Analyst, Revenue Management Job Description
Analyst, Revenue Management Duties & Responsibilities
To write an effective analyst, revenue management job description, begin by listing detailed duties, responsibilities and expectations. We have included analyst, revenue management job description templates that you can modify and use.
Sample responsibilities for this position include:
Analyst, Revenue Management Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Analyst, Revenue Management
List any licenses or certifications required by the position: HFMA, PM, CIA, CISA, CPA
Education for Analyst, Revenue Management
Typically a job would require a certain level of education.
Employers hiring for the analyst, revenue management 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 Analyst, Revenue Management
Desired skills for analyst, revenue management include:
Desired experience for analyst, revenue management includes:
Analyst, Revenue Management Examples
Analyst, Revenue Management Job Description
- Support the Director of RMM in the development of retail strategy
- Assist in providing recommendations based on analysis of pacing, demand, client performance
- Maintains U.S. Small Format Grocery/Snacks promotion guidelines and guardrails, informed by insights from deeper channel/customer-specific analyses, that minimize marketplace disruption
- Works directly with U.S. Small Format Grocery/Snacks Sales teams and Sales Finance to build optimized, event-level annual promotion plans during the annual Sales planning process, and to conduct quarterly in-year reviews of promotion effectiveness vs
- Assists in the development, management, and execution of a performance-based trade architecture that incents value-creating marketplace behavior
- Establish and maintain baseline historical pricing, seasonality, transaction volume, revenue, penetration, per capita, pricing
- Enable market assessment and insight development towards RGM recommendations
- Gather, interpret, and translate customer needs and translate business problems into requirements that facilitate application development
- Analyze and assess data and product performance to identify issues and ensure appropriate prioritization and compliance with service level agreements
- Build reporting solutions and develop/enhance existing scorecards, dashboards and other key reports that are to be utilized by management to monitor performance and communicate performance to the client
- Understanding of commercial and financial processes
- Technical knowledge of various reporting systems and Business Intelligence analytical tools is an advantage
- Contribute to profitable growth strategies by assessing, recommending and activating pricing and mix opportunities
- Provide analytical support to develop long range pricing and mix strategies
- Software as a Service (SaaS) experience is preferred
- SFDC, NetSuite and OpenAir experience are preferred
Analyst, Revenue Management Job Description
- Create analysis and presentations for quarterly earnings and board of director’s meetings
- Pull information from a number of internal data sources for own analysis or distribution
- Conduct investigative research, identify root causes and propose long-term solutions to business problems
- Performance multiple ad-hoc strategy analysis to help explain impact of revenue management actions, fleet levels, competitor actions
- Convey analysis and conclusions in effective presentations to communicate to senior management
- Assist management in mentoring and training professionals in less senior positions
- Carry out ad hoc and regular planned analysis and reviews on end-to-end business drivers- supply, demand, traffic, channel performance, product and devise and execute plans leveraging the results
- Lead the analytical efforts for various projects as directed by RM leadership, reporting out on results of various revenue generating initiatives, pilot programs, and or tests of revenue generating concepts
- Work closely with RM Performance Support Analysts to understand data integrity issues, source data used for reporting, data management topics and issues
- Review and approve production polling management configuration changes
- 3+ years of work experience in related field preferred
- Ability to lead projects, including coordinating business and technical needs, developing robust solution, addressing immediate and long term objectives, conducting proper testing, reviewing impact with business and end users, rolling out implementation and revisiting results following implementation
- Ability to interpret analytical results into meaningful business terms and translate business needs to programming and data modeling
- Ability to manage multiple decision support applications and projects
- Ability to pro-actively evaluate and address department needs
- Ability to foresee impacts of possible strategy and implementation impacts and address proactively
Analyst, Revenue Management Job Description
- Identify where shortfalls in supply put confirmations at risk and work with client servicing teams and marketing to source additional supply
- Direct interfacing with clients for Inventory workshops to provide insight on the performance of their inventory and the creation of customized win/win inventory scenarios
- Support client servicing teams in the resolution of client inventory concerns and problems coordinating all relevant departments as necessary
- Work with client servicing team to establish strong working relationships with clients
- Submit creative and effective methods to meet business needs in a timely manner
- The successful candidate will provide end-to-end business analytics, creative thought leadership, need to quickly understand the business, have a strong learning orientation, conduct analyses to develop and document business opportunities and follow through with action and outward communication to implement value creating ideas in an expedient manner
- This position may require travel up to 30% of time to meet with client’s onsite
- Implement mix optimization plan along key segmentation factors
- Develop subject matter expertise and become the key point of contact for the automation of revenue management execution, including the management of granular rate/decision rules that feed pricing automation
- Revenue Planning and Budget – Utilizing the Annual Revenue Plan, work with VP and Director to support the generation of brand RevPAR forecasts for the budget (annual forecast) and monthly forecast submissions
- Must be able to demonstrate understanding of revenue management concepts and tools and demonstrate understanding of basic economics
- Previous experience in implementing system enhancements and decision making tools preferred
- To perform this position successfully, the individual should be a self starter and be able to complete a project with little direction
- Knowledge of reservations system and revenue management data preferred but not required
- Candidate should have a degree (BS, MS, MBA, or PhD) in Operations Research, Economics, Industrial Engineering, Applied Mathematics or a related field
- An aptitude for logical analysis, problem identification, and problem solving excellent interpersonal and communication skills are required
Analyst, Revenue Management Job Description
- Seek and identify new approaches and/or process improvement opportunities
- Supervises and trains other analysts as needed
- Works independently, takes initiative, and thinks critically
- As an employee with Management level standing, demonstrates leadership qualities in all aspects of work
- Serve as the primary point of contact for revenue mangers for reporting requirements
- Provide on-demand data analysis to assist revenue managers during their hotel consultations
- Monitor targeted properties to track progress and identify areas of improvement
- Develop and lead additional ad hoc analyses to identify and understand key revenue metrics at property, brand, and regional levels
- Monitor targeted properties and market segments to track progress and identify opportunities for improvement
- Develop reporting and analysis tools for hotels, revenue managers, field staff, and corporate stakeholders
- Must have the ability to understand and explain complex systems and be effective working as a liaison between technical and non-technical group
- Candidate must be proficient in pricing and have a working knowledge of current pricing tools (AirPrice and/or NexGEN) and business processes
- Previous AA revenue management and AA pricing experience is preferred
- 2+ years of business experience, with strong preference for experience in Consumer Packaged Goods analytical role(s)
- Experience in Sales, Finance, Marketing, or analytical functions (e.g., Category Management)
- Familiarity with Consumer Packaged Goods industry customer base and working knowledge of retail merchandising and in store execution tactics
Analyst, Revenue Management Job Description
- Assist with Annual Operating Plan (AOP) and Quarterly Business Plan (QBP) review deck preparation
- Perform Trade Spend post audits to understand impact and return of investments
- Develop Regional insights and monitor Category trends and the Competitive environment using syndicated data to support decisions and drive improved performance
- Provide daily support to Region Sales teams and partner with Region Finance teams on various projects such as insights into the impact of Cook County Sweetened Beverage Tax
- Monitor daily notices from banks and regions regarding deposits and follow up on missing deposit information
- Create and distribute the Regional Reporting Package via shared drive to the regions and satellite offices, the VP of Patient Accounts
- Create and distribute assigned weekly, monthly, and quarterly Management reports for Patient Accounts
- Build Trade Marketing Promotion Review (TMPR) files
- Ongoing development of demand planning and finance update files for validation and dissemination by Regional Manager, Revenue Management
- Maintain and update Promotional Playbooks ongoing, based on TMPR outcomes
- At least 5 years of commercial finance/data analysis experience within an FMCG/CPG company and ideally some cross-functional and commercial CPG experience
- Technical knowledge of various reporting systems and BI analytical tools is an advantage
- Ability to take charge and drive initiatives
- Organized, detail-oriented, thorough and professional
- 2 years' experience in financial analytics role or a relevant related field required
- 3+ years prior experience in a pricing, yield, and/or quantitative analysis function required