Financial Analyst in Melbourne

What is a Financial Analyst?

A Financial Analyst is responsible for the financial planning and analysis of a company, allowing the organisation to make well-informed commercial decisions. At the heart of a Finance Analyst job description should be the ability to determine the best use of resources to achieve business objectives. They will be expected to produce regular reports using financial data, and work collaboratively across the entire finance team to analyse business performance and strategy.

Financial Analyst job description

A Financial Analyst forecasts future revenue and expenditures to help determine budgets for upcoming projects. A typical Financial Analyst job description should highlight researching and reporting on financial information, as well as monitoring financial movements within the market. A Financial Analyst job description typically includes: Analysing current and past financial data Looking at current financial performance and identifying trends Preparing reports on the above information and communicating the insights of these reports to the wider business Consulting with the management team to develop long-term commercial plans Suggesting budgets and improvements based on the above information Exploring different investment opportunities Developing financial models and providing financial forecasts Developing initiatives and policies that may improve financial growth

Financial Analyst job qualifications and requirements

A degree in one of the following subjects should be included in a Financial Analyst job description: Finance Economics Mathematics A Finance Analyst is also expected to demonstrate the following qualities: Experience with statistical analysis and financial forecasting Attention to detail and the ability to identify data patterns Good verbal and written communication skills Abreast of industry updates

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Salary for Financial Analyst in Melbourne
112350 - 132300
25th Percentile
112350
The applicant has limited or no experience in the position and is still developing their skills. Demand: Low
50th Percentile
121275
The applicant has an average level of experience and has most of the necessary skills. Demand: Moderate
75th Percentile
132300
The applicant has above-average experience, has (nearly) all necessary skills, and may also have specialised qualifications. Demand: High
Projected salaries for related positions Position title 25th Percentile 50th Percentile 75th Percentile Business Analyst - Finance and accounting 115500 126000 136500 Senior Business Analyst - Finance and accounting 139125 147000 154875 Senior Financial Analyst 132300 138600 157500 Financial Planning & Analysis Manager 157500 175350 195825 Commercial Analyst 113400 127050 142275 Commercial Manager 164325 188475 215775

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