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Analyst, Revenue Management

2 weeks ago

East Region, Singapore Scoot Full time $104,000 - $130,878 per year

Summary
The role of Revenue Analyst is to be responsible for the development and implementation of revenue management strategies and tactics for a given set of routes/ markets and inventory control measures.

Job Description
Revenue Management & Strategy

  • 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
  • Benchmark and monitor pricing strategy vs competition
  • 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.

Revenue Budgeting/ Forecasting

  • Development of annual revenue budget/ targets by month for assigned routes
  • Monthly forecast review and adjustments

Systems Settings/ Maintenance

  • Ensure timely and accurate set up of system influences and strategies

Requirements

  • Degree in any numerical discipline
  • 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