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Entry Level Forecasting Analyst Jobs in Paramus, NJ

... entry-level Supply Chain Associate. This opportunity is designed for recent graduates looking to ... Support supply chain functions including inventory management, demand forecasting, production ...

Specialist-Paid Media

Lyndhurst, NJ · On-site

$42K - $60K/yr

We're looking for an analytical, detail-oriented Paid Media Specialist to join our growing ... This entry-level role is ideal for someone who is passionate about digital marketing, eager to ...

Entry Level Forecasting Analyst information

See Paramus, NJ salary details

$13

$28

$54

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

As of Jul 17, 2026, the average hourly pay for entry level forecasting analyst in Paramus, NJ is $28.10, according to ZipRecruiter salary data. Most workers in this role earn between $19.47 and $30.38 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 cities near Paramus, NJ are hiring for Entry Level Forecasting Analyst jobs? Cities near Paramus, NJ with the most Entry Level Forecasting Analyst job openings:
Infographic showing various Entry Level Forecasting Analyst job openings in Paramus, NJ as of July 2026, with employment types broken down into 1% Locum Tenens, 1% Internship, 84% Full Time, 8% Part Time, 1% Temporary, and 5% Contract. Highlights an 81% Physical, 5% Hybrid, and 14% Remote job distribution, with an average salary of $58,450 per year, or $28.1 per hour.
Financial Planning and Analysis Analyst

Financial Planning and Analysis Analyst

Seton Hall University

South Orange, NJ

$48K - $66K/yr

Other

Medical, Dental, Vision, Life, Retirement

Re-posted 12 days ago


Job description

Financial Planning and Analysis Analyst

Apply now Job no: 497277
Full time/Part time: Full-time
Location: South Orange
Categories: Administrator

This is an entry level position to support the functions of the Finance Division. Under the general direction of the Vice President for Finance & CFO, this position assists in one or more areas of Finance including Budget, Accounting, Financial Systems, Treasury, Procurement, and Payables. Incumbents will be responsible for prompt, thorough and accurate analysis, reporting, and processing of budget and financial activities.

Duties and Responsibilities:

Budget & Forecasting - Assist in developing comprehensive one and three-year budget forecast models built on numerous revenue and expense assumptions that encompasses the University's Strategic Plan. Also assist in the preparation of financial models to support forecasting and scenario analysis, which includes financial updates on a monthly basis. Conduct in-depth analysis of financial performance against key performance indicators and forecasted budgeted amounts. Analyze detailed operating budgets and work closely with end-user business managers on reviewing and approving personnel and non-personnel actions. Supports budget training to non-finance end user.
Financial Analysis - Identify trends, risks, and opportunities by developing various financial analyses. Partner with other finance and non-finance departments in developing useful financial management tools and reports supporting an effective use of university resources. Reports developed can be ad-hoc projects, query, business intelligence and data management.

Required Qualifications:

Bachelor's degree - Field of study: preferably with a business major (Accounting/Finance/Economics)

Licenses and Certificates:

Salary Range:

$48,000 - $66,000

Exempt/Nonexempt: Exempt

Physical Demands: General Office Environment

Special Instructions to Applicants:

Benefits Information: 

Full Time Benefits

Life today is complex. That's why Seton Hall University offers a comprehensive package of benefits and programs to help you simplify and enrich your life.

These benefits are important elements of your total university compensation package. Benefits include but are not limited to bundled medical, prescription, and vision insurance, dental insurance, and life insurance, and retirement plan. More information is available at https://www.shu.edu/human-resources/benefits.html. 

Seton Hall University is located in South Orange, New Jersey, 14 miles from New York City. It is the oldest Catholic diocesan institution of higher education in the United States and is home to about 6,300 undergraduate and 3,700 graduate students. A vibrant and culturally inclusive community, Seton Hall pursues academic excellence and ethical development in a collaborative environment and prepares its students to be servant leaders in their professional and community lives. Seton Hall University is an equal opportunity employer. It honors diverse perspectives and welcomes employees from all faith traditions. In turn, its employees respect Catholic beliefs and values,engage in servant leadership, and support the University's mission as a Catholic institution of higher education.

Advertised: 05 May 2026 Eastern Daylight Time
Applications close:

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