Financial analysts leverage strong accounting and compliance backgrounds to explore historical financial data, predict future results and drive process and policy improvements. Day-to-day responsibilities for financial analysts include:
Analyzing current and past financial data and performance
Preparing reports and projections based on this analysis
Evaluating current capital expenditures and depreciation
Exploring investment opportunities
Establishing and evaluating profit plans
Identifying trends in financial performance and providing recommendations for improvement
Coordinating with other members of the finance team to review financial information and forecasts