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Associate Forecasting Analyst Jobs in Illinois (NOW HIRING)

Performs inventory forecast analysis based on sales history and customer demand. * Maintain quality ... Associate degree, or 3 years of procurement experience. * Proven experience in procurement, or ...

Performs inventory forecast analysis based on sales history and customer demand. * Maintain quality ... Associate degree, or 3 years of procurement experience. * Proven experience in procurement, or ...

Performs inventory forecast analysis based on sales history and customer demand. * Maintain quality ... Associate degree, or 3 years of procurement experience. * Proven experience in procurement, or ...

IL ยท On-site

$85K - $94K/yr

Job purpose The Associate Demand Planner is a key member of the Supply Chain team and is ... Perform forecast variance analysis and communicate drivers of change and potential risks ...

Senior Financial Analyst

Deerfield, IL ยท On-site

$79K - $127K/yr

Emphasis on forecasting, analyzing current performance through the creation and monitoring of ... Provides guidance and training to associate analysts and analysts on financial modeling, data ...

Senior Financial Analyst

Deerfield, IL ยท On-site

$79K - $127K/yr

Emphasis on forecasting, analyzing current performance through the creation and monitoring of ... Provides guidance and training to associate analysts and analysts on financial modeling, data ...

Financial Analyst

Chicago, IL ยท On-site +1

$35 - $40/hr

The role typically involves budgeting, forecasting, variance analysis, and management reporting ... In addition, our associates may be eligible for paid leave including Paid Sick Leave or any other ...

At Rural King, we value our associates and strive to create a positive, rewarding workplace. We ... This position assists in analyzing sales data, forecasting demand, and implementing replenishment ...

Financial Analyst II

Bolingbrook, IL ยท Hybrid

$66K - $86K/yr

It's all part of the daily experience of our Finance & Accounting associates. If you want a ... Close/Forecast/Budget Management: * Partner with Accounting and cross-functional business leaders ...

Financial Analyst II

Bolingbrook, IL ยท Hybrid

$66K - $86K/yr

It's all part of the daily experience of our Finance & Accounting associates. If you want a ... Close/Forecast/Budget Management: * Partner with Accounting and cross-functional business leaders ...

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Associate Forecasting Analyst information

What are some common challenges faced by associate forecasting analysts, and how can they effectively address them?

Associate Forecasting Analysts often encounter challenges such as managing incomplete or inconsistent data, adapting to rapidly changing market conditions, and balancing multiple projects with tight deadlines. To address these challenges, it's important to communicate proactively with cross-functional teams, leverage advanced analytical tools, and stay updated on industry trends. Developing strong collaboration skills and being detail-oriented can help ensure forecasts are both accurate and actionable, which is highly valued by employers.

What does an associate forecasting analyst do?

An Associate Forecasting Analyst is responsible for collecting and analyzing data to predict future trends in areas such as sales, inventory, or customer demand. They work closely with senior analysts and other departments to develop models that support business planning and decision-making. Their tasks often include preparing reports, maintaining forecasting tools, and making recommendations to improve accuracy and efficiency. The role typically requires strong analytical skills, attention to detail, and proficiency with statistical software.

What are the key skills and qualifications needed to thrive as an associate forecasting analyst, and why are they important?

To thrive as an Associate Forecasting Analyst, you need strong analytical skills, proficiency in statistics, and a bachelor's degree in finance, mathematics, economics, or a related field. Familiarity with forecasting software, Excel, SQL, and statistical tools like R or Python is typically required. Attention to detail, effective communication, and the ability to solve problems collaboratively are standout soft skills for this role. These competencies ensure accurate predictions, data-driven decision-making, and successful cross-functional teamwork in dynamic business environments.

What is the difference between Associate Forecasting Analyst vs Data Analyst?

AspectAssociate Forecasting AnalystData Analyst
Required CredentialsBachelor's degree in finance, economics, or related field; some roles may prefer certifications in data analysis or forecastingBachelor's degree in statistics, mathematics, computer science, or related field; certifications like Microsoft Excel or SQL are common
Work EnvironmentFinancial or business analytics teams, often in corporate or consulting settingsData-focused teams across various industries, including finance, healthcare, and marketing
Employer & Industry UsageFinancial institutions, consulting firms, corporate finance departmentsVarious industries including finance, healthcare, marketing, and technology

The Associate Forecasting Analyst primarily focuses on developing financial and business forecasts using statistical models, while Data Analysts handle broader data collection, analysis, and reporting tasks. Both roles require strong analytical skills and familiarity with data tools, but the Forecasting Analyst specializes more in predictive modeling within finance or business contexts.

What are the most commonly searched types of Forecasting Analyst jobs in Illinois? The most popular types of Forecasting Analyst jobs in Illinois are:
What job categories do people searching Associate Forecasting Analyst jobs in Illinois look for? The top searched job categories for Associate Forecasting Analyst jobs in Illinois are:
What cities in Illinois are hiring for Associate Forecasting Analyst jobs? Cities in Illinois with the most Associate Forecasting Analyst job openings:

Associate Director, Forecasting - Immunology

Allergan

Mettawa, IL โ€ข On-site

$120 - $170/hr

Other

Medical, Dental, Vision, Retirement, PTO

Posted 2 days ago

New


Job description

Job Description

The Immunology Sales Forecasting Associate Director (RINVOQ Dermatology) will lead the creation of sales forecast analytical process for RINVOQ within the RINVOQ Dermatology Franchise. The position is responsible for developing accurate/timely projections of commercial product volumes for all Plan, Update, LBE, LRP, Portfolio and Actual submissions. The individual builds and maintains knowledge of the business through close communication across a variety of crossโ€‘functional partners including executives, Marketing & Sales Management, Analytics and Performance Excellence, Market Access, and Commercial Finance.

Key Responsibilities Include
  • Leads and develops accurate product sales projections to be utilized in Plan, Update, LBE, LRP and Portfolio submissions, including market and competitive landscape forecasts, using sound analytical assumptions and effective communication of rationale/methodology with close collaboration and guidance from the Immunology Forecasting Director and Controller/Immunology VP.
  • Support the launch readiness of RINVOQ Dermatology indications and the transition of pipeline asset forecasting from PCS within the RINVOQ Dermatology Franchise, as applicable.
  • Support H2H/clinical studies readiness impacting the RINVOQ Dermatology Franchise in liaison with Marketing and PCS.
  • Support the communication of monthly actual sales results/future period volume forecasts to Finance Management, Commercial VPโ€™s, and General Managers.
  • Work directly with Commercial, Pricing, Finance and Analytics and Performance Excellence teams to address various business issues and provide solutions through analytical problem solving, defining risks and opportunities associated with the forecast. Supports Commercial VPs and Director of Forecasting in creating a cohesive and insightful RINVOQ sales story.
  • Manage and support development of one direct report.
  • Drive adโ€‘hoc analytical support on various business needs including product launch scenarios, channel/product mix impacts, patient flow scenarios, ADS, and other key business drivers.
  • Drive enhancement, simplification, and standardization of financial models, processes, and forecasting deliverables to help ensure forecast accuracy and robust analytics of business environment.
Qualifications
  • BS/BA in Analytics, Mathematics/Statistics, Business, Economics, Finance, Accounting, Operations, or Marketing.
  • Requires 7โ€‘10 years of combined experience in analytics, forecasting, and/or financial planning and analysis.
  • Must have strong analytical, technical, and problemโ€‘solving skills, along with good interpersonal skills to effectively work with all levels of management.
  • Ability to triangulate a wide variety of data sets and analytics (e.g., market research, competitive events, prescriptions, epidemiology, patient flow, etc.) to inform forecasting and financial impacts.
  • Agility to prioritize and quickly understand issues and assess data integrity is critical due to challenging deadlines.
  • Strong Microsoft Excel/PowerPoint and financial modelling skills are required.
  • Ability to work independently and selfโ€‘starter, supporting the business and forecasting leadership.
  • Excellent communication and presentation skills.
  • Previous pharmaceutical and forecasting experience is preferred.
Additional Information
  • The compensation range described below is the range of possible base pay compensation that the Company believes in good faith it will pay for this role at the time of this posting based on the job grade for this position. Individual compensation paid within this range will depend on many factors including geographic location, and we may ultimately pay more or less than the posted range. This range may be modified in the future.
  • We offer a comprehensive package of benefits including paid time off (vacation, holidays, sick), medical/dental/vision insurance and 401(k) to eligible employees.
  • This job is eligible to participate in our longโ€‘term incentive programs.

Note: No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, incentive, benefits, or any other form of compensation and benefits that are allocable to a particular employer remains in the Companyโ€™s sole and absolute discretion until paid and may be modified at the Companyโ€™s sole and absolute discretion, consistent with applicable law.

AbbVie is an equal opportunity employer and is committed to operating with integrity, driving innovation, transforming lives and serving our community. Equal Opportunity Employer/Veterans/Disabled.

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