What is the Role of Financial Analyst:

As a Financial Analyst you will be doing much more than just creating spreadsheets. You will help the finance department understand where the company is spending its money.

For example, if a department has planned to spend $100,000 on a project but actually spent $120,000 you may need to investigate why they have gone over their budget by $20,000 and explain this to the finance team.

Responsibilities will include:

• Creating monthly reports and dashboards.
• Analyzing actual expenditure against budgets.
• Analyzing financial data to identify discrepancies.
• Creating forecasts to predict how much the company will spend.
• Monitoring employee, vendor, and project costs.
• Supporting the annual budgeting process.
• Analyzing financial data and ensuring figures are correct.
• Working with finance teams across the US and Europe.
• Improving spreadsheets.
• Preparing financial data for management.

What is FP&A?

FP&A stands for Financial Planning and Analysis. Within a company, the FP&A team will help management plan for future expenditure and analyze financial performance.

An FP&A analyst may help a company decide how much money to spend on a new project. They will analyze the financial data available, create forecasts and explain potential costs.

This role will give candidates hands on experience with budgeting, forecasting, financial reporting and planning.

Qualifications and Experience:

Candidates should have a degree in one of the following:

• Finance
• Accounting
• Economics
• Business Administration

Or a related subject.

The role requires around 1-3 years’ experience in financial analysis, FP&A or accounting. Relevant internships may be considered.

Candidates should have a good understanding of basic accounting, profit and loss statements and monthly reporting.

Skills:

Excel is a very important skill for this role. Candidates should be confident using large spreadsheets, formulas, lookups and pivot tables.

Having knowledge of Oracle Fusion or another ERP system is useful. Experience with Oracle PBCS, Power Query, Alteryx or financial automation could be an advantage.

Communication skills are important as financial analysts often have to explain complex information to people who aren’t in the accounting department.

A great tip for this role would be to practice creating a monthly budget in excel. This will help you understand one of the key tasks of this role.

Salary:

Avis Budget Group are advertising a starting salary of around $70,000-$80,000 per annum.

• Annual: $70,000-$80,000
• Monthly: $5,833-$6,667
• Weekly: $1,346-$1,538
• Hourly: $33.65-$38.46

The hourly, monthly and weekly rates are calculated based on a 40hr week and 52 paid weeks per year. Your actual salary will depend on your working pattern, tax and any deductions.

The final salary may vary depending on where the successful candidate is located, their education, experience and skills.

Benefits:

The role includes medical, dental, vision, life and disability insurance. The company also offer a 401(k)-pension scheme with employer contributions, employee discounts, training and an Employee Assistance Program.

Benefits will depend on the employers policies:

Working Pattern:

• Company: Avis Budget Group
• Role: Financial Analyst
• Department: Finance & Accounting
• Location: 379 Interpace Parkway, Parsippany, New Jersey, USA
• Hours: Full Time
• Experience: 1-3 years
• Qualifications: Bachelor’s degree in a relevant field.
• Salary: $70,000-$80,000 per annum.

Preparation:

Before applying for this role ensure you have:

• Updated your CV to show relevant experience in finance, accounting and excel.
• Mentioned any financial reporting, budgeting or forecasting projects.
• Included your qualifications.
• Highlighted your knowledge of excel formulas, pivot tables and financial statements.
• Read through the full job requirements.
• Ensure you know where the role is based and what the working pattern will be.
• Don’t include any skills or experience that you don’t have. It is better to be clear and accurate.

Application:

If you are interested in this role visit the official careers page for Avis Budget Group and search for Financial Analyst roles. Ensure the role title, location, salary and reference number matches.

Careers Page: https://careers.avisbudgetgroup.com/home

Please note this role is advertised at a salary of $70,000-$80,000. The availability of this role can change so ensure you check the employer’s website to ensure the role is still available.

Reference code to find the job on website:  R0190012

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