2 Revenue Manager Jobs in Tustin, CA
Tricon Residential is Hiring a Revenue Manager Near Tustin, CA
Tricon Residential Inc. (NYSE: TCN, TSX: TCN) is anownerand operatorofa growing portfolioof morethan 36,000 single-family rental homes in the U.S.Sun Beltand multi-familyapartmentsin Canada.Our commitment to enriching the lives of our employees, residents and local communities underpins Tricon's culture and business philosophy.We provide high-quality rental housing options for families across the United States and Canada through our technology-enabled operating platform and dedicated on-the-ground operating teams.Our development programs are also delivering thousands of new rental homes and apartments as part of our commitment to help solve the housing supply shortage. At Tricon, we imagine a world where housing unlocks life's potential. For more information, visit.
Job Description
As a member of the Asset Management & Investments department this individual will be join the Revenue Management Group working on Tricon Residential's growing single family home and multifamily portfolios. In addition to the Revenue Management function this individual will be an active contributor the organization focusing on optimizing the portfolios via financial and operational measures- Responsible for developing and executing pricing strategies, lease expiration management, concessions to maximize revenue for large portfolio of institutional single family, community and multifamily portfolios
- Oversee daily pricing recommendations, weekly pricing calls, credit screening parameters, renewal offer strategy, all within the companies pricing and revenue platform
- Evaluates property performance versus submarket and suggests corrective actions for poorer performing communities or assets
- Develops analyses for anything related to demand forecasting, demand management or pricing activities (e.g. credit risk assessment, amenities, market segmentation, customer price sensitivities, pricing strategies and tactics, bundling or unbundling of products and services, etc.)
- Assist with enhancement and management of the revenue management pricing model and program
- Compiles 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 with LRO/Yieldstar/AIRM Pricing and Revenue Management software is preferred
- Five to eight 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
At Tricon Residential, we know that the best ideas happen when people bring their uniqueness to work with them. Inclusion is an integral part of how we leverage that uniqueness into our Company. Supporting Diversity, Inclusion and Belonging is not only the right thing to do; it is the right thing to do for our business.
Salary Range
Placement within this compensation range will be determined by the candidate's knowledge, experience and skills.
$94,050.00 - $156,750.00Job Summary
Full Time
Business Services
$101k-138k (estimate)
04/19/2023
06/27/2024
triconresidential.com
Tustin, CA
100 - 200
Business Services
Related Companies
The job skills required for Revenue Manager include Pricing, Revenue Management, Accounting, Market Segmentation, Initiative, Presentation, etc. Having related job skills and expertise will give you an advantage when applying to be a Revenue Manager. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Revenue Manager. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Revenue Manager positions, which can be used as a reference in future career path planning. As a Revenue Manager, it can be promoted into senior positions as a Revenue Cycle Director that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Revenue Manager. You can explore the career advancement for a Revenue Manager below and select your interested title to get hiring information.
If you are interested in becoming a Revenue Manager, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Revenue Manager for your reference.
Step 1: Understand the job description and responsibilities of an Accountant.
Quotes from people on Revenue Manager job description and responsibilities
A revenue manager uses market data to set pricing or business strategy.
02/15/2022: Anderson, IN
Revenue managers oversee the process of collecting and organizing analytical data related to an organization’s revenue, sales, and other financial activities.
01/25/2022: San Jose, CA
An on-site revenue manager can benefit from firsthand knowledge of the market and activities at the hotel, but, thanks to technology, hotels can leverage the skills of a corporate revenue manager with great results.
02/23/2022: Montgomery, AL
Revenue managers also work closely with the Marketing department to create promotional offers and campaigns.
04/15/2022: San Bernardino, CA
Simply, revenue management means predicting consumer behavior to sell the product at an optimal price every day.
04/03/2022: Philadelphia, PA
Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.
Career tips from people on Revenue Manager jobs
Some revenue management jobs may only require an associate’s degree and work experience.
02/19/2022: Fort Myers, FL
Channels are often closely tied to the customer segments that use them, so depending on the product type, a revenue manager can choose a channel and set prices for a particular segment of a target audience.
03/10/2022: Evansville, IN
Using data analysis and predictive analytics.
01/20/2022: Chicago, IL
Channel and overbooking management.
01/22/2022: Amarillo, TX
Without understanding that psychology should be at the center of revenue strategy, a revenue manager can be prone to the “spaghetti method” – throw everything at the wall and see what sticks.
03/03/2022: Sioux City, IA
Step 3: View the best colleges and universities for Revenue Manager.
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