Reporting Analyst: Job Description and Education Requirements
Reporting analysts develop systems and standards for business reports. They must be experts in data management and software engineering and be able to coordinate effectively with the needs of multiple departments.
Job Description for a Reporting Analyst
Reporting analysts examine the unique needs and concerns of a business to develop relevant practices and procedures for preparing business reports. This includes creating and maintaining efficient and secure systems for recording data and producing relevant documentation. Reporting analysts also train workers in the use of these systems, teaching them to prepare reports and properly utilize report data. They typically can find work in a variety of industries, including financial services, health care, and real estate.
Reporting analysts must have a strong background in computer science and programming since they often need to create customized tools and applications to handle the specific reporting needs of a business. They also need to exhibit excellent written and verbal communication skills since they deal closely with a business' information technology (IT) workers, training them to troubleshoot user issues with customized tools and software. Analysts must work with both IT departments and project managers to find any issues with custom software, as well as to propose and develop upgrades to deal with technical issues and enhance efficiency as business needs change.
Education Requirements for Reporting Analysts
Reporting analysts generally have at least a bachelor's degree, preferably in computer science or a business-related major, such as economics, finance, or accounting. Regardless of their major, candidates for reporting analyst positions should have significant experience in computer database management, programming, or software development. Many bachelor's programs in business and computer science offer opportunities for internships in these fields, and prospective reporting analysts should take advantage of these opportunities to develop demonstrable experience. Candidates possessing a master's degree, particularly those with a Master of Business Administration, often are preferred for reporting analysts positions.
Salary Info and Job Outlook
According to the U.S. Bureau of Labor Statistics (BLS, www.bls.gov), budget analysts, including reporting analysts, should see job opportunities increase in the field by 6% between 2012 and 2022, a rate on the slower end of the average range predicted for all occupations. PayScale.com indicated in July 2014 that financial reporting analysts typically earn between $40,252 and $82,760 a year, including bonuses and profit sharing.
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