Financial Compliance Analyst Job Description
Financial compliance analyst
provides planning, management and/or support for financial operations activities including accounting, internal controls and financial systems, budget services, internal and external auditing, procurement and payroll.
Financial Compliance Analyst Duties & Responsibilities
To write an effective financial compliance analyst job description, begin by listing detailed duties, responsibilities and expectations. We have included financial compliance analyst job description templates that you can modify and use.
Sample responsibilities for this position include:
Assist in executing annual scenario analysis exercise
Assist in development and evolution of divisional guidance materials for all operational risk program components
Analyze customer entitlements and complex company structures, including history of acquisitions, mergers, and divestitures to propose scope for customer targets
Recommend if customer is an attractive review candidate from research and analysis of software purchase history, customer agreements, company structure, and other data
Interpret detailed contractual terms of software license agreements to assess customers’ software compliance
Maintain on-going pipeline of high-quality review candidates for sales regions based on capacity forecast
Prospect review candidates and collect feedback from sales team
Update and maintain key databases containing License Compliance research and review data
Assist in development and implementation of operational process improvements related to the role, often working with cross functional teams
Assist with financial reporting and other ad-hoc projects as needed
Financial Compliance Analyst Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Financial Compliance Analyst
List any licenses or certifications required by the position: CPA, CAMS, CFE, CIA, ACAMS, CISA, SOX, ACFE, AML, PMI
Education for Financial Compliance Analyst
Typically a job would require a certain level of education.
Employers hiring for the financial compliance analyst job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and University Degree in Accounting, Finance, Business, Education, Business/Administration, Economics, Graduate, Communication, MBA, Management
Skills for Financial Compliance Analyst
Desired skills for financial compliance analyst include:
OMB and FAR cost regulations
Financial accounting for complex multinational organization
SAP and HFM
Strong business acumen
Internal controls
Auditing techniques
COSO internal control framework
Commercial real estate
Experience in accounting and auditing principles
Financial procedures
Desired experience for financial compliance analyst includes:
Build Customer Entitlement Models and Entitlement Summaries for use in software licensing audits
Conduct thorough analysis of the Entitlement Model and summarize data points critical to understanding customer purchasing history
Research customer entitlement issues and follow them to resolution
Work with Engagement Managers on ad-hoc requests and analysis
Search for and export customer agreements from the contract management system
Analyze customer contracts and interpret basic contractual terms
Financial Compliance Analyst Examples
1
Financial Compliance Analyst Job Description
Job Description Example
Our innovative and growing company is hiring for a financial compliance analyst. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for financial compliance analyst
- Maintain internal License Compliance SharePoint sites
- Update and maintain key dashboards
- Works with agents and applicants to obtain missing or incomplete information needed to complete annuity suitability review clarify additional documentation requirements
- Adviser issue and consequence management
- Oversight of remediation for adviser issues
- Investigation into adviser issues
- ASIC interactions and requests
- Trend and gap analysis
- Act as the primary point of contact and subject matter expert for business stakeholders on compliance and risk related matters
- Oversee, advise and assist business stakeholders to identify, analyse and manage the impact and risk of implementing new or changing products, projects, policies, law, regulations and industry standards
Qualifications for financial compliance analyst
- Minimum of 5 years of experience acting as an analyst or equivalent role
- BA / BS in Accounting, Business or Finance
- Knowledge of financial services / banking
- CPA, CIA, or CISA certification preferred
- Operational accounting and/or Financial Reporting experience preferred
- SAP auditing experience is a plus
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Financial Compliance Analyst Job Description
Job Description Example
Our innovative and growing company is hiring for a financial compliance analyst. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for financial compliance analyst
- Provide compliance training as required
- Support compliance monitoring and assurance outcomes and work with the business to implement appropriate remedial actions and consequences
- Participate in compliance risk assessments
- Review, implement and maintain business-specific Compliance Plans and policies
- Prepare and provide incident, board and compliance reporting for boards, committees and senior management stakeholders
- Promote the principles and objectives of the Risk Management Group
- Demonstrate a high degree of commercial acumen
- Be highly motivated, proactive and possess the drive to take ownership and deliver, to a consistently high standard, in a fast-paced and result- focused environment
- Test the controls documented and communicate results in work papers and written reports
- Establish and monitor audit procedures to ensure the internal control environment is designed and operating effectively, provide recommendations for enhancements to controls, policies, and procedures to Senior Management
Qualifications for financial compliance analyst
- SSAE 16 standard experience is a plus
- Systems development methodologies experience is a plus
- Minimum 5 years License Compliance, Financial Planning and Analysis or equivalent experience
- Multilingual skill required - English and other European language (German, French, Spanish, Italian or Dutch preferred)
- Experience performing data and financial analysis required
- Experience working successfully within the software/technology sector and in a matrix-managed environment strongly preferred
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Financial Compliance Analyst Job Description
Job Description Example
Our growing company is hiring for a financial compliance analyst. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for financial compliance analyst
- Manage SOX and financial statement audits with Corporate Internal Audit and external auditors
- Assist in preparation for and participate in the annual scoping and rationalization process for all processes & controls
- Perform First–Level quality assurance validation of SOX 404 control testing
- Maintain control matrices for SOX control documentation
- Maintain SOX documentation and testing status using internal SOX Tools
- Co-ordinate and obtain quarterly process and control owner sign-offs for SOX 302
- Assist in updating process flowcharts and narratives, control documentation
- Responsible for developing SOX testing expertise to educate business partners (first via one on one coaching and eventually through classroom instruction) on various aspects of SOX 404 including techniques for performing control testing
- Responsible for assisting in performing other miscellaneous projects as assigned by Financial Compliance management
- Develop an understanding of risk and controls in assigned business cycles
Qualifications for financial compliance analyst
- Experience working in a License Compliance / Accounting / Finance or Sales are preferred
- Ideally a minimum of two years experience working in an FCA regulated business or equivalent
- Excellent knowledge in finance and/ or accounting and high level of understanding and experience with retail math and retail financial drivers
- Detailed oriented and able to manage multiple priorities to accomplish assignments simultaneously under tight deadlines and conflicting priorities
- High level skills in Excel, Access, Word, PowerPoint
- Prefer some knowledge of external reporting requirements mandated by local, state, federal and other regulatory agencies
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Financial Compliance Analyst Job Description
Job Description Example
Our company is looking to fill the role of financial compliance analyst. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for financial compliance analyst
- Analyze costs variances, understand business drivers and articulate into business language to influence business decisions
- IT relation
- Act as liaison between system users and IT groups to communicate and solve routine issues
- Assist with the implementation of IT solutions
- Reporting and automation
- Maintain and develop already existing solutions/tools
- Provide documentation and training for end users
- EMEA Group Accounting
- Assist the EMEA Group Accounting team during closing processes
- Provide security administration for financial applications
Qualifications for financial compliance analyst
- Experience presenting high level data overviews to upper Management and executives
- A fresher CA or Bachelors in Business Administration, Finance, Law or Accounting preferred (other majors OK with requisite experience)
- Prefer a minimum of 2-3 years of professional work experience preferably in the accounting, finance, banking or investments fields
- Bachelor’s degree in IT systems, Engineering, Economics, Finance or Accounting
- Excellent computer skills in Microsoft Access, Excel, Word and PowerPoint are essential
- Willingness to accept responsibility for projects/processes and ability to work with limited direct supervision
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Financial Compliance Analyst Job Description
Job Description Example
Our growing company is hiring for a financial compliance analyst. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for financial compliance analyst
- Document all procedures within Retail Payment Solutions (RPS) Finance team
- Participate in compliance discussions with Corporate functions and Consultants
- Assist in PAM and CAP tracking for RPS Finance Direct Mail Campaigns and Portfolio Management initiatives for Credit Cards
- Complete all compliance requests
- Coordinate, update and maintain compliance procedures
- Interact with cross functional teams to gather data, understand regulatory implications and prepare presentations for Senior Management
- Promote cooperation and foster regular communication with executing partners
- Performing First-Level QA validation of controls
- Educate business partners (via one on one coaching and classroom instruction) on various aspects of SOX 404 including techniques for performing control testing
- Other responsibilities include assisting with enterprise - wide IT compliance and control consultation activities and projects
Qualifications for financial compliance analyst
- Ability to multi-task and handle a heavy workload in a fast paced, deadline oriented environment
- CPA candidate or CPA designation are a plus
- Aptitude for data analysis or data warehousing skills (SAP, Hyperion) are a plus
- Public accounting (audit) or internal audit experience is preferable
- Strong (and current) technical knowledge of GAAP preferred
- Prior entertainment experience is preferable