- Daily tasks include yielding rates and providing recommendations for revenue maximization by leveraging forecasts and analyses including pricing optimizations, competitive sets, and dilution and displacement evaluations.
- Develop and implement a consistent and best of breed set of templates, reports and analyses for audiences including management, internal teams, and external partners to utilize. Design, document, deploy and maintain analytical reports utilizing data manipulation techniques to track KPIs.
- Analyze data from various sources to infer, predict and recommend relevant and actionable insights pertaining to revenue maximization. Develop predictive and optimization models; measure model performance and validity using statistical techniques.
- Translate complex datasets, statistical analyses and models into reporting within business intelligence software for distribution. Conduct necessary data mining and develop machine learning algorithms (e.g., time series, linear regressions, etc.) to identify sales trends.
- Continuously investigate new profit and growth opportunities. Generate new or simplify and consolidate existing reporting as needed to support as needed.
- Review all promotional opportunities, sponsorships and strategic partnerships with various internal departments within MGMRI.
- Collaborate with management in evaluating new technologies and software to improve tracking and streamline processes.
- Bachelor's Degree or equivalent with an emphasis in Statistics, Finance, Economics, MIS or related equivalent education.
- 3+ years of prior relevant experience in Data Analytics.
- 2+ years of prior relevant experience in Revenue Managment.
- Experience with Microsoft products.
- Wellness incentive programs to help you stay healthy physically and mentally
- Access to company hotel, food and beverage, retail, and entertainment discounts as well as discounts with company partners on things like travel, electronics, online shopping, and more.
- Professional and personal development through programs and networking opportunities
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Revenue Management Senior Analyst - Las Vegas, United States - MGM Resorts International
Description
The SHOW comes alive at MGM Resorts International
Have you ever wondered what it would be like to work in a place full of excitement, diversity, and entertainment? Are you enthusiastic about being a team player in one of the most fascinating industries in the world? At MGM Resorts, we seek individuals like YOU to create unique and show-stopping experiences for our guests.
THE JOB:
The primary responsibilities of the Senior Revenue Analyst/Modeler are to create and compile various statistical reports and analyze data and reports for management review on all financial aspects as they relate to forecasting, yielding, budgeting, revenue generation and cost control. This role will also require extensive hands-on data and process management experience in order to build data driven solutions, conduct analysis, and derive insights that will drive commercial success for hospitality and entertainment across MGM Resorts International.
THE DAY TO DAY: