Corporate finance analysts make significant business decisions based on the data they gather. Typically, corporate finance analysts work within an organization and support management decisions through actionable financial information. They monitor the taxes, expenses, financial statements, and other financial details of where the company sources its income. This position requires a formal qualification in accounting. It also necessitates the analyst to develop interpersonal skills, knowledge in information technology software, financial reporting skills, and experience in management.

Corporate Finance Analyst Responsibilities

Here are examples of responsibilities from real corporate finance analyst resumes representing typical tasks they are likely to perform in their roles.

  • Develop, maintain financial models/applications (VBA Excel/Access) to automate and streamline business processes and perform financial analysis.
  • Reduce errors and rework in daily operations via visual basic (VBA) macros and SQL manipulation.
  • Validate allocation rules during Essbase conversion project.
  • Prepare monthly consolidate financial package in accordance with GAAP and distribute to management.
  • Assist in identifying internal control issues in order to comply with Sarbanes-Oxley requirements.
  • Conduct portfolio audits and prepare presentations to executives recommending necessary amendments to client accounts.
  • Maintain SQL data warehouse: introduce and supervise changes, immediately troubleshot every system bug.
  • Develop forecast consolidation system and processes, executive presentations, performance metrics and standard performance measurement tools.
  • Reconcile cost and analyze income statements with different establish indirect rates in order to capture income accountability.
  • Demonstrate allocation cost controls adequate to meet Sarbanes-Oxley guidelines and various allocation methodologies are document for future reference.
Corporate Finance Analyst Traits
Analytical skills have to do with gathering information from various sources and then interpreting the data in order to reach a logical conclusion that benefits the business.
Communication skills shows that you are able to relay your thoughts, opinions and ideas clearly to those around you.
Computer skills involves understanding how to operate a computer, as well as computer programs and applications.

Corporate Finance Analyst Job Description

Perhaps the hardest question to answer when deciding on a career as a corporate finance analyst is "should I become a corporate finance analyst?" You might find this info to be helpful. When compared to other jobs, corporate finance analyst careers are projected to have a growth rate described as "as fast as average" at 6% from 2018 through 2028. This is in accordance with the Bureau of Labor Statistics. What's more, is that the projected number of opportunities that are predicted to become available for a corporate finance analyst by 2028 is 20,300.

On average, the corporate finance analyst annual salary is $66,877 per year, which translates to $32.15 an hour. Generally speaking, corporate finance analysts earn anywhere from $46,000 to $96,000 a year, which means that the top-earning corporate finance analysts make $50,000 more than the ones at the lower end of the spectrum.

Once you've become a corporate finance analyst, you may be curious about what other opportunities are out there. Careers aren't one size fits all. For that reason, we discovered some other jobs that you may find appealing. Some jobs you might find interesting include an analyst, equity analyst, staff analyst, and risk analyst.

Corporate Finance Analyst Jobs You Might Like

Corporate Finance Analyst Resume Examples

Corporate Finance Analyst Skills and Personality Traits

We calculated that 18% of Corporate Finance Analysts are proficient in Financial Statements, Financial Models, and Private Equity. They’re also known for soft skills such as Analytical skills, Communication skills, and Computer skills.

We break down the percentage of Corporate Finance Analysts that have these skills listed on their resume here:

  • Financial Statements, 18%

    Facilitated all divisional financial data input requirements to the corporate database for preparation of monthly consolidated financial statements and summary reports.

  • Financial Models, 7%

    Performed extensive financial modeling, cash flow and capital budgeting analysis to determine organization's financial position.

  • Private Equity, 5%

    Owned by Apollo Global Management, Private Equity Portfolio Company

  • Special Projects, 4%

    Participate in special projects around process improvements and automation through the leveraging of technology.

  • Balance Sheet, 4%

    Streamlined monthly operating performance consolidation and analysis reports including profit and loss, balance sheet and cash flow information.

  • Due Diligence, 4%

    Analyzed business information, agreements and other documents relating to buy-side and sell-side due diligence for larger merger and acquisition transactions.

Most corporate finance analysts list "financial statements," "financial models," and "private equity" as skills on their resumes. We go into more details on the most important corporate finance analyst responsibilities here:

  • Analytical skills can be considered to be the most important personality trait for a corporate finance analyst to have. According to a corporate finance analyst resume, "financial analysts must process a range of information in finding profitable investments." Corporate finance analysts are able to use analytical skills in the following example we gathered from a resume: "evaluated and integrated consolidated financial reports from foreign entities to ensure integrity and accuracy of data and compliance with gaap. "
  • Another trait important for fulfilling corporate finance analyst duties is communication skills. According to a corporate finance analyst resume, "financial analysts must explain their recommendations to clients in clear language that clients can easily understand." Here's an example of how corporate finance analysts are able to utilize communication skills: "improved communications between the manufacturing facilities, engineering, purchasing, regulatory compliance and finance departments. "
  • Another skill that is quite popular among corporate finance analysts is computer skills. This skill is very critical to fulfilling every day responsibilities as is shown in this example from a corporate finance analyst resume: "financial analysts must be adept at using software packages to analyze financial data, see trends, create portfolios, and make forecasts." This example from a resume shows how this skill is used: "assisted in implementation of computer associates erp software. "
  • A corporate finance analyst responsibilities sometimes require "detail oriented." The responsibilities that rely on this skills are shown by this resume excerpt: "financial analysts must pay attention to details when reviewing possible investments, as small issues may have large implications for the health of an investment." This resume example shows how this skill is used by corporate finance analysts: "prepared monthly p&l; commentary detailing actual results and variances to plan and prior year. "
  • Another common skill for a corporate finance analyst to be able to utilize is "math skills." Financial analysts use mathematical skills when estimating the value of financial securities. A corporate finance analyst demonstrated the need for this skill by putting this on their resume: "provided analytical and quantitative support for various business units. "
  • See the full list of corporate finance analyst skills.

    Before becoming a corporate finance analyst, 75.7% earned their bachelor's degree. When it comes down to graduating with a master's degree, 17.2% corporate finance analysts went for the extra education. If you're wanting to pursue this career, it may be impossible to be successful with a high school degree. In fact, most corporate finance analysts have a college degree. But about one out of every nine corporate finance analysts didn't attend college at all.

    Those corporate finance analysts who do attend college, typically earn either business degrees or finance degrees. Less commonly earned degrees for corporate finance analysts include accounting degrees or economics degrees.

    When you're ready to become a corporate finance analyst, you might wonder which companies hire corporate finance analysts. According to our research through corporate finance analyst resumes, corporate finance analysts are mostly hired by Northwell Health, The Bank of New York Mellon, and Amazon.com. Now is a good time to apply as Northwell Health has 10 corporate finance analysts job openings, and there are 7 at The Bank of New York Mellon and 5 at Amazon.com.

    If you're interested in companies where corporate finance analysts make the most money, you'll want to apply for positions at Apple, Oracle, and AmerisourceBergen. We found that at Apple, the average corporate finance analyst salary is $106,441. Whereas at Oracle, corporate finance analysts earn roughly $104,449. And at AmerisourceBergen, they make an average salary of $101,683.

    View more details on corporate finance analyst salaries across the United States.

    We also looked into companies who hire corporate finance analysts from the top 100 educational institutions in the U.S. The top three companies that hire the most from these institutions include IBM, Lockheed Martin, and JPMorgan Chase.

    For the most part, corporate finance analysts make their living in the finance and manufacturing industries. Corporate finance analysts tend to make the most in the manufacturing industry with an average salary of $65,777. The corporate finance analyst annual salary in the finance and health care industries generally make $62,924 and $50,513 respectively. Additionally, corporate finance analysts who work in the manufacturing industry make 33.8% more than corporate finance analysts in the insurance Industry.

    The three companies that hire the most prestigious corporate finance analysts are:

      What Analysts Do

      Analysts are employees or individual contributors with a vast experience in a particular field that help the organization address challenges. They help the organization improve processes, policies, and other operations protocol by studying the current processes in place and determining the effectiveness of those processes. They also research industry trends and data to make sound inferences and recommendations on what the company should do to improve their numbers. Analysts recommend business solutions and often help the organization roll out these solutions. They ensure that the proposed action plans are effective and produce the desired results.

      In this section, we compare the average corporate finance analyst annual salary with that of an analyst. Typically, analysts earn a $365 lower salary than corporate finance analysts earn annually.

      While their salaries may differ, one common ground between corporate finance analysts and analysts are a few of the skills required in each craft. In both careers, employees bring forth skills like financial statements, financial models, and due diligence.

      These skill sets are where the common ground ends though. A corporate finance analyst responsibility is more likely to require skills like "private equity," "special projects," "balance sheet," and "business partners." Whereas a analyst requires skills like "procedures," "customer service," "troubleshoot," and "management system." Just by understanding these different skills you can see how different these careers are.

      Analysts tend to make the most money in the technology industry by averaging a salary of $74,694. In contrast, corporate finance analysts make the biggest average salary of $65,777 in the manufacturing industry.

      Analysts tend to reach lower levels of education than corporate finance analysts. In fact, analysts are 14.0% less likely to graduate with a Master's Degree and 1.2% more likely to have a Doctoral Degree.

      What Are The Duties Of an Equity Analyst?

      An equity analyst's role is to help clients navigate through stocks and bonds using their expertise. In a company setting, their responsibilities revolve around performing extensive research and analysis on areas such as the stock market, coordinating with different departments to gather necessary data, identifying new opportunities, preparing and analyzing the company's financial records, and creating forecast models. Furthermore, as an equity analyst, it is essential to make recommendations in adherence to the company's policies and regulations, including its vision and mission.

      The next role we're going to look at is the equity analyst profession. Typically, this position earns a higher pay. In fact, they earn a $36,982 higher salary than corporate finance analysts per year.

      A similarity between the two careers of corporate finance analysts and equity analysts are a few of the skills associated with both roles. We used resumes from both professions to find that both use skills like "financial statements," "financial models," and "private equity. "

      While some skills are similar in these professions, other skills aren't so similar. For example, several resumes showed us that corporate finance analyst responsibilities requires skills like "special projects," "business partners," "data analysis," and "process improvements." But an equity analyst might use skills, such as, "investment strategies," "portfolio," "fundamental analysis," and "powerpoint."

      It's been discovered that equity analysts earn higher salaries compared to corporate finance analysts, but we wanted to find out where equity analysts earned the most pay. The answer? The hospitality industry. The average salary in the industry is $93,135. Additionally, corporate finance analysts earn the highest paychecks in the manufacturing with an average salary of $65,777.

      In general, equity analysts study at similar levels of education than corporate finance analysts. They're 4.1% more likely to obtain a Master's Degree while being 1.2% more likely to earn a Doctoral Degree.

      How a Staff Analyst Compares

      Staff Analysts are employees who oversee the activities related to the employees. They monitor the performance of the employees and assess whether particular employees suit the role they have. They also assess the current roles in the company to see if those roles are really needed. Staff Analysts ensure that the manpower allocation in the company is efficient. They analyze staff-related data to check whether there are more areas for improvement. Staff Analysts may also be assigned to come up with projects related to improving productivity.

      Let's now take a look at the staff analyst profession. On average, these workers make higher salaries than corporate finance analysts with a $22,014 difference per year.

      By looking over several corporate finance analysts and staff analysts resumes, we found that both roles utilize similar skills, such as "financial statements," "special projects," and "data analysis." But beyond that the careers look very different.

      There are many key differences between these two careers as shown by resumes from each profession. Some of those differences include the skills required to complete responsibilities within each role. As an example of this, a corporate finance analyst is likely to be skilled in "financial models," "private equity," "balance sheet," and "due diligence," while a typical staff analyst is skilled in "project management," "procedures," "technical support," and "windows."

      Staff analysts typically study at lower levels compared with corporate finance analysts. For example, they're 8.5% less likely to graduate with a Master's Degree, and 1.8% less likely to earn a Doctoral Degree.

      Description Of a Risk Analyst

      As a risk analyst, you will oversee the identification, assessment, and monitoring of risks that your company has been exposed to. You will evaluate financial documents, potential clients, and economic conditions to determine the level of risk in business decisions. You will be responsible for aggregating data from several sources to develop a comprehensive assessment and create reports, processes, and presentations to better present results. You are also expected to work closely with other team members to analyze and show data effectively.

      The fourth career we look at typically earns higher pay than corporate finance analysts. On average, risk analysts earn a difference of $8,323 higher per year.

      While their salaries may vary, corporate finance analysts and risk analysts both use similar skills to perform their jobs. Resumes from both professions include skills like "financial statements," "financial models," and "special projects. "

      Each job requires different skills like "private equity," "balance sheet," "business partners," and "financial performance," which might show up on a corporate finance analyst resume. Whereas risk analyst might include skills like "risk management," "procedures," "risk assessments," and "regulatory agencies."

      In general, risk analysts make a higher salary in the insurance industry with an average of $77,293. The highest corporate finance analyst annual salary stems from the manufacturing industry.

      Risk analysts reach lower levels of education when compared to corporate finance analysts. The difference is that they're 6.4% more likely to earn a Master's Degree less, and 1.9% more likely to graduate with a Doctoral Degree.