Forecast Analyst

Description

Position Summary

SolarEdge (NASDAQ: SEDG), is a global leader in high-performance smart energy technology, with over 5000 employees, offices in 34 countries, and millions of products installed in over 133 countries. Our diverse product offering comprises intelligent solar inverters, battery storage, backup systems, EV charging, and complete home energy management ecosystems.

By leveraging world-class engineering capabilities and with a relentless focus on innovation, we strive to create a world where clean, green energy from the sun is the primary source of power for our homes, businesses, and just about everywhere we thrive.

The Forecast Analyst will be responsible for developing accurate forecasts and providing actionable insights to support business decisions. The ideal candidate will have strong analytical skills, attention to detail, and the ability to work collaboratively with cross-functional teams.

Location: Milpitas, CA

Duties and Responsibilities:

• Analyze historical sales data, market trends, and economic indicators to develop accurate forecasts.
• Create and maintain forecasting models using appropriate tools.
• Collaborate with cross-functional teams, including sales, marketing, finance, and supply chain, to gather relevant data and insights.
• Monitor and evaluate forecast accuracy, identifying areas for improvement and making necessary adjustments.
• Prepare and present detailed reports on forecast performance, trends, and key findings to stakeholders.
• Identify potential risks and opportunities based on forecast analysis and provide actionable recommendations.
• Support strategic planning and decision-making processes with data-driven insights.
• Develop and implement best practices for forecasting processes and methodologies.
• Conduct scenario analysis to assess the impact of different variables on forecasts.
• Stay updated on industry trends, market conditions, and advancements in forecasting techniques.
• Assist in the development of long-term business plans and financial projections.
• Provide training and support to team members on forecasting tools and techniques.

Requirements

• Bachelor's degree in Statistics, Economics, Business, Data Science, or a related field.
• 3-5 Years of proven experience as a Forecast Analyst or in a similar analytical role.
• Proficiency in statistical software (e.g., R, SAS, SPSS) and advanced Excel skills (Formulas / pivots / Vlookup / macros)
• Strong analytical and problem-solving skills.
• Excellent communication and presentation skills.
• Ability to work independently and as part of a team.
• Attention to detail and a high level of accuracy.
• Experience with data visualization tools (e.g., Tableau, Power BI).
• Knowledge of machine learning algorithms and their application in forecasting.
• Familiarity with database management and SQL.
• Strong project management skills and the ability to handle multiple tasks simultaneously.
• Understanding of financial modeling and budgeting processes.
• Ability to interpret complex data and translate it into actionable insights.
• Experience with demand planning and inventory management.
• Knowledge of industry-specific forecasting techniques and methodologies.

Preferred Qualifications:

• Master's degree in a related field.
• Experience with forecasting.
• Knowledge of advanced statistical techniques and methodologies

FAIR PAY & A JUST WORKPLACE

At SolarEdge, we are committed to fair, transparent pay and we strive to provide competitive, market-informed compensation. Base salary will range between 80k to 100k and the offer will be based on market location and may vary further depending on individualized factors for job candidates, such as job-related knowledge, skills, experience, and other objective business considerations.

Even more importantly, please note that salary is only one component of total compensation at SolarEdge. Subject to those same considerations, the total compensation package for this position may also include other elements, including a bonus and/or equity awards, in addition to a full range of medical, financial, and/or other benefits. Our highly competitive benefits package is designed to support your success at work, at home, and at play. Your recruiter will be happy to discuss all that SolarEdge has to offer!

SolarEdge proudly seeks to build a richly diverse workforce by hiring people with a diversity of thoughts, identities, perspectives, and experiences that help advance the difference we make for consumers, and by ensuring our people experience equity and inclusion in their work lives. We encourage members of traditionally underrepresented communities to apply, including women, people of color, and people with disabilities.