What does a finance analyst do?

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.

There are some key differences in the responsibilities of each position. For example, finance analyst responsibilities require skills like "financial data," "strong analytical," "customer service," and "financial performance." Meanwhile a typical treasury analyst has skills in areas such as "cash management," "ach," "treasury operations," and "financial statements." This difference in skills reveals the differences in what each career does.

Cost Analysts are employees with a strong background in finance or accounting. They are in charge of collecting financial data and analyzing the entries. They study the company's expenses and prepare pertinent reports. Cost Analysts look for inconsistencies in the financial data. This way, they can assist in auditing the company's spending. Cost Analysts also look for inefficiencies. They do so by tracking item costs and department budgets and monitoring department expenses. They are also involved in budget-setting activities.

In addition to the difference in salary, there are some other key differences worth noting. For example, finance analyst responsibilities are more likely to require skills like "financial models," "hyperion," "customer service," and "ad-hoc analysis." Meanwhile, a cost analyst has duties that require skills in areas such as "cost estimates," "dod," "project management," and "cost models." These differences highlight just how different the day-to-day in each role looks.

A control analyst is an individual who is responsible for identifying weaknesses in the work process of an organization and implement methods to minimize risks. Control analysts are required to supervise the process for incident reports and provide technical guidance to their personnel. They must prepare monthly general ledger account analysis and balance sheets reconciliations that are according to the generally accepted accounting principles (GAAP). Control analysts should also assist with the organization's ISO audit procedures and findings.

There are many key differences between these two careers, including some of the skills required to perform responsibilities within each role. For example, a finance analyst is likely to be skilled in "financial models," "hyperion," "financial performance," and "ad-hoc analysis," while a typical control analyst is skilled in "risk assessments," "internal audit," "project management," and "corrective action."

An Investment Analyst provides research and information to help traders, fund managers and stock brokers make decisions about investments. They are hired by companies, investment trusts, stock trading and brokerage firms, and insurance providers.

Even though a few skill sets overlap between finance analysts and investment analysts, there are some differences that are important to note. For one, a finance analyst might have more use for skills like "variance analysis," "hyperion," "customer service," and "ad-hoc analysis." Meanwhile, some responsibilities of investment analysts require skills like "portfolio management," "financial statements," "powerpoint," and "risk management. "