FLEX Bench Revenue Manager, RMAS

Not Interested
Bookmark
Report This Job

profile Job Location:

Bethesda, MD - USA

profile Monthly Salary: Not Disclosed
Posted on: 30+ days ago
Vacancies: 1 Vacancy

Job Summary

Description

This is a temporary position.

Assist RMAS Revenue Managers with non-stakeholder-facing tasks including but not limited to preparing for sales strategy meetings; managing room authorizations rates and restrictions including communicating rate restrictions and strategies to properties; supporting account diagnostics and monitoring transient and group inventory to ensure straight-line availability; implementing hotel sales strategies in the reservation and inventory systems; escalating technical questions related to the reservations and property management systems to the appropriate support desk in a timely manner; and monitoring compliance with and participation in company promotions and eCommerce channels.

CANDIDATE PROFILE

Education and Experience

  • 2-year degree from an accredited university or related experience in Business Administration Finance and Accounting Economics Hotel and Restaurant Management or related major; 1 year of experience in the revenue management sales and marketing or related professional area.

OR

  • 4-year bachelors degree from an accredited university or related experience in Business Administration Finance and Accounting Economics Hotel and Restaurant Management or related major; 1 year of experience in the revenue management sales and marketing or related professional area.

CORE WORK ACTIVITIES

Analyzing and Reporting Revenue Management Data

  • Supports RMAS Revenue Managers during the transition period.
  • Analyzes information and evaluates results to choose the best solution and solve problems.
  • Using computers and computer systems (including hardware and software) to program write software set up functions enter data or process information.
  • Identifies the underlying principles reasons or facts of information by breaking down information or data into separate parts.
  • Generates and provides accurate and timely results in the form of reports presentations etc.
  • Assists RMAS Revenue Managers with sales strategy analysis and refines as appropriate to increase market share for all properties.
  • Analyzes period-end and other available systems data to identify trends future need periods and obstacles to achieving goals.
  • Facilitates updates on the transient segments.
  • Assists with the account diagnostics process and validates conclusions.

Executing Revenue Management Projects and Strategy

  • Demonstrates knowledge of job-relevant issues products systems and processes.
  • Explores opportunities that drive profit create value for clients and encourage innovation; challenges existing processes/systems/products to make improvements.
  • Achieves and exceeds goals including performance goals budget goals team goals etc.
  • Attends staff meetings to plan organize prioritize coordinate and manage activities and solutions.
  • Establishes long-range objectives and specifies the strategies and actions to achieve them.
  • Takes a predetermined strategy and drives the execution of that strategy.
  • Understands and meets the needs of key stakeholders.
  • Confirms hotel strategies conform to brand philosophies and initiatives.
  • Confirms that sales strategies and rate restrictions are communicated implemented and modified as market conditions fluctuate.
  • Assist Revenue Managers with the preparation for sales strategy meetings.
  • Updates market knowledge and aligns strategies and approaches accordingly.
  • Communicates proactively with properties regarding rate restrictions and strategy.
  • Manages rooms inventory to maximize cluster rooms revenue.
  • Assists RMs with pricing and provides input on business evaluation recommendations.
  • Uses reservations systems and demand forecasting systems to determine implement and control selling strategies.
  • Checks distribution channels for hotel positioning information accuracy and competitor positioning.
  • Confirms property diagnostic processes (PDP) are used to maximize revenue and profits.
  • Initiates implements and evaluates revenue tests and audits.
  • Communicates brand initiatives demand and market analysis to stakeholders.
  • Understands and communicates the value of the brand name as it relates to franchise partnerships and revenue management opportunities.

Building Successful Relationships

  • Supports all co-workers and treats them with dignity and respect.
  • Handles sensitive issues with employees and/or guests with tact respect diplomacy and confidentiality.
  • Develops and maintains positive and productive working relationships with other employees and departments.

Additional Responsibilities

  • Informs and/or updates the executives the peers and the subordinates on relevant information in a timely manner.
  • Attends staff/forecast/long-range meetings as needed.

MANAGEMENT COMPETENCIES

Leadership
  • Adaptability - Maintains performance level under pressure or when experiencing changes or challenges in the workplace.
  • Communication-Conveys information and ideas to others in a convincing and engaging manner through a variety of methods.
  • Problem Solving and Decision Making -Identifies and understands issues problems and opportunities; obtains and compares information from different sources to draw conclusions develop and evaluate alternatives and solutions solve problems and choose a course of action.
  • Professional Demeanor- Exhibits behavioral styles that convey confidence and command respect from others; makes a good first impression and represents the company in alignment with its values.
Managing Execution
  • Building and Contributing to Teams -Actively participates as a member of a team to move the team toward the completion of goals.
  • Driving for Results - Sets high standards of performance for self and/or others; assumes responsibility for work objectives; initiates focuses and monitors the efforts of self and/or others toward the accomplishment goals; proactively takes action and goes beyond what is required.
  • Planning and Organizing-Gathers information and resources required to set a plan of action for self and/or others; prioritizes and arranges work requirements to accomplish goals and ensure work is completed.
Building Relationships
  • Coworker Relationships - Interacts with others in a way that builds openness trust and confidence in the pursuit of organizational goals and lasting relationships.
  • Customer Relationships- Develops and sustains relationships based on an understanding of customer needs and actions consistent with the companys service standards.
  • Global Mindset-Supports employees and business partners with diverse styles abilities motivations and/or cultural perspectives; utilizes differences to drive innovation engagement and enhance business results; and ensures employees are given the opportunity to contribute to their full potential.
Generating Talent and Organizational Capability
  • Organizational Capability- Evaluates and adapts the structure of own assignments and suggests improvements to work processes to best fit the needs and/or support the goals of an organizational unit.
  • Talent Management- Provides support and feedback to help individuals develop and strengthen skills and abilities needed to accomplish work objectives.
Learning and Applying Professional Expertise
  • Applied Learning- Seeks and makes the most of learning opportunities to improve the performance of self and/or others.
  • Business Acumen -Understands and utilizes business information to manage everyday operations.
  • Technical Acumen - Understands and utilizes professional skills and knowledge in a specific functional area to conduct.
  • Revenue Management - Knowledge of revenue management concepts processes and strategies such as average daily rate revenue per available room sales cycles and trends account management pricing and inventory management. Skill in using a Yield Management system and interpreting pricing and inventory reports.
  • Analysis - The ability to analyze and summarize detailed data to make inferences and recommendations. Included is the creation and maintenance of spreadsheets for storing data.
  • Research - Skill in collecting information from a variety of sources relating to market data historical cycles travel and tourism trends and real estate market dynamics. The ability to know when to seek additional information and where to look to find it.
  • Inventory Management - The ability to manage rooms and function space restrictions and thresholds using systems or manually to maximize revenue/profit across all segments.
  • Computer Skills - The willingness to learn and ability to use computer systems and software packages to input access modify store or output information or to execute programs and analyses. This includes the ability to enter and retrieve data from computer systems using a keyboard mouse or trackball.
  • Economics and Finance - Knowledge of economic principles and practices P&L statements operating budgets forecasting and scheduling and the reporting of financial data.
  • Sales and Marketing - Knowledge of sales and marketing concepts including principles and methods for showing promoting and selling products or services as well as marketing strategies and tactics.
  • Basic Competencies - Fundamental competencies required for accomplishing basic work activities.
  • Basic Computer Skills - Uses basic computer hardware and software (e.g. personal computers word processing software Internet browsers etc.).
  • Mathematical Reasoning - Demonstrates ability to add subtract multiply or divide quickly correctly and in a way that allows one to solve work-related issues.
  • Oral Comprehension - Demonstrates ability to listen to and understand information and ideas presented through spoken words and sentences.
  • Reading Comprehension- Demonstrates understanding of written sentences and paragraphs in work-related documents.
  • Writing- Communicates effectively in writing as appropriate for the needs of the audience.

At Marriott International we are dedicated to being an equal opportunity employer welcoming all and providing access to opportunity. We actively foster an environment where the unique backgrounds of our associates are valued and greatest strength lies in the rich blend of culture talent and experiences of our are committed to non-discrimination on any protected basis including disability veteran status or other basis protected by applicable law.




Required Experience:

Manager

DescriptionThis is a temporary position.Assist RMAS Revenue Managers with non-stakeholder-facing tasks including but not limited to preparing for sales strategy meetings; managing room authorizations rates and restrictions including communicating rate restrictions and strategies to properties; suppo...
View more view more

Key Skills

  • ASC 606
  • Hotel Experience
  • Hospitality Experience
  • GAAP
  • Accounting
  • Revenue Management
  • Pricing
  • Analysis Skills
  • Salesforce
  • SOX
  • ERP Systems
  • NetSuite

About Company

At Le Méridien, we are inspired by the era of glamorous travel, celebrating each culture through the distinctly European spirit of savouring the good life. Our guests are curious and creative, cosmopolitan culture seekers that appreciate moments of connection and slowing down to savou ... View more

View Profile View Profile