Section Manager, Revenue Management

23 hours ago

East Region, Singapore Scoot Full time $120,000 - $150,000 per year

Summary
We are searching for a highly motivated Revenue Management Section Manager in our team. You will be responsible for the development and implementation of revenue management strategies and tactics for a given set of routes/ markets and inventory control measures. If you're ready to make an impact and help Scoot soar to new heights, we'd love to have you onboard

Job Description
Revenue Management Strategy

  • Assess and segment demand based on market conditions to optimise capacity utilisation and revenue generation.
  • Maximise revenue by managing inventory and seat availability across all routes and connecting itineraries originating from the assigned point of origin/commencement.
  • Identify opportunities to stimulate incremental traffic and optimise load factors through demand forecasting and capacity adjustments.
  • Monitor and analyse market trends, competitor performance, and booking patterns to inform revenue management strategies.
  • Collaborate closely with revenue analysts, overseas managers, and market contacts to identify revenue opportunities and implement timely actions to maximise network performance.
  • Monitor and validate the accuracy of demand forecasts and competitive data inputs to support optimal decision-making.
  • Drive best practices in the utilisation of forecasting and competitive strategy tools, ensuring processes are standardised and consistently adhered to across the team.

Revenue Management Systems Maintenance

  • Ensure the effective configuration, maintenance, and optimisation of revenue management systems, specifically focusing on competitive strategy and forecasting modules.
  • Collaborate with system vendors and internal stakeholders to implement enhancements and resolve system-related issues to improve forecasting accuracy and competitive positioning.
  • Regularly review system performance and outputs to ensure alignment with revenue management objectives and market dynamics.

Requirements

  • Degree with a numerical discipline
  • 6-8 years of experience in a similar role and 3-5 years experience leading a team would be an advantage
  • Strong numerical and analytical skills with commercial acumen
  • 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

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