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Entry Level Forecasting Analyst Jobs (NOW HIRING)

This individual supports the financial forecasting and analysis specific to the regulated distribution and transmission business segment within FirstEnergy as well as direct coordination on ...

Load Forecasting Analyst

Akron, OH · On-site

$62.90K - $121.20K/yr

This individual supports the financial forecasting and analysis specific to the regulated distribution and transmission business segment within FirstEnergy as well as direct coordination on ...

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Entry Level Forecasting Analyst information

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$54

How much do entry level forecasting analyst jobs pay per hour?

As of May 29, 2026, the average hourly pay for entry level forecasting analyst in the United States is $27.77, according to ZipRecruiter salary data. Most workers in this role earn between $19.23 and $30.05 per hour, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as an Entry Level Forecasting Analyst, and why are they important?

To thrive as an Entry Level Forecasting Analyst, you need strong analytical skills, a solid understanding of statistics, and a bachelor's degree in a quantitative field such as mathematics, economics, or data science. Familiarity with forecasting software, Excel, and data visualization tools like Tableau or Power BI is typically required. Attention to detail, critical thinking, and effective communication are crucial soft skills for interpreting data and sharing insights with stakeholders. These skills and qualities are important because they enable accurate predictions, informed decision-making, and clear communication of complex data findings.

What are some common challenges faced by entry level forecasting analysts, and how can new hires overcome them?

Entry level forecasting analysts often face challenges such as interpreting large datasets, understanding various forecasting models, and communicating complex findings to non-technical stakeholders. New hires can overcome these obstacles by actively seeking mentorship from experienced colleagues, participating in training sessions, and leveraging analytical tools to streamline their workflow. Building strong collaboration with team members in finance, operations, and sales also helps ensure forecasts are accurate and actionable.

What does an Entry Level Forecasting Analyst do?

An Entry Level Forecasting Analyst is responsible for analyzing data to predict future trends, such as sales, demand, or financial outcomes, to help organizations make informed business decisions. They use statistical models, data analysis tools, and historical information to develop accurate forecasts. These analysts often work closely with other departments to gather data, interpret results, and present findings in clear reports or presentations. This role typically serves as a starting point for a career in data analysis, business intelligence, or supply chain management.

What is the difference between Entry Level Forecasting Analyst vs Data Analyst?

AspectEntry Level Forecasting AnalystData Analyst
Required CredentialsBachelor's in Economics, Finance, or related field; basic Excel and statistical skillsBachelor's in Statistics, Mathematics, or related field; proficiency in Excel, SQL, and data visualization tools
Work EnvironmentFinancial, retail, or manufacturing sectors focusing on sales, demand, or financial forecastingVarious industries including healthcare, marketing, finance, analyzing data trends and insights
Employer & Industry UsageUsed by companies needing demand predictions and financial planningUsed across industries for data analysis, reporting, and decision support

While both roles involve data analysis skills, the Entry Level Forecasting Analyst primarily focuses on predicting future trends using statistical models, often within finance or retail sectors. In contrast, Data Analysts handle broader data interpretation and reporting across various industries. The roles share foundational skills but differ in their specific focus and application.

More about Entry Level Forecasting Analyst jobs
What cities are hiring for Entry Level Forecasting Analyst jobs? Cities with the most Entry Level Forecasting Analyst job openings:
What are the most commonly searched types of Forecasting Analyst jobs? The most popular types of Forecasting Analyst jobs are:
What states have the most Entry Level Forecasting Analyst jobs? States with the most job openings for Entry Level Forecasting Analyst jobs include:
Infographic showing various Entry Level Forecasting Analyst job openings in the United States as of May 2026, with employment types broken down into 100% Full Time. Highlights an 87% Physical, 3% Hybrid, and 10% Remote job distribution, with an average salary of $57,761 per year, or $27.8 per hour.
Load Forecasting Analyst

$62.90K - $121.20K/yr

Full-time

Medical, Dental, Vision, Life, Retirement

Posted 25 days ago


FirstEnergy rating

7.7

Company rating: 7.7 out of 10

Based on 65 frontline employees who took The Breakroom Quiz

33rd of 50 rated energy and utility


Job description

FirstEnergy at a Glance

We are a forward-thinking electric utility powered by a diverse team of employees committed to making customers' lives brighter, the environment better and our communities stronger.

FirstEnergy (NYSE: FE) is dedicated to integrity, safety, reliability and operational excellence. Headquartered in Akron, Ohio, FirstEnergy includes one of the nation's largest investor-owned electric systems, more than 24,000 miles of transmission lines that connect the Midwest and Mid-Atlantic regions, and a regulated generating fleet with a total capacity of more than 3,500 megawatts.

About The Opportunity

This is for three open positions with the FirstEnergy Service Company, a subsidiary of FirstEnergy Corp.

This is an onsite role and can report into any of our Corporate locations within the service territory. (OH, PA, MD, WV & NJ)

The Analyst provides financial planning and/or reporting activities as a member of the Strategy organization.  This individual supports the financial forecasting and analysis specific to the regulated distribution and transmission business segment within FirstEnergy as well as direct coordination on FirstEnergy consolidated financial results. The group is also responsible for preparing timely and accurate energy, peak load, and revenue forecasts for use by the business units and management to support decision-making.   

The salary range for this position is $62,900-$121,200 based on experience.

Responsibilities include:

  • Support the customer, energy and revenue forecast processes
  • Represent the Company's energy load forecasts through rate proceedings and other regulatory filings as needed
  • Streamline existing and develop new forecasting processes to improve accuracy and efficiency
  • Effective use of data mining and analytical tools to enhance forecast processes and prepare relevant analyses
  • Evaluate forecast input data for accuracy, with the ability to detect trends and outliers.
  • Support regulatory filings related to forecasts
  • Coordinating periodic actual results and forecasting data reporting, including various forms of financial management schedules
  • Providing excellent customer service through timely and accurate information, analysis and reporting
  • Able to develop positive working relationships with employees at all levels
  • Offer ideas and suggestions to improve complex work processes and projects
  • Supporting the tracking and analysis of the financial key performance indicators
  • Developing effective working relationships with employees at all levels of FirstEnergy
  • Understanding the financial and strategic goals of FirstEnergy
  • Perform various customer analyses by effectively compiling, analyzing and comparing large volumes of billing data
  • Maintain a safe workplace for coworkers 

Qualifications include:

  • Bachelor's degree in Mathematics, Statistics, Economics, Engineering, Computer Science, Information Technology, Business, Finance or related discipline required.  Advanced degree a plus.
  • A minimum of 2 years' relevant work experience is required.  Relevant work experience includes working knowledge of in-depth data analysis, reporting and forecasting processes, rate and regulatory filings, or financial statement analysis.
  • Proficient in Microsoft Office applications (Excel, Word, PowerPoint). 
  • Experience working with large datasets
  • Experience with programming languages, such as Python, R, and SQL a plus.
  • Demonstrate a questioning attitude to learn, produce results, and develop relationships 
  • Strong critical thinking skills
  • Desire to continue to learn and grow
  • Display analytical abilities, including problem solving and decision making
  • Deliver quality, accurate work within established deadlines
  • Sound written and verbal communication skills
  • Ability to work in a team environment
  • Excellent written and oral communication skills
  • Excellent time management skills  

Benefits, Compensation & Workforce Diversity

At FirstEnergy, employees are key to our success. We depend on their talents to meet the challenges of our changing business environment. We are committed to rewarding individual and team efforts through our total rewards philosophy which includes competitive pay plus incentive compensation, a company-sponsored pension plan, 401(k) savings plan with matching employer contribution, a choice of medical, prescription drug, dental, vision, and life insurance programs, as well as skills development training with tuition reimbursement. Please visit our website at www.firstenergycorp.com to learn more about all of our employee rewards programs. FirstEnergy proudly supports workforce diversity. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, or status as a qualified individual with a disability. No recruiters or agencies without a previously signed contract. Unable to sponsor or transfer H-1B visas at this time.

Safety

Safety is a core value for FirstEnergy and is essential to all of our business activities. We ensure employees have the tools, information, and processes to perform their duties in a manner that assures safety for themselves, their co-workers, our customers and the public. Our goals are to provide a safe work environment, to maintain an accident-free, injury-free workplace, and to promote and maintain public safety. To meet these goals, we dedicate ourselves to achieving world-class safety standards.

Position Classification

Exempt

FirstEnergy Human Resources Team


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