Financial/Revenue Analyst Job at SkyWest Airlines
About SkyWest:
SkyWest employees enjoy a distinctive and unmatched culture of teamwork, respect, quality and professionalism, along with world-class benefits such as 401(k) match, Performance Rewards, health care, retirement and discounted travel worldwide. Primary Job Duties:
Revenue Management
SkyWest is the largest regional airline in the United States and partners with four major airline carriers. More importantly, we’re known for our reliability, service and our professional employees who operate more than 2,300 flights each day throughout North America. We have been esteemed as one of Glassdoor “Best Places to Work in 2020” and are known for an industry-leading workforce, an exceptional leadership team and our continued solid operational and economic performance.
SkyWest employees enjoy a distinctive and unmatched culture of teamwork, respect, quality and professionalism, along with world-class benefits such as 401(k) match, Performance Rewards, health care, retirement and discounted travel worldwide.
Financial/Revenue Analyst is responsible for maximizing seat revenue by initiating market competitive pricing and executing strategic financial/revenue management decisions for assigned markets. He/she must be able to evaluate multiple market influences and implement appropriate action to assure optimal seat revenue.
Revenue Management
- Utilize forecasting and optimization software and market competitive information to determine and implement market specific revenue management strategies
- Analyze and establish optimal inventory levels (including product mix, overbooking,)
- Determine flight parameters based on advance bookings, seasonality, forecast load factor, revenue value and other factors critical to flight performance
- Analyze revenue results on continuous basis, revising strategy as needed
Pricing
- Determine and implement fares for assigned markets
- Analyze influence of fare changes, schedule changes and competition on market revenue and initiate new strategy as needed
- Create and negotiate pricing products and/or programs that will serve as tools to increase revenue
Market Analysis
- Keep abreast of industry developments, identifying revenue opportunities and adjusting market strategy as needed
- Produce written analytical market study reports when applicable
- Must be able to learn and utilize multiple software programs and Global Reservation Systems
- Must be able to analyze data from flight level to industry level, determining patterns, trends, and deviations, and evaluate the significance thereof
- Must be able to demonstrate advanced software and data management skills. Aptitude to learn new technology and industry specific applications
- Must possess technical knowledge / skills to complete complex projects without any supervision. Technical competence includes an ability to generate ad-hoc reports and analyze complex data. Must have an ability to transfer and apply knowledge from one business case to another
- Must be capable of making independent decisions which affect bottom line revenue
- Familiarity with ATPCO, fares, rules and footnotes is a plus
- Must be able to handle multiple complicated tasks simultaneously
- Must possess above average working knowledge of mathematical functions
- Must be able to analyze effectiveness of own market strategies and revise as needed
- Bachelor's Degree (or higher) in Business, Economics, Statistics, Finance or a similarly related field is required.
- Must have excellent organizational, analytical and communication skills
- Sitting for long periods of time
- Only online applications will be considered
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