In a company setting, a finance analyst/accountant is in charge of handling and monitoring financial activities, ensuring efficiency and accuracy. Their responsibilities revolve around preparing financial reports, performing audits and risk assessments, and identifying any errors and inconsistencies, resolving them promptly and efficiently. They also conduct research and analysis to identify new business opportunities, evaluate the existing procedures to determine its strengths and weaknesses, and recommend solutions to optimize operations for financial growth. Furthermore, as a finance analyst/accountant, it is essential to uphold the company's policies and regulations, including its vision and mission.

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Finance Analyst/Accountant Responsibilities

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

  • Manage the full cycle finance duties including A/P, A/R, G/L and fixed-asset accounting in accordance with GAAP standards.
  • Manage all monthly accruals for outsides consultant/service providers.
  • Develop transfer prices and manage manufacturing inventory in an ERP system.
  • Utilize accounting principles to manage quarterly regulatory settlement accruals and reporting requirements.
  • Develop, maintain financial models/applications (VBA Excel/Access) to automate and streamline business processes and perform financial analysis.
  • Implement process improvement initiatives for the payroll cash account that facilitate early recognition of unrecord payroll expenses.
  • Perform diverse accounting functions, including preparing and reviewing general ledger entries, account reconciliations and standalone financial statements.
  • Implement the treasury department function from MeadWestvaco to NewPage upon sale of the division.
  • Ensure no SOX material weakness or significant deficiency regarding the control associate with the BS reviews and closing process.
  • Supervise ERP system cost module implementation.
  • Maintain procedural documentation for Sarbanes-Oxley compliance initiatives and assist in monthly forecasts.
  • Generate and enter monthly payroll entries and analyze and enter monthly accrue expenses.
  • Assist in preparing audit request reports and compiling necessary documentation to support SOX requirements
  • Design and document internal control procedures for testing in accordance to Sarbanes-Oxley requirements.
  • Evaluate and report international financial statements to coincide with GAAP principles and the collaboration of the consolidation reporting.

Finance Analyst/Accountant Job Description

Perhaps the hardest question to answer when deciding on a career as a finance analyst/accountant is "should I become a finance analyst/accountant?" You might find this info to be helpful. When compared to other jobs, finance analyst/accountant 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 finance analyst/accountant by 2028 is 90,700.

On average, the finance analyst/accountant annual salary is $62,975 per year, which translates to $30.28 an hour. Generally speaking, finance analyst/accountants earn anywhere from $47,000 to $84,000 a year, which means that the top-earning finance analyst/accountants make $29,000 more than the ones at the lower end of the spectrum.

Once you've become a finance analyst/accountant, 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 a treasury analyst, account analyst, finance officer, and accounting analyst.

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5 Finance Analyst/Accountant Resume Examples

Finance Analyst/Accountant Skills and Personality Traits

We calculated that 9% of Finance Analyst/Accountants are proficient in Reconciliations, Financial Analysis, and General Ledger Accounts. They’re also known for soft skills such as Computer skills, Analytical skills, and Communication skills.

We break down the percentage of Finance Analyst/Accountants that have these skills listed on their resume here:

  • Reconciliations, 9%

    Performed all accounting for equipment wholesale company including preparation of financial statements, monthly account analysis, and general ledger reconciliations.

  • Financial Analysis, 8%

    Directed and performed financial analysis and reporting activities that supported short-term and long-range strategic plans and operating budgets.

  • General Ledger Accounts, 4%

    Prepared/uploaded Cost Transfer and Journal Entries into the PeopleSoft Financial System; reconciled general ledger accounts for federal financial reports.

  • Payroll, 4%

    Implemented process improvement initiatives for the payroll cash account that facilitated early recognition of unrecorded payroll expenses.

  • External Auditors, 4%

    Worked directly with internal and external auditors during tests of controls and substantive testing, promptly providing any information requested.

  • GAAP, 4%

    Evaluated and reported international financial statements to coincide with GAAP principles and the collaboration of the consolidation reporting.

Choose From 10+ Customizable Finance Analyst/Accountant Resume templates

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Finance Analyst/Accountant Resume
Finance Analyst/Accountant Resume
Finance Analyst/Accountant Resume
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Finance Analyst/Accountant Resume
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Finance Analyst/Accountant Resume
Finance Analyst/Accountant Resume
Finance Analyst/Accountant Resume
Finance Analyst/Accountant Resume
Finance Analyst/Accountant Resume
Finance Analyst/Accountant Resume
Finance Analyst/Accountant Resume
Finance Analyst/Accountant Resume
Finance Analyst/Accountant Resume

Most finance analyst/accountants list "reconciliations," "financial analysis," and "general ledger accounts" as skills on their resumes. We go into more details on the most important finance analyst/accountant responsibilities here:

  • Another commonly found skill for being able to perform finance analyst/accountant duties is the following: analytical skills. According to a finance analyst/accountant resume, "accountants and auditors must be able to identify issues in documentation and suggest solutions." Check out this example of how finance analyst/accountants use analytical skills: "performed daily material margin monitoring periodic conducted daily data extracts from the site erp system fourth shift. "
  • Communication skills is also an important skill for finance analyst/accountants to have. This example of how finance analyst/accountants use this skill comes from a finance analyst/accountant resume, "accountants and auditors must be able to listen carefully to facts and concerns from clients, managers, and others" Read this excerpt from a resume to understand how vital it is to their everyday roles and responsibilities, "calculated payroll and sales taxes - weekly, monthly, quarterly and yearly per telecommunication and hospitality corporations. "
  • In order for certain finance analyst/accountant responsibilities to be completed, the job requires the skill "detail oriented." According to a finance analyst/accountant resume, "accountants and auditors must pay attention to detail when compiling and examining documentation." As an example, this snippet was taken directly from a resume about how this skill applies: "created and provided detailed reports pertaining to inventory management, sales performance, and daily bank reconciliations. "
  • Another common skill for a finance analyst/accountant to be able to utilize is "math skills." Accountants and auditors must be able to analyze, compare, and interpret facts and figures, although complex math skills are not necessary. A finance analyst/accountant demonstrated the need for this skill by putting this on their resume: "prepared monthly fund statistics and conducted financial analysis. "
  • Another skill commonly found on finance analyst/accountant resumes is "organizational skills." This description of the skill was found on several finance analyst/accountant resumes: "strong organizational skills are important for accountants and auditors, who often work with a range of financial documents for a variety of clients." Here's an example from a resume of how this skill could fit into the day-to-day finance analyst/accountant responsibilities: "work with other members of financial management division or other work units on joint projects to ensure divisional and organizational success. "
  • See the full list of finance analyst/accountant skills.

    After discovering the most helpful skills, we moved onto what kind of education might be helpful in becoming a finance analyst/accountant. We found that 75.4% of finance analyst/accountants have graduated with a bachelor's degree and 14.4% of people in this position have earned their master's degrees. While most finance analyst/accountants have a college degree, you may find it's also true that generally it's possible to be successful in this career with only a high school degree. In fact, our research shows that one out of every nine finance analyst/accountants were not college graduates.

    Those finance analyst/accountants who do attend college, typically earn either a accounting degree or a business degree. Less commonly earned degrees for finance analyst/accountants include a finance degree or a economics degree.

    When you're ready to become a finance analyst/accountant, you might wonder which companies hire finance analyst/accountants. According to our research through finance analyst/accountant resumes, finance analyst/accountants are mostly hired by Medpace, Ryko Solutions, Inc, and Nucor. Now is a good time to apply as Medpace has 15 finance analyst/accountants job openings, and there are 4 at Ryko Solutions, Inc and 3 at Nucor.

    Since salary is important to some finance analyst/accountants, it's good to note that they are figured to earn the highest salaries at Citi, International Shipping Limited, and Nucor. If you were to take a closer look at Citi, you'd find that the average finance analyst/accountant salary is $87,513. Then at International Shipping Limited, finance analyst/accountants receive an average salary of $80,403, while the salary at Nucor is $79,583.

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

    Some other companies you might be interested in as a finance analyst/accountant include IBM, Deloitte, and Ernst & Young. These three companies were found to hire the most finance analyst/accountants from the top 100 U.S. educational institutions.

    The three companies that hire the most prestigious finance analyst/accountants are:

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    What Treasury Analysts Do

    A treasury analyst is a professional who manages and analyses the financial activities of an organization that can include cash flows, liability obligations, and assets. Treasury analysts are required to execute the daily cash management of the organization such as cash forecasting, investing of excess cash, and running a hedging program in interest rates. They must present monthly reports and daily briefings on cash flows to senior management and provide advice on the financial operations of the movement of cash. Treasury analysts also update treasury policies and procedures for the organization to comply.

    We looked at the average finance analyst/accountant annual salary and compared it with the average of a treasury analyst. Generally speaking, treasury analysts receive $9,692 higher pay than finance analyst/accountants per year.

    Even though finance analyst/accountants and treasury analysts have vast differences in their careers, a few of the skills required to do both jobs are similar. For example, both careers require reconciliations, financial analysis, and general ledger accounts in the day-to-day roles.

    These skill sets are where the common ground ends though. A finance analyst/accountant responsibility is more likely to require skills like "payroll," "balance sheet accounts," "cpa," and "financial data." Whereas a treasury analyst requires skills like "treasury," "cash management," "treasury operations," and "financial statements." Just by understanding these different skills you can see how different these careers are.

    Treasury analysts really shine in the automotive industry with an average salary of $87,077. Whereas finance analyst/accountants tend to make the most money in the finance industry with an average salary of $78,897.

    On average, treasury analysts reach similar levels of education than finance analyst/accountants. Treasury analysts are 0.4% more likely to earn a Master's Degree and 0.4% more likely to graduate with a Doctoral Degree.

    What Are The Duties Of an Account Analyst?

    Account analysts are responsible for analyzing account statements and financial transactions of an organization, resolving billing discrepancies, and managing account receivables. They assess the company's financial stability and identify opportunities to improve data analysis techniques by adhering to accounting principles and the company's operational protocols. Account analysts prepare financial reports, evaluate accounts payable, assist in tax audits, and release invoices. They should have excellent analytical and communication skills, especially on posting accurate account reports on the database.

    The next role we're going to look at is the account analyst profession. Typically, this position earns a lower pay. In fact, they earn a $7,146 lower salary than finance analyst/accountants per year.

    Not everything about these jobs is different. Take their skills, for example. Finance analyst/accountants and account analysts both include similar skills like "reconciliations," "financial analysis," and "general ledger accounts" on their resumes.

    In addition to the difference in salary, there are some other key differences that are worth noting. For example, finance analyst/accountant responsibilities are more likely to require skills like "balance sheet accounts," "cpa," "accruals," and "strong analytical." Meanwhile, a account analyst might be skilled in areas such as "customer service," "patients," "financial statements," and "powerpoint." These differences highlight just how different the day-to-day in each role looks.

    It's been discovered that account analysts earn lower salaries compared to finance analyst/accountants, but we wanted to find out where account analysts earned the most pay. The answer? The finance industry. The average salary in the industry is $71,221. Additionally, finance analyst/accountants earn the highest paychecks in the finance with an average salary of $78,897.

    In general, account analysts study at lower levels of education than finance analyst/accountants. They're 5.7% less likely to obtain a Master's Degree while being 0.4% more likely to earn a Doctoral Degree.

    How a Finance Officer Compares

    A finance officer is responsible for monitoring the financial department and the transactions of an organization. Finance officers analyze financial reports, update account statements, and oversee the budget allocation for business operations. They also resolve billing discrepancies and banking issues, assist in cash statement release, and manage payroll disputes. A finance officer conducts data and statistical analysis to evaluate the company's financial performance and stability and identifying opportunities to increase revenues and grow more profits.

    The third profession we take a look at is finance officer. On an average scale, these workers bring in higher salaries than finance analyst/accountants. In fact, they make a $5,847 higher salary per year.

    Using finance analyst/accountants and finance officers resumes, we found that both professions have similar skills such as "financial analysis," "general ledger accounts," and "external auditors," but the other skills required are 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 finance analyst/accountant is likely to be skilled in "reconciliations," "payroll," "account reconciliations," and "balance sheet accounts," while a typical finance officer is skilled in "real estate," "origination," "financial procedures," and "financial management."

    Finance officers are known to earn similar educational levels when compared to finance analyst/accountants. Additionally, they're 1.7% more likely to graduate with a Master's Degree, and 0.5% more likely to earn a Doctoral Degree.

    Description Of an Accounting Analyst

    An accounting analyst is responsible for supporting the accounting operations of an organization, analyzing financial transactions and financial statements, and resolving account discrepancies. Accounting analysts interpret financial data by consolidating account transactions, performing account reconciliation, and managing account receivables. They also assist in preparing and releasing invoices, issuing billing statements, and creating comprehensive financial reports on the company's budget and expenses. An accounting analyst must have excellent knowledge of the accounting principles and disciplines, as well as extensive analytical and communication skills to perform duties and meet deadlines under minimal supervision.

    Accounting analysts tend to earn a lower pay than finance analyst/accountants by about $4,576 per year.

    While both finance analyst/accountants and accounting analysts complete day-to-day tasks using similar skills like reconciliations, financial analysis, and general ledger accounts, the two careers also vary in other skills.

    Even though a few skill sets overlap, there are some differences that are important to note. For one, a finance analyst/accountant might have more use for skills like "cpa," "income statement," "financial models," and "data analysis." Meanwhile, some accounting analysts might include skills like "customer service," "work ethic," "excellent interpersonal," and "hyperion" on their resume.

    Now, let's take a closer look at the financials in each career. The finance industry tends to pay more for accounting analysts with an average of $66,550. While the highest finance analyst/accountant annual salary comes from the finance industry.

    Accounting analysts reach similar levels of education when compared to finance analyst/accountants. The difference is that they're 3.2% more likely to earn a Master's Degree less, and 0.1% more likely to graduate with a Doctoral Degree.