What are the responsibilities and job description for the Sr. Analyst, Commercial Revenue Analysis position at Frontier Airlines?
About the Company
Why Work for Frontier Airlines? At Frontier, we believe the skies should be for everyone. We deliver on this promise through our commitment to Low Fares Done Right. This is more than our tagline - it’s our driving philosophy. Every member of Team Frontier has an important role to play in bringing this vision to life. Our successful business model allows travelers to take advantage of our fast-growing route network while our bundled and unbundled pricing options allow our customers to personalize their travel experience and only pay for the services they need – saving them money along the way.
What We Stand For Low Fares Done Right is our mission and we strive to bring it to life every day. Our ‘Done Right’ promise means delivering not only affordable prices, but making travel friendly and easy for our customers. To do this, we put a great deal of care into every decision and action we take. We must be efficient with the use of our resources and make smart decisions about how we run our business. We must also innovate and be pioneers - we’re not afraid to try new things. While our business requires us to fly high in the air, we also consider ourselves down-to-earth in our approach, creating a warm and friendly experience that truly demonstrates Rocky Mountain Hospitality.
Work Perks
- Flight benefits for you and your family to fly on Frontier Airlines
- Buddy passes for your friends so they can experience what makes us so great
- Discounts throughout the travel industry on hotels, car rentals, cruises and vacation packages
- Discounts on cell phone plans, movie tickets, restaurants, luggage and over 2,000 other vendors
- Enjoy a ‘Dress for your Day’ business casual environment
- Flexible work schedules that support work/life balance
- Total Rewards program including a competitive base salary, short term incentives, long-term incentives, paid holidays, 401(k) plan, vacation/sick time and medical/dental/vision insurance that begins the 1st of the month following your hire date.
- We play our part to make a difference. The HOPE League, Frontier Airlines’ non-profit organization, is dedicated to providing employees financial assistance during catastrophic hardship
Who We Are
Frontier Airlines is a leading ultra-low cost carrier headquartered in Denver, Colorado. With a mission to deliver Low Fares Done Right, the company provides affordable, convenient and accessible air travel throughout the U.S., Caribbean, Mexico and Latin America. Frontier’s highly fuel-efficient, all-Airbus fleet is among the youngest and most modern of any carrier within the U.S. That, combined with the airline’s many weight-saving initiatives and focus on operational efficiencies, makes Frontier America’s Greenest Airline.* Each Frontier Airlines plane tail features a special animal with a unique name and backstory. Many of the featured species are endangered or threatened, part of the airline’s commitment to underscore and raise awareness for their plight. Frontier serves approximately 100 destinations throughout North America and operates 500-plus daily flights, on average. The airline employs more than 7,000 team members and has crew bases in more than a dozen U.S. cities. Frontier Airlines., Inc., is a subsidiary of Frontier Group Holdings, Inc. (NASDAQ: ULCC).
About the Role
What Will You Be Doing? The Senior Analyst of Revenue Forecasting maintains the companywide rolling revenue forecast, blending detailed route-level bottom-up analysis with macro-level top-down drivers delivering accurate, timely, and actionable revenue forecast outputs to senior management and the Board of Directors. The Senior Analyst collaborates across a variety of diverse teams to synthesize data sources and real-time insights for maximum forecast accuracy, identifies and implements opportunities to improve the accuracy and speed of the revenue forecasting process and builds relevant, usable executive-level reporting dashboards and tools to guide decision-making.
Responsibilities
- Build and own the companywide rolling revenue forecast model and accompanying executive-level outputs.
- Develop and oversee production of decision tools supporting scenario analysis and probability simulation as it relates to forecast outcomes; conduct scenario analysis to identify optimal strategies in the face of uncertainty.
- Prioritize workstreams, balancing resources available and business needs and communicate deliverable status and deadlines to team leadership and business stakeholders, ensuring timely and accurate analyses.
- Improve the speed and accuracy of revenue forecasting through continuous process improvement and gaining adoption of next generation forecasting tools.
- Investigate the root causes of revenue variances and propose profit-maximizing resolutions.
- Identify and size potential revenue opportunities across the organization.
- Collaborate with diverse teams across the company to develop medium and long-term business plans.
- Conduct ad-hoc projects, reports, and analyses as determined by senior management.
Other Functions
- Assist in developing junior team members across the Revenue Analytics, Pricing, & Yield Management teams to deepen the team’s collective skillset and improve overall performance.
- Provide analytical support to other commercial teams as needed.
Qualifications
Bachelor’s Degree in Economics, Mathematics, Operations Research, Finance, Aviation Management or related analytical field or a combination of education and relevant experience required; Master’s degree preferred 2 years of experience in revenue forecasting, revenue analysis, financial modeling, or other relevant experience required 2 years of experience with day-to-day usage of a revenue management system preferred Prior experience in airline commercial function preferred
Knowledge, Skills and Abilities
- Experience with the theory and practice of revenue management strategy, particularly within the U.S. airline competitive landscape
- Advanced analytical and quantitative skills; demonstrated understanding of airline commercial metrics, economics, network design and revenue management principles
- Exemplary written and verbal communication and presentation skills
- Ability to independently prioritize analyses for self and teams in a fast-paced, dynamic environment
- Ability to structure logical analytical approaches and to apply a range of quantitative techniques to solve business problems in an efficient, timely manner
- Comfortable working self-sufficiently to creatively solve analytical challenges with limited data and imminent deadlines
- Demonstrated ability to utilize various big data analysis tools to extract, analyze and present large data sets with actionable insights
- Advanced ability to utilize Excel to conduct analysis and present on large data sets
- Familiarity with SQL, SAS, Python, R or similar coding language a plus
- Strong work ethic; delivers results in ambiguous, time-pressured situations
- Ability to maintain composure under pressure
Equipment Operated
Standard office equipment, including PC, copier, fax machine, printer
Work Environment
Typical office environment, adequately heated and cooled
Physical Effort
Salary : $72,000 - $96,331