Forecasting Specialist Jobs in Chicago, IL

A Forecasting Specialist in the finance industry is responsible for predicting future financial trends and outcomes based on analysis of past and present data. They utilize statistical techniques and software tools to generate accurate financial forecasts that aid in strategic decision-making processes. Their tasks may include analyzing financial data, generating predictive models, presenting forecast reports, and providing insights on financial risk management. They also work closely with various departments such as sales and marketing to gather relevant data for analysis.

Important skills for a Forecasting Specialist include strong analytical abilities, proficiency in statistical analysis software and programming languages such as SQL or Python, and excellent communication skills to effectively present their findings. In addition, they should have a deep understanding of financial metrics and business operations. Most employers prefer candidates with a degree in Finance, Statistics, Economics, or a similar field. Certifications such as Certified Financial Analyst (CFA) or Certified in Financial Management (CFM) can enhance their credibility. Prior to becoming a Forecasting Specialist, a professional may have roles like Financial Analyst, Data Analyst, or Risk Analyst.

1-15 of 18 Jobs

Sr Zero-Based Budgeting Manager

  • Chicago, IL
  • 2 days ago
  • Chicago, IL
  • 2 days ago

Develop and manage financial models for HR 5.0 business case. Serve as the financial project manager for business case, budget, and performance management projects....

Senior Analyst, Budget & Treasury

  • Chicago, IL
  • 20 days ago
  • Chicago, IL
  • 20 days ago

Develops and maintains spreadsheet-based models of RTA regional financial capacity including a ten-year financial plan as directed by the RTA Act....

Budget Manager

  • Oak Park, IL (7 miles from Chicago, IL)
  • 21 days ago
  • Oak Park, IL (7 miles from Chicago, IL)
  • 21 days ago

Budget Manager DEFINITION Provides highly responsible and complex administrative management to other members of the financial team and prepares and maintains records, financial and statistical...

Financial Planning & Analysis Manager

  • Chicago, IL
  • 22 days ago
  • Chicago, IL
  • 22 days ago

Work closely with senior management to develop forecasts and financial models Analysis and Reporting: Perform timely and accurate financial analysis, including variance analysis and provide insights...

Financial/Budget Manager

  • Lisle, IL (23 miles from Chicago, IL)
  • 23 days ago
  • Lisle, IL (23 miles from Chicago, IL)
  • 23 days ago

Lead financial modeling for pricing, cost structure, and profitability analysis of EV truck products....

Senior Budget Analyst - JR29598-3800

  • Chicago, IL
  • 23 days ago
  • Chicago, IL
  • 23 days ago

models to support budget planning, forecasting, resource allocation decisions Develops and applies financial models to forecast future trends and evaluate the potential impact of strategic initiatives...

Financial Planning Analyst

  • Downers Grove, IL (20 miles from Chicago, IL)
  • 25 days ago
  • Downers Grove, IL (20 miles from Chicago, IL)
  • 25 days ago

the financial planning, management reporting across the balance sheet, cashflow and working capital management for GPN Globally....

Senior Budget Analyst

  • Chicago, IL
  • 29 days ago
  • Chicago, IL
  • 29 days ago

models to support budget planning, forecasting, resource allocation decisions Develops and applies financial models to forecast future trends and evaluate the potential impact of strategic initiatives...

Budget and Finance Analyst

  • Chicago, IL
  • 30+ days ago
  • Chicago, IL
  • 30+ days ago

Location: Chicago, IL Job Description: Provide effort reporting for individual faculty and staffs. Maintaining a department grant portfolio database. Assisting with monthly grant reconciliations....

PWM Financial Planning Analyst

  • Chicago, IL
  • 45+ days ago
  • Chicago, IL
  • 45+ days ago

M/F/D/V Version: 7/10/2024 Morgan Stanley Financial Planning Analyst Job Description Knowledge of financial services products, including but not limited to equities, bonds, options, mutual funds, annuities...

Budget Analyst

  • Chicago, IL
  • 30+ days ago
  • Chicago, IL
  • 30+ days ago

Forest Preserve District of Cook County Job Summary Under the direction and supervision of the Chief Financial Officer or designee, coordinates and supports districtwide activities involving...

Senior Budget Analyst

  • Chicago, IL
  • 30+ days ago
  • Chicago, IL
  • 30+ days ago

Senior Budget Analyst Job Number: 24000416 Posting Date: Dec 19, 2024, 1:21:46 PM Primary Location: Central-42 West Madison Street (Budget and Management Office) CPS Non-Union Job Grade: S07...

Capacity Planning & Forecasting Analyst

  • Chicago, IL
  • 30+ days ago
  • Chicago, IL
  • 30+ days ago

Join a leading fintech company that's democratizing finance for all. Robinhood Markets was founded on a simple idea: that our financial markets should be accessible to all. With customers at the...

Financial Planning & Analysis Manager

  • Rolling Meadows, IL (22 miles from Chicago, IL)
  • 30+ days ago
  • Rolling Meadows, IL (22 miles from Chicago, IL)
  • 30+ days ago

Introduction At Risk Placement Services, we're more than just a team – we thrive on collaboration, creativity, and tackling challenges head-on. Our culture fosters an environment where every idea...

Budget and Finance Analyst

  • Chicago, IL (9 miles from Chicago, IL)
  • 30+ days ago
  • Chicago, IL (9 miles from Chicago, IL)
  • 30+ days ago

Drafts financial models and maintenance of accurate records of spending and budgetary control measures. Responsibilities Provide effort reporting for individual faculty and staffs....

Demographic Data for Chicago, IL

Moving to Chicago, IL? Find some basic demographic data about Chicago, IL below.


Local
National
2,729,418
63,356
Large

Forecasting Specialist Online Courses and Training Opportunities

iHireFinance curates thousands of courses in order to recommend the best ones to help further your career. If you register for a course using the links on our site, we may receive a small commission.
Macroeconometric Forecasting
Learn how to create and assess forecasting models to predict macroeconomic variables such as inflation and economic growth. In this macroeconomics course, you will learn to predict macroeconomic...
Introduction to Forecasting in Business
Whether you need to predict annual sales growth, budgets, or website traffic, forecasting is a powerful decision-making tool for any business. On this one-week course from Deakin University, youll...
Revenue Forecasting and Analysis
Presented by the IMF Fiscal Affairs Department, the course offers hands-on learning that will help students build foundational knowledge on the different quantitative models and techniques that...

Title Synonyms

Users interested in this job title also searched for the following job titles


Salary for Forecasting Specialist Jobs in Chicago, IL

Estimated salary range based on data from US Bureau of Labor Statistics (BLS) and iHireFinance research efforts.

Licensing / Certification

Required or preferred licenses and certifications for Forecasting Specialist positions.



Highest Education Level

Forecasting Specialists in Chicago, IL offer the following education background
Bachelor's Degree
48.7%
Master's Degree
42.8%
Associate's Degree
2.5%
Doctorate Degree
2.2%
Vocational Degree or Certification
1.7%
High School or GED
1.6%
Some College
0.4%
Some High School
0.0%

Average Work Experience
Here's a breakdown of the number of years' experience offered by Forecasting Specialists in Chicago, IL
2-4 years
42.4%
1-2 years
19.8%
4-6 years
12.6%
Less than 1 year
10.5%
8-10 years
7.5%
6-8 years
3.3%
None
2.2%
10+ years
1.8%


Other Career Titles

Here are some other career titles that require similar skills



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