What is a Senior Finance Analyst doing? Job description and responsibilities
What does a Senior Finance Analyst do?
The Senior Finance Analyst is a highly organized, detail-oriented individual responsible for providing financial analysis, strategic planning, and decision support to the organization. They will be responsible for financial planning, budgeting, forecasting, and modeling financial performance. Additionally, they will provide insightful analysis to drive and support the organization's financial decisions. The Senior Finance Analyst will work closely with internal teams, providing expertise and guidance to ensure sound financial decisions are made. This position requires excellent problem-solving and analytical skills, as well as strong interpersonal and communication skills.
Responsibilities of Senior Finance Analyst
1. Develop and maintain financial models for forecasting, budgeting, and analysis.
2. Develop and maintain financial reports and analysis of financial performance.
3. Analyze trends, costs, revenues, financial commitments, and obligations incurred to predict future revenues and expenses.
4. Monitor financial performance and provide recommendations on cost-saving initiatives.
5. Track and analyze financial performance indicators, such as revenue, expenses, and profit.
6. Prepare financial statements and reports for senior management.
7. Manage and review the work of junior finance analysts.
8. Collaborate with other departments to ensure accurate financial data and reports.
9. Prepare and analyze financial reports for internal and external stakeholders.
10. Evaluate financial information to provide advice and make suggestions for improvement.