Reporting Analyst Job Description, Skills, and Salary
Are you searching for a reporting analyst job description? Get to know about the duties, responsibilities, qualifications, and skills requirements of a reporting analyst. Feel free to use our reporting analyst job description template to produce your own reporting analyst job description. We also provide you with information about the salary you can earn as a reporting analyst.
Who is a Reporting Analyst?
A reporting analyst is a data expert who collaborates with companies to evaluate data and create guidelines for creating and distributing business reports. By maintaining a company’s data systems and creating procedures and efforts that ultimately improve the efficacy and integrity of data reporting and documentation, a reporting analyst often helps to improve business reporting as a whole.
Reporting analysts acquire, organize, and examine data using a variety of techniques to derive knowledge that can be applied to mold the course of businesses. Reporting analysts are employed by a variety of organizations, including start-ups, hospitals, and educational institutions.
By reviewing measurements and creating reports, reporting analysts support important business decisions. They share these findings with managers and frequently make recommendations based on their research. Any business that needs data analysis, such as healthcare facilities or financial offices, can employ reporting analysts. Reporting analysts who stay in this position for a while can go to management positions where they manage teams and develop analytical plans.
You need a bachelor’s degree in business, finance, information systems, or a closely connected discipline to work as a reporting analyst. Along with other software, you should be proficient with SQL and Microsoft Excel. However, these don’t need to be officially certified. Reporting analysts need to prioritize assignments and effectively manage their time in addition to having the necessary technical abilities.
The reporting analyst is in charge of setting up an electronic database to hold massive amounts of data.
A reporting analyst can work in a variety of sectors, but their essential responsibilities and tasks never change.
These consist of archiving data, producing reports, examining reports, developing software specifically for reporting, and disseminating findings to various corporate divisions.
A crucial responsibility of reporting analysts is developing custom reporting software.
This is because each organization has unique requirements, so someone in this position will need to develop software to efficiently store corporate data.
For instance, if he or she works in the health industry, he or she might create software that keeps track of people’s medical histories. He or she needs to be proficient in computer programming and data administration because of this.
The main focus of this position is data storage, so the individual filling it must be able to handle a lot of data.
He or she must constantly update the database by entering new data.
The reporting analyst may be asked to enter the name of a newly admitted patient and their prior medical information into the database if they are working with a healthcare provider.
The analyst will update the patient’s data and file as they get medication and treatment.
To produce reports, a reporting analyst must analyze and understand data. They might work with a range of data, including financial data, sales data, demographic data about customers, etc.
Reporting analysts frequently organize and present their findings using specialist software. This enables them to produce thorough reports that are simple for other workers to read and understand.
Reporting Analyst Job Description
What is a reporting analyst job description? A reporting analyst job description is simply a list of duties and responsibilities of a reporting analyst in an organization. Below are the reporting analyst job description examples you can use to develop your resume or write a reporting analyst job description for your employee. Employers can also use it to sieve out job seekers when choosing candidates for interviews.
The duties and responsibilities of a reporting analyst include the following;
- Engage in dialogue with customers to respond to inquiries or share information about recent changes in the sector.
- Provide recommendations based on data analysis findings.
- Research emerging technology and industry trends to find new business prospects.
- Find trends in data to spot fraud or locate potential new markets for the company’s goods or services.
- Assemble the information from a variety of sources, including government reports, publications, and newspapers, to create reports for use internally by the business.
- Evaluate data, and use computer programs like spreadsheets or statistical packages.
- Create fresh methods for analyzing data and spotting customer trends.
- Prepare reports on the findings that the organization can use internally for strategic planning or to share with clients.
- Analyze information from internal or external sources to spot issues or areas for development.
- Staff should be trained and encouraged to keep complete databases that can be used for further analysis.
- Collect raw data from the relevant departmental personnel.
- Gather such information to make its interpretation easier.
- Analyze data while taking into account the impact of missing data, outliers, confounding variables, and additional variables.
- Report on findings that could be used to guide corporate strategies.
- Encourage the best use of conclusions drawn from demand and ta, and consult on areas of uncertainty.
- Create and update data sets that change along with the requirements of our business.
- Create business analysis and data logging systems for the department as a whole.
- Update databases as needed to ensure accuracy requires maintaining databases.
- Examine data reports frequently to spot and correct errors throughout
- Evaluate and gather information for a range of business reports.
- Make business reports that shed light on important data elements.
- Inform managers of the data analysis findings verbally and in writing.
- Help multiple departments, such as marketing and sales, to achieve their objectives.
- Track data to spot shifts in economic and commercial trends.
- Create project goals, conduct research, and determine clients and colleagues.
- Analyze user data requirements to identify demands that can be met by an automated, repeatable process.
- Determine whether the proposed programs are feasible in the current system, and examine system capabilities, workflow, and schedule constraints.
- Investigate, discuss, and resolve problems.
- Create clear standard reports and analyze them to support business requirements.
- Cooperate on several projects, you may manage tiny tasks, explain your findings, and adhere to deadlines.
- Create technological requirements that support the business requirements to describe user demands.
- Develop and improve the use of forms, templates, and logic functions in spreadsheets and databases.
- Handle the database’s proprietary and sensitive information processing.
- Create reports that span groups and functions and address client needs.
- Offer daily compliance checks, escalated issues, supplier and operational audits, data analytics, and sophisticated activity management.
- Comprehend the issue and identify the data requirements, breaking down high-level business needs into functional needs.
- Use logical queries and fundamental programming, you may extract, filter, and aggregate data.
- Develop and produce data layouts as such process flow diagrams, heat m and tables, charts, and graphs.
- Experience as a financial or business analyst for one to three years.
- Knowledge of SAP, object-oriented programming, and other programs for data analysis.
- A capacity for analysis that enables the creation of data-driven reports
- Demonstrate capacity for time management and project prioritization to fulfill deadlines.
- Ability to produce pivot tables, graphs, and charts using SQL and Microsoft Excel.
- Strong communication skills verbal and written to successfully relate data to coworkers.
- Excellent critical thinking abilities to solve problems and make judgments in the workplace.
- General understanding of corporate goals, strategies, processes, and information flow.
- SAS: To develop and analyze data, reporting analysts use their understanding of computer programming languages like SAS. For reporting analysts, being able to swiftly and accurately interpret vast amounts of data makes this a crucial talent. They may also create reports that are simple to read and comprehend, which can aid managers in making defensible judgments based on the facts.
- Analysis Capabilities: The capacity to evaluate data and identify patterns or trends is known as analytical aptitude. Reporting analysts study financial data, assess performance, and forecast future events using their analytical talents. These abilities are also put to use for producing reports that contain graphs, charts, and other visual displays of data.
- Google Analytics: A web-based program called google Analytics gives information on user behavior on your company’s website. This ability is used by reporting analysts to gauge the effectiveness of their reports and, if necessary, make adjustments. For instance, you can modify a report’s format to enhance performance if it receives little traffic or few user activities.
- MicroStrategy: Data creation and analysis are done by reporting analysts using the software package Microstrategy. For them to use this software efficiently, they must be knowledgeable about it. Knowing how to use MicroStrategy assists reporting analysts to write reports more rapidly, enabling them to finish projects on schedule and uphold organizational standards.
- Communication: This refers to the capacity to convey information in a way that is both understandable and clear. You might be expected to speak with clients on the phone or over email as a reporting analyst. A clear and effective transfer of crucial information can be achieved with the use of strong communication skills. Effective communication helps ensure that everyone understands what you’ve written, which is important if you need to convey your findings to coworkers or management.
- Solving issues: Having the capacity to recognize and address problems by problem-solving. When seeing data mistakes or having to fix an error created by another employee, reporting analysts apply problem-solving techniques. For instance, if an analyst detects that sales figures are off, they may look into what went wrong and how to repair it.
- Tableau: Reporting analysts can build visual representations of data using the software Tableau. This could contain graphs, charts, and other graphics that aid in the understanding of the data you’re providing. Reporting analysts frequently require knowledge of tableau to show their data understandably er.
- Flexibility: Being flexible is having the capacity to change course when necessary. Flexibility will enable reporting analysts to change their workloads or timetables as necessary because they frequently collaborate with numerous teams and projects. Additionally, flexibility enables reporting analysts to modify their procedures when they discover a more efficient way to do a task. They can increase their productivity and, in the long run, save time with the use of this expertise.
- Observation of Details: Reporting analysts employ their ability to pay attention to detail basis. Reporting analysts must have the ability to examine a lot of data and spot any flaws or inconsistencies. Additionally, they must make sure that their reports are accurate, comprehensive, and properly formatted. Reporting analysts can preserve accuracy in their work and give clients meaningful information by paying attention to the details.
- Organization: This is the skill of managing files, records, and other information. Reporting analysts frequently need to organize a lot of data before they can analyze it properly. Reporting analysts that possess strong organizational abilities can swiftly locate the data they require when needed. Additionally, by keeping their workspace organized, they can quickly locate information when a new stake is over a project or task.
- Power BI: Reporting analysts can generate and share data representations using the software program Power BI. They may interact with the material, which can aid viewers in better understanding it, making it a successful method of information presentation. Power BI-skilled reporting analysts may provide enlightening reports that are simple to read and understand for their supervisors and coworkers.
- Excel: Spreadsheets are created and formatted in Excel by reporting analysts. They also use it to evaluate data, which necessitates understanding the proper way to input data into the application. Reporting analysts must be able to efficiently sort through the huge amounts of data they frequently work with. This entails being able to alter data and make it simpler to interpret using Excel formulas.
- Qlikview: Reporting analysts use the software package Qlikview to make data visuals. These experts should be proficient with this technology because it enables them to produce insightful and visually appealing reports. They can teach their coworkers how to evaluate the data in the reports using Qlikview as well.
- Business Things: Business Objects is a piece of software that reporting analysts use to create and evaluate data. Your capacity to manage and interpret big amounts of information is demonstrated by this competence. When producing reports for senior management or clients, reporting analysts frequently use this program.
- Cognos: Cognos is a piece of software used for data analysis and reporting, therefore knowing how to utilize it is crucial for a reporting analyst. You can produce reports with this program that other employees in your company can see. Additionally, it aids in data analysis so you may decide on business operations with knowledge.
- SQL: Reporting analysts to build and maintain databases using the programming language SQL. These experts should be familiar with SQL since it enables them to work with data in many formats, such as spreadsheets and text files.
How to Become a Reporting Analyst
- Achieve a bachelor’s degree: An undergraduate degree in computer science, data analysis, software development, or a closely related subject is required. You should continue to hone your programming abilities as well as database and information management skills in addition to earning your bachelor’s degree.
- Finish your internship: Although it is not required to complete an internship to receive your degree, it can be a useful complement to your education. You can acquire the skills you need for career success by working as an intern in reporting analysis.
- Continue your education: Master’s degrees are frequently pursued by reporting analysts to better their employment. You can consider continuing your education to earn more certificates in computer science, business administration, or data analysis. Although it is not necessary to hold a master’s degree to apply for the position, it can help you develop in your career.
Where to Work as a Reporting Analyst
While some travel may be necessary for training or conferences, reporting analysts’ workplaces are primarily offices. While they normally work standard business hours, they occasionally put in extra effort to meet deadlines. Reporting analysts frequently face pressure to fulfill arbitrary deadlines and do excellent work, which can make the job unpleasant at times. However, the majority of reporting analysts consider their work to be interesting and difficult, and they believe they are contributing significantly to their business.
Reporting Analyst Salary Scale
In the USA, the typical reporting analyst compensation is $41.57 per hour or $81,061 annually. The starting salary for entry-level jobs is $65,001 a year, while the average yearly salary for experienced workers is $110,000.
In the UK, a reporting analyst makes an average pay of £35,348 a year, or £18.13 an hour. Most experienced workers earn up to £55,000 per year, while entry-level occupations start at £28,599 annually.
In Canada, the average reporting analyst compensation is $39.08 per hour or $76,208 annually. Most experienced workers earn up to $92,888 per year, while entry-level roles start at $60,000.
Australian reporting analysts typically earn $106,638 annually or $54.69 per hour. Most experienced workers earn up to $127,500 per year, while entry-level occupations start at $95,202.