About this role
Summary The role of Revenue Management Assistant Manager 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
Responsibilities
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
• Assigns work and monitors to ensure quality and completion; seeks developmental opportunities for team
• Regularly provides objective and actionable performance feedback
• Aside from being individually innovative, also able to foster innovation amongst team members
Requirements
• Degree with a numerical discipline
• Energy and enthusiasm, with demonstrable can-do attitude
• 3-5 years of experience in a similar role and experience leading a team would be an advantage
• Strong numerical and analytical skills with commercial acumen
• 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