Professionals desirous to department into monetary planning and evaluation had higher be sure that their spreadsheet abilities are as much as snuff, as a result of a latest research discovered that greater than three-quarters of all job listings on this space require proficiency in Microsoft Excel.
The research, performed by Excel options agency Datarails, concerned analyzing 500 open FP&A positions within the U.S., at firms starting from 1,700 to 1.5 million workers throughout all kinds of sectors. The job listings examined have been dated between February and June 2022 on job websites Certainly, LinkedIn and Glassdoor.
What they discovered was that 76% of those jobs checklist proficiency with Microsoft Excel as a requirement. This contains 9 out of 10 of the most important U.S. firms primarily based on market cap; and even then, whereas the one exception — Alphabet — didn’t particularly identify Excel, it nonetheless demanded spreadsheet expertise.
“On the subject of the very important work of funds, money flows, and forecasting carried out by monetary planning & evaluation leaders within the largest firms within the U.S., Excel nonetheless stays the canvas that finance groups depend on to create concepts and fashions. The flexibleness, familiarity and independence of Excel stays a core a part of U.S. monetary processes for all candidates. Although we’ve got heard concerning the so-called loss of life of Excel for a very long time, it stays alive and kicking within the largest firms on this planet,” mentioned Didi Garfunkle, co-founder and CEO, in a press release.
The research additionally discovered that 34% of FP&A positions require an MBA, whereas 15% require a candidate be a CPA.