Revenue Executive
Posted on :
17-10-2024
Employer Active
1 Vacancy
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Job Description
Job Overview:
The Revenue Executive is responsible for overseeing the revenue processes ensuring accurate and timely reporting of all revenuerelated financial information. This role includes supervising staff involved in revenue processing and collection and working closely with reservations and other departments to maximize revenue streams enhance financial controls and contribute to the overall profitability of the company.
Responsibilities:
- Daily pickup analysis strategy adjustments and reporting
- Consistent weekly and monthly revenue reporting ensuring accuracy and compliance with financial standards.
- Conduct detailed revenue analysis identifying trends variances and opportunities for improvement.
- Collaborate with the Director of Revenue to develop and implement revenue optimization strategies.
- Perform competitive benchmark studies and follow market trends
- Ensure all related systems are configured correctly validated and working to full capacity
- Responsible for the entire distribution framework rate code and package management
- Ensure web site booking process and all other distributon tools and channels are maintained uptodate and functional
- Regularly check the input and the quality of data (segmentation & channel)
- Lead and supervise a team responsible for billing invoicing and revenue collection ensuring adherence to company policies.
- Ensure accurate reconciliation of revenue reports with accounting systems
- Assist in preparing monthly revenue forecasts budgets and projections in collaboration with the finance team.
- Assist with internal and external audits ensuring proper documentation and explanation of revenue transactions.
- Ensure compliance with company policies industry regulations and tax requirements related to revenue.
- Prepare and present financial reports to senior management regarding revenue performance forecasts and key performance indicators (KPIs).
- Identify and implement improvements in the revenue management process to enhance efficiency and accuracy.
- Address and resolve customer inquiries or issues related to revenue discrepancies.
- Collaborate with all third party partners to manage and oversee the overall strategy
Qualifications :
Qualifications:
- Bachelors degree in Finance Accounting Business Administration or a related field.
- Minimum 35 years of experience in revenue management accounting or a related role. Prior experience in reservations is a must.
- Prior supervisory experience is a plus.
- Strong analytical and problemsolving skills.
- Computer literate with a highlevel command of MS Office(Excel Macros & Powerpoint) and other data analysis tools
- Knowledge of technology systems: PMS RMS GDS CRS Extranets & Business Intelligence Tools
- Excellent communication skills.
- Ability to work under pressure and meet tight deadlines.
- Strong attention to detail and a commitment to accuracy.
Remote Work :
No
Employment Type :
Fulltime
Employment Type
Full-time
Key Skills
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