Finance associates assist with a company or department’s yearly operating budget. This includes developing, analyzing, and interpreting statistical and accounting information to evaluate operating results in terms of profitability and performance against budget.
Compile Financial Reports
Finance associates often prepare reports that outline the company’s financial position regarding income, expenses, and earnings based on past, present, and future operations. This includes revising and updating reports to be more useful and efficient and furnishing external reports as necessary.
Assist with Audits
These professionals assist with audits, reviews, and tax preparation. They closely examine financial and accounting records, compile data, and conduct financial reviews and audits. This requires familiarity with recognized accounting standards and a basic understanding of the tax code.
Finance associates help develop and implement policies, procedures, and best practices for their company’s financial and accounting operations and for general compliance. They might also review proposed changes to existing policies and procedures to better comply with current laws and regulations.
Bachelor’s degree is Preferred in accounting, finance, or a related field.