Registered Financial Analyst ®
The main role of a Financial Analyst is to analyse the financial data and other relevant information and provide useful insights to the management based on the business decisions made. They work on the investment opportunities, analyze the economic conditions, company’s performance, and fundamentals to forecast future performance, and recommend a course of action, such as buying or selling a company’s share, based on its overall outlook and expected performance.
Apart from the technical skills, some soft skills such as communication, interpersonal skills, and leadership skills come in handy for this role as it can be a high-pressure job, and handling such situations can be tricky. Some skills are technical such as a deep understanding of accounting, profitability analysis, knowledge of private equity, and so on. Some soft skills such as communication, leadership, and problem-solving skills could come in handy to make the most of the role.
- The Financial Analyst’s prominent role is to examine and determine the financial data and other applicable information and enable beneficial knowledge to the management depending on the business decisions.
- They work on the investment opportunities, analyze the financial situation, company’s conduct, and basics to predict future performance. They also recommend a course of action, such as buying or selling a company’s share.
- The roles of financial analysts are financial planning and analysis (FP&A), due diligence, treasury, financial reporting, investment banking, commercial banking, portfolio management, corporate development, transaction advisory, valuation, equity research, and private equity (PE).