What are the responsibilities and job description for the REVENUE MANAGER position at Levco Management LLC?
Description : Revenue Manager
Salary : Compensation is commensurate with experience
FLSA Status : Exempt
Schedule : Monday Friday
Reports to : Chief Operating Officer and Senior Director of Property Operations
Job Description
The Revenue Manager is responsible for developing and implementing customized revenue strategies to optimize performance and maximize revenue across a diverse portfolio of multifamily properties. This role requires strong analytical skills, a deep understanding of revenue management software, and market conditions.
Responsibilities
- Develop and execute customized revenue management strategies aligned with company objectives to optimize performance and maximize revenue.
- Conduct regular analyses to ensure proper price positioning, forecast demand, identify market trends, occupancy rates, and specials based on competitor activity.
- Track and analyze key performance indicators to identify areas for improvement surrounding revenue and occupancy.
- Utilize revenue management software to make informed pricing decisions and streamline processes.
- Collaborate with management team and work closely with onsite teams to coordinate cohesive revenue and promotional strategies.
- Participate in forecasting and budgeting at the property level.
- Monitor performance against property budget.
- Conduct regular leasing / revenue management strategy meetings and effectively respond to pricing concerns or requests.
- Identify opportunities for revenue growth.
- Prepare regular revenue and performance reports to present to the executive team.
- Tour model unit, available units, and amenities at subject property and its competitors.
Qualifications
Levco Management is an Equal Opportunity Employer.
Requirements :
PIfabb15669ca0-31181-36401271
