Salary Overview
- Average Salary: The average salary for financial analysts in Charlotte is approximately $80,000 per year.
- Salary Range:
- Entry-Level Financial Analysts: Typically earn between $60,000 and $70,000.
- Mid-Level Financial Analysts: Generally earn between $70,000 and $90,000.
- Senior Financial Analysts: Can command salaries of $90,000 to $120,000 or more, depending on experience and specialization.
- Bonuses and Benefits: Financial analysts often receive bonuses ranging from 5% to 15% of their salary, along with benefits such as health insurance, retirement plans, and professional development opportunities.
Job Description
1. Financial Modeling
- Develop financial models to support budgeting, forecasting, and decision-making.
- Conduct scenario analysis to assess the impact of various business decisions.
- Collaborate with cross-functional teams to ensure accurate modeling.
2. Data Analysis
- Analyze financial data to identify trends, variances, and opportunities.
- Prepare reports summarizing findings and recommendations for management.
- Utilize advanced Excel and analytical tools for data manipulation and visualization.
3. Budgeting and Forecasting
- Assist in the development of annual budgets and long-term forecasts.
- Monitor budget performance and provide variance analysis to management.
- Recommend adjustments to forecasts based on actual performance and market conditions.
4. Performance Reporting
- Prepare monthly, quarterly, and annual financial reports for management and stakeholders.
- Present findings and insights to senior management and cross-functional teams.
- Ensure accuracy and compliance with financial reporting standards.
5. Investment Analysis
- Conduct investment analysis to evaluate potential opportunities and risks.
- Prepare investment proposals and presentations for stakeholders.
- Monitor investment performance and provide updates to management.
6. Risk Assessment
- Identify and assess financial risks associated with business decisions.
- Develop strategies to mitigate identified risks.
- Collaborate with the risk management team to ensure compliance with policies.
7. Market Research
- Conduct market research to identify industry trends and competitive landscape.
- Analyze economic data to inform financial forecasts and strategies.
- Prepare reports summarizing market insights and recommendations.
8. Stakeholder Communication
- Communicate financial findings and recommendations to internal and external stakeholders.
- Prepare presentations for board meetings and investor updates.
- Foster relationships with clients and external partners.
9. Regulatory Compliance
- Ensure compliance with financial regulations and reporting requirements.
- Stay updated on changes in accounting standards and regulations.
- Implement policies and procedures to maintain compliance.
10. Continuous Improvement
- Identify areas for process improvements within the finance department.
- Implement best practices to enhance efficiency and accuracy.
- Pursue ongoing education and professional development opportunities.
If you are looking for suitable job, please upload your CV or apply here: www.finjobhub.com
