Revenue Management Analyst

Hertz•West Bay Club, FL

9d•Onsite

About The Position

The Revenue Management Analyst is responsible for managing car rental pricing and availability for Hertz Global Holdings. This individual will generate strategies / reports / analysis to monitor, control, and improve revenue management policies and profitability. In conjunction with inter-departmental stakeholders, this individual will assist in the analysis and evaluation of Revenue Management practices. They will also help manage and create new processes and systems transitions. The Revenue Management Coordinator will work closely with core geographic Revenue Management operations teams to understand pain points and gaps related to after-hours coverage and GSA bids. Additionally, they work with the Rates & Services team to identify opportunities to assist with rate creation & development. The Revenue Management Coordinator is a Junior Analyst and may also be asked to analyze recent booking trends, summarize data, manage capacity levels, and perform ad hoc project work.

Requirements

Bachelor's Degree in a business related or analytical discipline, required.
Prior business experience required, even if only internships or part-time positions during/post undergraduate education
Solid understanding of economic concepts and pricing/yield management principles
Proficient in Microsoft Office applications, particularly Excel
Basic understanding of economic principles
Strong communication, analytical, and problem-solving skills are essential
Excellent written and presentation communications
Excellent interpersonal and collaborative skills
Must be adaptable to working in a rapidly changing and evolving environment

Nice To Haves

Prior experience in a pricing, yield, and/or quantitative marketing environment, preferred
Prior experience in the Rent-A-Car or travel industry, preferred

Responsibilities

Implement strategic revenue plan, leveraging analytics, to support profit contribution improvement and revenue share growth targets in key segments and markets of responsibility.
Implement mix optimization plan along key segmentation factors; including product, channel, and customer segments; to support Revenue Per Day (RPD), Revenue Per Vehicle/Unit (RPV/U), and market share improvement targets.
Identify and examine market, geographic regions, competitor landscape, and overall business trends in relation to revenue management.
Develop subject matter expertise and become the key point of contact for the automation of revenue management execution, including the management of granular rate/decision rules that feed pricing automation; as well as having accountability over the quality control of such automated execution.
Manage all administrative tasks related to revenue management across the North American Division.
Develop strong working relationships with corporate and field personnel and address field queries.