here's how contract finance analysts use financial statements:

Performed and researched general ledger activity, and generated monthly financial statements, variance analyses, and transportation reporting.
Established best practices and internal controls to assist with integrity of future financial statements and consultation with management.

8. Financial Performance

Here's how contract finance analysts use financial performance:

Demonstrated ability in utilizing existing tools to facilitate reporting, measure financial performance and predict future results.
Maximized financial performance by managing subcontract, vendor, and consultant agreements.

9. Process Improvement

Here's how contract finance analysts use process improvement:

Analyze and forecast A/R portfolio performance with accuracy: identify process improvement opportunities.
Identify, develop and implement process improvements within existing billing platforms and processes.

10. Financial Management

Here's how contract finance analysts use financial management:

Generated memos and standard operating procedures for upper-level management to resolve financial management problems and implement solutions.
Process payments and accruals utilizing the Unified Financial Management System.

11. Pivot Tables

A pivot table is a technique used in data processing to arrange and rearrange statistics to prioritize useful information. The aim of a pivot table is to summarize the findings and interpretations of the data extracted. Pivot tables take information from a database or spreadsheet to report sums, average, and other such statistics. This technique is integral to data analysis since it turns the data to view it from different lenses and perspectives.

Here's how contract finance analysts use pivot tables:

Created complex pivot tables underlying variances between species, scenario, and countries using profit and loss statements.
Maintained extensive spreadsheet of all headcount including pivot tables which summarized headcount in detail and summary level.

12. Purchase Orders

Here's how contract finance analysts use purchase orders:

Processed consultant vendor payments and accruals for seven departments, verified time worked and rates against contracts and purchase orders.
Identify and process Indirect and Spot order invoices from the Legacy control sheets to close out JD Edwards Purchase Orders.

13. Payroll

Payroll is the sum of all the compensation that an organization has to pay to employees at a specified time. Payroll is managed by the finance or HR department while small business owners may handle it themselves. Payroll isn't fixed as it varies every month due to sick leaves, overtime, etc.

Here's how contract finance analysts use payroll:

Perform in a multifaceted role providing full-scale accounting and financial services, payroll management, database administration, and recording/reporting.
Supervised payroll and benefits calculation, taxes submission, equipment inventory and other related activities.

14. ERP

Enterprise Resource Planning (ERP) is computer software used by major corporations and organizations for conducting their management and accounting tasks efficiently. ERP systems bind different business processes with each other allowing smoother flow of data between them resulting in swift project assessment and completion.

Here's how contract finance analysts use erp:

Review cost centers across geographic, division, and ERP systems to categorize expenses within the new SG&A taxonomy.
Deploy Workday processes associated with annual and month end processes to the enterprise sites as part of the ERP deployment.

15. General Ledger

Here's how contract finance analysts use general ledger:

Compile and review general ledger transaction data for discontinued operations to aid in analyzing current transactions and forecasting future transactions.
Reconciled monthly departmental budget to general ledger and requested voucher corrections and debit memos as needed.

5 Contract Finance Analyst resume examples

Build a professional contract finance analyst resume in minutes. Browse through our resume examples to identify the best way to word your resume. Then choose from 5+ resume templates to create your contract finance analyst resume.

Create my resume

Build a professional resume in minutes using this template.

What skills help Contract Finance Analysts find jobs?

Tell us what job you are looking for, we’ll show you what skills employers want.

What skills stand out on contract finance analyst resumes?

David Feldman Ph.D.

Professor of Urban Planning and Public Policy and Political Science, Director, Water UCI, Director, MPP Program, University of California, Irvine

Succinct writing, critical thinking, strong quantitative analytical skills.

What contract finance analyst skills would you recommend for someone trying to advance their career?

Kim Tan Ph.D.

Professor, Accounting, Chair, California State University - Stanislaus

Travel abroad. Study/work on some certification to learn new/related skills (MOOC). Volunteer work. Work to help support the family. Prepare for graduate school. Work at a lower-level job in an organization they are interested in.

What type of skills will young contract finance analysts need?

Dr. Reid Cummings

Associate Professor of Finance & Real Estate, University of South Alabama

As computing systems continue to advance and evolve, and as artificial intelligence becomes more prevalent in data analytics, the ability to work with a variety of data manipulation, analysis, and presentation platforms will become increasingly important. Equally, a focus on improving critical thinking and communication skills, and the abilities to present outcomes, analysis, and ideas in a succinct, cogent, and logical fashion, will largely differentiate those who will succeed at a high level from everyone else.

What soft skills should all contract finance analysts possess?

Haran Segram Ph.D.

Clinical Assistant Professor of Finance, NYU Stern School of Business

Digital transformation is here to stay. Future of work will be a hybrid (in-person/remote) model. Therefore, graduates should have the ability to work on multiple companywide group projects from remote locations. This requires individuals to be self-driven and have the aptitude to perform tasks with minimal supervision or mentoring.

Do you want to know more?

List of contract finance analyst skills to add to your resume

The most important skills for a contract finance analyst resume and required skills for a contract finance analyst to have include:

Financial Analysis
SQL
Cost Analysis
Financial Data
Reconciliations
Journal Entries
Financial Statements
Financial Performance
Process Improvement
Financial Management
Pivot Tables
Purchase Orders
Payroll
ERP
General Ledger
Variance Analysis
Balance Sheet

Internal Controls
DOD
Account Reconciliations
Salesforce
Contract Terms
Financial Models
Financial Planning Analysis
Contract Compliance
SOX
Revenue Recognition
Financial Systems
Trend Analysis
SharePoint
Financial Support
GAAP
Data Analysis
RFP

GPO
Spend Analysis
Sarbanes-Oxley
Management System
A/P
Account Analysis
Expense Reports
Work Breakdown Structure
Government Contracts
HR
Cost Centers
Fixed Assets
Access Database
Strategic Sourcing
Cost Estimates

Updated January 8, 2025

Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.

Updated January 8, 2025

Browse business and financial jobs