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Director, Revenue Management

4 months ago

Beachwood, United States GCI Residential LLC Full time

Job Type

Full-time

Description

GCI Residential is a leading multifamily residential apartment company dedicated to creating exceptional places to live and work. GCI focuses on the ground-up development, construction, and management of Multifamily projects in high growth markets located in Ohio, North Carolina, South Carolina, Florida, and Tennessee. We are currently seeking a Director of Revenue Management to join our team out of our Beachwood, OH or Charlotte, NC office. We believe in fostering a culture of growth, collaboration, and excellence, where every team member plays a crucial role in our success.

We are seeking a highly skilled and strategic Director of Revenue Management to join our dynamic team. The Director of Revenue Management will be responsible for maximizing revenue and optimizing pricing strategies across our multifamily residential portfolio. This pivotal role requires a deep understanding of market trends, competitive analysis, and revenue optimization techniques to drive profitability and growth.

Essential Functions

  • Develop and implement strategic pricing strategies to maximize revenue and occupancy across all properties.
  • Conduct thorough market analysis to identify trends, demand patterns, and pricing opportunities.
  • Collaborate with property managers and leasing teams to execute pricing strategies effectively.
  • Utilize revenue management software and analytics tools to track performance metrics and adjust strategies as needed.
  • Lead pricing meetings and provide recommendations based on data-driven insights.
  • Manage and supervise the revenue planning process to include budget preparation for the properties within GCI's portfolio.
  • Develops communicates, and implements renewal strategies that facilitate achievement of site objectives.
  • Work closely with the marketing team to develop targeted promotions and campaigns to drive leasing activity.
  • Analyze lease expiration patterns and implement retention strategies to minimize turnover and maximize renewal rates.
  • Prepare regular reports and presentations for senior management on revenue performance and forecasting.
  • Develops, implements, and manages systems and processes to monitor leads, traffic, follow-up, and closing.
  • Administration of RentPlus to include auditing/overseeing "other" income inclusive of ancillary charges, account creation, training, and support.
Requirements
  • Bachelor's degree in Business Administration, Finance, or related field.
  • Minimum of 3 years of experience in revenue management, pricing strategy, or related field within the multifamily residential or real estate industry.
  • Proven track record of success in implementing revenue management strategies and driving financial performance.
  • Strong analytical skills with proficiency in revenue management software and data analytics tools. Experience with MRI, LRO or other property management software preferred.
  • Excellent communication and presentation skills with the ability to effectively influence and collaborate across departments.
  • Strategic thinker with the ability to anticipate market trends and identify revenue opportunities.
  • Highly organized with the ability to manage multiple projects and priorities simultaneously.
  • Team player with a positive attitude and a passion for driving results.
Still Undecided?
  • We are names not numbers. We have an exceptional company culture that encourages innovation and empowers all team members to act as leaders by providing the opportunities, training, and tools to achieve a successful and meaningful career.
  • We offer a comprehensive compensation package including paid vacation and holidays, optional health/vision/dental, 401(k) plan, and life insurance.
  • We are dedicated to our employees by providing a world-class work environment with potential for growth and advancement in the industry.
  • We care personally through our GCI Connects program by teaming up with local and national charities and participating in events throughout the year.