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Bigos Management, Inc.
Golden Valley, MN | Full Time
$141k-202k (estimate)
3 Weeks Ago
Revenue Manager - Asset Management
Bigos Management, Inc. Golden Valley, MN
$141k-202k (estimate)
Full Time | Investment Management 3 Weeks Ago
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Bigos Management, Inc. is Hiring a Revenue Manager - Asset Management Near Golden Valley, MN

BIGOS MANAGEMENT IS PROUD TO BE NAMED A STAR TRIBUNE TOP WORKPLACE IN 2023 FOR THE 9thTIME

LOCATION
Golden Valley, Minnesota

BENEFITS AND PERKS

  • Competitive benefit package, including HSA employer contribution, and starting 1stof the month after hire
  • 401(k) Plan with employer match
  • Nine paid holidays, no waiting period to receive holiday pay
  • Generous Paid Time Off (PTO) and rollover options
  • Volunteer Time Off (VTO), along with additional company sponsored volunteer opportunities
  • Company paid benefits including Life Insurance, Short Term and Long Term Disability
  • Employee Assistance Program (EAP)
  • Educational Assistance options
  • Rent discount
  • Life Time Fitness Membership discount

SUMMARY

The Revenue Manager plays a key role in developing and implementing strategies and processes that maximize revenue for each asset within the portfolio. This position will take ownership of all aspects of Revenue Management activities including pricing calls, inventory and expiration strategies, and daily management of the pricing software. Supports the company objectives in three key areas including: people, profitability, and growth.

To perform this job successfully, the individual must be able to perform each essential job duty satisfactorily. The requirements listed below are representative of the knowledge, skills, and abilities required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of the position.

ESSENTIAL JOB DUTIES

Revenue and Pricing Management

  • Optimize revenue through effective pricing strategy and revenue management software utilization.
  • Lead regular pricing calls with each property.
  • Enforcement of all policies and best practices related to the revenue management process.
  • Ensure compliance with all applicable laws, regulations, and other legal commitments.
  • Coordinate changing asset strategies with other members of Asset Management and Property Management.
  • Provide regular training and education opportunities for new and existing staff.
  • Utilize benchmarking and KPI tools to create reporting around performance and trends.
  • Underwriting support for Development as needed.
  • Oversight of comparative market surveys in partnership with Property Management staff.
  • Support ancillary income opportunities.
  • Site visits as necessary.
  • Other duties as assigned.

Strategic Planning

  • Actively involved in process improvement, OGSM, and SIM development for the department.
  • Recognizes industry trends and is proactive and forward thinking to meet the future needs of the business.
  • Develops strong partnerships and collaborates well with all corporate team members and departments.

Industry Involvement

  • Represents the company at key events, such as volunteering to present at conferences, participating in panels, or facilitating training.
  • Monitors laws, regulations and industry best practices affecting the industry and organization.

Responsibility

  • Produces required volume of work by planning, organizing, and prioritizing work duties.
  • Adheres to Bigos Management general work rules, and department procedures.
  • Maintains a clean and safe work environment and follows all procedures for employee incidents.
  • Ensures compliance with federal, state, and local laws.
  • Attends all required department and company meetings.

Development

  • Seeks partnerships with internal and external customers to learn new skills that support business needs.
  • Asks for, accepts, and acts on feedback.

Quality

  • Ensures work produced supports quality standards that meet goals and objectives.

Relationships

  • Communicates effectively both verbally and in writing.
  • Practices active listening and responds in a professional and timely manner.
  • Meets the changing needs of others in a friendly and positive manner.
  • Gains trust and confidence of internal and external customers.
  • Establishes and maintains effective business relationships with internal and external customers.

QUALIFICATIONS

Education and Experience:

  • Must have a Bachelor's degree with a strong preference for concentration in Economics, Finance or Business.
  • 5 years of revenue management experience. Experience within residential revenue management strongly preferred.
  • Superior analytical and quantitative skills: advanced mastery of Excel modeling and proficiency in Word and PowerPoint are required.
  • Experience with revenue management software such as RentMaximizer, Revenue IQ, Rain Maker, or Yieldstar required. Yardi experience strongly preferred.

Skills and Abilities:

  • Fluent in English and skilled in oral and written communication. Ability to use tact, diplomacy and a clear, courteous manner when dealing with internal and external customers.
  • Ability to effectively present information to all levels of the organization.
  • Travel for this position will not exceed 25%. All assets are all located in Minnesota, but the position may require additional travel for training and seminars.
  • Must have reliable transportation, proof of insurance, a valid state driver's license, and a safe Department of Motor Vehicles driving record.
  • The ability to work well and collaborate with diverse stakeholders solving complex issues.
  • Ability to work independently and multi-task with competing deadlines during peak reporting times.
  • Ability to handle multiple projects or tasks simultaneously with self-direction.
  • Strong organizational and interpersonal skills.
  • Strong written and verbal communication skills.
  • Strong business acumen.
As set forth in Bigos Management’s Equal Employment Opportunity policy, we do not discriminate on the bases of any protected group of status under any applicable law. This applies to all terms and conditions of employment. Bigos Management also expressly prohibits any form of workplace harassment, discrimination, or retaliation.

Job Summary

JOB TYPE

Full Time

INDUSTRY

Investment Management

SALARY

$141k-202k (estimate)

POST DATE

04/21/2024

EXPIRATION DATE

06/20/2024

WEBSITE

tbigos.com

HEADQUARTERS

MINNEAPOLIS, MN

SIZE

200 - 500

FOUNDED

1981

REVENUE

$10M - $50M

INDUSTRY

Investment Management

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About Bigos Management, Inc.

Locally Owned and Managed... Bigos Management, Inc. was founded in 1981 by Ted Bigos. The company currently holds ownership/management of over 40 apartment communities, over 8,000 units, and commercial office space. All of the apartment communities are located in the Minneapolis/St Paul metropolitan area, with the exception of one long standing community in Duluth. The current portfolio's diversity offers something for everyone from quiet suburban living to fast-paced downtown high-rise life. Over 300 people are employed at Bigos Management. The owner-managed aspect of the company is not only ...beneficial to our residents but also to those employed by Bigos Management. A complete benefit package, including profit sharing, is available to full time employees. Our apartment communities are staffed with qualified, experienced personnel. The realm of responsibility born by our on-site staff includes management, resident relations, maintenance, and marketing. The service-oriented company philosophy is integrated, and practiced in conjunction with Fair Housing Laws and adherence to Bigos policies and procedures. Employee dedication and teamwork is evident through the quality service that is provided to each other and the residents of our communities. We are committed to upholding high standards of service and quality, and to progress and innovation as a company. More
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