Analyst, Revenue Management

2 weeks ago

Singapore Scoot Full time $60,000 - $120,000 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

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