description:
revenue manager
salary: compensation is commensurate with experience
flsa status: exempt
schedule: monday - friday
reports to: chief operating officer and senior director of property operations
job description
the revenue manager is responsible for developing and implementing customized revenue strategies to optimize performance and maximize revenue across a diverse portfolio of multifamily properties. this role requires strong analytical skills, a deep understanding of revenue management software, and market conditions.
responsibilities
- develop and execute customized revenue management strategies aligned with company objectives to optimize performance and maximize revenue.
- conduct regular analyses to ensure proper price positioning, forecast demand, identify market trends, occupancy rates, and specials based on competitor activity.
- track and analyze key performance indicators to identify areas for improvement surrounding revenue and occupancy.
- utilize revenue management software to make informed pricing decisions and streamline processes.
- collaborate with management team and work closely with onsite teams to coordinate cohesive revenue and promotional strategies.
- participate in forecasting and budgeting at the property level.
- monitor performance against property budget.
- conduct regular leasing/revenue management strategy meetings and effectively respond to pricing concerns or requests.
- identify opportunities for revenue growth.
- prepare regular revenue and performance reports to present to the executive team.
- tour model unit, available units, and amenities at subject property and its competitors.
qualifications
- valid driver's license and reliable transportation required.
- bachelor's degree in real estate, marketing, business administration, or equivalent experience.
- minimum 3 years of experience in an analytical role within the property management industry.
- prior experience in an on-site leasing office is preferred.
- proven experience as a revenue manager or similar role in property management.
- minimum 3 years' experience with revenue management software, yardi revenue iq preferred.
- strong analytical skills and ability to interpret data, with the ability to manage multiple projects.
- exceptional communication, attention to detail, organizational, time management, and interpersonal skills.
- ability to work in a fast-paced environment, multi-task, and prioritize duties.
- proficiency in microsoft office suite.
- strong computer skills with a knack for technology.
- knowledge of property management industry trends and best practices.
- ability to think strategically and make data-driven recommendations.
- must always possess a positive attitude.
- must be able to pass a background check.
- may require occasional daily/overnight travel, as needed.
- any other duties as assigned by your supervisor.
levco management is an equal opportunity employer.
requirements:
pi96ea255c93e2-1271
