Corporate Financial Analysts: 3 Keys to Success

Large companies and enterprises depend on sharp financial analysts to keep them on solid fiscal footing. In fact, this is one of the major reasons the demand for these talented financial professionals remains high. Working in this area provides a chance for a lucrative career with a copious supply of compelling job opportunities.

If a career as a corporate financial analyst intrigues you, check out these tips on becoming successful. It’s advice that helps you build the skills and experience that keep companies knocking on your door. When forging a rewarding career in finance, a position as a CFO might lie right around the corner!

Understanding The Role of a Corporate Financial Analyst

Of course, finding success as a financial analyst requires a deep understanding of what the position entails. Skills in data analysis come to the fore in this role. You typically mine through the financial data of your employer, looking for critical actionable information. This task includes perusing financial statements, including expenses, taxes, and revenue. Your goal involves ultimately finding the profit centers for the company.

Financial projections remain a key deliverable, helping the company plan its growth over both the short-term and long-term. This predictive element remains a key differentiator between financial analysts and other similar professionals, like accountants. The latter role mostly analyzes the past as opposed to predicting the future.

Get The Necessary Education to Build a Career in Financial Analysis

Becoming a successful financial analyst requires education beyond simply being an Excel wizard, even if you understand pivot tables. Companies look for candidates with at least a bachelor’s degree in accounting, finance, math, or related disciplines. If you already have a degree in another field, consider earning an MBA.

Beyond a relevant degree, research internships or take a few post-graduate courses in the field. In a similar manner as technology, earning a few financial certifications might serve to attract interested companies.

Building Your Financial Analyst Career

Like any other field, becoming a successful financial analyst requires a focused effort throughout your career. Finding a position at a larger company instead of a startup helps your professional growth. Simply stated, bigger businesses have more financial data to analyze. Search for a company known for professional development opportunities as well as a chance for advancement.

If you want to take your finance career to another level, reach out to the team at Venteon. As one of the top financial staffing companies in Michigan, we know the companies looking for talented professionals. Connect with us soon!

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