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Sr Forecasting Analyst

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Date: Jun 16, 2022

Location(s): Juno Beach, FL, US, 33408

Company: NextEra Energy

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Position Specific Description

The Senior Forecasting Analyst position is a member of the Load Forecasting team in FPL’s Financial Forecasting group, located in Juno Beach, FPL. The Senior Forecasting Analyst is responsible for developing, analyzing, and communicating the customer and sales forecasts, which are the basis for FPL’s financial and strategic planning processes. Other responsibilities include supporting the monthly and quarterly financial reporting processes by analyzing variances versus forecast, developing reports and analyses for Senior Executives, and providing results to Investor Relations for the quarterly earnings reports. Additionally, this position would provide analyses regarding the economic outlook for FPL’s service area and support regulatory proceedings, such as rate cases.


The position requires data analysis and creative problem-solving skills along with excellent attention to detail. This position also requires strong written communications skills because the Sr Forecasting Analyst will be responsible for developing written communications that will be sent to Senior Executives and External Stakeholders, such as the FL PSC. Experience in financial analysis, accounting, forecasting, or economics is highly preferred.


This job is responsible for developing customer and sales forecasts, analyzing and reporting actuals versus forecast, and supporting regulatory proceedings. Responsibilities include:

  • Develop and analyze customer, energy sales, and peak demand forecasts using econometric and/or statistical models
  • Researches and proposes new data sources and forecasting methods
  • Lead efforts to review and validate data inputs into the long-term forecasting model and work with cross-functional teams to correct data errors in source systems
  • Monitor load forecast accuracy and develops solutions to improve accuracy
  • Support the monthly and quarterly financial reporting processes by analyzing variances, providing explanations of variance drivers, and provide support to various groups such as Accounting and Investor Relations
  • Prepares presentations and reports for Senior Executive
  • Provide support for various regulatory proceedings, such as FPL’s Ten-Year Site Plan report and rate cases
  • Monitor economic outlook for FPL’s service area and analyze potential impacts on customer and sales growth
  • Perform ad hoc analyses

Required Qualifications

  • Bachelor’s Degree
  • Experience in financial analysis, accounting, forecasting, or economics
  • 5+ years of relevant experience

Preferred Qualifications

  • Master’s Degree
  • Experience with financial or statistical software, such as SAP, UI, MetrixND, or EViews, is helpful

Job Overview

This job is responsible for creating long-term forecasts and position reports.

Job Duties & Responsibilities

  • Researches and proposes new data sources and methods of analysis
  • Analyzes accuracy and effectiveness of load profiles and recommend improvements
  • Identifies causes for load forecast errors outside of the target range and develop solutions to improve performance
  • Develops and prepares long term and/or short term forecasting models
  • Monitors and analyzes load forecast accuracy, creates transparency into drivers causing load forecast errors, and performs load forecast variance reporting
  • Handles varied and complex projects and analysis
  • Prepares presentations and reports for management
  • Identifies and correct customers with significant load forecasting anomalies
  • Leads efforts to review and validate data inputs into the long-term forecasting model and works with cross-functional teams to correct data errors in source systems
  • Supports automation efforts to import all data into load forecasting system
  • Performs other job-related duties as assigned

Required Qualifications

  • Bachelor’s Degree
  • Experience: 5+ years

Preferred Qualifications

  • Master’s Degree


Employee Group:  Exempt
Employee Type:  Full Time
Job Category:  Finance, Accounting & Business Analytics
Organization:  Florida Power & Light Company 
Relocation Provided:  No


Where permitted by applicable law, NextEra Energy requires all employees and new hires to be fully vaccinated for COVID-19 or be willing to receive the COVID-19 vaccination on or before the first day of employment.


NextEra Energy is an Equal Opportunity Employer. Qualified applicants are considered for employment without regard to race, color, age, national origin, religion, marital status, sex, sexual orientation, gender identity, gender expression, genetics, disability, protected veteran status or any other basis prohibited by law. We are committed to a diverse and inclusive workplace.


NextEra Energy provides reasonable accommodation in its application and selection process for qualified individuals, including accommodations related to compliance with conditional job offer requirements, consistent with federal, state, and local laws. Supporting medical or religious documentation will be required where applicable and permitted by applicable law. To request a reasonable accommodation, please send an e-mail to, providing your name, telephone number and the best time for us to reach you. Alternatively, you may call 1-844-694-4748. Please do not use this line to inquire about your application status.


NextEra Energy will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information.


NextEra Energy does not accept any unsolicited resumes or referrals from any third-party recruiting firms or agencies. Please see our policy for more information.


Nearest Major Market: Palm Beach
Nearest Secondary Market: Miami