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Train Revenue Optimization Analyst

3 months ago

Montreal, Quebec, Canada VIA Rail Full time
Position Overview

VIA Rail is embarking on significant initiatives to enhance its services and infrastructure. Our commitment to modernizing our ultramodern train fleet and improving our reservation systems is paving the way for the future of transportation in Canada.

As a Train Revenue Optimization Analyst, you will play a crucial role in developing strategies for inventory management and action plans that aim to maximize revenue based on budget forecasts, demand trends, and capacity for various long-haul trains and markets.

Your responsibilities will include confirming group requests and supporting revenue management reports.


Key Responsibilities:
  • Formulate inventory management strategies, objectives, and action plans while being accountable for passenger revenue performance for designated long-haul trains and markets, aligned with budget forecasts, capacity, and demand.
  • Enhance seat allocations at the train level to optimize revenues utilizing VIA's revenue management forecasting tools. Analyze data to predict passenger demand by train and booking class.
  • Proactively identify revenue risks and communicate them to relevant commercial departments (Product, Sales, and Network Planning). Ensure that market strategies and challenges are effectively communicated and that all teams are aligned. Gather competitive data from the Sales group, provide capacity recommendations to the Network Planning group, and inform Product and Advertising groups about sales initiatives.
  • Monitor revenue management KPIs (ARRs, segment and OD reports, RASM, etc.). Conduct daily analyses of competition and train performance, focusing on critical routes. Measure performance outcomes and adjust strategies to maximize revenue.
  • Assist in the creation, maintenance, and distribution of Revenue Management and Commercial reports. Confirm group requests based on the allocation strategies of other Train Revenue Optimization Analysts.

Qualifications:
  • Bachelor's degree in Management Science, Economics, Statistics, or a related field.
  • A minimum of 3 years of experience in revenue management and yield optimization.
  • Three to five years of experience with revenue management systems and proficiency in statistics and data mining.
  • Proficient in Microsoft Office Suite and familiar with analytical tools and/or software.
  • Bilingual proficiency in written and spoken communication.
  • Experience with S3P is considered a significant advantage.

Core Competencies:
  • Strong analytical capabilities.
  • Ability to leverage technology for problem-solving.
  • Creativity and resourcefulness.
  • Skill in building effective working relationships.
  • Strong customer orientation.

At VIA Rail, we take pride in being an employer that values equity and diversity. We strive to create teams that reflect the rich diversity of Canadian society.

We are committed to removing barriers to employment accessibility and aim to provide an inclusive and equitable work environment where everyone is respected and valued, enabling them to achieve their full potential.

If you require assistance in making the recruitment process or the position you are applying for more accessible, please inform us. We will ensure that all information related to arrangements is kept confidential.


Why Work with VIA Rail?
  • Competitive salary along with a comprehensive compensation and benefits package.
  • Flexible options for hybrid remote work.
  • A supportive team environment.
  • Numerous opportunities for career growth.
  • A workplace that prioritizes employee health and well-being.
  • A wide array of health and wellness benefits for employees and their families, including unlimited telemedicine services.
  • Contribute to a sustainable transportation service that connects Canadian communities.
  • Recognized as an employer of choice and the most trusted carrier among transportation companies in the 2022 Canadian Reputation study published by Leger.

Discover more about VIA Rail:
Join our dedicated team of over 3,000 employees committed to providing Canadians with a safe, accessible, and environmentally sustainable travel experience.