- Analyze large data sets using statistical forecasting techniques and advanced analytics tools
- Develop and maintain time series forecasting models, incorporating machine learning algorithms and predictive analytics methodologies
- Conduct in-depth data analysis and visualization of historical data, market trends, and external factors influencing demand to identify patterns
- Monitor data quality and forecast performance metrics and implement corrective actions as needed to minimize forecast error and bias
- Monitor and continuously improve analytical methodologies and processes to enhance forecast accuracy
- Collaborate with other teams within the organization to analyze market trends and understand customers' business needs
Statistical Analyst - New Jersey, United States - Gotham Technology Group
Description
Duties And Responsibilities:
Responsible for developing demand forecasts, monitoring forecast performance, maintaining databases related to demand, and performing statistical and other quantitative analyses to ensure accurate and effective demand forecasting. You will analyze large datasets and perform quantitative analysis to identify industry trends and patterns in customer behavior, use this information to develop and implement effective forecasting strategies and make recommendations and support decision making.
EXPERIENCE:
4 years of experience with statistical modeling/forecasting or a PhD degree in lieu of working experience.
2 years of experience as a SAS/Python user.
KNOWLEDGE, SKILLS & ABILITIES REQUIRED:
Proficiency in statistical analysis software such as SAS, Python, or R
Working knowledge of econometrics with a focus on time series analysis
Strong analytical and problem-solving skills
Working knowledge of data visualization software
EDUCATION:
Master's degree in a quantitative field such as Economics or Statistics required
PhD in quantitative field preferred