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Analyst - Revenue & Pricing
2 months ago
WestJet is seeking a Revenue Analyst and Pricing Analyst to join its Pricing & Revenue Management Team. The ideal candidate will have a strong analytical background, excellent communication skills, and the ability to work in a fast-paced environment.
About the Role- Plan, analyze, and optimize forecasts and seat inventory availability on a portfolio of routes worth over $100 million annually to help maximize WestJet's unit revenue.
- Develop, lead, and execute complex financial and strategic revenue management initiatives to support department and corporate initiatives and projects to directly enhance revenue and profitability throughout the WestJet and WestJet Encore route network.
- Analyze changes in market conditions such as capacity, competition, schedules, and inventory to develop, implement, and track appropriate forecast and seat inventory strategies with the objective to achieve and exceed PRASM targets.
- Extract and manipulate large data sets to regularly analyze the competitive landscape, devise strategies, and evaluate results.
- Work closely with Network and Schedule Planning, Marketing, Sales, IT, Alliances, Rewards, Vacations, Product, and Revenue Accounting to jointly achieve network and revenue goals.
- Demonstrate ownership and fulfill assigned collateral duty and ad-hoc projects successfully.
- Recommend improvements to processes and reports.
- Assist in implementing new business process changes and reporting.
- Develop and effectively communicate market/pricing strategies to leadership teams and teammates.
- Monitor KPI performance, proactively adjusting and communicating strategies needed to meet goals.
- Demonstrate initiative consistently and manage a more challenging scope of markets in terms of unit revenue and business growth with limited supervision.
- Bachelor's Degree in Business, Quantitative Economics, Math, Statistics, Engineering, or Computer Science.
- 1-5 years in an analytical role or role incorporating business decision-making in a fast-paced environment.
- Experience with Microsoft Excel, MS Office, PROS or other Revenue Management system, DDS, SRS Analyzer, Sabre, Infare considered an asset.
- Experience with Tableau, Cognos, SQL, Oracle, VBA, Cognos, Python, R, SAS, and other analysis tools considered an asset.
- Business Acumen: Excellent communication and presentation skills and a unique ability to bridge the communication gap between executive and front-line audiences.
- Understanding and application of principles, concepts, and practices of Pricing and RM (revenue management) theory.
- Have a strong attention to detail and regularly make complex decisions with limited information on short timeframes.
- Comfortably deal with uncertain outcomes in a highly complex and rapidly changing environment.
- Able to work effectively alone and in a group environment.
- A fun and friendly culture with colleagues who work together to win.
- Travel privileges for you and your family, effective from your start date.
- Savings and Benefit programs that are flexible to meet your specific needs.
