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Entry Level Financial Analyst

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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$94256 / ANNUAL (est.)
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$82K
$107K

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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 in Richmond, VA? Our Client is looking for a motivated individual to join their dynamic team on a 6-month contract that could lead to a permanent position! As a Financial Analyst, you'll handle a variety of essential tasks that keep the business running smoothly. Your day-to-day responsibilities will include processing business refunds and helping to research outstanding balances—no two days will be the same! You'll also delve into analyzing business accounts and preparing refund packets for senior management approval, giving you hands-on experience that’s invaluable for your career growth. To succeed in this role, you should have a bachelor’s degree in Accounting or Finance, but don’t worry if you’re a recent graduate; we’d love to hear from you! An associate's degree is acceptable if you have relevant experience. Your proficiency with Excel, including skills like pivot tables and VLOOKUPs, will really come in handy, as will your understanding of debits and credits in a computer systems environment. This is a fantastic opportunity to enhance your skills, work with experienced professionals, and make a meaningful impact within the company. If you're excited about ducking into the financial world and making sense of accounts while collaborating with colleagues, this could be the perfect role for you!

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

As an Entry Level Financial Analyst at our Client, your primary responsibilities will include processing business refunds, researching outstanding balances, analyzing business accounts, and preparing refund packets for approval by senior management. This hands-on experience allows you to engage directly with financial data and contribute to the overall financial health of the company.

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What qualifications do I need to become an Entry Level Financial Analyst at the company?

To qualify for the Entry Level Financial Analyst position at our Client, you should hold a bachelor’s degree in Accounting or Finance. If you have an associate's degree, that’s acceptable as long as you have relevant experience. The role also requires intermediate Excel skills, such as the ability to use pivot tables and VLOOKUP functions.

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Is prior experience required for the Entry Level Financial Analyst position?

While prior experience is not strictly required for the Entry Level Financial Analyst role at our Client, having relevant experience or internships in finance or accounting will certainly make your application stand out. New graduates are encouraged to apply!

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What technical skills should I possess for the Entry Level Financial Analyst role?

For the Entry Level Financial Analyst position, having intermediate Excel skills is essential. You should be familiar with using pivot tables, VLOOKUPs, and various formulas. Additionally, a good understanding of debits and credits within financial systems will be advantageous.

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What can I expect from the work environment as an Entry Level Financial Analyst?

As an Entry Level Financial Analyst at our Client, you can expect a collaborative and supportive work environment in Richmond, VA. Being onsite will allow you to interact with your team directly, providing opportunities to learn and grow professionally. The focus is on teamwork and contributing to the organization’s goals.

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Common Interview Questions for Entry Level Financial Analyst
Can you explain your experience with financial analysis or account management?

When answering this question, detail any internships or coursework that involved financial analysis. Highlight specific projects where you utilized your analytical skills, showcasing your understanding of financial principles and methodologies relevant to the Entry Level Financial Analyst role.

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What Excel functions are you familiar with, and how have you used them?

Be prepared to discuss specific Excel functions, such as pivot tables, VLOOKUPs, and any formulas you’ve used for analysis. Provide an example of a project where these functions helped you derive insights or manage data effectively.

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How do you prioritize your tasks when managing deadlines in financial analysis?

Discuss your approach to task prioritization, perhaps mentioning a system you use like to-do lists or project management tools. Emphasize your ability to assess which tasks are urgent and important, especially in a fast-paced finance environment.

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Describe a time when you had to analyze a complex data set.

Share a specific experience where you analyzed a complex data set, detailing the approach you took and the outcome. This shows your analytical skills and your comfort level with interpretation and decision-making based on data.

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

Your answer should reflect your passion for finance and analysis. Talk about your desire to build a foundation in the financial field and how this role aligns with your long-term career goals. Express enthusiasm for contributing to the team’s success.

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What methods do you use for problem-solving in financial situations?

Discuss your analytical process, perhaps mentioning research, data analysis, and collaboration. Provide an example when you successfully resolved a financial issue, showcasing your problem-solving abilities relevant to the Entry Level Financial Analyst role.

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How do you ensure accuracy in your financial reports?

Highlight the steps you take to review your work, such as double-checking calculations or asking a peer for feedback. Share your understanding of the importance of accuracy in financial reporting, especially for the decisions that stem from these reports.

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Can you explain the concept of debits and credits?

Clearly outline the concepts of debits and credits as foundational accounting principles. You might mention how they impact financial statements and how you’ve applied this understanding in practical settings, which demonstrates your preparedness for the Entry Level Financial Analyst role.

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How do you handle tight deadlines and high workloads?

Discuss your strategy for managing stress and maintaining productivity under pressure. Mention techniques like time management, maintaining a positive attitude, and focusing on high-impact tasks, illustrating your readiness for a busy financial environment.

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What interests you about the financial industry?

Share your enthusiasm for the financial world, mentioning aspects like market trends, data analysis, or financial reporting. Emphasize how these interests drive your career choice and how you’d like to contribute to the field as an Entry Level Financial Analyst.

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Contract, on-site
DATE POSTED
December 7, 2024

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