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Entry Level Forecasting Analyst Jobs in Riverside, CA

Engineer I, Quality

Ontario, CA

$72K - $93K/yr

This is an entry level position where initially the engineer has a low level of understanding about ... Perform 1st level analysis and duplication test for warranty parts / Perform basic check list ...

Senior Associate - Oracle SCM

Irvine, CA · On-site

$77K - $202K/yr

Responsibilities - Analyzing client needs to implement Oracle supply chain and operations software ... PwC does not intend to hire experienced or entry level job seekers who will need, now or in the ...

Entry Level Forecasting Analyst information

See Riverside, CA salary details

$14

$28

$56

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

As of Aug 4, 2026, the average hourly pay for entry level forecasting analyst in Riverside, CA is $28.97, according to ZipRecruiter salary data. Most workers in this role earn between $20.05 and $31.35 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 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.

What cities near Riverside, CA are hiring for Entry Level Forecasting Analyst jobs? Cities near Riverside, CA with the most Entry Level Forecasting Analyst job openings:
Infographic showing various Entry Level Forecasting Analyst job openings in Riverside, CA as of July 2026, with employment types broken down into 2% Locum Tenens, 89% Full Time, 5% Part Time, 1% Temporary, and 3% Contract. Highlights an 82% Physical, 8% Hybrid, and 10% Remote job distribution, with an average salary of $60,260 per year, or $29 per hour.

Junior Financial Analyst (Financial Analyst I)

Corvel

Irvine, CA • Hybrid

$70K - $107K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 21 days ago


CorVel rating

7.9

Company rating: 7.9 out of 10

Based on 51 frontline employees who took The Breakroom Quiz

82nd of 150 rated financial services


Job description

We are looking for a detail-oriented and driven Junior Financial Data Analyst to join our finance team with a focus on pricing, accounting, and ad hoc financial projects. This entry-level role is ideal for recent graduates or early-career professionals eager to build hands-on experience in corporate finance, pricing strategy, and data analysis.

You will work closely with experienced team members and leadership to support key business functions such as budgeting, forecasting, variance analysis, and special projects. Strong communication, analytical thinking, and a willingness to learn are essential for success in this role.

This is a hybrid role in our Irvine, CA office.

ESSENTIAL DUTIES & RESPONSIBILITIES:

Financial Modeling & Reporting

  • Assist in the preparation of financial models, forecasts, and reports to support strategic decision-making.
  • Analyze and interpret financial data to uncover trends and identify areas for improvement.
  • Contribute to ERP and FP&A-related activities under guidance.
  • Help create and present financial performance reports for internal stakeholders including management and department heads.

Pricing and Budgeting Support

  • Compile and analyze pricing, budgeting, and forecast data across teams.
  • Assist in developing annual budgets and long-term financial plans.
  • Conduct cost structure analysis and provide input into pricing strategy and margin optimization.

Accounting Support

  • Maintain up-to-date and accurate financial data in systems and databases.
  • Ensure data integrity through periodic audits and reconciliations.
  • Support general accounting and transaction validations, ensuring compliance with internal processes.

Variance & Expense Analysis

  • Perform variance analysis comparing actuals to budgets and forecasts.
  • Identify cost-saving opportunities and efficiency improvements.
  • Collaborate with operations and business teams on expense management strategies.

Compensation & Commissions Analytics

  • Work with Sales Operations and HR to collect and validate compensation-related data.
  • Support the calculation and distribution of performance-based bonuses and commissions.
  • Ensure accuracy and compliance with company policies and compensation plans.

Ad Hoc Analysis & Special Projects

  • Perform ad hoc financial analysis and modeling as requested by finance leadership.
  • Assist with department-wide or company-wide projects addressing business challenges or strategic goals.
  • Translate complex data into actionable insights for both technical and non-technical audiences.

KNOWLEDGE & SKILLS:

  • Proficient in Microsoft Excel (pivot tables, lookups, formulas).
  • Familiar with SQL; comfortable querying relational databases is a plus
  • Exposure to ERP systems, financial reporting tools, or Power BI is a plus.
  • Strong attention to detail and a proactive learning mindset.
  • Ability to work collaboratively with clear direction and routine feedback.

EDUCATION & EXPERIENCE:

  • Bachelor’s degree in Accounting, Finance, Data Analytics, Economics, or a related field.
  • 0–1 years of professional experience (internships or relevant coursework acceptable).

WHAT YOU'LL GAIN: 

  • Hands-on exposure to financial and pricing data analysis.
  • Training and mentorship from experienced analysts and managers.
  • Involvement in business-critical financial operations and strategic initiatives.
  • Clear path for growth in finance, accounting, or data analytics.

PAY RANGE: 

CorVel uses a market based approach to pay and our salary ranges may vary depending on your location.  Pay rates are established taking into account the following factors:  federal, state, and local minimum wage requirements, the geographic location differential, job-related skills, experience, qualifications, internal employee equity, and market conditions.  Our ranges may be modified at any time. 

For leveled roles (I, II, III, Senior, Lead, etc.) new hires may be slotted into a different level, either up or down, based on assessment during interview process taking into consideration experience, qualifications, and overall fit for the role.  The level may impact the salary range and these adjustments would be clarified during the offer process. 

Pay Range:  $70,143 - $107,253

A list of our benefit offerings can be found on our CorVel website: CorVel Careers | Opportunities in Risk Management 

In general, our opportunities will be posted for up to 1 year from date of posting, or until we have selected candidate(s) to fulfill the opening, whichever comes first. 

About CorVel 

CorVel, a certified Great Place to Work® Company, is a national provider of industry-leading risk management solutions for the workers’ compensation, auto, health and disability management industries.   CorVel was founded in 1987 and has been publicly traded on the NASDAQ stock exchange since 1991. Our continual investment in human capital and technology enable us to deliver the most innovative and integrated solutions to our clients.  We are a stable and growing company with a strong, supportive culture and plenty of career advancement opportunities.  Over 4,000 people working across the United States embrace our core values of Accountability, Commitment, Excellence, Integrity and Teamwork (ACE-IT!). 

A comprehensive benefits package is available for full-time regular employees and includes Medical (HDHP) w/Pharmacy, Dental, Vision, Long Term Disability, Health Savings Account, Flexible Spending Account Options, Life Insurance, Accident Insurance, Critical Illness Insurance, Pre-paid Legal Insurance, Parking and Transit FSA accounts, 401K, ROTH 401K, and paid time off. 

CorVel is an Equal Opportunity Employer, drug free workplace, and complies with ADA regulations as applicable.

#LI-Hybrid


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