Assistant Manager, Revenue Management

3 days ago


Singapore Scoot Tigerair Pte Ltd Full time

Summary

The role of Assistant Manager, Revenue Management, 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

People Management- Assign work and monitor to ensure quality and completion; seek developmental opportunities for team- Regularly provide objective and actionable performance feedback- Aside from being individually innovative, also able to foster innovation amongst team members

Job Requirements- Degree with a numerical discipline- 3-5 years of experience in a similar role would be an advantage

Skills:


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