Flex best Full Time Job Junior Financial Analyst | Salary | Role | 2024 | Chennai
| Company Name | Flex |
| Job Role | Junior Financial Analyst |
| Job Type | full Time |
| Location | Chennai, Tamil Nadu, India |
| Qualification | Graduate In Relevant field |
| Experience | Freshers And Experienced |
| Batch | 2017 – 2024 |
| Salary | Up To 10 LPA (Expected) |
Introduction to Financial Analyst
then financial analyst is very important in financial analyst job if you are an individual or for a then your job will be to give your suggestions to so that the profit can be so you will an individual or a business
financial decisions or decisions that can the company profit. So in financial aspect, you will guide the individual or business for profit. If you are overseeing stocks, bonds, etc. then you will past performance or how you will take it which will make profit.
Role of a Financial Analyst
You have to analyze it and to make profit in So a financial analyst analyzes current and past financial data and performance and then see how that knowledge can
You will to reports on Based on that, you will make your projections. In this job, you the investment opportunities. Because to move forward you many aspects. So how
Analyzing Financial Data
So, it is the job a financial analyst to As a financial analyst, you the financial trends, see how the past performance was, what can be future performance, how to take decisions that will benefit the So, as a financial analyst, you will to analyze a You will have to establish and
As a financial analyst, you will not on your own, you will a team, there will people who will help you. So as a team member, you will have to take where you need it. Based on the information provided to you will work on So in this way,
Utilizing Technology in Financial Analysis
you have to As a financial analyst, when you do all the complex tasks, then the technology is used a lot these days. So, you the technology, take its support and use for your benefit. One technical skill that you other
will give you notch higher, that is, if financial data analytics, then you will little ahead other financial analysts. Because nowadays, companies and industries, they make decisions that do not decisions based
database decisions, so the data provided by the data analysis, then using will gain further insights from So that’s if you have the data analytics system, the programming or how you can do analysis, all the programs, the technology,
Important Skills for Financial Analysts
then it will be very good for your job. The skillset that will be very important for in this job will be knowing about technology, knowing about you will very good knowledge of it, so it will help you a Apart from this, you should have an expert level analytical mind because your work will be to analyze. You should have one more skill set which is strategic thinking.
Time management is very important because you may work on some projects that driven. Organization skills should be very good because this work is of analytical mind and it very complex work.
You may have to long hours in this It’s not like you just 9 -5 and then you get cut off. You may have to long hours and you may have a time for it. You will have to this flexibility. You will have to work constant deadlines
Time Management and Organization
So you should have a good time management. You an organized way because you have to meet a For this you should have the ability to You will a lot of things at
You will oversee a that your people will do for you. You have to see them too. Apart from that, you have to do your own work.
and when you analyze all you have to present it to So you should this capability. First, your presentation skills should be Along with that, you the ability to Because when you are your findings or telling them how you out a decision, how it in the future
Presentation and Persuasion Skills
you have people to do what you are saying is right for business. So this skill is very important. So this job a financial analyst is very challenging, rewarding and exciting. So if you have a personality that you like working complex environment,
So the first thing a financial analyst would do is to collect data and make sure that the data is accurate and credible. Data can be collected from the company’s 10k report, that is annual report from financial websites like Bloomberg, and even from the archives of the financial exchanges. Number two, data organization.
Financial analysts would then work to put the data in order and in a manner that would make their further work easier. For this, financial analysts often use Excel while some may even use programming languages like Python or C++. Number three, forecasting. The entire work that a financial analyst does would be worthless if they couldn’t reach a conclusion.
Building Financial Models So now, the financial analyst has the data arranged properly and made some forecasts. This is a critical point. At this stage, the company’s financial statements are forecasted for the next 5 -10 years by preparing supporting schedules like working capital, depreciation schedule, shareholders’ equity schedule, debt schedule, and so on.
Some of the common financial models are the discounted cashflow model, leverage buyout model, mergers and acquisition models, etc. No matter where the financial analysis works in investment backing, corporate finance, or even equity research, financial models will be used everywhere. Number five, analyzing financial results.
They would analyze certain tools such as ratios and matrices, including gross profit margin, net profit margin, cost to sales ratio, debt equity ratio, etc. There are many things that financial analysis may look at to improve their decisions. Hence, a lot of time is spent on this part of the work. Number six, providing recommendations using valuation.
to make a conclusion and provide recommendations to the investors or their clients. Based on the analysis, the financial analyst may suggest investors to buy, sell, or hold the stocks. This is done using various valuation approaches like discounted cash flow,
Presenting the recommendations It is often said that it’s fine if a person is good with numbers or if they are good with words, but it is best when they are good with both. Everything that a financial analysis does involves numbers and jargons that not everyone can understand.
That’s why financial analysis have to present their work in an easy to understand manner and presentation is the selling skill of a financial analysis.
Creating charts and graphs This brings us to the last part of the work of a financial analysis, that is creating charts and graphs. This is an important part of the presentation of their work and with charts and graphs, the financial analysis would be incomplete.
