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Revenue Manager

1 month ago

Jeddah, Makkah Province, Saudi Arabia RAFFLES Full time

We are seeking a highly skilled Revenue Manager to maximize our organization's revenue and profitability through strategic pricing and inventory management in Jeddah, Saudi Arabia. Key responsibilities include:

  • Develop and implement revenue management strategies to optimize pricing and inventory across all channels.
  • Analyze market trends, competitor pricing, and demand patterns to make data-driven decisions and forecast demand.
  • Collaborate with sales, marketing, and operations teams to align revenue management goals.
  • Monitor key performance indicators (KPIs) and generate reports on revenue performance for senior management.
  • Manage and optimize distribution channels to ensure maximum visibility and profitability.
  • Stay current with industry trends and best practices in revenue management.
Qualifications

The successful candidate must possess the following qualifications:

  • A Bachelor's degree in Business Administration, Finance, Economics, or a related field is mandatory; a Master's degree is strongly preferred.
  • A minimum of 5 years of extensive experience in revenue management, with a strong preference for expertise in the hospitality or travel industry.
  • Demonstrated proficiency in revenue management systems, advanced data analysis tools, and complex financial modeling.
  • Exceptional analytical capabilities, with a proven track record of interpreting intricate data sets and making strategic, high-impact decisions.
  • Comprehensive knowledge of sophisticated pricing strategies, advanced forecasting techniques, and in-depth market analysis.
  • Superior communication skills and the ability to perform effectively under high-pressure situations.
  • CRME certification is highly desirable.
  • Substantial, verifiable experience in yield management and implementation of dynamic pricing strategies.
  • Advanced proficiency in Microsoft Excel and PowerPoint; expertise in business intelligence tools such as Tableau or Power BI is a significant advantage.
  • In-depth understanding of distribution channels and online travel agencies (OTAs).
  • Demonstrated ability to manage multiple complex projects concurrently and consistently meet critical deadlines.
  • Strong leadership acumen with a proven history of mentoring and developing high-performing team members.
  • Exceptional problem-solving skills coupled with the ability to think innovatively to overcome complex challenges.
  • Fluency in English is essential; proficiency in Arabic or other languages is a valuable asset.
  • Willingness and ability to work non-standard hours, including weekends and holidays, as dictated by business needs.

These qualifications are crucial for the role and will be rigorously assessed during the selection process.

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