The Senior Financial Analyst is accountable for tracking the company’s financial performance, analyzing business performance and market conditions to create forecasts and support senior management in tactical and strategic decisions through periodic reports. S/He trains and mentors the Financial Analyst(s) as and when needed.
Main Duties And Responsibilities
Consolidate and analyze financial statements, forecast future revenues and expenditures and create financial models for decision support
Support the management team in developing financial plans and determine the best use of resources to achieve business objectives/business case
Identify trends, keep track of financial performance and provide recommendations for optimization based on set financial plans
Perform variance studies and comparative performance and develop forecast models accordingly
Generate periodic reports and work closely with the accounting/finance teams to ensure accurate financial reporting
Develop, update and drive process and policy improvements optimizing workflows and improving financial growth
Provide creative alternatives and recommendations to reduce costs and improve financial performance
Understand the various departments and divisions and provide ideas to grow and improve the business
Consult with the management team to guide strategic decision making and provide support to projects as and when needed
Maintain knowledge and keep abreast of new financial regulations or policies
Oversee the daily activities of the Financial Analyst(s) and mentor as needed