Revenue Manager

Hotels • Full-time • Lakeville, MN, US • $51.47k - $65k / year • 1d ago

We are seeking a dynamic and detail-oriented Hotel Revenue Manager to lead our revenue and Rate optimization strategies efforts in one of our Independent Hotel in Lakeville. In this pivotal role, you will analyze market trends, oversee revenue forecasting, and implement pricing strategies to maximize profitability across all business segments. Your expertise will drive data-driven decision-making, ensuring our organization maintains a competitive edge while adhering to regulatory standards and accounting principles. This position offers an exciting opportunity to influence financial performance through innovative approaches and strategic insights.

Develop and execute comprehensive revenue management strategies aligned with organizational goals to optimize income streams.
Analyze financial data, market conditions, and competitive landscape to inform pricing models and revenue forecasts.
Collaborate with cross-functional teams including finance, sales, marketing, and operations to implement revenue initiatives effectively.
Prepare detailed financial reports, interpret complex data sets, and communicate insights clearly to senior leadership for strategic decision-making.
Oversee the accuracy of financial statements, including balance sheets, income statements, and cash flow reports through meticulous account reconciliation and audit procedures.
Utilize advanced financial software such as PeopleSoft, Xero, QuickBooks, Sage, or similar tools for accurate bookkeeping, journal entries, and ledger management.
Conduct variance analysis, budget forecasting, and financial modeling to support long-term planning initiatives.
Maintain expertise in specialized areas such as LIHTC (Low-Income Housing Tax Credit), non-profit accounting practices, securities law compliance, governmental accounting standards, and technical accounting principles.
Mentor team members by providing guidance on best practices in financial management, regulatory compliance, and professional development.

Proven experience in revenue management within a corporate or nonprofit setting with a strong understanding of financial concepts such as double entry bookkeeping, account reconciliation, and financial report writing.
Demonstrated proficiency with accounting software including PeopleSoft, QuickBooks, Sage, Xero or similar platforms; familiarity with Microsoft Excel for advanced data analysis is essential.
Strong background in financial statement preparation, balance sheet reconciliation, accounts payable/receivable management, and cash flow analysis.
Experience in auditing processes and regulatory reporting requirements; ability to interpret complex financial data accurately.
Skilled in budgeting, forecasting, general ledger reconciliation, account analysis, and accrual accounting practices.
Exceptional analytical skills combined with a solid understanding of public accounting standards; ability to interpret financial statements effectively.
Prior mentoring experience or leadership roles that involved guiding finance teams or cross-departmental collaboration are highly valued. Join us as a Revenue Manager to leverage your technical expertise and strategic mindset—driving growth while ensuring compliance! This role offers an engaging environment where your skills in financial analysis and management will make a meaningful impact on our organization’s success.

Pay: $51,468.25 - $65,000.00 per year

Work Location: In person