Gagan Sidhu said:
Hi,
I have applied for noc 1112. Now i am worried abt my job duties mentioned on the reference letter:--
• Responsible for day- to-day general ledger accounting and reconciliation, financial reporting and analysis for assigned functional areas.
• Assist in preparing operating, investment budgets and analyze investment plans.
• Perform monthly balance sheet, income statement and changes in financial position/budget variance analysis.
• Assist with the new business process and working with Financers and Business Managers.
• Responsible for planning short-term and long-term cash flows and assess financial performance.
• Analyze data to ensure proper accounting procedures have been followed.
• Demonstrate insightful use of financial analysis techniques, tools, and concepts in order to drive business results.
Someone plz advice if it is good..
Thx
Hi, you should have prepared your experience letter to match what was on the NOC list as closely as possible. THis does not mean you should directly copy them but rephrase your role to closely align with what is on the NOC list. THe review officers are not subject matter experts but clerical persons who want to see a match between your roles and what is on the NOC list. See the roles on the NOC list below for your review. You may be fortunate that your application pulls through, keep hope up.
Main duties for 1112 Financial and investment analysts
Financial analysts perform some or all of the following duties:
Evaluate financial risk, prepare financial forecasts, financing scenarios and other documents concerning capital management, and write reports and recommendations
Plan short- and long-term cash flows and assess financial performance
Analyze investment projects
Advise on and participate in the financial aspects of contracts and calls for tender
Follow up on financing projects with financial backers
Develop, implement and use tools for managing and analyzing financial portfolio
Prepare a regular risk profile for debt portfolios
Assist in preparing operating and investment budgets.
Investment analysts perform some or all of the following duties:
Collect financial and investment information about companies, stocks, bonds and other investments using daily stock and bond reports, economic forecasts, trading volumes, financial periodicals, securities manuals, company financial statements and other financial reports and publications
Examine and analyze financial and investment information collected, including profiles of companies, stock and bond prices, yields and future trends and other investment information
Provide investment advice and recommendations to clients, senior company officials, pension fund managers, securities agents and associates
Prepare company, industry and economic outlooks, analytical reports, briefing notes and correspondence.