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What does a finance analyst assistant do?

Updated January 8, 2025
7 min read
Quoted expert
Nate Peach Ph.D.
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Finance analyst assistant responsibilities

Here are examples of responsibilities from real finance analyst assistant resumes:

  • Develop, maintain financial models/applications (VBA Excel/Access) to automate and streamline business processes and perform financial analysis.
  • Used SQL to analyze data in multiple databases.
  • Extract and collect data from Bloomberg and other economical software.
  • Serve as a knowledge resource particularly for SAS, SQL, Informix and the data warehouse.
  • Develop and edit visual presentations utilizing Microsoft PowerPoint.
  • Research and analyze investment funds using Bloomberg analytics.
  • Collaborate with random levels of management and field representatives to gather feedback and share actual statistics via PowerPoint presentations.
  • Standardize and automate the review and analysis of all inter-company transaction not directly link in legacy ERP and accounting system.
  • Subject matter expert on sun setting GL/Budget/Reporting system while concurrently participating in the design and implementation of custom forecasting ERP tool.
  • Verified/Research patient Medicare and Medicaid eligibility.
  • Help GIS data input and quality control.
  • Serve as chief privacy analyst and first point of contact for HIPAA privacy and security compliance program.
  • Verified/Research patient Medicare and Medicaid eligibility.

Finance analyst assistant skills and personality traits

We calculated that 28% of Finance Analyst Assistants are proficient in Financial Statements, Data Analysis, and Financial Analysis. They’re also known for soft skills such as Computer skills, Math skills, and Detail oriented.

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

  • Financial Statements, 28%

    Develop and maintain a working familiarity with applicable laws, regulations and interpretations governing financial statements and disclosure.

  • Data Analysis, 5%

    Analyzed the data using regression analysis and cluster analysis by data analysis plus in Microsoft Excel add-ins and SPSS.

  • Financial Analysis, 5%

    Provided strategic planning and financial analysis for major capital expansion program representing 40X increase in annual capital expenditure budget.

  • Purchase Orders, 5%

    Reviewed and organized financial data such as patent and purchase orders for accuracy and completeness.

  • Payroll, 4%

    Anticipated and identified potential human resources and payroll problems to minimize the financial and operational impact to the department.

  • Financial Reports, 3%

    Prepare monthly financial reports including monthly reconciliation of collection reports, creating footnotes and memos describing discrepancies or anomalies.

"financial statements," "data analysis," and "financial analysis" are among the most common skills that finance analyst assistants use at work. You can find even more finance analyst assistant responsibilities below, including:

Computer skills. To carry out their duties, the most important skill for a finance analyst assistant to have is computer skills. Their role and responsibilities require that "financial analysts must be adept at using software to analyze financial data and trends, create portfolios, and make forecasts." Finance analyst assistants often use computer skills in their day-to-day job, as shown by this real resume: "create purchase orders and tracking orders communicate with sales representatives utilize as 400 computer software pull reports"

Math skills. Another soft skill that's essential for fulfilling finance analyst assistant duties is math skills. The role rewards competence in this skill because "financial analysts use mathematics to estimate the value of financial securities." According to a finance analyst assistant resume, here's how finance analyst assistants can utilize math skills in their job responsibilities: "support of project teams in collection of quantitative/qualitative statistics and perform basic financial analysis. "

Detail oriented. This is an important skill for finance analyst assistants to perform their duties. For an example of how finance analyst assistant responsibilities depend on this skill, consider that "financial analysts must pay attention when reviewing a possible investment, as even small issues may have large implications for its health." This excerpt from a resume also shows how vital it is to everyday roles and responsibilities of a finance analyst assistant: "gathered activity information to prepare detailed monthly financial analysis. ".

Analytical skills. A big part of what finance analyst assistants do relies on "analytical skills." You can see how essential it is to finance analyst assistant responsibilities because "financial analysts must evaluate a range of information in finding profitable investments." Here's an example of how this skill is used from a resume that represents typical finance analyst assistant tasks: "assisted senior financial analyst in preparing and reporting statistics and analysis for monthly internal financial reports given to all partners. "

Communication skills. Another common skill required for finance analyst assistant responsibilities is "communication skills." This skill comes up in the duties of finance analyst assistants all the time, as "financial analysts must be able to clearly explain their recommendations to clients." An excerpt from a real finance analyst assistant resume shows how this skill is central to what a finance analyst assistant does: "provided service level monitoring, reporting and communication responses to customer service. "

Most common finance analyst assistant skills

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Finance Analyst Assistant Resume
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Finance Analyst Assistant Resume
Finance Analyst Assistant Resume
Finance Analyst Assistant Resume
Finance Analyst Assistant Resume
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Finance Analyst Assistant Resume
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Finance Analyst Assistant Resume
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Finance Analyst Assistant Resume
Finance Analyst Assistant Resume

Compare different finance analyst assistants

Finance analyst assistant vs. Analyst

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.

We looked at the average finance analyst assistant salary and compared it with the wages of an analyst. Generally speaking, analysts are paid $4,848 higher than finance analyst assistants per year.While their salaries may differ, the common ground between finance analyst assistants and analysts are a few of the skills required in each roleacirc;euro;trade;s responsibilities. In both careers, employee duties involve skills like financial statements, data analysis, and financial analysis.

While similarities exist, there are also some differences between finance analyst assistants and analyst. For instance, finance analyst assistant responsibilities require skills such as "purchase orders," "applied behavior analysis," "payroll," and "powerpoint." Whereas a analyst is skilled in "troubleshoot," "management system," "project management," and "strong analytical." This is part of what separates the two careers.

Analysts really shine in the technology industry with an average salary of $79,330. Comparatively, finance analyst assistants tend to make the most money in the finance industry with an average salary of $89,658.On average, analysts reach similar levels of education than finance analyst assistants. Analysts are 1.7% more likely to earn a Master's Degree and 0.8% more likely to graduate with a Doctoral Degree.

Finance analyst assistant vs. Treasury analyst

A treasury analyst is an individual 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.

On average, treasury analysts earn a $4,508 higher salary than finance analyst assistants a year.While the salary may differ for these jobs, they share a few skills needed to perform their duties. Based on resume data, both finance analyst assistants and treasury analysts have skills such as "financial statements," "financial analysis," and "financial reports. "

Each career also uses different skills, according to real finance analyst assistant resumes. While finance analyst assistant responsibilities can utilize skills like "data analysis," "purchase orders," "applied behavior analysis," and "payroll," treasury analysts use skills like "treasury," "cash management," "ach," and "treasury operations."

Treasury analysts may earn a higher salary than finance analyst assistants, but treasury analysts earn the most pay in the automotive industry with an average salary of $87,077. On the other hand, finance analyst assistants receive higher pay in the finance industry, where they earn an average salary of $89,658.treasury analysts earn similar levels of education than finance analyst assistants in general. They're 4.0% more likely to graduate with a Master's Degree and 0.8% more likely to earn a Doctoral Degree.

What technology do you think will become more important and prevalent for finance analyst assistants in the next 3-5 years?

Nate Peach Ph.D.

Associate Professor of Economics, George Fox University

I'm not sure about one specific technology, but I think some general skills will become more valuable. Specifically, being familiar with necessary coding, analyzing data, and making sense of economy broad trends will continue to be highly prized in the labor market. Economists are well-suited to help organizations attempting to get up to speed on their use of data.

Finance analyst assistant vs. 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.

An average account analyst eans a lower salary compared to the average salary of finance analyst assistants. The difference in salaries amounts to account analysts earning a $12,330 lower average salary than finance analyst assistants.Using the responsibilities included on finance analyst assistants and account analysts resumes, we found that both professions have similar skill requirements, such as "financial statements," "data analysis," and "financial analysis.rdquo;

Some important key differences between the two careers include a few of the skills necessary to fulfill the responsibilities of each. Some examples from finance analyst assistant resumes include skills like "applied behavior analysis," "technical assistance," "community resources," and "state regulations," whereas an account analyst is more likely to list skills in "patients," "reconciliations," "patient accounts," and "process improvement. "

Account analysts earn the best pay in the finance industry, where they command an average salary of $71,221. Finance analyst assistants earn the highest pay from the finance industry, with an average salary of $89,658.Most account analysts achieve a similar degree level compared to finance analyst assistants. For example, they're 2.1% less likely to graduate with a Master's Degree, and 0.1% less likely to earn a Doctoral Degree.

Finance analyst assistant vs. Finance officer

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.

Finance officers tend to earn a higher pay than finance analyst assistants by an average of $663 per year.While their salaries may vary, finance analyst assistants and finance officers both use similar skills to perform their duties. Resumes from both professions include skills like "financial analysis," "financial reports," and "powerpoint. "Each job also requires different skills to carry out their responsibilities. A finance analyst assistant uses "financial statements," "data analysis," "purchase orders," and "applied behavior analysis." Finance officers are more likely to have duties that require skills in "real estate," "origination," "financial procedures," and "financial management. "finance officers reach higher levels of education compared to finance analyst assistants, in general. The difference is that they're 5.2% more likely to earn a Master's Degree, and 0.1% more likely to graduate with a Doctoral Degree.

Types of finance analyst assistant

Updated January 8, 2025

Zippia Research Team
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.

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