How To Become A Reporting Analyst: What It Is and Career Path - Zippia (2024)

Updated April 25, 2024

6 min read

How To Become A Reporting Analyst: What It Is and Career Path - Zippia (1)

A reporting analyst specializes in analyzing data and creating reports based on the findings. Their primary duties include collecting, organizing, and analyzing data from various sources to create reports. They use software tools and techniques to create visual and written reports that help businesses make informed decisions. Reporting analysts use analytical skills to identify trends, anomalies, and opportunities for improvement. They work closely with stakeholders to understand their needs and provide the necessary insights.

How long does it takes to become a reporting analyst?

It typically takes 4-6 years to become a reporting analyst:

  • Years 1-4: Obtaining a Bachelor's degree in a relevant field, such as business, economics, or statistics.
  • Years 5-6: Accumulating the necessary work experience in data analysis, report writing, and business operations. During this time, an aspiring reporting analyst may also undergo on-the-job training for 6-12 months.
  • Salary$73,478
  • Growth Rate11%
  • Jobs Number87,731
  • Most Common SkillPower Bi
  • Most Common DegreeBachelor's degree
  • Best StateVirginia

What are the pros and cons of being a Reporting Analyst?

Pros

  • Ability to identify trends and insights

  • Strong demand for reporting analysts

  • Room for career growth and advancement

  • Strong earning potential

  • Opportunity to work remotely or on a flexible schedule

Cons

  • Heavy workload and long hours at times

  • Can involve repetitive tasks

  • Limited creativity in the job role

  • Possibility of job automation in the future

  • Can be isolated work, with limited social interaction

Reporting Analyst career paths

Reporting analysts can pursue a variety of career paths, including business analyst, controller, and consultant. They can also transition into senior roles like finance manager, corporate controller, and senior director of finance. Some reporting analysts choose to specialize in areas like finance planning and analysis, while others move into project management or operations management. Additionally, they can pursue roles in strategy, data analysis, and business leadership. Overall, the career paths available to reporting analysts offer a range of opportunities for professional growth and development.

Key steps to become a reporting analyst

  1. Explore reporting analyst education requirements

    The educational requirements for a reporting analyst typically include a bachelor's degree, with 57.14% of reporting analysts holding this level of education. The most common majors for this role are Business, Accounting, Finance, Computer Science, and Economics. According to Dr. Bernard Brooks, Associate Head at Rochester Institute of Technology, "analyzing data will probably be a major part of your first math job. You need to be able to analyze math models." Additionally, Peter Ibbott, Associate Professor of Economics at King's College, suggests that "optimizing your LinkedIn profile and CV are the most basic steps to increase salary potential at the start of your career." For those unable to pursue graduate studies, post-graduate diploma programs through universities or community colleges can provide essential career-oriented skills and open doors to specialized careers in business and finance.

  2. Start to develop specific reporting analyst skills

    A reporting analyst uses various tools to prepare and analyze reports. They automate report creation using scripts and VBA, design reports in Workday, and extract data from multiple sources using SSIS. They also use Microsoft Excel for data analysis and trending, as well as Workday and Hyperion Planning for resource forecasting. They use Crystal Reports and Business Objects for reporting and provide critical training on national security directives. They also manage databases and provide technical assistance on software and hardware.

    SkillsPercentages
    Power Bi9.32%
    Data Analysis8.30%
    Dashboards7.77%
    BI5.87%
    Analyze Data5.55%

    Show more

  3. Complete relevant reporting analyst training and internships

    Accountants spend an average of 6-12 months on post-employment, on-the-job training. New reporting analysts learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as a reporting analyst based on U.S. Bureau of Labor Statistics data and data from real reporting analyst resumes.

  4. Research reporting analyst duties and responsibilities

    They are responsible for preparing and analyzing reports utilizing Microsoft Excel pivot tables and macros. They also automate key reporting metrics and track open, pending, and filled positions for HR personnel. They provide consultation and support on all BI-related requests in other departments to help them obtain data from the data warehouse easily. They collaborate with production managers to draw valid conclusions on future product shipments through historical data collection and forecasting methods.

    • Accomplish in SOX compliance & internal audit & testing, business process documentation and supervising employee.
    • Help manage SOX program for organization including control development.
    • Manage data extractions to review attrition rates, management communication and annual review process through demographics study.
    • Lead development of MicroStrategy base reporting system that clearly highlight previously unclear revenue from different customer segments.
  5. Prepare your reporting analyst resume

    When your background is strong enough, you can start writing your reporting analyst resume.

    You can use Zippia's AI resume builder to make the resume writing process easier while also making sure that you include key information that hiring managers expect to see on a reporting analyst resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.

    Choose From 10+ Customizable Reporting Analyst Resume templates

    Build a professional

    Reporting Analyst

    resume in minutes. Browse through our resume examples to identify the best way to word your resume.

    Then choose from 10+ resume templates to create your Reporting Analyst resume.
  6. Apply for reporting analyst jobs

    Now it's time to start searching for a reporting analyst job. Consider the tips below for a successful job search:

    1. Browse job boards for relevant postings
    2. Consult your professional network
    3. Reach out to companies you're interested in working for directly
    4. Watch out for job scams

How To Become A Reporting Analyst: What It Is and Career Path - Zippia (18)

Are you a Reporting Analyst?

Share your story for a free salary report.

Average reporting analyst salary

The average Reporting Analyst salary in the United States is $73,478 per year or $35 per hour. Reporting analyst salaries range between $56,000 and $95,000 per year.

Average

Reporting Analyst

Salary

$73,478Yearly

$35.33

hourly

More reporting analyst salary info

What Am I Worth?

How To Become A Reporting Analyst: What It Is and Career Path - Zippia (19)

How do reporting analysts rate their job?

Reporting Analyst FAQs

Have more questions?

See all answers to common business and financial questions.

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Updated April 25, 2024

How To Become A Reporting Analyst: What It Is and Career Path - Zippia (20)

Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.

Reporting Analyst Related Careers

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  • Control Analyst
  • Data Analyst
  • Finance Analyst
  • Management Analyst
  • Performance Analyst
  • Planning Analyst
  • Policy Analyst
  • Process Analyst
  • Procurement Analyst
  • Program Analyst

Reporting Analyst Related Jobs

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  • Policy Analyst Jobs
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  • Zippia Careers
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How To Become A Reporting Analyst: What It Is and Career Path - Zippia (2024)

FAQs

What is the career path of a reporting analyst? ›

Reporting Analyst career paths

Reporting analysts can pursue a variety of career paths, including business analyst, controller, and consultant. They can also transition into senior roles like finance manager, corporate controller, and senior director of finance.

What do you need to be a reporting analyst? ›

As a reporting analyst, you must have a bachelor's degree in business, finance, information systems or a related field. You should also have advanced skills in SQL and Microsoft Excel, among other software programs. However, no formal certification is required for these.

What is the career path of a financial reporting analyst? ›

A financial analyst can progress through a number of different roles as they gain more experience and expertise in their field. Some of the potential career paths for a financial analyst include senior financial analyst, manager of financial planning and analysis, director of finance, and chief financial officer.

How to become a data analyst in Zippia? ›

Key steps to become a data analyst
  1. Explore data analyst education requirements. ...
  2. Start to develop specific data analyst skills. ...
  3. Complete relevant data analyst training and internships. ...
  4. Research data analyst duties and responsibilities. ...
  5. Prepare your data analyst resume. ...
  6. Apply for data analyst jobs.

How do I prepare for a career as an analyst? ›

How to Become a Data Analyst (with or Without a Degree)
  1. Get a foundational education.
  2. Build your technical skills.
  3. Work on projects with real data.
  4. Develop a portfolio of your work.
  5. Practice presenting your findings.
  6. Get an entry-level data analyst job.
  7. Consider certification or an advanced degree.
Apr 19, 2024

What is the job profile for reporting analyst? ›

Reporting Analyst job profile

Reporting Analyst is a professional who is responsible for analyzing and interpreting data to provide insights that support business decisions. Reporting Analysts create and maintain reports, dashboards, and other data visualization tools to communicate findings to stakeholders.

What qualifies you as an analyst? ›

A business analyst must have a bachelor's degree in a relevant field such as business, finance, economics, information technology, or a related discipline is often a minimum requirement. Some positions may require or prefer a master's degree, particularly for more senior or specialized roles.

Is reporting analyst the same as data analyst? ›

A reporting role primarily involves creating and presenting reports based on predefined metrics or key performance indicators. It emphasizes the presentation of data in a clear and concise manner. A data analyst, on the other hand, is responsible for conducting more in-depth analysis of data.

What degree do you need for reporting? ›

Bachelor's Degree Programmes
B.J (Bachelor of Journalism)B.A. (Bachelor of Arts) Journalism
B.A. in (Journalism and Communication Studies)B.M.M. (Bachelor of Mass Media)
B.A. (Mass Communication)B.M.C. (Bachelor of Mass Communication)

What is the career path for a financial analyst? ›

Financial analysts typically start by specializing in a specific investment field. As they gain experience, they can become portfolio managers and select the mix of investments for a companys portfolio. They can also become fund managers and manage large investment portfolios for individual investors.

What is the role of a financial reporting analyst? ›

Classification Responsibilities: A Financial Reporting Analyst is responsible for developing internal and external financial statements and reports; preparing detailed financial records; and reviewing and analyzing current and future reporting needs within the Office of Management and Budget (OMB) and/or Financial ...

Do financial analysts make 6 figures? ›

As with any industry, the totals can vary by area, but about half of FAs make around or more than $100k / year. Meaning that you have about a 50% shot at making six figures or more as an FA.

Can I apply data analyst for no experience? ›

A job in data analysis might be intimidating, especially for individuals without any expertise in the industry. The good news is that you don't need any experience to become a data analyst.

How does Zippia estimate salary? ›

To create our salary estimates, Zippia starts with data published in publicly available sources such as the U.S. Bureau of Labor Statistics (BLS), Foreign Labor Certification Data Center (FLC), Office of Personnel Management (OPM) and others.

How to become a data analyst with no degree or experience? ›

1. Complete a project-based data analytics certification. You don't need a full-blown degree to become a data analyst, but you do need a structured and formal approach to learning the necessary skills. The best (and most flexible) way to do so is through a project-based course.

What is the next level after analyst? ›

Eventually, business analysts progress into supervisory and management positions, using data science to guide company decisions. A business analyst may even become an executive or member of a company's C-suite, strategizing a company's path forward.

Is reporting analyst the same as business analyst? ›

Generally: * A business analyst starts with business needs, and produces formalized business requirements and business cases. * A reporting analyst starts with business requirements, and produces reports and dashboards.

What is the career path after data analyst? ›

You might start out as a data analyst before advancing to senior-level analyst, analytics manager, director of analytics, or even chief data officer (CDO). If you're interested in pursuing this path, you'll want to focus on developing your leadership skills alongside your data skills.

What is the career path for a news reporter? ›

As you advance through different jobs in journalism, you'll take on greater responsibilities and can move into new roles such as manager, editor or news anchor. Becoming a news director or manager of a radio or TV station is another option.

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