About this role
<p style="margin-left:-5.0px"><span style="color:#06038d"><span style="font-family:Gotham"><span style="font-size:14.6667px">Wizz Air is a leading European low-cost airline. Our mission is to provide affordable and reliable air travel to everyone, everywhere, while minimizing our environmental impact. We are proud to foster a diverse and inclusive team of over 8,000 employees from more than 110 nationalities, who share our values of inclusivity, positivity, dedication, integrity, and sustainability.</span></span></span></p> <p style="margin-left:-5.0px;text-align:justify"> </p> <p style="margin-left:-5.0px;text-align:justify"><span style="color:#06038d"><span style="font-family:Gotham"><span style="font-size:14.6667px">As a rapidly expanding airline, we offer exciting career opportunities across a range of functions, from flight operations to engineering, customer experience, finance, and more. We provide extensive training and development opportunities to help our employees grow and succeed in their roles. Joining Wizz Air means joining a team that is passionate about aviation, dedicated to excellence, and committed to making air travel accessible and sustainable for all. If you are looking for a challenging and rewarding career in the aviation industry, we welcome you to explore our job opportunities and become a part of our success story. </span></span></span></p> <p style="margin-left:-5.0px;text-align:center"> </p> <p style="margin-left:-5.0px;text-align:center"><span style="font-size:18.0px"><b><span style="color:#c6007e"><span style="font-family:Gotham">Forecasting Manager</span> </span></b></span></p> <p style="margin-left:-5.0px;text-align:center"><span style="color:#06038d"><span style="font-family:Gotham"><span style="font-size:14.6667px">Based in Budapest</span></span></span> </p> <p style="margin-bottom:1.0;margin-left:-4.0pt;margin-right:0.0cm;margin-top:0.0cm"> </p> <p> </p> <div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:16.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px">Purpose of the role</H2> </div><div><p>The Forecasting Manager is responsible for coordinating and developing the revenue forecasting procedures of the airline, modelling the revenue outlook, and setting up long-term route level forecasts. This role involves leading the revenue budgeting process and cooperating with multiple departments, such as Network, Data Science, and Pricing & Revenue Management teams, to optimize revenue forecasts and accuracy. </p> </div></div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:16.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px">Responsibilities</H2> </div><div><ul> <li>Coordinating and developing the revenue forecasting procedures of the airline </li> <li>Modelling the revenue outlook based on forward bookings and sales trends </li> <li>Setting up long-term route level forecast based on regression models using macro factors </li> <li>Leading the revenue budgeting process </li> <li>Cooperating with the Network team on capacity optimization, simulating revenue impact of capacity scenarios </li> <li>Cooperating with the Data Science team to set up systematic processes to improve forecasting accuracy </li> <li>Cooperating with the Pricing & Revenue Management team to feed forecasting models with the latest market insights and pricing actions </li> </ul> </div></div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:16.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px">Experience</H2> </div><div><p>3-5+ years of overall working experience with 2+ years of experience in forecasting and modelling. </p></div></div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:16.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px">Hard skills</H2> </div><div><ul> <li>Outstanding analytical skills </li> <li>Master in setting up and maintaining complex Excel-based models </li> <li>Strong commercial acumen </li> <li>Advanced applied mathematics and economics expertise is a plus </li> </ul> </div></div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:16.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px">Education</H2> </div><div><p>Bachelor’s or Master’s degree </p> </div></div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:16.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px">Language</H2> </div><div><p>Fluent in English (both written and spoken). </p> </div></div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:16.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px">Skills and competencies</H2> </div><div><p>Strong drive, enthusiastic about working for a fast-growing future top 10 airline. </p> </div></div></div><p> </p> <p style="text-align:justify"><span style="font-size:11.0pt"><span><span style="font-family:Calibri, sans-serif"><span style="font-family:Gotham"><span style="color:#06038d">When applying, please only provide valid information regarding your educational background and certificates, as the original documents will be requested during the hiring process.</span></span></span></span></span></p> <p style="text-align:justify"><span style="font-size:11.0pt"><span style="font-family:Calibri, sans-serif"> </span></span></p> <p style="text-align:justify"><span style="font-size:11.0pt"><span style="font-family:Calibri, sans-serif"><span style="font-family:Gotham"><span style="color:#06038d">We look forward to meeting you and learning more about your skills and experience. Join the Wizz Air team and discover the world of opportunities. </span></span></span></span></p> <p style="margin-bottom:1.0;margin-left:-4.0pt;margin-right:0.0cm;margin-top:0.0cm"> </p> <p> </p>