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Associate Forecasting Analyst Jobs in Washington

Fairstead ESC LLC

Development Analyst

Washington, DC · On-site

$85K/yr

... and cash forecast * Analyze General Ledgers, Accounts Payable, rent rolls, T-12s, and other ... Work directly with Senior Associate/Associate on project Requirements: * Bachelor's Degree in ...

Fairstead ESC LLC

Development Analyst

Washington, DC · On-site

$85K/yr

... and cash forecast * Analyze General Ledgers, Accounts Payable, rent rolls, T-12s, and other ... Work directly with Senior Associate/Associate on project Requirements: * Bachelor's Degree in ...

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Associate Forecasting Analyst information

What job is most in demand right now?

Data analysis and forecasting roles, such as Associate Forecasting Analysts, are currently in high demand due to the increasing reliance on data-driven decision making across industries. Skills in statistical modeling, Excel, and data visualization tools like Tableau or Power BI are often required. These positions typically require strong analytical skills and attention to detail.

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.

Will demand planners be replaced by AI?

Demand planners, including Associate Forecasting Analysts, use data analysis and forecasting tools to predict future demand. While AI can automate routine tasks and enhance accuracy, human judgment remains essential for interpreting complex data and making strategic decisions, so complete replacement is unlikely in the near term.

What does a forecasting analyst do?

A forecasting analyst analyzes historical data and market trends to predict future demand, sales, or financial performance. They use statistical tools and software such as Excel or specialized forecasting programs to create models that support business decision-making and planning.

Is forecasting a good career?

Forecasting is a valuable career that involves analyzing data to predict future trends, often requiring skills in data analysis, statistical tools, and software like Excel or specialized forecasting programs. It offers opportunities in various industries such as finance, supply chain, and marketing, with potential for career growth and specialization. Success in this field depends on analytical ability, attention to detail, and continuous learning of industry-specific tools and methods.

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 Washington? The most popular types of Forecasting Analyst jobs in Washington are:
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Associate Forecasting Analyst jobs near you

Development Analyst

Fairstead ESC LLC

Washington, DC

Other

Posted 9 days ago

Job description

The Analyst, Development contributes to all aspects of the company's Affordable Housing Development platform that focuses on housing located throughout the US - inclusive of both acquisition and new construction.

Responsibilities:

  • Review weekly development financial information and revised various trackers which include but not limited, development budget, predevelopment budget, and cash forecast
  • Analyze General Ledgers, Accounts Payable, rent rolls, T-12s, and other property level reports
  • Collect vendor information necessary for setting up AP systems
  • Coordinate meetings for assigned deals both internally and externally for assigned deals
  • Manage shared file management system for assigned deals, daily uploading documents and utilizing proper naming conventions
  • Compile and submit meeting minutes for all attended calls as directed by deal leads
  • Track Invoicing and Accounts Payable across multiple developments and report trends to senior staff
  • Compile monthly construction draws for review and approval by senior development staff
  • Travel to subject properties at the direction of senior staff
  • Assist the group in all aspects of affordable housing acquisition, rehabilitation, and development (Section 8, LIHTC, etc.) in core markets across the US.
  • Compilation of due diligence information including financial, market, site, and regulatory data
  • Coordinate and assist community meetings and governmental approval processes
  • Completion of applications and documentation necessary for debt and equity financing, property purchase and sale, and government subsidy renewal
  • Support detailed analyses of project schedule delays, cost overruns, productivity, contracts, change orders and other issues related to design and construction
  • Coordinate with appropriate personnel including team analysts, clerical support, and others
  • Prepare client communications for senior level review
  • Work directly with Senior Associate/Associate on project

Requirements:

  • Bachelor's Degree in related field, Masters in Real Estate Development or similar degree preferred
  • Demonstrated achievement in relevant coursework such as development, finance, accounting, legal, urban planning.
  • Ability to demonstrate interest in real estate development
  • Strong desire to learn new skills
  • Exceptional research and writing abilities.
  • Strong project management skills
  • Must be a detail-oriented person with outstanding analytical skills.
  • Strong analytical skills and ability to multi-task in a constantly changing environment
  • Highly driven and values entrepreneurialism; works well with limited direction.
  • Strong computer skills, Intermediate to advance Excel Skills strongly preferred.
  • Desire to contribute to the creation and preservation of affordable housing

Apply