A forecast analyst should be very good at number crunching and identifying patterns as it is the analyst\'s job to evaluate the fiscal performance of the company and draw up projections for the following year(s). Along with a strong background in finance, the forecast analyst should have substantial knowledge of the industry trends and of the products or services the company deals in.
The primary responsibilities of a forecast analyst include collecting data from various reporting tools, formulating detailed reports on company performance, and creating projections for the following year(s).
The key requisites of a forecast analyst position are a university degree in business administration and a good understanding of IT applications and database administration. Proficiency in MS Word and Excel, and excellent verbal and written communication skills are a must for a forecast analyst job. Experience in making business reports and supporting the related computer systems will be a definite advantage.
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