How to Sharpen Your Financial Analyst Skills

How to Sharpen Your Financial Analyst SkillsHow to Sharpen Your Financial Analyst SkillsModern financial analysts do much more than number crunching. And just as information technology changes the way we live and work, financial analyst skills must evolve to meet expectations. Financial analysts and business analysts who understand statistics and command a firm grasp of database analytics can tap into the ever-growing flow of big data to make valuable enterprise-wide contributions. A talented analyst could easily focus his efforts on strategic process improvements in areas such as menschengerecht resources or operations. IT skills, such as systems analysis and proficiency with large enterprise resource planning systems, are also in great demand.Simply put, those who can acquire and maintain the top financial analyst skills will find an abundance of opportunities for employment and professional growth. What skills and abilities are in demand?1. Collaboration and leadershipThe trend to ward a more IT- and analytics-savvy finance function requires a financial analyst to make more frequent, tangible contributions across departments. As such, many corporate management teams rely on their top analytics talent to facilitate and justify decision-making, with the relationship frequently evolving into more of a partnership - or, as you might call it, cross-departmental collaboration.2. Strategic thinkingFor companies, having strategically minded people with the skills and abilities to deliver actionable, data-driven conclusions can lead to greater efficiencies and cost savings, ultimately impacting the bottom line. As a financial analyst, the equation is simple Having strategic-thinking skills can bring success to companies and help you move rapidly up the corporate ladder.When you subscribe to the Robert Half newsletter, youll get articles and resources to help you build a successful career in accounting and finance - all sent directly to your inbox. Click the button b elow to sign up todaySUBSCRIBE NOW3. Data analytics know-howData analytics requires a knack for recognizing meta-patterns and understanding the ramifications of changing patterns. If you want to dig deeper into big data analytics, consider online training or a certification program. Once youve got the basic data analytics skills under your belt, you can volunteer for an analytics or informatics project gearing up at your workplace.4. Information technologyFinancial analysts with the job skills to work with IT management on issues such as cloud migration, data security and privacy are definitely a step ahead. Fortunately, picking up new IT skills is a relatively straightforward process. For instance, you can pursue a certification, such as those given in recognition of proficiency with as Hyperion or Microsoft Dynamics GP, the Certified Information Technology Professional (CITP) designation from the American Institute of Certified Public Accountants, and the Certified Information Sys tems Auditor (CISA) program from ISACA.Honing your financial analyst skill set will bring you other rewards, of course. The Robert Half Salary Guide for Accounting and Finance gives you the latest starting salaries for financial analysts, whether they have one to three years of experience at a small or midsize company, or theyre senior financial analysts. Those with professional certifications and graduate degrees can see offers higher than the national average.Learn more about financial analyst salaries in a sortiment of U.S. cities, and take a look at open positions in your area, too.

Senators call for better data collection to measure economic impact of sexual harassment

Senators call for better data collection to measure economic impact of sexual harassmentSenators call for better data collection to measure economic impact of sexual harassmentA group of 22 senators, led by Kirsten Gillibrand (D-NY), sent a letter to the Department of Labor on Monday requesting that the department establish better, and more detailed, methods of collecting data on sexual harassment in the workplace.In recent weeks and months, the MeToo movement has brought to light the experiences of countless workers who have endured sexual harassment for far too long, the letter states.The senators, all Democrats, want labor officials to measure the extent of discrimination and how it impacts the American labor force. Harassment and discrimination affects minimum-wage workers, middle class workers and white-collar workers, and Gillibrand points out that in addition to the emotional costs, there are also economic onesThe personal costs of sexual harassment are often invisible, yet ar e no less real, and are often coupled with negative economic consequences. Sexual harassment can have both and physical consequences, including depression, anxiety, muscle aches, headaches, and high blood pressure. These ailments can result in missed workdays and reduced productivity.The letter also cites statistics showingwomen who have been harassed are 6.5 times more likely to change jobs than those who have not These consequences are particularly concerning in science, technology, engineering, and math fields, where approximately one in five women report experiencing sexual harassment at work.It also points to a report stating that 90% of female workers in the restaurant field have experienced sexual harassment, with over 50% doing so on a weekly basis.Gillibrand has asked for a prompt response from the Labor Department.

9 Reasons Why You Didnt Make It Past The First Interview

9 Reasons Why You Didnt Make It Past The First Interview9 Reasons Why You Didnt Make It Past The First Interview You breezed through the phone screening and your first interview went surprisingly well.But weeks go by and you never hear back. If you do end up getting a rejection schmelzglas, youre left staring numbly at an auto-response with too many clichs and not a single explanation of why you didnt make the cut. And so, the vicious circle continues. How can you improve your interview game when no one is telling you what youre doing wrong?While there are may be different factors at play , Glassdoor Senior Talent Acquisition Partner Jamie Hichens sheds light on nine red flags that can knock job seekers out after the first interview. Before speculating on a whole host of things that you could have done wrong, ask yourself honestly if you did everything you could to prepare for the interview. According to Hichens, coming to your first interview unprepared is an immediate red flag. While some things like personality and culture fit are harder to control, anyone can look up interview questions on Glassdoor , check out the LinkedIn and Twitter profiles of your interviewers, and do a Google deep dive on all aspects of the industry.Arriving to your interview at least 10-15 minutes early and bringing extra copies of your resume are also a must, adds Hichens.The first interview is an incredibly important way for an interviewer to gauge if you are truly interested in working there as opposed to just looking for any old job. Thats why Hichens says its crucial to prepare a solid explanation as to why you are interested in the company and position. Ask yourself What first attracted you this company? What about the companys mission/industry resonates with you? How does this position fit into your professional journey and your career aspirations? Visit the companys press page and see what big news its being featured in. Look up the profiles of key leaders in the company and see if the specific work they are doing inspires you. If you have mutual connections that are company employees, reach out to them and get to know more about why they love working there. Showing that you have gone above and beyond to make sure this company and position is the one for you will definitely set you apart.Along with preparation and passion, make sure to stay proactive throughout the entire interview process. Interviewers want to see you walk the walk, and asking insightful questions and sending thank you emails are great ways for you to show them just how interested and responsible you are. Hichens is always impressed when candidates ask interviewers questions that help them better understand the job. Bring a notebook and take notes on their answers. After you finish your first interview, Hichens says it is vital to send a thank you email to your interviews within 24-48 hours. Hiring managers always share a candidates thank you ema il with me when they receive one. Handwritten notes can go far as well, although only as a supplement to thank you emails.If being passive is not your problem, then be wary of having too much of a presence during the interview process . Acting too eager or arrogant will give the interviewer the impression that you are hard to manage . During the interview, your hyper-excited or know-it-all tendencies may compel you to cut the interviewer off mid-question, but avoid interrupting at all costs. It says a lot more if you take a moment to develop a well-thought-out answer with concrete examples. Avoid saying Like and Um repeatedly, Hichens further advises. If you get flustered, take a minute to gather your thoughts and start your answer again.As for emails, quick response times and occasional follow-ups are a plus, but make sure not to overdo it on the communication, Hichens warns. When a candidate overly emails , its a turn-off.According to Hichens, first impressions are everything. Eye contact is very important as is a firm handshake. Dont slouch or cross your arms you can keep your hands folded on your lap or right in front of you on the table.As for interview attire , Hichens recommends always dressing a notch up from the dress code (and cleavage is never appropriate). Avoid distracters such as large amounts of makeup/jewelry, strong perfume or flashy hair so that the interviewer can truly focus on what youre saying. And lastly, always practice proper hygiene protocol.During the first interview, its really critical for an interviewer to assess a candidates long-run potential for the position. Its always a hiring managers worst nightmare to invest time and resources on an employee who doesnt intend on sticking around. Be prepared to answer questions such as Where do you see yourself in 2/5/10 years?According to Hichens, questions like ansicht help the interviewer understand what your career aspirations and progression plans are and if that fits int o what they can offer you as well as if youll stick around long term.When it comes to personality, different types of companies are looking for different types of candidates. For example, at a more formal company (i.e. a bank or law firm) a big personality and sense of humor might not go over as well as it would at an ad agency, Hichens says. Make sure to do some corporate culture research to see how your social skills fit into the picture. It will save time and energy for both parties involved and help you get closer to the job that is best for you. Its also important to learn more about the social dynamics of the specific team you are applying for. If your interviewer says that communal efforts are critical to the teams success, your independent work habits may not be considered a big plus. Hichens notes that being rude or having a bad attitude can be a huge red flag in the first interview. Avoid badmouthing your current company or manager/peers. Treat everyone you encounter w ith at the company whether it be the front desk manager or the CEO with friendliness and respect . It definitely wont go unnoticed. Moreover, always be gracious and appreciative of the interviewers time, even if you decide halfway through the interview that this isnt the best position or company fit. Hichens explains, Making a positive lasting impression will help you not only in this situation but in the future if you cross paths with these people again, even if you dont get the job.Unless there has been a death in the family or a critical emergency, canceling an interview on the day of is tantamount to saying I dont really want this job and I dont respect you or your time.If you need to adjust the time or youre running late, be transparent. Being late to an interview with no explanation or without emailing or calling ahead to say they are running late. This one will knock out 99% of interviewees, says Jamie Hichens. Senior Manager of Talent Acquisition at Glassdoor. At the very least, if youre running late, call and offer an ETA, an explanation, or an offer to reschedule. And remember to apologize for the inconvenience.