Revenue Manager

Revenue managers work in financial management, monitoring room sales and reservations, overseeing accounting and cash-flow matters at the hotel, projecting occupancy levels, and deciding which rooms to discount and when to offer special rates.

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Revenue Manager Job Description Template

Our company is looking for a Revenue Manager to join our team.

Responsibilities:

  • Team player with strong interpersonal skills;
  • Analytical approach to problem solving and demonstrated ability to “think outside of the box”;
  • Create and deliver strong and attractive bedrooms sales/promotion strategies to increase occupancy;
  • Collaborate with the revenue team to ensure that corporate initiatives and goals are met;
  • Own the revenue management system across the group;
  • Producing monthly management accounts including month-end journal entries and analysis;
  • Complete weekly projections and forecasts;
  • Update, analyse and communicate group reports to ensure the hotel is correctly positioned for each market segment;
  • Analyse, interpret, and explain statistical data to develop strategies and plan a course of action;
  • Outline key areas of risk on future revenue growth;
  • Optimising and exceeding revenue targets;
  • Manage day to day inventory;
  • Participate in preparing budgets and business plans;
  • Assisting in systems implementation and development;
  • Deputise for Head of Revenue Management.

Requirements:

  • Be a self-motivator and someone who is ready to challenge in the interest of continuous improvement;
  • Excellent communication and presentation skills;
  • Have the ability to manage in a diverse and luxury environment;
  • Be friendly, approachable and professional;
  • Excellent level of English;
  • Strong analytical and numerical skills with a high attention to detail;
  • Have strong organisational and time management skills with a high degree of flexibility;
  • Have a passion for your work and the ability to innovate, with a proven track record within 5 star luxury hotels;
  • Knowledge of revenue management systems;
  • Track record of driving continuous improvement;
  • Self-starter and strong communication skills;
  • Experience within a high data volume and fast paced business;
  • Strong excel skills;
  • High level of numeracy is required together with a good understanding of financial workings;
  • Strong analytical mindset.