Manager, Forecasting Job Description
Manager, Forecasting Duties & Responsibilities
To write an effective manager, forecasting job description, begin by listing detailed duties, responsibilities and expectations. We have included manager, forecasting job description templates that you can modify and use.
Sample responsibilities for this position include:
Manager, Forecasting Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Manager, Forecasting
List any licenses or certifications required by the position: APICS, MBA, IBF, PMP, PMI, CIMA, ACCA, CMA, CPA, SCM
Education for Manager, Forecasting
Typically a job would require a certain level of education.
Employers hiring for the manager, forecasting job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Finance, Economics, Business, Accounting, Statistics, Engineering, MBA, Mathematics, Science, Business/Administration
Skills for Manager, Forecasting
Desired skills for manager, forecasting include:
Desired experience for manager, forecasting includes:
Manager, Forecasting Examples
Manager, Forecasting Job Description
- Define processes and develop the team’s systems expertise to build both short-term and long-term demand projections, to develop statistical forecasting processes to inform strategic planning and seasonal merchandising efforts
- Hire, train, develop, and maximize retention for the team of analysts
- In partnership with the Merchandising team, manage and report on global historical demand data to encourage cross-functional adherence to seasonal goals, including SKU counts, buy efficiencies, forecast accuracy, and NP (No Production due to low volume) rates
- Inform the inventory management process through reporting and analysis of projected seasonal excess inventory
- Create a fun, dynamic, high-performing work environment for the Forecasting & Work Force Management teams
- Provide leadership, clear direction and continuous guidance for the Operations Forecasting & Workforce Management teams to ensure customers are serviced with high quality in a reasonable time
- Support the Servicing lead who manages the long-term Contact Centre Footprint plan for over 1,400 associates
- Managing staffing and financial budgets
- Developing interval-level call arrival forecasts across multiple portfolios
- Partnering with insourced and outsourced workforce teams to ensure that workforce schedules are aligned with the call arrival forecasts
- Individual contributor able to work independently manage and mentor global team members
- Minimum 2 years’ experience on leading a team
- Minimum of five years’ experience within a credit risk analysis and related forecasting role
- Previous experience in unsecured/secured lending is preferred
- Highly proficient in application of analytical and presentation tools including presentation skills
- Prior experience managing large projects would be beneficial for the candidate
Manager, Forecasting Job Description
- Providing support to ensure contact centre hiring aligns with call arrival demand
- Continuously analyzing current business work-flows and productivity/efficiency results in order to seek process improvements
- Delivering analyses to Senior Leadership on call-centre performance and outlook
- Develop effective relationships within key functional areas of the organization to facilitate product planning – demand planning, product launches, product discontinuations
- Attend routine planning meetings and Plan/LBE/LRP meetings with the brand team
- Consistently focus on key business issues for the franchise and well as the portfolio
- Manage the generation and accuracy of short, medium and long range forecasting process for specified Inbound and Outbound Lines of Businesses (LOBs)
- Act as WFM Subject Matter Expert (SME) providing recommendations and direction / advice to WFM Management Team, Business Relationship Manager (BRM’s) and Center Managers in capacity management and act as a WFM liaison with centers on FTE Governance
- Key contributor to annual budgeting process and planning for areas of responsibility
- Review, update and keep current all Forecasting Standard Operating Procedures (SOP’s)
- Experience in database software Access/ ACL etc
- Analytical/Technical Skills - Demonstrated ability to structure and conduct analyses to generate insight and recommendations
- BS Degree in Economics, Finance, Statistics, Demand Planning
- Excellent attention to detail combined with solid data interpretation
- Strong sense of responsibility, ownership, and pride in delivering quality results and understanding business impact
- Ability to integrate quickly in multinational teams and drive through proactive communication global standardization in planning approach
Manager, Forecasting Job Description
- Interact with Human Resources and Training for recruitment schedules, vacation planning
- Responsible for overall accuracy of intra-day intervals for specified inbound and outbound LOBs
- Provide superior client/employee experience & strengthen relationships with Center Managers, Finance and BRM’s
- Lead financial projections used for capital plan submissions, including CCAR, DFAST, Resolution Planning, and Liquidity Stress Testing
- Prepare presentations and analyses for financial projections in various stress scenarios
- Enhance the forecast process to ensure accuracy, transparency, and efficiency
- Work with the CCAR PMO and Model Risk Management in support of the capital planning effective challenge and governance process
- Lead financial projections used for capital stress testing (CCAR, DFAST), resolution planning, and liquidity stress testing
- Prepare presentations and analyses for financial projections in various economic scenarios
- Provide insights to the model developers in conjunction with LOB Finance teams to create or enhance income statement and balance sheet forecasting models
- Develop complex financial models and analysis of raw data, including multi-year projections and variance analysis
- Evaluate projects and proposals for feasibility, financial impact, and return on investment
- Supervise up to 3 analysts
- Advanced degree in finance, economics, accounting, or related field
- Professional accounting designation (CPA/CA/CMA/CGA) is an asset
- Minimum of 3 years of accounting experience with solid exposure to financial reporting and analysis
Manager, Forecasting Job Description
- Understanding where the innovations are happening and how can improve our systems to cover as many products and as much demand as possible
- Communicate and earn trust with our customers in retail & our downstream systems
- Responsible for generating, integrating and translating insights and analytics into growth opportunities that shape decisions and drive organizational action for the Rheumatology therapeutic area
- Partner closely with brand or franchise leadership and cross functional partners and serves as an internal consultant to the Sales & Marketing team
- Lead development and implementation of Rheumatology forecast models & tracking
- Integrate forecasting efforts & insights with primary research, intelligence, & analytics insights developed by peers across the Commercial Insights & Strategy team for Rheumatology and translate into business impact
- Direct the design, implementation and maintenance of performance measurement tools such as web based reports, sales scorecards, metric benchmarking
- Lead the deployment of Sales Force Automation capability for Direct Sales teams including the development of strategies and processes to support sales territory management, sales lead distribution, churn analysis and productivity reporting
- Supports customer and sales forecasting and budget planning process
- Solely manages team through the formulation and delegation of duties to analysts
- Flexible schedule at times
- High degree of personal ownership
- Able to 'connect the dots'
- High tolerance for detail and precision
- 3 - 6 years total experience in Finance and/or Revenue Accounting
- Solid analytical thought process
Manager, Forecasting Job Description
- Communicates company strategy, coaches and monitors performance of employees and motivates them to achieve established goals and objectives
- Cultivate meaningful internal partnerships, adding value and insights for the organization
- Responsible for creating a planning model that supports based on internal analysis and external need assessment
- Lead a team of demand analysts which includes creation/assessment of performance feedback and guidance
- Ensure forecast for the aircraft wheel and brake product line is aligned with industry standard statistical forecasting methodology and other available tools and processes
- Perform Decision Support activities for Global Demand Planning by providing leadership in
- Work with our retail business stakeholders to come up with use case that need to be solved
- Process innovation – identify ways to improve forecasting processes within the team, improve hand-offs between the forecasting and capacity teams to other functional areas within WFM and other departments (operations, recruiting, finance, ), set-up feedback loops to integrate qualitative and quantitative input into forecasting and capacity planning
- Deliver both short-term and long-term shop visit forecasts for the GTF
- Provide direct input to the Aftermarket SI&OP process
- Proven history of “Pride in Ownership” of deliverables
- CPA with strong revenue recognition experience
- 1 year+ experience in Process Management
- Experience with LEAN or Six Sigma or Agile)
- Self-starter with ability to effectively manage multiple priorities
- BA or BS in an analytical field such as statistics, operations research, management science, industrial engineering, economics, math, and 7+ years quantitative analytical or forecasting experience