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Pricing/revenue Analyst

2 weeks ago

Singapore SCOOT PTE. LTD. Full time

**Main Responsibilities**

**Pricing Development**
- Assess and segment demand based on market conditions
- Maximise revenue by developing optimal fare structure on all routes and beyond points originating from assigned point of origin/commencement
- Identify opportunities for tactical pricing actions for incremental traffic
- Benchmark and monitor pricing strategy vs competition
- Set group policy, procedures and fares for a given portfolio of markets
- Regulatory fare filing where applicable
- Work closely with revenue analysts, sales managers and market contacts to identify revenue opportunities and take early pricing actions

**Revenue Management**
- Assess and segment demand based on market conditions
- Maximise revenue on assigned routes by optimising inventory control measures and overbooking management
- Work with Pricing Team to identify opportunities for tactical pricing actions for incremental traffic
- Identify opportunities to maximise revenue through demand forecast/ inventory adjustments without significant adverse impact on demand and market share
- Drive revenue management best practices and enhancements to the revenue management system
- Work closely with pricing team, overseas managers and market contacts to identify revenue opportunities and take early revenue management actions
- Post departure analysis to ensure strategies align with expected outcomes through constant evaluation of no-shows, go-shows, cancellations, and demand shifts.
- Monthly forecast review and adjustments & development of annual revenue budget/ targets by month for assigned routes

**Systems Settings/ Maintenance**
- Ensure timely and accurate update of fares in relevant distribution channels
- Ensure timely and accurate set up of system influences and strategies

**Requirements**:

- Degree, preferably from a numerical discipline
- Energy and enthusiasm, with demonstrable can do attitude
- Self-starter
- 1-2 year of experience in a similar role would be an advantage

**Key Skills**
- Strong numerical and analytical skills with commercial acumen
- Fluent written, spoken and reading capability in English
- High level of accuracy and detail
- Strategic outlook and understanding
- Excellent communication skills and experience in working with people at all levels.
- Ability to maintain the overview and see the bigger picture
- Able to create and maintain strong internal and external networks
- Able to handle simultaneous projects and adapt to a fast-paced, changing environment