Forecasting Specialist Jobs in Illinois

A Forecasting Specialist in the finance industry is responsible for predicting future financial trends and outcomes based on analysis of past and present data. They utilize statistical techniques and software tools to generate accurate financial forecasts that aid in strategic decision-making processes. Their tasks may include analyzing financial data, generating predictive models, presenting forecast reports, and providing insights on financial risk management. They also work closely with various departments such as sales and marketing to gather relevant data for analysis.

Important skills for a Forecasting Specialist include strong analytical abilities, proficiency in statistical analysis software and programming languages such as SQL or Python, and excellent communication skills to effectively present their findings. In addition, they should have a deep understanding of financial metrics and business operations. Most employers prefer candidates with a degree in Finance, Statistics, Economics, or a similar field. Certifications such as Certified Financial Analyst (CFA) or Certified in Financial Management (CFM) can enhance their credibility. Prior to becoming a Forecasting Specialist, a professional may have roles like Financial Analyst, Data Analyst, or Risk Analyst.

1-15 of 21 Jobs

plans in a public or business organization 2 years of professional experience serving in a liaison capacity for a public or business organization Conditions of Employment Requires ability to pass a...

at Cook County Government in Chicago, Illinois, United States Job Description Cook County Offices Under The President Bureau of Administration Bureau of Asset Management Bureau of Economic...

Financial Planning Analyst - Excld

  • Chicago, IL
  • 2 days ago
  • Chicago, IL
  • 2 days ago

MINIMUM QUALIFICATIONS Graduation from an accredited college or university with a Bachelor's degree in Finance, Business Administration, Accounting, or a directly related field, plus three (3)...

Manufacturing Financial Planning Analyst - Sr

  • Paris, IL
  • 2 days ago
  • Paris, IL
  • 2 days ago

> Job Summary Who We Are North American Lighting Inc., member of the Koito Group of Companies, is the largest tier one automotive exterior lighting manufacturer in North America. As the market...

Senior Grant Analyst (Department Of Budget & Management Services)

  • Chicago, IL
  • 4 days ago
  • Chicago, IL
  • 4 days ago

Cook County Offices Under The President Bureau of Administration Bureau of Asset Management Bureau of Economic Development Bureau of Finance Bureau of Human Resources Bureau of Technology...

Strategic Finance Analyst

  • Chicago, IL
  • 9 days ago
  • Chicago, IL
  • 9 days ago

The Impact You Will Have Every Day: B uild and maintain detailed financial models to support strategic decision-making (e.g., market entry, pricing, service line expansion, resource allocation) Work...

Budget Analyst - 27756547-5296

  • Chicago, IL
  • 11 days ago
  • Chicago, IL
  • 11 days ago

Conducting variance analysis to identify and report deviations from expected performance and budgetary targets....

Remote Work

Financial Planning & Analysis Manager

  • Chicago, IL
  • 17 days ago
  • Chicago, IL
  • 17 days ago

analysis, and actionable insights Track and report on functional cost drivers, headcount trends, and savings initiatives Provide finance support for corporate initiatives, including restructuring,...

Hybrid Financial Planning Analyst

  • Aurora, IL
  • 21 days ago
  • Aurora, IL
  • 21 days ago

Advanced analytical skills with expertise in financial modeling and data analysis....

Financial Planning Analyst

  • Downers Grove, IL
  • 25 days ago
  • Downers Grove, IL
  • 25 days ago

Responsibilities Variance analysis by comparing and analyzing actual results with plans and forecasts....

Budget and Finance Analyst - JR29498-3800

  • Chicago, IL
  • 28 days ago
  • Chicago, IL
  • 28 days ago

Drafts financial models and maintenance of accurate records of spending and budgetary control measures. Responsibilities Provide effort reporting for individual faculty and staffs....

Sr. Manager - Benefits Analyst- Budget and Finance

  • Chicago, IL
  • 30+ days ago
  • Chicago, IL
  • 30+ days ago

Financial analyses and development of financial models to provide insight for decision making. Assist in other duties and special projects as needed to further the goals of the Benefits team....

Data Analyst (Budget & Management Services) - 00136891

  • Chicago, IL
  • 30+ days ago
  • Chicago, IL
  • 30+ days ago

at Cook County Government in Chicago, Illinois, United States Job Description Cook County Offices Under The President Bureau of Administration Bureau of Asset Management Bureau of Economic...

Financial Planning Analyst

  • Aurora, IL
  • 45+ days ago
  • Aurora, IL
  • 45+ days ago

As a premier global food provider, the OSI Group partners with the worlds leading foodservice and retail food brands to provide concept-to-table solutions that delight consumers around the globe....

Sr Budget Analyst (Hybrid)

  • Evanston, IL
  • 45+ days ago
  • Evanston, IL
  • 45+ days ago

Builds, maintains, and updates financial models and associated financial analysis....

Demographic Data for Illinois

Moving to Illinois? Find some basic demographic data about Illinois below.


Local
National
12,812,477
319,486

Forecasting Specialist Online Courses and Training Opportunities

iHireFinance curates thousands of courses in order to recommend the best ones to help further your career. If you register for a course using the links on our site, we may receive a small commission.
Macroeconometric Forecasting
Learn how to create and assess forecasting models to predict macroeconomic variables such as inflation and economic growth. In this macroeconomics course, you will learn to predict macroeconomic...
Revenue Forecasting and Analysis
Presented by the IMF Fiscal Affairs Department, the course offers hands-on learning that will help students build foundational knowledge on the different quantitative models and techniques that...
Introduction to Forecasting in Business
Whether you need to predict annual sales growth, budgets, or website traffic, forecasting is a powerful decision-making tool for any business. On this one-week course from Deakin University, youll...

Title Synonyms

Users interested in this job title also searched for the following job titles


Salary for Forecasting Specialist Jobs in Illinois

Estimated salary range based on data from US Bureau of Labor Statistics (BLS) and iHireFinance research efforts.

Licensing / Certification

Required or preferred licenses and certifications for Forecasting Specialist positions.



Highest Education Level

Forecasting Specialists in Illinois offer the following education background
Bachelor's Degree
48.7%
Master's Degree
42.8%
Associate's Degree
2.5%
Doctorate Degree
2.2%
Vocational Degree or Certification
1.7%
High School or GED
1.6%
Some College
0.4%
Some High School
0.0%

Average Work Experience
Here's a breakdown of the number of years' experience offered by Forecasting Specialists in Illinois
2-4 years
42.4%
1-2 years
19.8%
4-6 years
12.6%
Less than 1 year
10.5%
8-10 years
7.5%
6-8 years
3.3%
None
2.2%
10+ years
1.8%


Other Career Titles

Here are some other career titles that require similar skills



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