work exp rejected Corporate Financial Analyst experience, statements, interpret, reporting, valuation

rkapoor

Just saw that my 3 year experience as a Corporate Financial Analyst was rejected, which is weird seeing that Financial Analyst is in the charter designation!

I wrote: General job function was gathering, compiling, and analyzing data from the general ledger, accounts payable, and financial reporting systems to reconcile and report on finances. Analyze financial statements to interpret activity, liquidity, solvency, profitability, and valuation ratios and make go-no go recommendations on projects.

Specific job duties:
Calculate net present value and payback period of financial projects.

Perform budget and cost analysis to analyze and forecast returns and constraints.

Account for assets using principles of revenue recognition an accrual accounting.

Perform audits of financial assets to determine compliance with GAAP standards and other regulations.

Researching accounting variances and making adjustments where possible and formulating recommendations based on financial trends to present to management.

As a Reporting Analyst, my recommendations on return measures and financial liquidity were used in formulating and maintaining cash management positions and using other investable assets for profitability.


Anyway, status says more detail needed. Anyone have their experience as a financial analyst approved? Mind sharing what you wrote or which LOS you tied it to? Thanks.

Wendy01

I have a not so traditional job and I was stunned when they approved all of it the first time around. Honestly, it's a bit of a crap shoot. But, if you make the case that you are taking other peoples money and buying stuff with it in order to get return they generally will accept it. Anything else they are gonna be suspicious of, you might just be a bookkeeper or a typist.

RepoToronto

what? you guys think you have special abilities cuz someone hired you? get over yourselves.

transferpricing

'back end' something is about right. arse.



Edited 1 time(s). Last edit at Tuesday, June 28, 2011 at 07:17PM by joehogue.

grharmeyer

wow, how do you get jobs doing that stuff? I'm back end admin and I do little more than push paper from one pile into another. I'm sure I could do any one of the jobs above, just as well as you all who are doing them now, but no one's giving me the green light. pretty frustrating

ayaz_mahmud369

I'm convinced the CFAI just rejects everyone's experience the first time, just to be jerks.

rohitdoshi

joehogue Wrote:
-------------------------------------------------------
> Old post. I've been approved since Nov. just
> waiting on exam results.


Would you like to share your work description that you re-sent?

luckygiftvn

Old post. I've been approved since Nov. just waiting on exam results.

thommo77

I started out by saying "I am currently involved in the investment management process by..."

BC_MBA_student

Just be smart about how you phrase things. The people reviewing the work experience applications don't really know the difference.

go/no go recommendations = investment decisions
financial projects = capital investments

It seems that a good portion of your job involves capital decisions, which in my opinion qualifies. Even reconciliation and data management can qualify if the information is used by other investment decision makers.

But in the end, don't lie about your work experience; just go get a new job. if you're an entry level accounting analyst, you probably don't qualify for the charter.