Pricing and Yield Analyst

The Pricing and Yield Analyst will play a will play a pivotal role in optimizing revenue streams and maximizing profitability by analyzing pricing strategies and market trends

KEY RESPONSIBILITIES

PRICING ANALYST:

• Conduct comprehensive analysis of pricing structures, competitive pricing, and market trends.
• Collaborate with cross-functional teams to develop and implement effective pricing strategies aligned with business 
   goals.
• Develop and maintain pricing tools and profitability models.
• Grow total gross margin dollars by identifying pricing actions that encourage higher sale values, conversion rates,             inelasticity, margin rates, and customer satisfaction.
• Forecast margins to help the business understand the impact of promotional and seasonal pricing.

Yield Management:
• Implement and maintain yield management processes to optimize revenue and maximize inventory utilization.
• Monitor and adjust pricing and inventory strategies based on demand patterns, market conditions, and competitor             actions.

Data Analysis:
• Utilize data analytics tools to extract insights and trends from large datasets.
• Provide regular reports and recommendations to support decision-making processes related to pricing and yield              management.

Competitor Analysis:
• Monitor and analyze competitor pricing strategies and market positioning.
• Provide insights on competitive threats and opportunities to enhance our market position.

Collaboration:
• Work closely with Sales, Marketing, and Operations teams to align pricing strategies with overall business objectives.
• Collaborate with cross-functional teams to implement pricing changes and promotions effectively. Forecasting:
• Develop and maintain accurate demand forecasts to support pricing and inventory management decisions.
• Collaborate with other departments to incorporate market intelligence into forecasting models.

Strategy Development:
• Assist in the development and refinement of pricing and yield management strategies.
• Provide input into the development of new products or services based on pricing analysis.

Required Core Competencies, Experience, and Qualifications:
• Strong analytical to compare sales trends and market data and problem-solving skills to identify declining sales trends       and devise strategies to improve them.
• Excellent communication skills with the ability to present complex data and strategies to diverse audiences.
• Detail-oriented with the ability to work independently and collaboratively in a fast-paced environment.
• Knowledge of economic and accounting principles and practices, the analysis and reporting of financial data.
• At least 5 years proven experience as a pricing analyst, revenue management, and/or related roles in an airline.
• Knowledge of industry trends, regulations, and competitive landscape in the aviation sector.
• Bachelor’s degree in finance, Business, Economics, Aviation Management, or a related analytical field. Master's degree is
   a plus.
• Proficient in the use of Microsoft Office Suite, with a particular focus on advanced Excel skills.
• Commitment to continued learning and personal development.