Revenue Manager

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.