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- Tasks: Maximize revenue through pricing strategies and market analysis.
- Company: Join a dynamic team focused on driving profitability in Bradford.
- Benefits: Flexible part-time hours, competitive salary, and collaborative work environment.
- Why this job: Great opportunity to develop skills in data analysis and revenue management while making an impact.
- Qualifications: Experience in revenue management or related field preferred; analytical mindset required.
- Other info: Work 25-30 hours over 2-3 days or compact into 2 days.
Revenue Manager (Part-Time) £28,000- £35,000 #INDCB Location: Bradford Hours: 25-30 hours split over 2-3 days or can compact into 2 days The Revenue Manager is responsible for maximising the organisation's revenue and profitability by developing and implementing pricing strategies, analysing market trends, and optimising inventory management. This role involves close collaboration with sales, marketing, and operations teams to ensure revenue targets are achieved and exceeded. Key Responsibilities Revenue Strategy Development Develop and execute revenue management strategies to optimise pricing and inventory. Analyse historical data, market trends, and competitor activity to forecast demand and set pricing models. Identify opportunities to maximise revenue across all business channels.Data Analysis and Reporting Monitor daily, weekly, and monthly revenue performance against forecasts and targets. Generate detailed reports on revenue trends, market share, and performance metrics. Use data analytics tools to evaluate the effectiveness of pricing strategies and make recommendations for improvement.Inventory and Channel Management Manage inventory allocation and availability across all distribution channels to maximise occupancy and revenue. Collaborate with sales and marketing teams to ensure promotions and offers align with revenue goals. Evaluate and optimise distribution channels, including online platforms and third-party partners.Team Collaboration Work closely with operations, sales, and marketing teams to align business objectives with revenue strategies. Provide guidance and training to team members on revenue management principles. Participate in regular meetings to review performance and adjust strategies as needed.Compliance and Best Practices Ensure all pricing and revenue management strategies comply with organisational policies and industry standards. Stay updated on industry trends and emerging technologies in revenue management. Qualifications and Skills Education and Experience Bachelor's degree in finance, business, hospitality, or a related field (required). Proven experience in revenue management, pricing analysis, or a related role (preferred). Experience in [industry-specific systems, e.g., property management systems (PMS) for hospitality] is advantageous.Skills and Competencies Strong analytical and problem-solving skills. Proficiency in data analysis tools (e.g., Excel, Tableau, Power BI). Knowledge of revenue management systems and techniques. Excellent communication and presentation skills. Ability to manage multiple tasks and prioritise effectively.Personal Attributes Strategic thinker with a results-driven mindset. Detail-oriented and highly organised. Collaborative and able to work effectively across teams. Key Performance Indicators (KPIs) Achievement of revenue and profitability targets. Accuracy of revenue forecasts and pricing strategies. Market share growth and channel performance. Timeliness and quality of reporting and analysis
Revenue Manager employer: Major Recruitment Leeds
Contact Detail:
Major Recruitment Leeds Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Revenue Manager
✨Tip Number 1
Familiarize yourself with the latest revenue management software and tools. Being proficient in these technologies can set you apart from other candidates and show that you're ready to hit the ground running.
✨Tip Number 2
Stay updated on market trends and competitor pricing strategies. This knowledge will not only help you in interviews but also demonstrate your proactive approach to revenue management.
✨Tip Number 3
Network with professionals in the industry, especially those who work in revenue management. They can provide insights and potentially refer you to opportunities within their organizations.
✨Tip Number 4
Prepare to discuss specific examples of how you've successfully implemented pricing strategies or improved revenue in previous roles. Real-life success stories can make a strong impression during your interview.
We think you need these skills to ace Revenue Manager
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Revenue Manager. Familiarize yourself with pricing strategies, market analysis, and inventory management to tailor your application accordingly.
Highlight Relevant Experience: In your CV and cover letter, emphasize any previous experience in revenue management, data analysis, or related fields. Use specific examples that demonstrate your ability to develop pricing strategies and analyze market trends.
Showcase Analytical Skills: Since the role involves significant data analysis, be sure to mention any relevant skills or tools you are proficient in, such as Excel, data analytics software, or reporting tools. Highlight how you've used these skills to drive revenue in past roles.
Tailor Your Application: Customize your cover letter to reflect your understanding of the company's goals and how your skills align with their revenue targets. Mention any specific strategies you would consider implementing based on your research about the company.
How to prepare for a job interview at Major Recruitment Leeds
✨Understand Revenue Management Fundamentals
Make sure you have a solid grasp of revenue management principles. Be prepared to discuss how you would develop and implement pricing strategies based on market trends and historical data.
✨Showcase Your Analytical Skills
Since the role involves data analysis, be ready to demonstrate your proficiency with data analytics tools. Bring examples of how you've used data to forecast demand and optimize pricing in previous roles.
✨Collaborate Effectively
Highlight your experience working with sales, marketing, and operations teams. Discuss specific instances where collaboration led to achieving or exceeding revenue targets.
✨Prepare for Scenario-Based Questions
Expect questions that ask how you would handle specific revenue challenges. Think about past experiences where you successfully maximized revenue and be ready to share those stories.
