A Day in the Life of a Revenue Management and Analytics Manager at a Fortune 100 Entertainment Company
A day for this finance manager involves a cyclical process of forecasting, reviewing business results with partners to understand "what is driving the business," and strategizing long-term plans. This role requires digging into the "nitty-gritty" to ensure data supports recommendations, impacting both short-term goals and long-term decisions.
Financial Forecasting, Revenue Management, Business Strategy, Data Analysis, Cross-functional Collaboration
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Wing Lee
Manager, Revenue Mgmt. & Analytics
Fortune 100 Entertainment Company
University of Southern California (USC), 2013
UCLA MBA, 2023
Business Management & Admin
Arts, Entertainment & Media
Finance
Honors Student, Scholarship Recipient, Pell Grant Recipient, Immigrant, Worked 20+ Hours in School, First Generation College Student
Video Highlights
1. A finance manager's day involves forecasting and reviewing financial performance, including revenue and costs.
2. Collaboration with business partners is crucial to understand business drivers and strategize for positive change.
3. The role requires a mix of short-term and long-term planning, with financial data supporting business decisions and recommendations.
Transcript
What does a day in the life of a finance manager look like on a day-to-day basis?
On a day-to-day basis, my job has a bit of a structure. When we look at a financial cycle, there's a forecast process. Around the first week of the month, we forecast for the next month and the next year.
This includes financial performance, such as revenue and costs for the organization. Part of that is also cyclical when we review business results with our partners. We ensure our business operators understand what is driving the business.
We ask if there are things we can change or do immediately to affect positive change. Are we trying to drive more revenue and reduce costs?
Some of the day-to-day responsibilities involve working with different partners to strategize the long-term plan. We have short-term goals for the fiscal year, but we also consider how our current actions affect decisions for the next five years.
As a finance manager, I dig into the details to ensure we have the numbers to back our recommendations and support business decisions, challenges, and opportunities.