Posted:1 day ago| Platform: Foundit logo

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Job Type

Full Time

Job Description

About the Role:

  • We are seeking a highly motivated

    Data Scientist Forecasting

    with a strong passion for energy, technology, and data-driven decision-making. In this role, you will be responsible for developing and refining

    energy load forecasting models

    , analyzing

    customer demand patterns

    , and improving

    forecasting accuracy

    using advanced

    time series analysis

    and

    machine learning techniques

    . Your insights will directly support

    risk management, operational planning, and strategic decision-making

    across the company.
  • If you thrive in a fast-paced, dynamic environment and enjoy solving complex

    data science challenges

    , we'd love to hear from you!

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.
  • Automate

    data pipelines

    and

    forecasting workflows

    to streamline processes across departments.
  • Monitor day-over-day

    forecast variations

    and communicate key insights to stakeholders.
  • 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 like

    ARIMA, Prophet, LSTMs, and regression-based models

    .

Qualifications & Skills:

  • 3-5 years of 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 working 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 independently and collaboratively in a

    fast-paced, dynamic environment

    .
  • Strong attention to detail, time management, and organizational skills.

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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