Looking out for a Microsoft Excel Expert? Need to know how and where to find the best candidates? Here is a comprehensive guide to finding the best Microsoft Excel Experts. Read on!
How to hire a Microsoft Excel Expert?
Microsoft Excel has been in the market for over 30 years. It is spreadsheet software for data analysis and documentation. The program has become versatile. Microsoft Excel Professionals can perform activities like collection and verification of business data, administrative and managerial duties.
We can use Microsoft Excel for accounting and budgeting, data analysis, making reports and visualizing, and forecasting. In this blog, we will try to answer questions you may have about Excel consultants or Excel gurus for hire. Excelforfreelancers will find this article useful.
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Hiring market for Microsoft Excel Experts
We use Excel for data analysis and manipulation. It a popular business intelligence tool. Excel is evolving now has sophisticated mathematical, statistical, and logical functions. We can use the program for data visualization, prediction, and modeling.
With AI capabilities and the potential to integrate with other applications and cloud services, excel is here to stay. Its comparatively low cost makes it the ideal option for SME enterprises. Many jobs ask for Microsoft Excel certifications.
Experts excel professionals can work in various professions. Some professionals using excel are paralegals, IT specialists, data administrators, etc. The table below is an outlook for Excel experts:-
Job | Median Salary | % Growth and Decline |
Paralegal | $51740 | 10% |
Administrative Assistant | $39850 | -9% |
Office Manager | $96940 | 6% |
IT Support Technician | $54760 | 8% |
Database Specialist | $132500 | 10% |
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Top 15 recent job titles for Microsoft Excel Experts
Whether you are looking for a job as an ms excel consultant or professional excel expert. Here are the top 15 job titles for Microsoft excel expert,
1. Accountants and Auditors
The format of excel makes it ideal for tracking accounting transactions. These professionals use Excel to create and analyze cash flow, income statements, balance sheets, and tax returns. Salary for accountants and auditors is $70,500/year.
2. Administrative Assistant
Administrative assistants, secretaries, and official clerks use Excel to prepare reports, organize documents, manage records, schedule appointments, etc. The salary of an administrative assistant is approximately $38,880/year.
3. Business Analyst Microsoft Excel Expert
The business analyst analyzes documents, processes and assesses business to identify areas and give solutions to maximize profitability. The business analyst’s salary is $63120/year.
4. Cost Estimator Microsoft Excel Expert
Cost estimators work with project managers and engineers to make accurate estimates of money, time, and labor for a project. The estimator uses excel to input all required variables and compute the benchmark quantities. The average salary of a cost estimator $64040/year.
5. Teachers and Teaching Assistants
Teachers and teaching assistance use Excel to track the performance of students and map out the lesson plan. Teachers can record contact details and the grades of students easily on Excel. Excel is used for research. The average salary of a teacher in the US is $58,600/year.
6. Financial Analyst Microsoft Excel Expert
The financial analyst helps businesses and individuals make informed investments and loan decisions. Excel helps them analyze different data sets. The average salary of a financial analyst is $85660/year.
7. Banker and Loan Officers
Bankers use Excel to manipulate and interpret banking data. Excel helps to make analyzing large databases of their customers easy. The average salary of a banker in the US is $72802/year. Loan officers use Excel to map out the mortgage qualification of a person or organization applying for a loan. The national median salary of a loan officer is $45210/year.
8. Market Researcher Microsoft Excel Expert
Marketing researchers need to have creativity, analytical thinking, and research skill. They gather, manipulate and interpret field data. Excel helps market researcher collates the data and analyzes it. The average salary of a market researcher is $63120/year.
9. Digital Marketers
Digital marketers use Excel to improve their productivity. The program allows digital marketers to present their data effectively. They can use it to track their productivity and schedule marketing activities. Excel helps them keep track of important digital marketing metrics like SEO and manage campaigns better. The salary of a digital marketer is $ 57360/year.
10. Project Managers
Project managers work in both IT companies and brick and motor companies. They plan, coordinate, and supervise the project. Part of their responsibility includes managing cost, assigning responsibilities, and ensuring the project gets completed on schedule and within budget. Microsoft Excel is an invaluable tool to work efficiently. The average salary of a project manager is $93170/year.
11. Microsoft Excel Expert Marketing Managers
Responsibilities of a marketing manager are creating the marketing budget, negotiates contracts, works with advertisement agencies, monitor the effectiveness of the marketing campaign, etc for their firm. Marketing managers use Excel to compare two sets of data. They use Excel to summarize the data, use charts to give a visual representation of the data. The average salary of $65,834 a year.
12. Microsoft Excel Expert Budgeting Specialists
Budgeting Specialists help project managers with managing the money, time, and labor needed to finish each project. They use Excel to calculate estimates. Excel helps them keep track of the projects and use past data to avoid past mistakes.
13. Retail Store Manager
A retail store manager ensures the smooth running of the store. They oversee and manage staff and monitor inventory. The retail store manager helps to maximize profits. They use Excel to prepare budgets, analyze customer and sales trends, and map expenditure. The national average of a retail manager $396417/year.
14. Microsoft Excel Expert Data Journalist
Data journalist uses statistics to provide deeper insight into news stories. They use excel to keep their data organized and analyze it. The journalist uses Excel to clean the data. The average salary of a data journalist is $56715/year.
15. Information Clerk
An information clerk helps the customer by providing information regarding a product, business, or service. They collect a variety of data and make reports based on it. The average salary of an information clerk is $26992/year.
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Qualifications to look for in Microsoft Excel Expert
There is no qualification required to become ms excel experts. Several Microsoft excel experts have a degree in business, finances, statistics. The best universities for undergraduate business programs are,
- University of Pennsylvania
- Massachusetts Institute of Technology
- University of California- Berkeley
- University of Michigan – Ann Arbor
- New York University
The best universities for undergraduate finance programs are,
- University of Pennsylvania
- New York University
- University of Michigan – Ann Arbor
- Massachusetts Institute of Technology
- University of California – Berkeley
The best universities for undergraduate statistics programs are,
- Harvard University
- Carnegie Mellon University
- University of Chicago
- The University of Illinois at Urbana Champaign
- University of California – Berkeley
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Skills to look for in Microsoft Excel Experts
When you hire excel experts or Microsoft excel consultants you need to ascertain their skills. Microsoft Excel skills can be subdivided into three layers,
- Basic excel skills – This includes knowledge of common shortcut keys used in Excel, using cell references, and range with data. Different view options like zooming in and out, showing formulas, and basic formatting.
- Intermediate excel skills include more advanced formulas and functions such as SUM, AVERAGE, and SUMPRODUCT. An intermediate excel user should have a working knowledge of charting.
- Advanced excel skills include mastery over formulas, VBA programming, and other excel features handling complicated tasks.
Six advanced Excel skills to look for,
- VLOOKUP is a function to look up a value in a table and retrieve data from a specific column.
- INDEX MATCH is made of a combination of two excel functions – Index and Match.
- Advanced Conditional Formatting: Conditional formatting helps to a great way to design a spreadsheet as it gives a user a quick way to add a visual analysis layer on a data set. Commonly used visual analyses are heat maps and Harvey bubbles.
- Pivot tables and reporting is an excellent feature used for creating reports for large data sets.
- Macro and VBA – Macro is a small computer program that will do an action or set of actions once turned on. Macros are written using VBA (Visual Basic for Application) language stored in a module.
- Data Simulation – A simulation usually entails making mathematical models that will represent the characteristics of a system.
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Certifications to look for in Microsoft Excel Experts
If you are looking for excel experts for hire, you may find that someone proficient in excel is not enough. Microsoft Excel Certification is globally recognized certifications that give excel professional an edge.
Some of the certifications available are Microsoft Excel Expert in Excel and Excel 2019. This certificate ensures excel expert has the ability in creating, managing, and distributing professional spreadsheets for specialized purposes and situations. Some courses that may be taken by Excel specialist are,
- Excel for Business Specialization (Coursera)
- Excel Essential Training (LinkedIn Learning)
- Microsoft Excel – Basic and Advanced (GoSkill)
- Data Visualization Skill with Advanced Excel (Coursera)
- Introduction to Data Analysis using Excel (Coursera)
- Introduction to Data Analysis using Excel (edX)
- Learning VBA in Excel (LinkedIn Learning)
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Rate per hour of Microsoft Excel Expert
If you want to hire an Excel expert it is useful to know the salary of the candidate. Thanks to the option of hiring a remote Microsoft excel consultant you can hire the best candidates. The Excel consulting rates can depend on the experience, qualification, and location of excel experts.
The average annual salary of a Microsoft Excel professional in the US is $47,621 to$53044, which works out to 22.89/hour or $3968/month. The excel consultant salary in the UK can range from £20,000 – £23,000. An excel expert salary in India can range from 150,000 to 480000 INR.
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Top 10 job boards to find the best Microsoft Excel Experts
If you need to hire an Excel expert you have a few options, you can post requirements for jobs for excel experts in various job portals or hire Excel professional services. The top 10 boards to find the best expert in excel are,
- Indeed
- Freelancer
- unremot.com
- Upwork
- ZipRecruiter
- Flexjobs
- Dice
- SimplyHired
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Top 10 companies hiring Microsoft Excel Expert and salaries offered
If you are looking for excel expert jobs, here are the top companies hiring Microsoft Excel experts,
- The UPS Store – The UPS Store is a world-class courier provider. The salary of a center associate of UPS Store Executive ranges from $25000 to $34000/year.
- Amazon.com – Amazon is one of the largest e-commerce websites. The customer service manager at Amazon can range from $25000-$34000/year.
- Change State – Change State is recruitment firms that manage their client’s accounts. The salary of a client service expert at Change State can range from $65000 to $75000/year.
- AM Trace LLC – AM Trace LLC is a company providing healthcare technology solutions. A data specialist at AM Trace LLC $32000-$46000/year.
- Viacom – Viacom is one of the largest producers of television animation. A cultural consultant at Viacom can earn approximately $46000 to $63000/year.
- Informa – Informa is a British multinational publishing company. The salary of a marketing assistant at Informa is approximately $40000/year.
- Cigna Corporation – Cigna Corporation is a global health service company providing health and well-being and peace of mind. The estimated salary of a customer service associate representative ranges from $29000-$38000/year.
- UPMC Health Plan – The UPMC is a health insurance provider. The estimated salary of a health care concierge working at UPMC ranges from $24000 to $33000/year.
- Liberty Mutual Insurance – Liberty MutualMutual Insurance is an insurance company. The customer service representative working at Liberty Mutual Insurance estimated salary is $40000/year
- Sedgwick – Sedgwick is a third part TPA. The salary of a service center associate at Sedwick can range from $26000 to $38000/year.
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Top 10 interview questions for Microsoft Excel Experts
Before you hire excel for freelancers or Microsoft excel consultants it is important to interview the candidate.
Question 1: What are the different data formats in Excel?
Rationale: This is question helps to analyze the candidate’s basic knowledge
Answer: The following data formats are available in Excel,
- Text Format
- Number Format
- Date Format
- Accounting / Currency Format
- Percentage Format
Question 2: How will you do if you need help with excel?
Rationale: Excel experts should ask for help when required.
Answer: If I need help I launch excel help by pressing F1if it does not help. I also use Microsoft excel to help chat when required. This lets me consult the best Excel expert help when required.
Question 3: How do you merge cells in Excel?
Rationale: This is a question an excel expert for hire should be able to answer.
Answer: The simple way to merge cells is by selecting the cells that need to be merged and use the “Merge and Center” option in the Alignment group. Selecting “Center Across the selection” will take care of some formatting issues associated with “Merge and center”.
Question 4: How would you highlight cells with negative values?
Rationale: This may be used by data analysts and financial analysts.
Answer 4: I use conditional formatting. We select the relevant cells, click on the conditional formatting option on the home tab. We then select the “Highlight Cell Rules” and click on the “Less than” option to specify values as 0 and the formatting.
Question 5: What is the order of operations used in the Excel Formula?
Rationale: It is challenges knowledge of Excel and challenges Mathematical thinking.
Answer: Excel formula uses PEMDAS i.e. Parenthesis, Exponents, Multiplication, Division, Addition, and Subtraction.
Question 6: What does VLOOKUP do?
Rationale: This question will let you explore the in-depth knowledge of the candidate./
Answer: VLookup is a function that allows us to look up and aggregate data from the other sheets into columns and tables. This helps to show certain relationships and insights.
Question 7: What are the limitation of VLOOKUP?
Rationale: This helps to demonstrate critical thinking useful in analytical roles.
Answer: The major drawback of VLookUP is that it can be broken easily. Any shifting of columns to add new data impacts column index number and the formula needs to be applied.
Question 8: How do you use Pivot tables?
Rationale: Pivot table is an important feature in Excel and is frequently used by professionals.
Answer: Pivot table is an essential tool to summarize, aggregate, reorganize groups, sort, count, average, or compute data stored across the database.
Question 9: What is the difference between function and formula in Excel?
Rationale: This is a question anyone offering Excel pro services should be able to answer.
Answer: Formula is a user-defined expression to calculate a value. Formulas give us the flexibility to have complex and multiple functions. A function is a pre-defined built-in operation that can take a specified number of arguments.
Question 10: What are the top 5 functions of Excel?
Rationale: An excel expert will be using the top 5 questions while using Excel.
Answer: There is over 450 function in excel. The top 5 functions of Excel are,
- VLOOKUP
- COUNTIF
- SUMIF
- IFERROR
- INDEX / MATCH
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