Revenue Manager

Job Description

Job Description

The Revenue Manager plays a pivotal role in driving strategic pricing decisions that directly impact property performance and organizational growth. Using tools like LRO and market intelligence, this role focuses on maximizing rental income, supporting revenue forecasting, and informing budgetary strategies. The Revenue Manager acts as a critical liaison between departments, facilitating collaboration between Asset Management, Operations, and Property Management to align on pricing execution. To be successful in this role, the individual must be analytical, detail-oriented, and an effective communicator, with the ability to interpret market trends and translate them into actionable strategies. This position contributes to a cohesive, high-performing team environment while ensuring data-driven decisions are implemented consistently across the portfolio. At its core, this role exists to enhance revenue performance and ensure pricing strategies are both competitive and aligned with broader business objectives.

Essential Duties :

• Strategic Pricing & Analysis
• Develops and adjusts pricing recommendations based on real-time market trends using the LRO system.
• Monitors and interprets competitive rent data and economic trends to ensure optimized pricing strategies.
• Analyzes performance data to assess the impact of pricing actions and forecast future performance.
• Lead a weekly pricing call for every region.
• Lead a monthly renewal call for every region to include setting up pricing parameters and generating and reviewing upcoming offers.
• Quarterly comp reviews, including evaluation of the setup of positioning and weights within LRO.

Cross-Departmental Collaboration

Reporting & Budgeting

Additional Duties : Tasks or duties not outlined in this job description may be required to contribute to the organizations success and efficiency.

Competencies :

Education and / or Experience :

Dynamic conditions.