Assessment: Financial Managers
IT Skills assessment for Financial managers, credit analysts, bank officers
Analyzing financial data is a common place in the description of various professions. It is often found in positions related to finance, such as CFOs, credit analysts, bank clerks, etc. Depending on the size of the organization, these executives may form an entire department by themselves or they may be working as part of a team of specialized executives.
The day-to-day responsibilities of the people holding these positions involve:
- Conducting surveys and analyzing data for decision making
- Troubleshooting through data analysis
- Controlling of cashflows, expenses, budget management
- Carrying out market research
- Presenting ideas / strategies
- Preparing and distributing financial, statistical etc. data
In order to perform their duties properly, these executives must know very well how to operate various applications so as to produce the desired result.
Job positions with similar typical skills
Jobs with similar formal qualifications include: Financial managers, Credit Analysts, Bank officers Accountants, Assistant accountants, Payroll officers, Junior financial analysts, Accounts payable, Financial administration assistants, Assistant auditors, Assistant financial controllers.
What does TEST4U recommend?
These jobs require very good knowledge of operating various applications. For a clearer result and a better picture, we suggest the assessing the candidates’ skills in the applications:
- Basic Excel Concepts
(DAY, MONTH, YEAR, AND, IF, OR, cell naming, sorting, paste special) - Core Functions
(SUM, AVERAGE, MIN, MAX, COUNT, IFERROR, VALUE, IFERROR, OFFSET, SUMIF, CONCAT) - Statistical and Financial Functions
(COUNTIFS, AVERAGEIF, IRR, IPMT) - Data and Chart Management
(Duplicate values, modify charts, scenarios, goal seek) - Advanced Charts and Pivot Tables
(Pivot tables and charts, advanced charts) - (TRIMMEAN, GEOMEAN, AVERAGE, MEDIAN, TREND, solver add-in, Analysis ToolPak)
- Formatting
(Styles, paragraph settings, wrapping style, picture layout) - Referencing and Columns
(Columns, table of contents, bookmarks, captions) - Enhancing Productivity
(Text to table, table to text, table formulas, sections, macros, mail merging) - Collaborative Editing and Fields
(Insert and modify fields, track changes, document protection)
- Manage Slides
(Views, themes, layout, printing, slide transitions) - Manage and Format Text
(Alignment, fonts, hyperlinks, dates, textbox, footer) - Tables and Charts
(Insert and format tables, charts and SmartArt) - Graphical Objects
(Grouping, alignment, formatting and copying of graphical objects)
- Mail Creation
- Mail Organizing
- Outlook Settings and Printing
- Calendar
- Contacts
- Mail Management
The assessment uses Microsoft Office 2019
The assessment syllabus covers formulas and functionality common in the following versions of Microsoft Office:
Microsoft Office 2016, Microsoft Office 2019, Microsoft Office 2021, Microsoft 365
Also, the interface of Microsoft Office remains mostly similar for all the above versions of Microsoft Office.