Revenue Executive
4 days ago
Every Novotel is a destination in itself.
The natural and intuitive modern design gives our hotels a relaxed but lively atmosphere, making each area the perfect spot for guests and locals to have a drink, a bite to eat, work, play or just relax. Colleagues can realise their full potential through rewarding experiences and development opportunities within our incredible brands around the world.
Located in a bustling area of the emirate, our sleek, welcoming rooms and suites are a tranquil retreat. They include free Wi-Fi and wired internet, and an ergonomic workspace. Premium bedding and blackout curtains ensure a peaceful night's rest.
Job Description
1. Daily pick-up analysis, strategy adjustments and reporting
2. Consistent weekly and monthly revenue reporting, ensuring accuracy and compliance with financial standards.
3. Conduct detailed revenue analysis, identifying trends, variances, and opportunities for improvement.
4. Collaborate with the Director of Revenue to develop and implement revenue optimization strategies.
5. Perform competitive benchmark studies and follow market trends
6. Ensure all related systems are configured correctly, validated and working to full capacity
7. Responsible for the entire distribution framework, rate code and package management
8. Ensure web site booking process and all other distribution tools and channels are maintained up-to-date and functional
9. Regularly check the input and the quality of data (segmentation & channel)
10. Lead and supervise a team responsible for billing, invoicing, and revenue collection, ensuring adherence to company policies.
11. Ensure accurate reconciliation of revenue reports with accounting systems
12. Assist in preparing monthly revenue forecasts, budgets, and projections in collaboration with the finance team.
13. Assist with internal and external audits, ensuring proper documentation and explanation of revenue transactions.
14. Ensure compliance with company policies, industry regulations, and tax requirements related to revenue.
15. Prepare and present financial reports to senior management regarding revenue performance, forecasts, and key performance indicators (KPIs).
16. Identify and implement improvements in the revenue management process to enhance efficiency and accuracy.
17. Address and resolve customer inquiries or issues related to revenue discrepancies.
18. Collaborate with all third party partners to manage and oversee the overall strategy
Qualifications
1. Bachelor's degree in Finance, Accounting, Business Administration, or a related field.
2. Minimum 3-5 years of experience in revenue management, accounting, or a related role. Prior experience in reservations is a must.
3. Prior supervisory experience is a plus.
4. Strong analytical and problem-solving skills.
5. Computer literate with a high-level command of MS Office (Excel, Macros & Powerpoint) and other data analysis tools
6. Knowledge of technology systems: PMS, RMS, GDS, CRS, Extranets & Business Intelligence Tools
7. Excellent communication skills.
8. Ability to work under pressure and meet tight deadlines.
9. Strong attention to detail and a commitment to accuracy.
Your Team And Working Environment
Opportunities to make your mark. We provide an environment of trust, respect, and integrity. A home away from home. Where diversity and inclusion are celebrated. Privacy and personal information are protected. Through Accor's Employee Value Proposition, we ensure fair treatment and a workplace free from discrimination & harassment.
Our Commitment To Diversity & Inclusion
We are an inclusive company and our ambition is to attract, recruit and promote diverse talent.
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