Revenue Management Analyst Job Description
Revenue management analyst
provides business consulting services to Revenue Management team including systems integration best practice, and process excellence principles.
Revenue Management Analyst Duties & Responsibilities
To write an effective revenue management analyst job description, begin by listing detailed duties, responsibilities and expectations. We have included revenue management analyst job description templates that you can modify and use.
Sample responsibilities for this position include:
Develop a thorough understanding of the application’s user interface, both from functional and business process standpoint, in order to train airline revenue management analysts and also help in tool adoption into customer’s business processes
Lead onsite customer meetings as a Subject Matter Expert, participate in Interactive Pilot Assessment meetings, understand customer's business processes and map to solution capabilities
Helps deploying, understanding and utilising Net Revenue Management capability platform, tools and systems (incl
Running commercial and trend analysis, scenario modelling and opportunity assessment leading to a commercial insight and recommendation, by using enterprise class Business Intelligence tools and processes
Interact with sales teams to provide subject matter expertise for pricing architecture and promotional strategies
Managing the distribution of AA’s Inventory to Global Distribution Systems (GDS), Online Travel Agencies (OTAs), AA's direct channels including AA.com
Executes complex and comprehensive analyses to support the development of national and/or channel-level promotion strategies that deliver on U.S. portfolio/brand business objectives (e.g., share vs
Utilise systems, tools and reports in the prescribed way to ensure all revenue management decisions are supported with relevant data analysis
Support all Revenue Managers and Assistant Directors in the RMCC to ensure a constant and consistent delivery of Revenue Management reporting materials and to drive the business processes forward
Involved in end to solution implementation life cycle as a Subject Matter Expert (SME) starting from Interactive Pilot Assessment through transition to customer care following cutover
Revenue Management Analyst Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Revenue Management Analyst
List any licenses or certifications required by the position: HFMA, PM, CIA, CISA, CPA
Education for Revenue Management Analyst
Typically a job would require a certain level of education.
Employers hiring for the revenue management analyst job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Finance, Economics, Business, Statistics, Accounting, Business/Administration, Mathematics, Engineering, Marketing, Education
Skills for Revenue Management Analyst
Desired skills for revenue management analyst include:
Processes
Revenue optimization and forecasting systems
Strategies
Project plan development
Workflow analysis and change management/process improvement methodologies
Microsoft Office programs
Systems
Economic principles
Excel
Pricing science
Desired experience for revenue management analyst includes:
SQL functions include building tables, creating indexes and keys
Work collaboratively in a team environment with project manager, account managers, implementation and development resources to meet customer expectations regarding solution implementation, issue resolution during solution adoption phase, and also resolution of maintenance issues / service requests post production cutover
Lead the data gathering process prior to solution implementation phase
Perform data validation checks in the context of AirVision Revenue Manager at all stages of solution implementation and delivery
Bachelor's degree or equivalent technical experience strongly desired
Airline experience, including reservations, fares & pricing, revenue accounting, finance and/or revenue management very helpful
Revenue Management Analyst Examples
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Revenue Management Analyst Job Description
Job Description Example
Our company is looking for a revenue management analyst. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for revenue management analyst
- Helps deploying, understanding and utilising NRM capability platform, tools and systems (incl
- Running commercial and trend analysis, scenario modelling and opportunity assessment leading to a commercial insight and recommendation, by using enterprise class BI tools and processes
- Monitor own strategies and identify overall opportunities to improve given reservation trends and other factors
- Supports preparations of RM seasonal planning activities, including segment goals, market outlook and strategies needed to achieve targets
- Lead the analytical efforts related to measuring the effectiveness of brand and enterprise rate plan and channel selling strategies and performance, including building models to test various revenue impact scenarios of potential changes
- Serves as a liaison with the IT department with external groups and business partners engaging in the identification, development, and testing of new applications and enhancements as they relate to revenue planning systems
- Support the development of key planning tools created by the RMM System and Analytics team
- Resolve and track issues / inquires from Sales Order and OpenAir projects as they arise and address root cause problems
- Support the business in analytics, business and account reviews
- Respond to ad-hoc analysis requests from the business and RMM leadership
Qualifications for revenue management analyst
- Familiar with the Mass market and 310-Business, eChat and Gateways Solutions channels
- University/college commercial or finance degree
- 3-5 years commercial finance/data analysis experience within an FMCG company and ideally some cross-functional and commercial experience
- Curious, willing to dig deeper into data and explore relationship between data and business outcomes, able to draw insights from data
- Ability to share knowledge both internally and remotely
- Knowledge of revenue accounting is preferred
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Revenue Management Analyst Job Description
Job Description Example
Our innovative and growing company is hiring for a revenue management analyst. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for revenue management analyst
- Manage / contribute / participate in projects which will improve the efficiency or effectiveness of the RMCC department, reports, process, or procedures
- Follow best practice and standard operating procedures for the RMCC to ensure that all commercial decisions are supported by appropriate data analysis and provide all relevant reporting required
- Feed ideas and suggestions to strive for constant improvement of operating procedures
- Build an effective working relationship with hotel commercial teams and operations to maintain their trust and confidence in the Revenue Management decisions and actions being taken pertaining to inventory and rate control, pricing and overbooking
- Gather data from a variety of internal and external sources
- Perform quantitative and statistical analysis of data collected
- Prepare periodic financial reports, dashboards and executive scorecards
- Build models and assist in ad-hoc decision support and scenario analyses
- Perform ad-hoc analysis on initiatives impacting United's flights
- Publish reports and be able to present analyzed data in a concise and understandable view
Qualifications for revenue management analyst
- Completion of an Undergraduate Degree - preferably in Business, Economics, or related field
- Curious and motivated to learn
- Demonstrates excellent communication skills - is comfortable sharing analysis insights and key findings to executives
- BS/BA degree with significant coursework or experience in a quantitative discipline (economics, mathematics, engineering, finance, ) or graduate degree
- Masters degree in Operations Research, Industrial Engineering, or Statistics preferred
- Bachelors degree from four-year college or university required (in Computer Science, Operations Research, Industrial Engineering or Statistics helpful)
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Revenue Management Analyst Job Description
Job Description Example
Our company is growing rapidly and is looking for a revenue management analyst. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for revenue management analyst
- Prepare and reconcile data for conversion through data mapping and validation processes, according to translation rules
- Assesses market performance of revenue management plans across services and segments
- Track daily business performance through the creation of standard and ad hoc reporting and analyses
- Evaluate group business for profitability
- Provides support and analysis for the development of the trade spend strategic plan and creation of the Price & Trade Investment Strategy
- Provides support and analysis in the development the JMS / Business Unit Price & Strategic Planning and the Price Architecture Guidelines
- Colloborates with cross functional partners in Marketing, Finance, and the Market Development Organization
- Colloborate on new product development and innovation, particularly when it comes to providing guidance on pricing strategy
- Improve the quality of all sourced inventory in terms of volume, destinations, seasons and timing
- Create sourcing targets for client servicing teams and provide regular business insight and tracking support to assist them in the achievement of targets
Qualifications for revenue management analyst
- Demonstrated ability to develop and implement applications using a programming language, especially PL/SQL, SAS, JAVA, and UNIX
- Experience coaching and developing professional staff
- Ability to communicate clearly and effectively to business and technical audiences in both spoken and written formats
- Masters of Business Administration (MBA) or Masters degree (MA) preferred
- Bachelors degree (BA) from four-year college or university required with focus in quantitative discipline preferred
- Two years related experience in financial / business analysis or related field preferred
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Revenue Management Analyst Job Description
Job Description Example
Our growing company is looking for a revenue management analyst. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for revenue management analyst
- Leverage available tools (POP, IRI, Margin Minder) and other customer-specific information to drive DPS strategies
- Provide monthly analysis and critique to key stakeholders, including State of the Business updates, Forecasts, Pace trends and Market Share trends
- Provide support and help maintain Analysis tools and develop analysis to identify revenue opportunities and analyze performance for transient and group segments
- Provide Cargo sales managers with guidance on short and long term contracts promotion and spot rates to maximize cargo revenue and profit margin
- Posts payments for WGLE Handbills and other accounts
- Tracks and audits customer payments posted by Customer Care center
- Provide customer- and WD-specific performance reporting as needed
- Research, analyze, validate, and prepare data for use in monitoring and reporting, strategy support, and special projects
- Establish metrics, identify trends and make recommendations
- Create and maintain custom reports and/or data files
Qualifications for revenue management analyst
- Experience solving large-scale problems and familiarity with the airline industry are a plus
- Working knowledge of SAS, R, Python, Java, or other relevant programming languages is also preferred
- Ability to manage multiple priorities across various cultures and time zones with internal and external partners
- Aptitude for problem identification and resolution including securing inter-departmental and intra-departmental cooperation
- Interest in optimization, economic game theory, and consumer buying behavior
- Experience with SQL, SAS strongly preferred
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Revenue Management Analyst Job Description
Job Description Example
Our company is growing rapidly and is looking to fill the role of revenue management analyst. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for revenue management analyst
- Own the funding processes, governance and tracking
- Summarize and communicates revenue trends and analysis on corporate, brand, region, portfolio and property levels to relevant audiences
- Support the Manager of RMM in the development of price/pack strategy
- Work with Sales Teams to support Customer centric initiatives
- Adopt and utilize exception reporting designed to help isolate revenue opportunities and take appropriate actions to correct and capture additional revenue
- Evaluate the forecast for their regions daily to ensure the recommendations provided by CMS are based on a solid projection of both future business conditions and the operational realities of the business
- Own the annual pricing process by partnering with pricing coordinators and key account managers to ensure timely entry of rate actions
- Manage the weekly and monthly Rev Man reports, scorecards and performance analysis, including the updating and maintenance of these reports in a timely and accurate manner
- Review and approve Price Change Requests (PCRs) in line with marketplace pricing architecture
- Monitor customer and package pricing performance on a weekly basis to understand variances to Forecast and Plan
Qualifications for revenue management analyst
- 3+ years of experience in the Healthcare revenue cycle required
- Continue to develop an industry leading departmental education program that will transform the way in which analysts develop technical, interpersonal, and leadership skills throughout their life cycle in RM
- Champion creative solutions to meet continuously changing staffing needs
- 2-year degree from an accredited university in Business Administration, Finance and Accounting, Economics, Hotel and Restaurant Management, or related major & min
- Strong business communication skills, oral and written
- Possesses strong business objects or similar reporting tool history and skillset