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Data Reporting Analyst Duties and Responsibilities
The type of organization a data reporting analyst works for will determine the exact duties and responsibilities they carry out. Based on job listings we analyzed, their duties typically involve:
Gather Information from Data Sources Before they can analyze information, data reporting analysts need to gather the data from primary or secondary sources, which they maintain using organized data systems.
Interpret Data Data reporting analysts use statistical techniques to interpret the results from the data they acquired so that they can use the information to create regular reports.
Develop Databases Using data collection systems and analytical techniques, data reporting analysts implement databases and other strategies to optimize the statistical efficiency and quality of the data they work with. This includes filtering and cleaning the data by reviewing computer reports and performance indicators to correct any code problems.
Identify Trends Data reporting analysts review information to identify and interpret any patterns or useful trends in complex data sets.
Prioritize Business Goals Data reporting analysts work closely with management to prioritize business needs and stay up to date with the goals of the organization as they evolve. These analysts also work with other departments to find new ways to improve opportunities.
Data Reporting Analyst Skills and QualificationsData reporting analysts should work well within a team and have great math, writing, and analytical skills. Typically, employers require a bachelor's degree in mathematics, statistics, or data science, as well as the following abilities:
- Analytical thinking - analyzing data is a key part of this role, so candidates for this position should be able to spot trends and anomalies within statistical data. This includes using reporting and statistics tools
- Mathematics - due to the nature of the job, math skills are important to success. Applicants should be familiar with accounting practices and software
- Computer skills - data reporting analysts work with various software packages, from reporting tools to statistical applications, so strong job candidates are able to quickly pick up new computer programs and use them efficiently
- Team collaboration - data reporting analysts often work as part of a team, coordinating closely with other departments within a company, so strong communication and interpersonal skills are a must
- Organization skills - data reporting analysts typically work in dynamic environments where numerous projects occur at the same time, so the ability to stay organized is important
Data Reporting Analyst Education and TrainingThe minimum requirement to become a data reporting analyst is a bachelor's degree in data science, statistics, or mathematics, although most companies prefer candidates with a master's in business administration. Candidates should also have strong report writing skills and experience with reporting and statistical analysis software.
Data Reporting Analyst Salary and OutlookThe median annual salary for data reporting analysts is nearly $58,000, according to PayScale. Data reporting analysts in the 10th percentile earn around $41,000 annually, while the highest paid earn up to $82,000 a year. Some companies offer up to $10,000 in bonuses based on individual or group performances, and up to $9,000 in profit-sharing opportunities. Over 75 percent of employers offer dental plans and medical insurance as part of their benefits package. The Bureau of Labor Statistics expects employment in this sector to grow 23 percent through 2026.
We've collected some of the best resources to help you learn more about becoming a data reporting analyst:
Data Scientist & Analyst - this LinkedIn group has over 5,000 members and is a useful place to network, learn from others in the industry, and share knowledge
Data Analyst - with the quantity of data that businesses create, the demand for data analysts is constantly growing. This book helps aspiring data analysts learn what skills they need for a typical job, the regulations that must be adhered to, and the role's day-to-day duties Top Data Analyst Questions and Answers - this guide helps readers prepare for interviews for data analyst roles, highlighting the most commonly asked questions and the best answers to give to secure a position
Cross Validated - this useful question-and-answer site is handy for anyone working with statistical data or data mining, including experienced data reporting analysts and those new to the role. It's a great way to resolve professional questions with insight from experienced colleagues in the industry
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