Professional Situation

Professional Situation Description for Insert Name My professional career post-baccalaureate in business at George Mason has involved many difficult situations in financial analysis and reporting. The major firm where I have been employed is responsible for communication technologies used by many agencies in the public and private sector. The teams responsible for financial forecasting at this publicly-traded firm have a difficult and dynamic set of requirements to accomplish their objectives.

Our forecasting must always keep in mind the following as we provide guidance to support planning: Research and technology within the industry create obsolescence faster within this industry than typical consumer commercial markets Government and municipal contracts require different specifics for reporting and contracting than conventional internal policies and procedure Forecasting requires rate analyses and continuous comparisons to models rather than static data so that senior management can make rapid decisions to insure that capital is working efficiently. My challenges in financial analysis require both creativity and tactical skills.

Financial forecasts are assigned to a technical analyst who is expected to follow a project and develop the basis for the reporting functions as defined by the project team leader. For one project I was assigned a rolling government contract associated with a technical specification for a production unit of communication equipment. The forecasting required data inputs from internal sources that included assignment of resources in research and manufacturing to modify the equipment.

Communication between the different groups from the contracting team and the research and production team was critical but was often not a specific priority for internal objectives. My tactical work involved insuring that each part of the team from the research staff through the contracts group was actively engaged in providing the detailed information. This was critical so that the proper resources could be assigned and to insure that the budget outlaid within the contract made financial sense to senior management.

I focused my effort on short but intense meetings with both teams where the objectives of the meetings were clearly defined so that budget details could be incorporated in my financial projections with input from both groups understanding why the details were critical. Subsequent reports to financial management allowed me to quickly determine any key elements that were missing and avoided extra time spent between the project team and the financial group. With this set of well structured meetings and reports our.