What are the responsibilities and job description for the Revenue Associate position at Coastal Ridge Real Estate?
What You’ll Do:
As a Revenue Associate, you will be responsible for analyzing and executing the overall multifamily revenue strategy for Coastal Ridge Real Estate’s institutional portfolio, utilizing the AI Revenue Management (AIRM) software platform. This role is expected to be an expert in the revenue management software application and related business procedures.
Where You’ll Work:
Located in downtown Columbus, Ohio, our corporate offices overlook the Columbus Commons which plays hosts to over 200 events throughout the year. Enjoy the building’s fitness center and rooftop terrace with adjoining clubroom, and walk to some of the city’s best restaurants and downtown amenities. This role can also be executed fully remote.
What You’ll Own:
- Effectively analyze operational metrics, historical trends and relevant market data that impact property performance and determine pricing strategies for both new lease and renewal lease transactions for a growing portfolio.
- Conduct regular meetings with onsite teams, Regional Managers, and Ownership to discuss financial results, ensure alignment with business objectives, and identify performance opportunities.
- Consistently review new lease and renewal parameters, amenity values, lease terms, competitor data and other relevant market information to develop internal strategies.
- Complete monthly performance measurement analysis and reporting to senior management regarding revenue results and market conditions.
- Train team members on revenue management concepts and pricing systems. Troubleshoot on behalf of all internal users and assess revenue management adoption.
- Track and report on market trends (synthesizing HelloData, CoStar, Market Analytics or other relevant market reports/studies for major areas of operation/investment focus).
- Assist with new site implementations in Entrata and the revenue management software environment.
- Articulate the revenue management value proposition and develop credibility for its concepts and benefits across the organization.
- Other duties and projects as directed and assigned.
What You’ll Bring:
- 5 years of experience in multifamily property management or revenue management
- Bachelor’s degree required or the equivalent of education and experience
- Previous experience with AI Revenue Management (ex: AIRM,Yieldstar, LRO, or similar) software, highly preferred
- Excellent communication and interpersonal skills, with the ability to influence others
- Strong project management skills required as well as the ability to manage multiple projects simultaneously
- Ability to adapt to change and work well in an autonomous, dynamic environment
- Experience with Microsoft Office products (Excel, PowerPoint and Word)
- Ability to think analytically and problem solve.
Who You Are:
- Financially focused. You look at information with a discerning eye to ensure its accuracy. You use a data-driven approach to make decisions that positively impact the company’s financials. You find creative ways to move the needle and are focused on driving results that ultimately influence the bottom line.
- A supportive team player. You work effectively with others and go above and beyond to support the needs of your fellow coworkers. You are reliable and flexible and communicate effectively by communicating issues and challenges, listening, compromising, and seeking feedback.
- A multitasking ninja. You get things done. You fervently plan backwards to meet timelines, achieve big goals, and manage complex projects in a fast-paced environment with many moving pieces and stakeholders and ensure goals reach or surpass the finish line.
- A detail-oriented individual. You pay attention to the small things that make a big difference. You look at information with a discerning eye to ensure its accuracy. You understand the importance of editing and proofreading your work to ensure it’s done right.
Our Company:
Built on the foundation of over 20 years of friendships, Coastal Ridge is a vertically integrated multifamily real estate operator, investor, and developer whose unique approach successfully combines data and experience. Supported by over 800 real estate professionals with deep sector expertise, we have quickly grown into a leader in the multifamily industry. Our values are based on relationships and driven by honesty, integrity, and trust.
What You’ll Get:
As a Coastal Ridge Real Estate associate, you’ll be eligible to participate in a variety of benefit programs designed to fit you and your lifestyle. We are committed to providing competitive and comprehensive benefits that align with our culture and the needs of our associates.
