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What Is a Financial Analyst and How to Become One

What Is a Financial Analyst and How to Become One Image

What Is Financial Analyst Job?

Financial analysts provide professional advice to individuals and businesses on their investment decisions. To offer appropriate guidance, financial analysts keep a close eye on and assess the performance of stocks, bonds, and other types of investments.

What Is a Financial Analyst Job Description?

Financial analysts provide guidance to clients about their investments. They evaluate the market and stock performance, considering present and previous economic data. Then they create forecasts and reports to make suggestions to clients. To work in this profession, you must have strong interpersonal skills, an analytical mind, and demonstrated experience in financial planning and investments.

What Do Investment Analyst's Daily Job Duties?

Financial analysts can be referred to as many different names, including securities analyst, research analyst, equity analyst, rating analyst, and investment analyst. An investment or financial analyst’s daily responsibilities mainly consist of digging into data to develop investment strategies. After collecting financial information, they create reports to present to clients about investment suggestions.

How Many Hours Do Financial Analysts Work Per Week?

On average, financial analysts work over forty hours per week, with most working somewhere between fifty and seventy hours. Many who are just getting started in the field must dedicate additional time to studying for their professional and licensing exams.

Top 10 Skills Needed for Financial Analysts

Do your skills line up with what hiring managers are looking for when they are reviewing resumes for a Financial Analyst position? ZipRecruiter scanned over 9,000,000 job postings and created a list of the most commonly required abilities for Financial Analysts below.

Based on our assessment, mastering the skills below and listing them on your resume is critical in getting your Financial Analyst job application to the top of the stack.

  1. Financial Analyst Experience
  2. Budget Management
  3. Microsoft Excel
  4. Communication Skills
  5. Financial Reporting
  6. Financial Modeling
  7. Financial Planning
  8. Reconciling
  9. Certified Public Accountant
  10. Financial Statements

Financial Analyst Job Description Sample

With this Financial Analyst job description sample, you can get a good idea of what employers are looking for when hiring for this position. Remember though, every employer is different and each will have unique qualifications when they hire for their Financial Analyst position.


We are looking for an experienced Financial Analyst who will bring energy and expertise to our operations. In this role, you will collaborate with our accounting team to develop company strategies on costs, profit projections, and investments. Your primary responsibilities will be to gather and analyze company data, forecast revenues, expenditures, and profit margins, and create reports for upper management that describe your findings. You may also be required to present your report to board members and stakeholders.

Duties and Responsibilities

  • Gather relevant data for each project goal
  • Study and analyze financial data for financial performance and trends
  • Evaluate current capital expenditures and depreciation
  • Explore potential investment opportunities
  • Coordinate with other members of the finance team to review financial information
  • Prepare reports and projections based on this analysis to provide financial models and forecasts

Requirements and Qualifications

  • Bachelor's degree in finance, accounting, business, or a related field; a Master's of Business Administration (MBA) a plus
  • 2+ years of experience in financial forecasting, reporting, and analysis
  • Expert-level analytical and financial modeling skills
  • Knowledge of ERP systems and related technologies.
  • Excellent time management and organizational skills
  • Experience with Crystal reports a plus