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Statistical Analyst | Forecasting Specialist
Dr. D.Y. Patil Institute of Engineering, Management and Research, Pune
Abu Dhabi, UAE
Full-time
Mid-Senior
Onsite
Discovered 1 weeks ago
Statistical analysisForecastingPredictive modelingTime-series analysisRegression analysisHypothesis testing
Role Overview
The Statistical Analyst | Forecasting Specialist transforms complex data into insights, statistical models, and reliable forecasts.
The role supports strategic planning, operational decision-making, and long-term business performance.
Key Skills for This Role
Statistical analysisForecastingPredictive modelingTime-series analysisRegression analysisHypothesis testing
Full Job Posting
Role overview
The Statistical Analyst | Forecasting Specialist transforms complex data into insights, statistical models, and reliable forecasts.
The role supports strategic planning, operational decision-making, and long-term business performance.
Responsibilities
- Collect, validate, and analyze large datasets from business and operational sources; identify trends, patterns, relationships, seasonal effects, cycles, and anomalies.
- Build forecasting and time-series models for demand, sales, revenue, costs, capacity, and business performance; evaluate accuracy and refine models.
- Select statistical methodologies and perform regression, correlation, hypothesis testing, and other analyses; validate assumptions, outputs, and significance.
- Monitor forecast deviations, investigate causes, compare actual results with forecasts, and provide variance analysis.
- Develop scenarios and simulations, perform sensitivity analysis, and assess potential outcomes under different assumptions.
- Translate findings into business recommendations; prepare forecasting reports, dashboards, summaries, and management presentations.
- Support demand, inventory, financial, workforce, operational, and strategic forecasting; analyze market, customer, sales, operational, and financial data.
- Identify data quality issues and coordinate improvements to data pipelines, reporting systems, analytical infrastructure, and automated processes.
- Work with stakeholders to define objectives, assumptions, timelines, and outputs; establish and document forecasting methodologies and standards.
- Monitor external factors affecting forecasts and identify opportunities to improve accuracy through data, methods, and analytical approaches.
Requirements
- Bachelor’s degree in Statistics, Mathematics, Economics, Data Science, Finance, Business Analytics, or a related quantitative field.
- Proven experience in statistical analysis, forecasting, predictive analytics, business intelligence, or a related discipline.
- Strong knowledge of statistical methods, probability, data analysis, and quantitative modeling; experience developing and evaluating forecasts and predictive models.
- Experience with time-series analysis, regression, hypothesis testing, correlation analysis, and statistical inference.
- Proficiency in Excel and experience with advanced analytical functions and modeling.
- Experience with Python, R, SQL, SAS, SPSS, or similar statistical or programming tools; the posting lists alternatives.
- Ability to work with complex datasets and prepare data through cleaning, validation, transformation, and other processes.
- Understanding of forecast accuracy metrics, model evaluation, scenario analysis, sensitivity analysis, and variance analysis.
- Ability to translate quantitative findings into practical recommendations and explain results to non-technical stakeholders.
- Power BI or Tableau experience is advantageous; machine learning, cross-functional business experience, and relevant certifications are beneficial.
What the employer offers
- Competitive salary and comprehensive employee benefits.
- Professional development, training, and support for relevant technical and professional certifications.
- Opportunities to work with forecasting methodologies, analytics technologies, cross-functional teams, and strategic planning initiatives.
Employment
- The description states Full-Time.
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