OUR SERVICES: FINANCIAL DATA EXPERTS

Financial Data Analyst

What does a Financial Data Analyst do?

A Financial Data Analyst is responsible for collecting, organizing, and analyzing financial data to provide insights and support decision-making processes within an organization. They extract data from various sources, including financial statements, market data, and transaction records, and use statistical and analytical techniques to identify trends, patterns, and correlations. Financial Data Analysts also create reports, dashboards, and visualizations to present findings to stakeholders, help optimize financial operations, and contribute to strategic planning. Additionally, they may assist in developing forecasting models, assessing risk, and implementing data-driven solutions to improve economic performance.

    Tier 1

    .

    		 1 to 2
    years of
    experience

    Tier 2

    .

    		 3 to 5
    years of
    experience

    Tier 3

    .

    		 > 5
    years of
    experience

    ABOUT THE ROLE

    Roles and Responsibilities

    • Collecting and organizing financial data from multiple sources.
    • Analyzing data to identify trends, patterns, and anomalies.
    • Developing and maintaining databases and data systems.
    • Creating reports, dashboards, and visualizations to present findings.
    • Assisting in financial forecasting and budgeting processes.
    • Collaborating with stakeholders to interpret data and make data-driven business decisions.

    Day-to-Day Duties

    • Collecting and cleaning financial data.
    • Analyzing data using statistical methods.
    • Creating reports and visualizations.
    • Collaborating with team members.
    • Updating databases and data systems regularly.

    SKILLS AND TOOLS

    Soft Skills

    • Analytical thinking
    • Attention to detail
    • Problem-solving
    • Communication skills
    • Time management
    • Adaptability
    • Critical thinking
    • Teamwork

    Hard Skills

    • Data analysis
    • Statistical analysis
    • Financial modeling
    • Database management
    • Data visualization
    • Proficiency in relevant software/tools (e.g., SQL, Excel, Python, R)

    Tools

    Microsoft Excel for data manipulation, analysis, and visualization 70%
    SQL (Structured Query Language) 90%
    Python or R 80%

    Education

    Common Educational Backgrounds and Careers for this Role:

    • Finance
    • Economics
    • Mathematics
    • Statistics
    • Data Analytics
    • Accounting
    • Business Administration
    • Computer Science
    • Information Systems
    • Quantitative Finance

    CANDIDATES TESTS

    Tests & Evaluations for Candidates

    QuickBooks

    QuickBooks Online (UK and US version) test to hire

    8/10

    Bookkeepers, accountants, financial clerks, financial managers, business and clerical administrators.

    GAAP

    Use the Financial accounting (US GAAP) test to hire

    8/10

    Bookkeepers, accounts assistants, financial accountants, financial managers, and other roles requiring a good grasp of financial accounting.

    IFRS

    Use the Financial accounting (IFRS) test to hire

    8/10

    Bookkeepers, accounts assistants, financial accountants, financial managers, and other roles requiring a good grasp of financial accounting.