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Financial Analyst

Financial Analyst

Analyse financial data to plan, forecast and report on financial matters.

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.
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.

What can I earn as a Financial Analyst?

The most common salary  for a Financial Analyst is between $100k and $120k
Source: SEEK job ads and SEEK Profile data

How to become a Financial Analyst

An undergraduate degree in accounting, business administration, economics, finance or statistics is usually required to work as a Financial Analyst. A Chartered Accountant (CA) or Certified Practising Accountant (CPA) qualification is desirable and may offer a competitive edge.
  1. Complete a bachelor degree in the field of finance. This could be a Bachelor of Accounting, a Bachelor of Business Administration or a Bachelor of Economics. These are usually three year courses and are open to anyone who is 17 years of age or older and has completed year 12 with the necessary Universities Admission Index.
  2. To further your career, consider undertaking a Chartered Accountant (CA) or Certified Practising Accountant (CPA) qualification. Alternatively, complete a Master of Financial Analysis.

Explore financial courses

View courses in accounting, finance and related fields to get started as a Financial Analyst.

Duration 3 yrs - 6.5 yrs
16 institutions offering this qualification
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Duration 3 yrs - 7 yrs
11 institutions offering this qualification
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Duration 3 yrs - 7 yrs
10 institutions offering this qualification
Choose an institution
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Source: SEEK job ads and SEEK Profile data

What skills are employers looking for?

Employers want:

  • Accounting
  • Reporting
  • Written skills
  • Forecasting
  • Certified chartered accountant

Shortlisted applicants:

  • Ms office proficiency
  • Project management
  • Strategic thinking
Source: SEEK job ads and SEEK Profile data

How do Financial Analysts rate their role?

Latest reviews from 38 Financial Analysts surveyed on SEEK

Latest reviews

4 out of 5
Reviewer's Qualification
CPA
Experience
1 – 4 years
Organisation size
Large (200+ employees)
Specialisation
Education
The good things
Lots of variety and challenge. Long term - plenty of opportunities to develop and expand my experience base.
The challenges
Sometimes govt mives slower than you’d like. Just need to alter the way you approach projects.
4 out of 5
Reviewer's Qualification
Bachelor of Accounting and Finance
Experience
1 – 4 years
Organisation size
Large (200+ employees)
Specialisation
Finance in costing
The good things
There are mixture of routine & new project & analysis work
The challenges
You have to come out a lot of your assumptions & discussion from all stakeholders
3 out of 5
Reviewer's Qualification
Master of Business Administration
Experience
10+ years
Organisation size
Large (200+ employees)
Specialisation
Financial analysis & reporting
The good things
Unravelling the mystery of numbers through a simplified interpretation of their impact and meaning especially to non financial stakeholders.
The challenges
Ability to obtain and synthesise random information to provide meanigful insights.
5 out of 5
Reviewer's Qualification
Master of Applied Finance/Master of professional accounting
Experience
5 – 9 years
Organisation size
Medium (20-199 employees)
Specialisation
Financial reporting & mngt accounting
The good things
1.Challenging 2.Diverse tasks 3.Great job market 4.Career progression 6.Easy to change jobs and even contract 7.Skills can transfer to your own business
The challenges
Overtime work during inflexible deadlines
4 out of 5
Reviewer's Qualification
Master of Business Administration
Experience
Less than a year
Organisation size
Large (200+ employees)
Specialisation
Project Controller
The good things
Work life balance is the key of good professional and personable life
The challenges
People think I can do accounting as well
4 out of 5
Reviewer's Qualification
Bachelor of Science
Experience
1 – 4 years
Organisation size
Large (200+ employees)
Specialisation
Account
The good things
The role requires decent responsibility
The challenges
There is need to sacrifice some aspect of pleasures and need to create new life work balance
4 out of 5
Reviewer's Qualification
Master of Commerce
Experience
5 – 9 years
Organisation size
Large (200+ employees)
Specialisation
Finance and Controlling
The good things
It requires attention to details, analysis skill and great communication skills as you need to communicate all business areas which is very interesting and not boring at all. This role can give you ov...
The challenges
Again, your analysis skill and attention to details can be tested. At the same time, you need to work on tight timeline. Having great level of time management skill and organization skill are not alwa...
4 out of 5
Reviewer's Qualification
Master of Accounting
Experience
1 – 4 years
Organisation size
Large (200+ employees)
Specialisation
Costing, budgeting
The good things
Interesting and challenging
The challenges
Meet deadlines, present the reports in a certain way that meet everyone S needs.
4 out of 5
Reviewer's Qualification
Bachelor of Commerce (Accounting)
Experience
1 – 4 years
Organisation size
Large (200+ employees)
Specialisation
Strategic
The good things
Challenging role which allow to contribute towards to corporate strategy and partnering with senior executive. Analyse financial performance, forward looking, business improvement, and consulting se...
The challenges
Complex analysis often drain up your brain. Technology upskill is always required in this role like business intelligence tools such as Qlikview and Hyperion IR. You will require to extract informatio...
4 out of 5
Reviewer's Qualification
Bachelor of Business
Experience
5 – 9 years
Organisation size
Large (200+ employees)
Specialisation
Sales analysts
The good things
It’s an interesting company and the people are helpful.
The challenges
Systems are a challenge and the lack of processes
Source: SEEK Role Reviews

What are the job opportunities for Financial Analysts?

Find out how the job market is trending

Job opportunities

Financial Analyst jobs on SEEK
Source: SEEK

Projected job growth

National increase over next 5 years
10.3%
2018
2023
Source: LMIP. Management and Organisation Analysts
Latest Financial Analyst jobs on SEEK
Hays Accountancy & Finance
Sydney > CBD, Inner West & Eastern Suburbs
An 8 Month contract for a Financial Analyst within a Large government organisation
Company logo
Kelly Government Solutions
Sydney > CBD, Inner West & Eastern Suburbs
Kelly Services is seeking to engage with an experienced Financial Analyst for one of our government clients based in Sydney CBD.
Hays Talent Solutions
Brisbane > CBD & Inner Suburbs
This opportunity will suit a professional who is able to work independently, demonstrate high initiative and strong interpersonal skills.
people2people
Brisbane
newly created role with a fast growing global business
Source: SEEK job ads and SEEK Profile data

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