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