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Entry Level Financial Analyst - job 1 of 2

This is a 6 month contract to hire role paying up to 28/hour and is onsite in Richmond.JOB DESCRIPTIONOur Client is seeking a Financial Analyst to join their team. This candidate will be responsible for the following:•Processing business refunds•Researching outstanding balances•Analyzing business accounts•Processing refund packets up to senior management for approvalREQUIRED SKILLS AND EXPERIENCE•Bachelor's in Accounting or Finance (New Grads OK)•Associate's degree is acceptable if relevant experience•Intermediate Excel (Pivot Table, VlookUps, Formulas)•Familiarity with Debits/Credits and working within Computer Systems
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Average salary estimate

$58240 / YEARLY (est.)
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$58240K
$58240K

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What You Should Know About Entry Level Financial Analyst, Insight Global

Are you ready to kickstart your career as an Entry Level Financial Analyst with a dynamic company right in Richmond, VA? This is not just another job; it’s a contract-to-hire opportunity offering up to $28 per hour, where you can build your skills while being a vital part of the finance team. As an Entry Level Financial Analyst, your day-to-day responsibilities will include processing business refunds and researching outstanding balances, all while providing valuable insights by analyzing business accounts. You’ll also get to prepare refund packets that go all the way to senior management for approval, so your work will have real impact! To thrive in this role, you'll need a Bachelor's degree in Accounting or Finance—new grads are welcome to apply! An Associate's degree is also acceptable if backed by relevant experience. Your intermediate Excel skills will come in handy here, especially using functionalities like Pivot Tables, VLOOKUPs, and various formulas. Familiarity with debits and credits, along with experience working within computer systems, will set you up for success. Join us at our Richmond location, where you can grow and learn in a supportive environment as you begin your journey in finance!

Frequently Asked Questions (FAQs) for Entry Level Financial Analyst Role at Insight Global
What are the primary responsibilities of an Entry Level Financial Analyst at this company?

As an Entry Level Financial Analyst at our company in Richmond, VA, your main responsibilities will include processing business refunds, researching outstanding balances, and analyzing business accounts. You’ll also be responsible for preparing refund packets for senior management's approval, which adds an exciting layer to your role.

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What qualifications do I need to apply for the Entry Level Financial Analyst position?

To apply for the Entry Level Financial Analyst position in Richmond, VA, you will need a Bachelor's degree in Accounting or Finance, or an Associate's degree with relevant experience. This role is perfect for new grads eager to launch their career in finance.

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What Excel skills are required for the Entry Level Financial Analyst role?

For the Entry Level Financial Analyst role, you should have intermediate Excel skills. This includes proficiency in using Pivot Tables, VLOOKUPs, and formulating various functions to analyze financial data efficiently.

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Is this Entry Level Financial Analyst position temporary or permanent?

The Entry Level Financial Analyst position is a 6-month contract-to-hire role. This means that after successfully completing the contract period, there is potential for the position to become permanent, offering you a great opportunity to establish a long-term career.

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What is the pay structure for the Entry Level Financial Analyst position in Richmond, VA?

The Entry Level Financial Analyst position offers pay of up to $28 per hour. This competitive rate reflects the important contributions you’ll make to the finance team while gaining valuable experience in the industry.

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Common Interview Questions for Entry Level Financial Analyst
Can you explain your experience with Excel as it relates to being an Entry Level Financial Analyst?

In the interview, highlight specific Excel functions you’re familiar with, such as using Pivot Tables for data analysis and VLOOKUPs for cross-referencing datasets. Mention how these skills will assist you in processing data effectively in the role.

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What techniques do you use to research and analyze outstanding balances?

When answering this, emphasize your attention to detail and methodical approach. Discuss how you would gather relevant data, utilize financial software, and apply analytical skills to determine reasons for outstanding balances, ensuring thoroughness in your analysis.

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How do you handle situations where you need to present financial data to senior management?

It's essential to present information clearly and concisely. Share your approach, such as summarizing key points, using visual aids for clarity, and being prepared to answer questions, ensuring senior management has all the needed insights.

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What do you understand about debits and credits, and how do they relate to your work as a Financial Analyst?

Explain that debits and credits are fundamental to accounting. Discuss how understanding these concepts helps analyze business accounts, ensuring accuracy in transactions, and supporting your work as an Entry Level Financial Analyst.

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What steps would you take to ensure accuracy when processing business refunds?

In response, lay out a process including cross-checking data entries, verifying against financial records, and employing analytical skills to ensure accurate processing of refunds. Demonstrating diligence in your work is key.

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How do you prioritize your tasks when you have multiple deadlines?

Discuss your method for prioritization, possibly using a task management system or list to rank urgency and importance. Highlight the ability to remain flexible while ensuring that key deadlines are met.

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Can you give an example of a problem you’ve analyzed and resolved?

Provide a detailed example where you identified an issue, gathered data for context, analyzed it, and implemented a solution. Make sure to articulate the impact of your resolution, showcasing problem-solving skills.

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Why do you want to work as an Entry Level Financial Analyst at our company?

Express genuine enthusiasm for the company, touching on its values, culture, and the opportunity for professional growth. Align this with your career goals and how this position fits into your aspirations in finance.

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What do you consider to be the most essential skills for an Entry Level Financial Analyst?

Highlight skills like analytical thinking, attention to detail, proficiency in Excel, and strong communication. Discuss how each skill contributes to success in the role and meets the company's needs.

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How do you approach learning new financial software?

Emphasize your adaptability and eagerness to learn. Discuss your process of engaging with tutorials, seeking guidance from colleagues, and practicing on the software, ensuring you become proficient quickly.

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Contract, on-site
DATE POSTED
December 22, 2024

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