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For Companies At a Glance
- Tasks: Lead forecasting efforts and improve methodologies for a leading travel company.
- Company: Join Inventum Group, a passionate advocate for equity, diversity, and inclusion.
- Benefits: Enjoy a hybrid work model with competitive salary and opportunities for professional growth.
- Why this job: Make a real impact on passenger demand and capacity planning while mentoring junior analysts.
- Qualifications: Degree in Mathematics, Engineering, or Economics; strong analytical and communication skills required.
- Other info: We welcome diverse talent and offer fair recruitment processes for all applicants.
The predicted salary is between 56000 - 84000 £ per year.
Location: London
Salary: £70,000 - £80,000
Type: Hybrid
We are partnered with a travel company who are looking for a Senior Forecast Manager to join their London team. In this role you’ll be responsible for producing detailed forecasts, continuously improving methodologies and ensuring that forecasts are robust, accurate and widely understood across the business. You’ll work closely with internal/external stakeholders and senior leadership to provide critical insight into passenger demand and capacity planning.
Key Responsibilities:
- Deliver medium- and long-term passenger forecasts to support business and strategic planning.
- Use advanced data sources and forecasting techniques to improve forecast accuracy and value.
- Lead cross-functional teams and external partners to develop innovative forecasting models.
- Provide regular analysis and reporting to senior management, executive leadership, and external stakeholders.
- Mentor and develop junior analysts, fostering expertise in forecasting and capacity planning.
- Engage with external experts, industry partners, and data providers to continually enhance forecasting capability.
About You:
- Degree in a quantitative field such as Mathematics, Engineering, or Economics; training in statistics or forecasting is a plus.
- Strong analytical skills with the ability to interpret complex data and make sound commercial decisions.
- Experience developing and delivering forecasts that inform business strategy and policy.
- Excellent communication skills, with the confidence to present complex ideas to senior audiences.
- Proficient in Excel, PowerBI, and data analysis tools; experience with programming, machine learning, or big data analytics is desirable.
- A strong understanding of macroeconomic trends and the broader commercial environment.
Inventum Group is passionate about equity, diversity and inclusion. We seek individuals from the widest talent pool and encourage underrepresented talent to apply for vacancies with us. We are committed to recruitment processes that are fair for all, regardless of background and personal characteristics. If you require any adjustments to apply for a role with us, please let us know in whatever way suits you best. Inventum Group is a Recruitment and ED&I Consultancy Business.
Forecasting Manager employer: Inventum Group
Contact Detail:
Inventum Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Forecasting Manager
✨Tip Number 1
Familiarise yourself with the latest forecasting techniques and tools. Being well-versed in advanced data sources and methodologies will not only boost your confidence but also demonstrate your commitment to staying ahead in the field.
✨Tip Number 2
Network with professionals in the travel industry, especially those involved in forecasting and capacity planning. Engaging with industry experts can provide you with valuable insights and potentially lead to referrals or recommendations.
✨Tip Number 3
Prepare to discuss your experience with cross-functional teams and how you've successfully led projects in the past. Highlighting your leadership skills and ability to collaborate will be crucial in impressing the hiring managers.
✨Tip Number 4
Stay updated on macroeconomic trends and their impact on the travel industry. Being able to articulate how these trends influence passenger demand will show that you have a comprehensive understanding of the business environment.
We think you need these skills to ace Forecasting Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in forecasting, data analysis, and stakeholder engagement. Use specific examples that demonstrate your analytical skills and ability to deliver forecasts that inform business strategy.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss how your background in quantitative fields and your experience with advanced forecasting techniques align with the job requirements.
Showcase Your Technical Skills: Emphasise your proficiency in Excel, PowerBI, and any programming or data analysis tools you are familiar with. Mention any experience with machine learning or big data analytics, as these are desirable skills for the position.
Prepare for Potential Questions: Anticipate questions related to your forecasting methodologies and how you have improved forecast accuracy in previous roles. Be ready to discuss macroeconomic trends and their impact on passenger demand and capacity planning.
How to prepare for a job interview at Inventum Group
✨Showcase Your Analytical Skills
As a Senior Forecast Manager, you'll need to demonstrate strong analytical abilities. Prepare examples of how you've interpreted complex data in the past and made impactful decisions based on your findings.
✨Familiarise Yourself with Forecasting Techniques
Brush up on advanced forecasting methodologies and be ready to discuss how you've applied them in previous roles. This will show your potential employer that you can improve forecast accuracy and add value to their business.
✨Prepare for Stakeholder Engagement
Since you'll be working closely with various stakeholders, practice articulating complex ideas clearly and confidently. Think of scenarios where you've successfully communicated insights to senior management or external partners.
✨Highlight Your Mentoring Experience
If you've mentored junior analysts before, be sure to mention this during your interview. Discuss how you've fostered expertise in forecasting and capacity planning, as this aligns with the role's responsibilities.
