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Cape Town Region: Revenue Manager posted by Tanya Serra Food, Wine, Hospitality Recruitment

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Job Description

The Revenue Manager has responsibility and accountability for the optimization of hotel accommodation revenues, ancillary revenues and inventory management for the business unit through the initiation, implementation and management of revenue plans, systems and resources for all market and customer segments, in line with Company procedures. · Facilitate the management and achievement of revenue targets and deliverables with regards hotel accommodation and groups and events business for the property · Understand the Business unit strategy and align the revenue objectives and targets · Monitor, report and make recommendations to optimal business mix via market segmentation analyses (actual forecast; revenue contribution by market segment to occupancy volume and value (ADR). · Build a sustainable RevPAR culture where decisions are driven by forecast demand and revenue management restrictions achieve optimal revenue mix vs budget · Conduct risk analyses i.t.o impact on short term profit margins vs. long term sustainability · Provide clear delegation of authority and accountability for deliverables at all levels · Compile, review and report on internal benchmarks and statistics, ensuring metrics are up to date and accurate · Investigate external benchmarks and conduct competitor analyses including – Time to market against competitors – Competitors within the market segment (market fair share) – Competitive positioning (MPI ARI = RGI) – Risk Management (contractual obligations) benchmarked to competitors in terms of cost benefit · Identify and investigate new opportunities to streamline and optimise processes and boost revenues against forecasted targets · Identify, develop and obtain buy-in on business development promotions and packaging concepts to meet business objectives, including Group inventory business Hotel Revenue Optimisation Pricing Structure Accommodation Data Quality Standards & Governance Distribution Management Budget management People Management

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About Accounting / Finance Jobs in Western Cape

In Western Cape, South Africa, the accounting and finance sector is a thriving industry that plays a crucial role in driving economic growth and stability. Typically, job opportunities exist across various sectors, including financial services, technology, manufacturing, and more. Generally speaking, these roles offer competitive salaries and benefits packages.

Salary expectations for accounting and finance professionals in Western Cape vary widely based on factors such as experience, company size, industry sector, and qualifications. Broadly speaking, junior positions can range from R400 000 to R800 000 per annum, while senior roles can span from R1 million to R3 million or more. However, it is essential to note that actual salaries may differ significantly depending on individual circumstances. For instance, working for a multinational corporation like Google or Microsoft may result in higher salaries compared to smaller local businesses.

Common skills required for accounting and finance roles include strong analytical and problem-solving abilities, attention to detail, excellent communication and interpersonal skills, proficiency in accounting software such as Sage or Xero, and knowledge of tax laws and regulations. Typically, a degree in accounting or finance is necessary, with many professionals holding relevant professional certifications like the Chartered Accountant (CA) designation.

These roles are often found in various industry sectors, including financial services, technology, manufacturing, and more. Financial services sector companies, for instance, frequently employ accountants and finance professionals to manage their finances, prepare financial statements, and provide tax advice.

Career development opportunities abound in the accounting and finance field. Typically, junior roles can progress to senior positions within a few years, with many professionals advancing to leadership roles or starting their own businesses. Advanced certifications like the Certified Public Accountant (CPA) designation can also enhance career prospects.

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This information provides general career guidance. Actual salaries and requirements vary by employer.



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