Senior Revenue Manager

4 weeks ago

Phoenix, Arizona, United States Tricon Residential Full time
Revenue Growth Optimization Specialist

Tricon Residential is a leading owner and operator of a growing portfolio of single-family rental homes in the U.S. and multi-family apartments in Canada.

We are committed to enriching the lives of our employees, residents, and local communities through our culture and business philosophy.

As a Revenue Growth Optimization Specialist, you will be responsible for developing and executing pricing strategies to maximize revenue for our large portfolio of institutional single-family, community, and multifamily properties.

You will oversee daily pricing recommendations, weekly pricing calls, credit screening parameters, renewal offer strategy, and all within our pricing and revenue platform.

Evaluate property performance versus submarket and suggest corrective actions for poorer performing communities or assets.

Develop analyses for demand forecasting, demand management, or pricing activities, such as credit risk assessment, amenities, market segmentation, customer price sensitivities, pricing strategies, and tactics.

Assist with enhancement and management of the revenue management pricing model and program.

Compile market analysis information and trends to make informed recommendations to management.

Analyze, manage, and drive KPIs around revenue growth optimization.

Supports development and/or modification of training materials for PRM tools.

Develop and present recommendations to management or other internal teams.

Work closely with the revenue management department on a regular basis on pricing, renewals, and other revenue initiatives analyses or projects.

May require approximately 10-20% travel to markets.

Qualifications:

Comfortable creating financial analyses and PowerPoint presentations to support findings and recommendations effectively with all levels, including Senior Management.

Knowledge of Business Intelligence solutions such as Microsoft Power BI or Tableau preferred.

Queries, graphing, PowerPoint, etc. preferred.

Knowledge of YARDI accounting platform preferred.

Tolerance for ambiguity of early change management situations.

Demonstrate and support the organization's ethics and values and foster teamwork.

Ability to work well with others in a fast-paced, dynamic environment, and flexibility to adapt to changing priorities.

Minimum Requirements:

BA/BS degree in finance, real estate, or related field with strong record of academic achievement.

Experience Pricing and Revenue Management software is preferred.

8+ years of Revenue Management or pricing experience. Relevant experience may include residential real estate, multi-family and/or hospitality operations, economics, and other applications of revenue/yield management principles from other industries.

Strong analytical background and ability to learn new systems quickly.

Excellent communication skills both written and verbal.

Proficiency with data and analytical presentation tools such as Excel pivot tables, database.

Physical Demands:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job, including:

Frequently required to sit; talk; and hear.

Occasionally required to stand; walk; use hands to finger, handle, or feel; reach with hands and arms; and stoop; kneel; or crouch.

Occasionally lift and/or move up to 10 pounds.

Vision abilities required by this job include close vision, distance vision, and depth perception.

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