Analysts constantly track profitability, cash flow and working capital – generally the three most important factors dictating a businesses’ ability to grow, remain solvent and provide the required revenue for shareholders. In doing this, analysts enable businesses to make the most of potential opportunities for growth and learn from past successes and mistakes.
There are a variety of roles that fit into the business analyst/commercial analyst bracket – ranging from management accounting positions with elements of project work to pure analyst roles solely focussed on project based work.
Great communicators who are able to develop working relationships with commercial teams and other finance teams tend to thrive in these roles.
Why choose this area?
Analysts tend to have a very good idea of the business drivers across and organisation and are involved in all group and commercial / operating functions. As an analyst you will gain real exposure to both the internal and external factors of a business, and are crucial to its success.
Business analyst / commercial analyst roles are very high profile. In addition to liaising with all areas of finance, you will also be expected to explain the figures to non-finance employees, Overall, the role gives you excellent commercial exposure and is a fantastic route to a Managing Director position.
Who should become an analyst?
You should be an accountant who has already developed a high degree of commercial acumen and demonstrated good levels of analytical ability. Great communicators who are able to develop working relationships with commercial teams and other finance teams tend to thrive in these roles. To be considered for one of these high profile roles within an organisation you will also need to be enthusiastic with good time management and prioritisation skills.
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