Financial Analyst
Analyse financial data to plan, forecast and report on financial matters.
Job opportunities
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Jobs on SEEK right now
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Projected job growth in 5 years
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Typical salary
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What's it like to be a Financial Analyst?
Financial Analysts are experts in financial planning and use data and analysis to plan, forecast and assess potential financial risks for a company.
Tasks and duties
- Analyse current and past financial data and performance of a company in order to prepare reports for the management team of an organisation.
- Predict future income and expenses to assist in determining budgets and provide advice about potential areas of improvement.
- Monitor financial movements of a company and broader financial markets so as to make relevant recommendations about ways to improve financial growth.
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It’s important for Financial Analysts to have strong verbal and written communication skills as they usually assist with creating and reviewing reports, budgets and forecasts within a company.Financial Analysts may work in a variety of areas including banking, mining, recruitment, technology, insurance, education or health.
How to become a Financial Analyst
- Complete a bachelor degree in finance, accounting, economics, business administration, commerce or a related field. This usually takes three years of full-time study.
- Seek an internship while studying to apply your skills under the guidance of experienced Financial Analysts.
- To improve your employability, consider undertaking a Chartered Accountant (CA) or Certified Practising Accountant (CPA) qualification. Alternatively, a postgraduate degree such as a Master of Business Administration may provide similar career benefits.
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Is Financial Analyst the right role for me?
Working hours for Financial Analysts
Overtime
Weekends
Shift work
Late nights
Often
Sometimes
Never
Job market trends for Financial Analysts
Location
Projected job growth
National increase over next 5 years
2021
2026
Source: National Skills Commission. Management and Organisation Analysts
Source: SEEK job ads and SEEK role reviews
Latest Financial Analyst reviews
Latest reviews from 50 Financial Analysts surveyed on SEEK.
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Positive
Negative
Oct 2018
Financial Analysis may not be everyone’s language, but you can be the translator that ultimately adds value the the business
Reviewer's Qualification
CPA
Experience
1 – 4 years
Organisation size
Large (200+ employees)
Specialisation
FP&A
The good things
Enjoy:
Ability to extract, analyse, interpret and present financials to non-financial colleagues and seeing them understanding the key messages really induces professional and personal satisfaction - ...
The challenges
Prioritisation, analytical and numeral skills
Read more
May 2021
Financial Analyst role is a combination of accounting and business partnering
Reviewer's Qualification
Bachelor of Commerce
Experience
1 – 4 years
Organisation size
Large (200+ employees)
Specialisation
Working closely with internal business partners
The good things
Being new to the role I’m still going though the learning curve but I greatly enjoy a variety of tasks, opportunity to learn more about the business and spending my working hours with fantastic team o...
The challenges
In order to be able to deal with conflicting deadlines you need to be well organised, be able to prioritise tasks. Previous experience of working as both Management and Financial accountant definitely...
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Source: SEEK job ads and SEEK Profile data