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What does a Finance Associate do?

Learn all about Finance Associate duties, skills and much more. Get expert advice on how to become a Finance Associate.

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Brenna Goyette
Certified Professional Resume Writer, Career Expert

Published 3 min read

A finance associate is responsible for providing financial analysis and support to an organization. They may prepare financial reports, monitor spending, and develop budgets. Finance associates may also be responsible for managing investments and advising on financial decisions.

Finance Associate job duties include:

  • Assist in the preparation of financial reports
  • Help to maintain financial records
  • Reconcile accounts
  • Assist with budgeting and forecasting
  • Perform data analysis
  • Support auditing processes
  • Help to prepare tax returns
  • Provide administrative support
  • Handle customer inquiries

Finance Associate Job Requirements

A finance associate typically needs a bachelor's degree in finance, accounting, business, economics, or a related field. Certification as a Certified Public Accountant (CPA) is preferred but not always required. A finance associate should have strong analytical, problem-solving, and communication skills. Experience working in the financial industry is also helpful.

Finance Associate Skills

  • Analytical skills
  • Profit and loss analysis
  • Financial analysis
  • Budgeting
  • Forecasting
  • Variance analysis
  • Financial modeling
  • Business acumen
  • Strategic thinking
  • Problem solving
  • Attention to detail
  • Organizational skills

Related: Top Finance Associate Skills: Definition and Examples

How to become a Finance Associate

There are many different types of finance associates, but most have a few things in common. They usually have a four-year degree in business or economics, and they're good with numbers. They're also usually interested in the stock market and financial news.

If you want to become a finance associate, start by getting a degree in business or economics. Then, get a job working in the financial industry in some capacity. Once you have a few years of experience under your belt, start studying for the Chartered Financial Analyst (CFA) exam. This will give you the credentials you need to become a finance associate. Finally, start networking with other financial professionals and look for opportunities to move up within the industry.

Related: Finance Associate Resume Example

Related: Finance Associate Interview Questions (With Example Answers)