Cost Savings Analyst
About The Position
The Cost Savings Analyst will track and monitor APIs savings commitments utilizing market research reports and API intelligence to present suitable options for meeting saving commitments. This role involves interpreting data, analyzing invoices and prior airline/railway/cruise line spend to produce COA (Total Cost of Accommodations) to establish a baseline spend. The analyst will maintain Savings Matrices for assigned partners, tracking selected hotels against the baseline spend, and analyze airline spend to suggest savings options using market reports, trends, and API intelligence. The position also supports moving ideas through the client evaluation process, delivers market landscape research, flight pattern analysis, and contract term improvements, and identifies/interprets trends in complex data sets. Additionally, the role involves implementing improvements to the savings matrix process and may be assigned other duties by the Manager of Savings Performance as needed.
Requirements
- High learning agility – ability to pivot when research leads to a dead-end or uncovers a new tangent.
- Internally Motivated - Ability to proactively and independently address a research-related challenge, identify and pivot to a new method of uncovering relevant information, and actively continue investigation until the challenge is solved.
- Strong analytical skills with the ability to collect, organize, analyze, and disseminate significant amounts of information with attention to detail and accuracy.
- Adept at queries, report writing and presenting findings.
- Great attention to detail and the ability to produce high quality work.
- Ability to prioritize and meet deadlines in a fast-paced corporate environment.
- Exceptional verbal and written communication skills.
- Able to build strong relationships and work in a team environment.
- Ability to multitask.
- Proficient in Microsoft Office suite; Word, Outlook, Excel, and PowerPoint.
- Impeccable integrity, analytical skills and a strong work ethic.
Nice To Haves
- Experience in the travel industry and working closely with hotels is preferred.
- Ability to positively present API in customer facing situations.
- Customer service and client relationship skills.
- Ability to work with and understand diverse cultures here and abroad.
- An organized self-starter who can work proactively and independently.
- Proficiency in Salesforce platform preferred.
Responsibilities
- Track and monitor APIs savings commitments utilizing market research reports and API intelligence.
- Interpret data, analyze invoices and prior airline/railway/cruise line spend.
- Produce COA (Total Cost of Accommodations) to establish a baseline spend.
- Maintain Savings Matrices for assigned partners, tracking hotels selected, and hotels presented against the baseline spend.
- Analyze airline spend and suggest savings options utilizing Smith Travel Research, market reports, market trends, and API intelligence.
- Support moving ideas/opportunities through client evaluation process.
- Deliver focused market landscape research, flight pattern analysis and contract term improvements for defined opportunities.
- Identify, analyze, and interpret trends or patterns in complex data sets.
- Implement improvements to the savings matrix process to best serve our clients.
- Perform other job duties as assigned to the Manager of Savings Performance when needed, based on the client’s or API’s needs.
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Education Level
No Education Listed
