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Build should-cost models with time-series and econometric methods
Add macroeconomic indicators and commodity prices as cost drivers
Explain which factors drive each cost estimate to stakeholders
Validate models with time-series cross-validation and guard against leakage
Work with spend data and commodity price indexing for procurement analytics
Develop "should-cost" models using time-series and econometric methods
Incorporate macroeconomic factors and economic indicators as drivers of cost
Make model outputs explainable to stakeholders, showing which factors drive each cost estimate
Apply time-series cross-validation techniques to ensure model robustness
Work with spend data and commodity price indexing to support procurement analytics
3+ years of experience in data science, with a focus on time-series and econometric modeling
Proficiency in Python, Prophet, and Chronos
Experience in procurement analytics, working with spend data and commodity price indexing
Expertise in time-series cross-validation and explainable AI
English proficiency at B2 level or higher
We are seeking a Senior Data Scientist to build data-driven "should-cost" models that estimate what goods and services ought to cost, leveraging time-series and econometric methods to support procurement analytics. Responsibilities Develop "should-cost" models using time-series and econometric methods Incorporate macroeconomic factors and economic indicators as drivers of cost Model the relationships between commodity prices, spend data, and external economic variables Make model outputs explainable to stakeholders, showing which factors drive each cost estimate Apply time-series cross-validation techniques to ensure model robustness Prevent data leakage and overfitting in time-series models Distinguish between correlation and cointegration, and determine when each applies Select relevant features for time-series and econometric models Work with spend data and commodity price indexing to support procurement analytics Requirements 3+ years of experience in data science, with a focus on time-series and econometric modeling Proficiency in Python, Prophet, and Chronos Experience in procurement analytics, working with spend data and commodity price indexing Understanding of economic indicators, spend analysis, commodity pricing, and supplier diversity metrics Expertise in time-series cross-validation and explainable AI Proven ability to prevent data leakage and overfitting in time-series models Understanding of the difference between correlation and cointegration, and when each applies English proficiency at B2 level or higher
Actively hiringFirst seen by us 2 days ago, still listed, and not a repost of an earlier posting.
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Day 2
Early. Similar jobs usually come down between day 7 and day 55.
From 9,988 similar postings that came down. Coming down is not always a hire.
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We file this job under Data Scientist, by the work the posting describes.
Data scientists use statistics and models to answer harder questions, such as whether a change worked, what demand will look like next quarter, or which customers are likely to leave.
Postings usually ask for Python or R, SQL, statistics, experiment design and common machine learning methods.
Unlike an ML engineer, a data scientist's main output is often an analysis or a first model, not software running inside a product.
Source: US Bureau of Labor Statistics, Occupational Employment and Wage Statistics (May 2025) and Employment Projections (2025 to 2035). Occupation code 15-2051.
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