Senior Analyst Jobs

By: EconomyWatch   Date: 1 October 2009

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Senior analyst jobs require working closely with different business units of a company to provide financial analysis for various organizational tasks. This includes planning resource requirements, overhead budget development and product decision-making.

Senior Analyst Jobs: Duties and Responsibilities

Key functions of a senior analyst include:

  • Developing financial models for quantifying findings of projects.
  • Management reporting and preparing budgets and forecasts.
  • Reconciling monthly expenditure with committed spending.
  • Capital appraisal and investment analysis.
  • Conducting ad-hoc analysis to provide financial decision support.
  • Summarizing key operating and financial issues.
  • Recognizing business issues, communicating them to the upper management and proposing recommendations for resolution.
  • Assisting in the training and development of junior analysts.
  • Supporting top management in overall business management.

Senior Analyst Jobs: Minimum Requirements

The minimum educational requirement for a senior analyst’s position is a graduate degree in quantitative disciplines, such as finance, statistics and accounting. However, preference is given to candidates with globally recognized professional financial degrees, such as MBA or CFA. Nonetheless, graduates with relevant experience as a junior analyst or any other related profile can apply for senior analyst jobs. Other requirements for senior analyst jobs include:

  • The ability to create complex financial models independently.
  • Proficiency with Excel and/or other spreadsheet software.
  • Strong communication skills, written and verbal.
  • Ability to work under pressure and achieve tight deadlines.
  • Self-motivated and ability to manage multiple projects.
  • Strong accounting foundation.
  • Knowledge of taxation policies and laws.

Senior Analyst Jobs: Career Prospects

Senior analyst jobs are well-paying, with numerous bonuses and incentives, which include medical cover and life insurance. According to payscale.com, a senior analyst earns up to $82,000 annually on an average in the US. In addition, a senior analyst’s position is often considered a ‘partner-tracking’ job. This is because after completing a few successful years, senior analysts get promoted to the position of partners or vice-presidents. Moreover, a senior financial analyst qualifies for numerous other lucrative jobs, including financial consulting, insurance and commodities trading.

Senior analyst jobs typically involve working independently, spending a majority of the time in office. However, occasional visits to companies and financial experts are also part of the job description of a senior analyst.


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