Junior Financial Analyst Job Description

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Junior Financial Analyst Job Description

Job descriptions
Banking and Financial Services

Job summary 1

The Junior Financial Analyst plays an integral part in assisting Analysts in the Finance team as they conduct analysis, provide recommendations and implement profit improvement projects, strategic alignment initiatives, and achieve sales and income objectives. The Junior Financial Analyst will interface with a variety of company departments such as Marketing, Sales, Forecasting & Planning, Cost, and Financial Accounting to compile data and analyze the financial viability of various new products, promotions, and initiatives. The position assists in updating reports, and dashboards, and tracking key performance indicators for a variety of company departments. The Junior Financial Analyst will also assist in preparing presentations to be made to various members of the management team.

Duties & Responsibilities 1

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Responsible for assisting in the financial analysis of all new projects, products, and promotions related to assigned lines of business
Prepares monthly expense plan documentation for the Financial Analysis group
Updates key company performance measurements for non-financial managers to better understand, track and improve their operational efficiency
Compiles data and prepare a variety of different schedules and reports
- Identifies and reports key business indicators impacting the growth, profitability, and achievement of strategic objectives
- Provides analytical and problem-solving support for Financial Analysts in the department as needed
- Assists in the identification and implementation of profit improvement projects

Requirements & Skills 1

Job summary 2

We are looking for a detail-oriented Junior Financial Analyst to assist our finance team. This is the position that will work in the areas of day-to-day financial procedures and financial planning and analysis.

Duties & Responsibilities 2

Prepare retail stores' daily sales reporting and monthly landlord sales reporting.
Assist daily finance operations such as bank account, cash deposit, expense reports, leases, rental invoices, and updates.
Liaise with the Accounting Department to resolve transaction and variance-related issues during the month-end close process, to deliver an accurate and timely close for the Division.
Analyze payroll, rental, and other operating expenses.
Analyze the store's dashboards and key metrics by location.
Assist in month-end financial presentation.
- Assist in forecasts, budgets, and plans.
- Prepare an hoc reports and analyses, as requested.
- Assist in Special Projects.

Requirements & Skills 2

Excellent analytical and problem-solving skills
Excellent verbal and written communication skills
Positive attitude and the ability to work well within a team environment
Advanced knowledge of Excel and knowledge of PowerPoint
Demonstrated ability to establish priorities in a fast-paced environment
Bachelor's degree in finance, accounting, or in a related field.
- Minimum 2 years of accounting/ finance experience, financial analysis experience a plus
- Experience within a retail consumer goods environment, a plus.
- Attention to detail.

Job summary 3

We are seeking a Junior Financial Analyst to join our Finance Transformation practice and take an active role in engagement execution, project management, and key business development activities.

Duties & Responsibilities 3

Requirements & Skills 3

Minimum 1 year of experience in a related field
- Bachelor's Degree in related field
- Financial Data Analysis & Reconciliation
- Microsoft Excel

Job summary 4

The Junior Financial Analyst will primarily focus on the financial reporting and tracking of operational metrics. The ideal candidate will have the desire to learn every aspect of our multi-platform business, a wonderful opportunity to join a firm with a diversified growth strategy. Additionally, our team values honesty and integrity and the right person will be confident, ambitious, and assertive. Furthermore, we embrace a work hard, play hard mentality.

Duties & Responsibilities 4

Requirements & Skills 4

Job summary 5

The Junior Financial Analyst would initially be responsible for supporting our Finance Operations and legacy Financial SuperMarkets Technology teams with budgeting, forecasting, month-end close & reporting package.

Duties & Responsibilities 5

Requirements & Skills 5

Job summary 6

We are looking for a Junior Financial Analyst to support project teams in the DoD Office of Energy Initiatives. The Junior Financial Analyst must demonstrate strong skills in research, modeling, and communication and must be a team player able to work in a fast-paced client environment. The Junior Financial Analyst must contribute to the overall level of service that the finance team provides. Additionally, the analyst will be matrixed to interdisciplinary project-focused teams that will use her/his work to inform the next steps for project development.

Duties & Responsibilities 6

Performs financial cost analysis for large-scale renewable energy projects utilizing third-party financing.
- Conducts sensitivity analysis and incorporates impacts of alternate financing structures, utility rate structures, tax policy, and Federal and state policy supports to provide a comprehensive view of the project business case. Provides advice to GOV effort to prepare large-scale renewable energy projects.
- Demonstrates strong analytical skills combined with actual industry experience to assess project business and financial issues.
- Identifies key business risks to successful projects and integrates full life cycle cost assessment to guide GOV assessment of opportunities.

Requirements & Skills 6

Must have a Bachelor's degree in Finance, Economics, or Business.
Must have a minimum of 3 years of experience.
- Must have a Secret Clearance.
- Must have experience in the analysis of energy consumption, energy rates, life cycle cost analysis, and tools used in preparing business case analyses for large-scale private investments.
- Must be highly proficient in Microsoft Excel.

Job summary 7

We are seeking a Junior Financial Analyst to provide business financial management support to our DoD customer. The Junior Financial Analyst will provide financial analysis as a member of the Government Furnished Equipment Directorate Support Team.

Duties & Responsibilities 7

Serve as a junior member of a group of analysts.
Assist in tracking commitments, obligations, and expenditures to ensure performing activities are meeting periodic targets.
Support the financial execution and formulation of financial plans for assigned programs.
- Attend program reviews, financial reviews, and applicable meetings where budget/financial support is required.
- Assist in correlating financial requirements into executable budgets.
- Draft spreadsheets, reports, and other documents and provide supporting analysis to present the financial status of programs.

Requirements & Skills 7

Ability to collaborate with team members, multi-task, and adapt to change.
Must have active DOD Secret Clearance and the ability to sustain one.
- Proficiency in using Microsoft Excel to generate graphs, input formulas, and data entry.
- Proficiency in using Microsoft Office applications to analyze data and present the status of projects.
- 5 years professional experience in program/project management in DOD acquisition; or 5 years professional experience in program/project management in Navy acquisition experience having demonstrated and specialized knowledge, ideally in Navy/DOD Financial Management processes.

Job summary 8

The Junior Financial Analyst is an entry-level position in Accounting and Finance Department. This position reports directly to the Controller. It is perfect for anyone who is looking to gain full-circle accounting and finance experience. The job provides valuable exposure to a variety of processes. The candidate in this position will be able to familiarize herself/himself with the budget variance analysis and be a part of the earned value management implementation process. The position also includes payable voucher processing and payment processing.

Duties & Responsibilities 8

Requirements & Skills 8

High School Diploma and/or actively pursuing a degree in Accounting, Business, Finance, or Economics
Hands-on experience with spreadsheets
Attention to detail and ability to follow standard procedures
Costpoint experience is a plus
- Results oriented with a strong sense of urgency
- Strong organizational skills
- Excellent written and spoken communication skills

Job summary 9

We are currently seeking a full-time Junior Financial Analyst to be part of the Finance team responsible for month-end processes and financial statement production. In this role, you will work directly with the Director of Finance, performing accounting functions including data entry (Intacct system), reviewing accounts payable, timesheet variances, prepaid expenses, and assisting with bank reconciliations.

Duties & Responsibilities 9

Perform the activities of the Account Receivable, Account Payable, Bank Reconciliation, and Timesheet Reconciliation;
Process new hires, terminations, and employee changes;
Understand and apply corporate policies, tax, and provincial legislation related to labor standards;
Communicate and collaborate with internal and external stakeholders;
Monthly review and reconciliation of corporate credit card expenses, and upload all transactions into Intacct;
- Enter financial transactions from bank accounts into Intacct;
- Research and correct discrepancies;
- Reconcile bank statements by comparing general ledger statements.

Requirements & Skills 9

Experience in the finance field;
Bachelor's degree in accounting or finance;
Extensive working knowledge of computer software including Word, Excel, and Outlook;
Experience with Intacct, Quickbooks, or similar accounting systems is required;
Strong organizational, prioritization, and problem-solving skills;
Strong administrative and multi-tasking skills;
- Good digital skills;
- Good attention to detail;
- Excellent communication skills.

Job summary 10

We are looking for a Junior Financial Analyst.

Duties & Responsibilities 10

Provide support in developing the budget and strategic plans. Interact with all levels of management in the completion of all budgets
Perform variance analysis between actual results and budgets
Manage lease accounting including tracking critical dates, updating schedules, invoice processing, providing journal entries, and performing account reconciliations
Ensure all departmental guidelines are communicated properly and timely
Work closely with the accounting department during month-end close
Ensure all financial closing and reporting deadlines are met
- Assist in annual year-end audit review
- Identify areas for process improvement and streamlining
- Assist with ad hoc projects and requests as needed

Requirements & Skills 10

Frequently asked questions

What makes a good junior financial analyst?

several qualities and skills make a good junior financial analyst. Here are some of them:

Strong analytical skills: A good junior financial analyst should be able to analyze financial data and create accurate financial models.

Attention to detail: Accuracy is essential in financial analysis, so a good junior financial analyst should be detail-oriented.

Strong communication skills: A good junior financial analyst should be able to communicate complex financial concepts to others clearly and concisely.

Proficiency in Excel and financial modeling software: Excel and financial modeling software are essential tools for financial analysts, so a good junior financial analyst should be proficient in these tools.

Familiarity with financial statements and accounting principles: A good junior financial analyst should have a strong understanding of financial statements and accounting principles.

Curiosity and willingness to learn: The financial industry is constantly changing, so a good junior financial analyst should be curious and willing to learn new things.

Teamwork: A good junior financial analyst should be able to work collaboratively with other members of their team to achieve common goals.

Time management: Financial analysis requires managing multiple projects and deadlines, so a good junior financial analyst should have strong time management skills.

Ethical behavior: Financial analysis involves dealing with sensitive financial information, so a good junior financial analyst should have a strong sense of ethics and professionalism.

Overall, a good junior financial analyst is someone who has a strong understanding of financial concepts and can use that knowledge to analyze data and make informed decisions.

What does the junior financial analyst mean in a job title?

The term "junior" in a job title typically refers to an entry-level or early career position. In the case of a junior financial analyst, this would indicate that the person is a relatively new or less experienced member of a financial analysis team.

As a junior financial analyst, the person would typically work under the supervision of a more senior analyst or manager and would be responsible for tasks such as data gathering, financial modeling, and report preparation. They may also be involved in basic financial analysis, such as calculating ratios and analyzing trends.

In many cases, a junior financial analyst position is considered a stepping stone to more senior financial analysis roles within the same organization, such as senior financial analyst or financial manager. With experience and proven skills, junior financial analyst can work their way up the career ladder to take on more responsibilities and advance their career in the finance industry.

What are junior financial analyst skills?

Junior financial analysts require a range of skills to be successful in their role. Here are some of the key skills required for a junior financial analyst:

Financial analysis skills: Junior financial analysts should have strong analytical skills to evaluate financial data and identify trends, and should be able to draw meaningful conclusions from this analysis.

Strong math skills: Junior financial analysts should have a solid understanding of mathematical concepts, such as algebra, statistics, and calculus, to perform calculations and interpret data accurately.

Proficiency in Microsoft Excel: Excel is an essential tool for financial analysts, so junior financial analysts should be proficient in using Excel to perform complex financial analyses and create financial models.

Knowledge of financial statements: Junior financial analysts should have a good understanding of financial statements, including balance sheets, income statements, and cash flow statements, and should be able to analyze these statements to evaluate the financial health of a company.

Communication skills: Junior financial analysts should be able to communicate financial information clearly and concisely to colleagues and management, both verbally and in written reports.

Time management skills: Junior financial analysts should be able to manage their time effectively to meet deadlines and prioritize tasks.

Attention to detail: Junior financial analysts should be detail-oriented and able to identify errors in financial data or reports.

Teamwork: Junior financial analysts should be able to work effectively in a team environment, collaborating with colleagues to achieve shared goals.

Ethical behavior: Junior financial analysts should have a strong sense of ethics and professionalism, as they may have access to sensitive financial information.

Overall, junior financial analysts require a combination of technical, analytical, and interpersonal skills to succeed in their roles.

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