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Entry Level Forecasting Analyst Jobs in Chicago, IL

HR Manager

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Assistant Financial Analyst

Elgin, IL · On-site

$50K - $55K/yr

Assistant Financial Analyst (Entry-Level) - Elgin, IL $50,000-$55,000 Annually - Plus full benefits ... Responsibilities: * Assist with basic financial forecasting, reporting, and tracking key ...

New

Cresco Labs

Treasury Analyst

Chicago, IL · On-site

This entry-level role is an excellent opportunity for a motivated finance professional to gain ... Partner with divisional finance teams to support accurate and timely cash flow forecasting

Cresco Labs

Treasury Analyst

Chicago, IL · On-site

This entry-level role is an excellent opportunity for a motivated finance professional to gain ... Partner with divisional finance teams to support accurate and timely cash flow forecasting

Cresco Labs

Treasury Analyst

Chicago, IL

This entry-level role is an excellent opportunity for a motivated finance professional to gain ... Partner with divisional finance teams to support accurate and timely cash flow forecasting

GAINSystems

Professional Services Analyst

Chicago, IL · On-site

... Entry Level About GAINS GAINS is on a mission to make supply chains smarter, faster, and self ... Familiarity with supply chain concepts such as demand forecasting, inventory management, or ...

GAINSystems

Professional Services Analyst

Chicago, IL · On-site

$70K - $100K/yr

... Entry Level About GAINS GAINS is on a mission to make supply chains smarter, faster, and self ... Familiarity with supply chain concepts such as demand forecasting, inventory management, or ...

The LaSalle Group

Supply Chain Coordinator

Rosemont, IL · On-site

$30 - $40/hr

Entering forecasted orders, purchase orders, and order adjustments accurately and on time ... Using Excel and internal systems to analyze large amounts of inventory and SKU data What we're ...

The LaSalle Group

Accounting Manager

Rolling Meadows, IL · On-site

$100K - $120K/yr

Budget development and variance analysis with department heads * Financial forecasting and resource ... entry-level positions to the C-suite. With units specializing in Accounting and Finance ...

Midland

Accountant II

Wheeling, IL · On-site

Execute daily cash positioning and forecasting activities. * Conduct in-depth financial and analytical studies to support management decisions * Develop, analyze and report on key financial metrics ...

DR Horton

Accounting Manager - NW Indiana

Portage, IN · On-site

... the entry-level and first time move-up markets. The Company also provides mortgage financing and ... The right candidate will apply principles of accounting to analyze financial information and ...

Midland

Accountant II

Wheeling, IL · Hybrid

Execute daily cash positioning and forecasting activities. * Conduct in-depth financial and analytical studies to support management decisions * Develop, analyze and report on key financial metrics ...

Midland

Accountant II

Wheeling, IL · On-site

$75K - $85K/yr

Execute daily cash positioning and forecasting activities. * Conduct in-depth financial and analytical studies to support management decisions * Develop, analyze and report on key financial metrics ...

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Entry Level Forecasting Analyst information

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

As of Jul 29, 2026, the average hourly pay for entry level forecasting analyst in Chicago, IL is $28.61, according to ZipRecruiter salary data. Most workers in this role earn between $19.81 and $30.96 per hour, depending on experience, location, and employer.

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 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 does a forecasting analyst do?

A forecasting analyst analyzes data to predict future trends and outcomes, often using statistical models and software tools like Excel or specialized forecasting programs. They help organizations make informed decisions related to sales, inventory, or financial planning by interpreting historical data and identifying patterns.

Will demand planners be replaced by AI?

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

What job is most in demand right now?

Entry Level Forecasting Analysts are in demand as companies seek professionals skilled in data analysis, statistical modeling, and forecasting tools like Excel and Python. These roles are common in finance, supply chain, and marketing sectors, often requiring strong analytical skills and attention to detail.

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.

How to become a forecast analyst?

To become a forecast analyst, typically a bachelor's degree in finance, economics, statistics, or a related field is required. Developing skills in data analysis, forecasting methods, and tools like Excel, SQL, or specialized software is essential, along with gaining experience through internships or entry-level positions in data analysis or finance.

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.

What is the salary of forecasting analyst?

The average salary for an entry-level forecasting analyst at Amazon typically ranges from $55,000 to $75,000 annually, depending on location and experience. Salaries may also include benefits such as health insurance and performance bonuses, and the role often requires proficiency in data analysis tools like Excel, SQL, or Python.
What are the most commonly searched types of Forecasting Analyst jobs in Chicago, IL? The most popular types of Forecasting Analyst jobs in Chicago, IL are:
What are popular job titles related to Entry Level Forecasting Analyst jobs in Chicago, IL? For Entry Level Forecasting Analyst jobs in Chicago, IL, the most frequently searched job titles are:
What job categories do people searching Entry Level Forecasting Analyst jobs in Chicago, IL look for? The top searched job categories for Entry Level Forecasting Analyst jobs in Chicago, IL are:
What cities near Chicago, IL are hiring for Entry Level Forecasting Analyst jobs? Cities near Chicago, IL with the most Entry Level Forecasting Analyst job openings:
Entry Level Forecasting Analyst jobs near you
Infographic showing various Entry Level Forecasting Analyst job openings in Chicago, IL as of July 2026, with employment types broken down into 67% Full Time, and 33% Part Time. Highlights an 100% In-person job distribution, with an average salary of $59,503 per year, or $28.6 per hour.
Assistant Financial Analyst

Assistant Financial Analyst

HR Manager

Elgin, IL • On-site

$50K - $55K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 18 hours ago

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Job description

Assistant Financial Analyst (Entry-Level) - Elgin, IL
$50,000–$55,000 Annually – Plus full benefits

A career at our company is like a map full of opportunities to explore. We believe in helping early-career professionals build a strong foundation, gain hands-on experience, and grow with the support of a collaborative team. If you enjoy working with numbers and communicating insights to others, this role is a great place to start.

We are currently seeking an Assistant Financial Analyst (Entry Level) to join our finance team. This position is ideal for someone who is eager to learn.

In this role, you will support senior financial team members by analyzing data, preparing reports, and helping communicate financial information to internal teams and external partners. You’ll gain exposure to real-world financial decision-making while working closely with colleagues and clients across the organization.

Responsibilities:

  • Assist with basic financial forecasting, reporting, and tracking key operational metrics
  • Analyze financial data to identify trends, variances, and opportunities for improvement
  • Help prepare clear, easy-to-understand reports and summaries for management and clients
  • Communicate financial information and insights to internal teams and external partners as needed
  • Compare actual results against budgets and forecasts and help explain differences
  • Maintain accurate financial records and databases by entering, verifying, and backing up data
  • Support special projects and ad-hoc analysis alongside senior analysts
  • Handle confidential information with professionalism and discretion

Requirements:

  • Bachelor’s degree required (Finance, Accounting, Economics, Business, or related field)
  • 6+ months of experience in a role involving numbers, data analysis, or reporting preferred (internships welcome)
  • Strong interest in working with numbers
  • Excellent verbal and written communication skills; ability to explain data clearly
  • Comfortable working with Excel and other basic office tools (training provided)
  • Strong attention to detail and willingness to learn
  • Positive attitude and desire to grow within a team-oriented environment

This role is perfect for someone looking to launch a career in financial analysis while also building valuable communication and client-interaction skills.

Corporate Resources, on behalf of our client located in Elgin, IL, is hiring for a full-time, permanent Assistant Financial Analyst.