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Revenue Analyst Resume Samples
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0-5 years of experience
Managed accounts in two systems by reviewing, preparing and entering payments, accrual, reclassifications, cash transfers, journal entries and general ledger account reconciliations and analysis
- Collected and analyzed data from various systems using pivot table and vlookup; prepared monthly financial reports to identify unapplied cash and credits and allocated money to outstanding invoices
- Identified and Researched clients who took unauthorized discounts and took action to recover owed balance
- Reviewed and evaluated net revenue and billing activities and ensured contractual transactions completion
- Ran monthly aging report to identify accounts with late payment and lagging time; negotiated collection and settlement or write off of debt; worked with sales and late payees to collect amount of over $569 K monthly
- Performed accounts reconciliation and journal entries clearing discrepancies and reducing aging by 35%
- Worked on initiatives to improve efficiencies with revenue recognition processes and reporting
0-5 years of experience
Conducted competitive and market analysis to develop optimal pricing and inventory levels across multiple electronic distribution channels.
- Developed pricing and distribution strategies for hotel clients resulting in up to 15% revenue increase year over year.
- Effectively evaluated market trends by utilizing market and property specific reports, both future and historical.
- Collaborated with hotel management and ownership to develop revenue and marketing strategies.
0-5 years of experience
Ensured financial compliance of accounts receivables for various retail sales environments.
- Collaborated with cross functional teams to prevent and resolve deductions/ customer claims.
- Continuously improved the collection cycle ([company name]) of $308M through the analysis of aged invoices.
- Received Personal Leadership Award in 2008 for decreasing incoming deductions for the Drug Region.
- Standardized monthly vendor compliance penalty reporting using Crystal Reports.
- Project Manager - Individual Account Profiles
- Co-chair - Work Place Cohesion Initiative
0-5 years of experience
Managed the analytics of assigned commercial healthcare payers for a 13-hospital system.
- Developed and model commercial reimbursement proposals and auditing the effects of the data model using
- Designed and structured ad hoc and monthly automated interactive reports.
- Assisted with budgeting/forecasting of net revenue for all THR entities.
- Supported development of revenue cycle improvement initiatives.
- Implemented new methods for reporting processes, such as automated extraction and delivery.
0-5 years of experience
Provides connectivity and electronic transaction processing services to the healthcare industry over its ProxyNet online network; links doctors, clinical laboratories, insurance companies, and pharmacies; 388 employees; $65.5 million in revenues.
- Prepared monthly account reconciliations and analyses; assisted with month-end close.
- Ensured that proposed vendor/payer contract pricing complied with profit margin requirements.
- Assisted with annual audits and Sarbanes-Oxley testing; conducted quarterly invoice audits.
- Oversaw Accounts Receivable; prepared monthly A/R reports and bank reconciliations.
- Processed journal entries and prepared monthly invoices.
- Assisted with a system conversion from Oracle platform to Epicore.
0-5 years of experience
Assisted in an initiative to expand marketing via online bookings and travel promotions. Ultimately brought in over 80,000 in revenue over 3 years
- Cut utility expenses by 20% through cross-promotional marketing with partnerships with local businesses
- Reviewed and analyzed monthly reports of all room rates to maximize profits by focusing on the market trends, and projected weekly forecast of possible weekly revenues
- Monitored competitor strategies too pro-actively and reactively to recommend and carry out new strategies to maintain market share and competitiveness.
- Created forecasts and budget to monitor and reduce fixed/variable costs associated with daily operations.
0-5 years of experience
Administered various accounting functions, including billing, collections, and customer service.
- Analyzed aging reports and suggested collection strategies.
- Achieved cash recovery goals in 30, 60, 90 and 120 day aging categories.
- Advised customers of suspended account status, requested dates for payment on delinquent accounts and updated customer information.
- Conducted credit investigations.
- Responsible for employee training.
0-5 years of experience
Renovator of energy efficient lighting systems for big box retailers
- Leveraged existing tools and created new tools to improve performance tracking and identify new revenue opportunities.
- Generated reports in customized formats and reviewed reports to ensure accuracy and completeness.
- Implemented ratio and job cost analysis to form recommendations and strategies for loans, lines of credit, and other sources of financing that helped increase revenues by $500,000.
- Worked closely with inventory management to create and monitor inventory methods and the effect on financial statements and cash flow which helped identify $10,000 in fraud.
- Gathered and correlated basic information using established and defined financial procedures.
0-5 years of experience
Assisted in recognizing and communicating demand trends, revenue opportunities, and sales and pricing recommendations to property GMs and ownership for seven luxury boutique properties in
different development phases
- Monitored and controlled room inventory levels and rates to effectively maximize RevPAR and overall ADR growth
- Analyzed and monitored past and future demand forecasts
- Prepared, designed, and built Excel-based revenue management reports, databases, analytics, and profitability impact reports on a daily, weekly, monthly, and annual basis
- Managed hotel promotional strategies, availability, and distribution
- Trained and supported new analyst hires
0-5 years of experience
Reported directly to controller to support accounting, finance, and revenue management functions
- Managed all billing operations and developed comprehensive revenue management guidelines
- Lead project in collaboration with SQL development team to design, scale, and implement an automated renewal invoice solution for 5,000+ Customer Accounts
- Designed and presented monthly KPI package with key metrics from all departments to executive team to support strategic decisions
- Conducted quarterly billing audits to ensure that all customers under contract were properly invoiced and tracked across all internal systems
0-5 years of experience
Managed fiscal aspect of over 30 contracts funded by federal, state and municipal governments, and other agencies
- Produced monthly expenditure reports, issued invoices, performed account reconciliation and P and L analysis
- Provided financial analysis for corporate budget revision and contract renewal decision making
- Proposed and implemented creation of new cost centers for statewide contracts to better track the revenue and expense status and improve the contract utilization
- Participated in the design of financial reporting system, proposed methods to improve systemized and formalized process of report generation
0-5 years of experience
Audited and matched revenue for 140 of 678 hotels
- Researched and resolved cash management issues with general, area and regional managers
- Posted general ledger adjustments and month-end accruals and journal entries
- Compiled various general ledger and revenue reports
- Prepared month-end reconciliations for various revenue-related accounts
- Monitored room credits and other revenue-related accounts to detect fraud and prevent loss
- Analyzed P&L issues and advised site managers on resolution
0-5 years of experience
- Analyzed, forecasted and monitored revenues for 73 customers and 140+ aircraft; projected short and long-range revenues, compared booked revenue to future forecasts and adjusted accordingly
- Developed computerized forecasting models and implemented within established software; input forecasting criteria and data to perform analysis procedures
- Maintain revenue records, compiled and prepared reports; monitored cash management, researched and provided recommendations to Sr. management
- Administered customer billing by managing creation of customer invoice, maintaining customer profiles, and providing documentation to support fees charged
- Oversaw service order system for operations division by facilitating adjustments, settlement process, customer inquiries, and work-flow
- Performed general accounting functions as requested to support annual sales of $38.5+ million annually
0-5 years of experience
Reconciled multiple facilities revenue accounts and adjustments
- Verified accuracy and completeness of a transaction
- Ensured proper accountability and provided formal feedback on audit findings
- Prepared analysis, reports, schedules and other audit tasks as necessary
- Investigated and recouped a fraudulent transaction worth more than 60,000 dollars
- Conducted research and prepared reports
- Projected Quarterly Cash Flow Statements
Revenue Analyst Duties and Responsibilities
Daily duties performed by revenue analysts vary based on their industry, the financial data they analyze, and the number of departments they work with to develop profit-generating strategies. However, there are several core tasks associated with this job, including:
Create Revenue Reports Revenue analysts create regular revenue reports to show profits and losses over time.
Analyze Data Revenue analysts analyze financial data to find trends and patterns and determine where new strategies should be implemented to increase profits.
Collaborate Revenue analysts meet with department heads and company executives to plan strategies and brainstorm ideas to maximize company profits, cut costs, and deliver a better customer experience. They also make recommendations regarding pricing for products and services.
Design Budgets Revenue analysts design budget strategies to cut company costs.
Execute Company Strategies Revenue analysts execute company strategies regarding daily operations.
Create Forecasts Revenue analysts use available data to create forecasts showing projected revenue.
Stay Compliant Revenue analysts stay compliant with federal, state, and local tax and ethics laws at all times.
Revenue Analyst Skills and Qualifications
Revenue analysts use math and analysis to develop profit-growing strategies and increase company revenue. Employers seek revenue analysts who have the following various skills:- Analytical thinking - revenue analysts use analytical skills and critical thinking to design new strategies to increase company profits
- Math skills - revenue analysts create financial reports and study financial data, which requires a good understanding of mathematics
- Customer service - revenue analysts ultimately maximize guest experiences to increase revenue, so employers look for candidates with customer service skills to perform this job
- Computer skills - revenue analysts access statistical and financial data using various programs and create digital reports, all tasks that require strong computer skills
- Attention to detail - revenue analysts use attention to detail to spot patterns and trends and see where improvements can be made to maximize company revenue
- Communication skills - revenue analysts frequently collaborate with department supervisors and executives to develop and implement revenue-generating strategies, which requires excellent verbal communication skills
Revenue Analyst Education and Training
Many companies look for revenue analysts who have a bachelor's degree in economics, accounting, or a similar career field. However, some employers accept candidates who have an associate's degree in one of these disciplines. In addition to education, many employers look for revenue analysts who have past industry experience. Some on-the-job training is provided to help revenue analysts become familiar with company operations and financial data. This training period varies by employer but is typically brief, no longer than a few weeks at most. While in training, revenue analysts study financial data and company profit goals to better understand the company's revenue needs and current profit shortcomings.
Revenue Analyst Salary and Outlook
Data from PayScale shows that revenue analysts earn $55,540 in annual median income. Job data compiled by the Bureau of Labor Statistics (BLS) shows that financial analysts earn $84,300 in yearly median income, or $40.53 per hour. Financial analysts typically have a bachelor's degree and provide financial guidance to businesses, performing tasks that are similar to those required of revenue analysts. The BLS projects job growth in this field to rise 11 percent through 2026. This is faster than the national average. Benefit packages that include medical insurance with dental and vision coverage are typically provided to full-time revenue analysts. Often, employers provide life insurance and retirement benefits as well. Paid vacation days and holidays are usually included in standard benefit packages.
Helpful Resources
Search these helpful resources to find job openings, career advancement tools, and useful work strategies:
Revenue Management and Pricing International - search for job openings, read news updates, and take advantage of membership benefits for revenue analysts and other financial professionals at the RMAPI website
Monetizing Your Data: A Guide to Turning Data into Profit-Driving Strategies and Solutions - learn how to use data to develop strategies and solutions for increasing profits with the tips and techniques in this book. The text covers strategies for cutting costs and using data the right way to create more company revenue
Revenue Management Association - discover career resources, explore job opportunities, and find useful information for revenue management professionals and revenue analysts at this website
Financial Statements: A Step-by-Step Guide to Understanding and Creating Financial Reports - learn how to create and analyze financial reports with this in-depth book written for all professionals who manage money matters
American Institute of CPAs - designed for certified public accountants, this website provides research tools, financial publications, career opportunities, conference dates, and more resources for financial professionals of all types, including revenue analysts
Accounting Made Simple: Accounting Explained in 100 Pages or Less - this book simplifies the difficult topic of accounting with easy-to-read language and quick, concise information about preparing financial statements, calculating ratios, and increasing company profits
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