Associate Data Scientist

2 - 5 years

3 - 6 Lacs

Posted:7 hours ago| Platform: Foundit logo

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Work Mode

On-site

Job Type

Full Time

Job Description

Associate Data Scientist

Key Responsibilities

  • Develop and enhance

    energy load forecasting models

    using

    time series forecasting

    , statistical modeling, and machine learning techniques.
  • Analyze historical and real-time energy consumption data to identify trends and improve forecasting accuracy.
  • Investigate discrepancies between forecasted and actual energy usage, providing actionable insights to stakeholders.
  • Automate

    data pipelines

    and forecasting workflows to streamline processes across departments.
  • Monitor day-over-day forecast variations and communicate key insights.
  • Work closely with internal teams and external vendors to refine forecasting methodologies.
  • Perform

    scenario analysis

    to assess seasonal patterns, anomalies, and market trends.
  • Continuously optimize forecasting models, leveraging techniques such as

    ARIMA, Prophet, LSTMs, and regression-based models

    .

Qualifications & Skills

  • Relevant experience in

    data science

    , preferably in

    energy load forecasting

    , demand prediction, or a related field.
  • Strong expertise in

    time series analysis

    , forecasting algorithms, and statistical modeling.
  • Proficiency in

    Python

    , with experience using libraries such as

    pandas, NumPy, scikit-learn, statsmodels, and TensorFlow/PyTorch

    .
  • Experience with

    SQL

    and handling large datasets.
  • Hands-on experience with forecasting models like

    ARIMA, SARIMA, Prophet, LSTMs, XGBoost, and random forests

    .
  • Familiarity with

    feature engineering

    , anomaly detection, and seasonality analysis.
  • Strong analytical and problem-solving skills with a data-driven mindset.
  • Excellent communication skills, with the ability to translate technical findings into business insights.
  • Ability to work both independently and collaboratively in a dynamic environment.

Preferred Qualifications (Nice to Have)

  • Experience working with

    energy market data, smart meter analytics, or grid forecasting

    .
  • Knowledge of

    cloud platforms (AWS)

    for deploying forecasting models.
  • Experience with

    big data technologies

    such as

    Spark or Hadoop

    .

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