Revenue Manager

ConAm ManagementSan Diego, CA
2d$75,000 - $85,000Remote

About The Position

We are seeking a Revenue Manager who is a entry-level individual contributor that performs varied multiple revenue varied multiple revenue management business tasks in support of owner, client, and property revenue goals as outlined in the property budget and proforma rents. In addition, this person assists associates who use CONAM Revenue Services at the regional and property level. Oversees the partnership between CONAM associates, clients, owners, partners, and vendors. Only Candidates that reside in CA / AZ / TX / CO / NV / WA / FL will be considered. This is a full-time position with full benefits. Annual Salary Range : $75,000 to $85,000 per year depending on experience.

Requirements

  • Bachelor's degree in business management, statistics, economics, mathematics, marketing, or equivalent.
  • 2-3 years of experience in revenue management.
  • Strong level of proficiency in MS Excel.
  • Must have a basic knowledge of revenue management philosophies, pricing strategies, and revenue management platforms.
  • Highly developed analytical skills to support shifting data.
  • Well-developed problem solving and organizational skills.
  • Must have strong time management skills.
  • Ability to work independently with minimal or no supervision.
  • Professional and strong communication skills; both written and verbal.
  • Ability to travel up to 20%
  • Must have a Drivers License and valid Auto Insurance

Nice To Haves

  • Multi-Family Industry experience preferred.
  • Preferred working knowledge of PMS systems (Yardi or OneSite).
  • Experience with revenue management platforms (REBA or LRO Preferred).

Responsibilities

  • Support pricing calls (new leases and renewals).
  • Responsible for pricing performance audits for all properties, every month.
  • Support the teams with revenue goals and metrics.
  • Oversees the renewal process by verifying that the revenue management system is processing new pricing and renewals.
  • Maintain accountability measures to ensure the Regional Portfolio Managers and Community Managers are completing a monthly market survey.
  • Required to support monthly reporting efforts such as, but not limited to; rental rate evaluations, actual rental income to budget evaluations, average market rental rates, competitor pricing evaluations, pricing recommendations, leasing velocity performance metrics, property performance metrics, and revenue growth opportunities.
  • Supports the Senior Revenue Manager with revenue management system setup (by property) and configurations.
  • Ensuring that the vendor receives the correct information, a completed implementation spreadsheet, a recent market survey, and all other items needed from the revenue and operation teams to execute the setup of the platform in a timely manner.
  • Responsible to comply with all Fair Housing and rent legislation, as outlined by federal, state, county, city, and local legislation.
  • Support CONAM new business requests (RFI) with revenue evaluations, market evaluations, pricing recommendations, and promote CONAM revenue services, etc.
  • Promote, support, and generate new business for the CONAM Revenue Department - Includes both new and current clients.
  • Support and oversee all new revenue initiatives, rollouts, and product evaluation programs. Analytical reporting will be required when assessing the performance of these initiatives.
  • Oversee, create, facilitate, and implement all revenue management training for regional and site associates - Ensuring that the teams have a clear understanding of CONAM best practices and key performance indicators.
  • Monitor the performance of properties to meet required revenue goals as outlined in the property budgets and proforma rents.
  • Supports the Senior Marketing Manager with creating plans to enhance the customer leasing experience when using a revenue management software.
  • Supports pricing recommendations by implementing essential revenue management tools such as hold time reporting, analytical revenue performance reporting, best pricing practices, operational training on finding the right apartment with the right price for the right customer, etc.
  • Provides accountability measures to ensure the Regional Portfolio Managers and Community Managers are completing daily, weekly, and monthly tasks/audit required of the revenue management system for performance purposes.
  • Responsible for ensuring this task is completed on time as scheduled.
  • Premium and amenity audits will also be used to ensure pricing is accurate in the PMS system. This is an essential and vital component of revenue management services for determining the price.
  • Communicates directly with the Regional Vice Presidents, Regional Portfolio Managers, Area Managers, and Community Managers.
  • Answer general questions, address revenue concerns, respond to revenue service tickets, and support the properties with revenue services.
  • Respond within 48 hours of requests and provide status updates throughout the project timeline.
  • All other duties as assigned

Benefits

  • Medical, dental, vision insurance
  • Pet insurance
  • Life insurance and identity theft protection
  • Paid sick and vacation time
  • 401(k) plan with company match
  • Flexible Spending Accounts (FSAs)
  • Employee Assistance Program (EAP)
  • Service award days, floating holiday, early earned wage access and more
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