What are the responsibilities and job description for the Vice President of Revenue Management position at The Scion Group?
Your Opportunity
Scion is the leader in off-campus student housing communities globally and a sector leader in leveraging analytics to drive business performance. We are seeking a Vice President of Revenue Management to build and lead our Revenue Management organization
The Vice President of Revenue Management will report to the Senior Vice President of Revenue Management and is based in our Chicago central office.
Your Responsibilities
People and Team Management
- Lead a High Performing team comprised of Revenue Management and Market Intelligence professionals
- Work in close coordination with Sales, Marketing, Operations, and Advisory teams to formulate strategy, monitor performance, and advance critical initiatives.
- Serve as liaison to the broader organization, championing Data Driven Decision making & adoptions of Scion Intelligence, the company’s proprietary Business Intelligence Platform.
Functional Operations
- Lead annual portfolio Revenue planning process, coordinating closely with Analytics, Sales, Marketing, Operations, Finance & other relevant stakeholders.
- Oversee development and execution of Yield Strategies that maximize market share & profitability per bed across all revenue streams.
- Lead Executive & SMR-O engagement strategy, ensuring that relevant parties are kept appraised of emerging trends and updated projections.
- Lead strategic initiatives designed to maximize business performance and drive technology & process innovation.
- Serve as industry expert for market trends, leading evaluation of market conditions, supply & demand dynamics, and Yield potential.
- Partner with Investment & Advisory teams to evaluate market potential, advise on best practices, and core functionality of revenue management tools.
- Drive improvement in execution KPIs including Planning and Forecast accuracy, Rate override ratios, etc.
The responsibilities listed above may not be all inclusive.
What We Require
- Bachelor’s degree. Advanced degree preferred.
- 10 years of experience in Revenue Management with progressive leadership experience.
- Experience in Student housing, Multi Family, or other relevant Lodging sectors.
- Strong leadership, collaboration & strategic thinking skills.
- Proficient in communication & public speaking skills
- Proficiency in Microsoft Office suite, Revenue Management Systems, Property Management Systems.
Operational Details
- Job location is based at Scion’s Chicago corporate headquarters.
- Working hours consist of standard daytime business hours.
Your Benefits
- FLSA Status Exempt
- Discretionary annual bonus
- Paid Time Off
- Health Insurance
- Dental Insurance
- Vision Insurance
- 401k Matching
- Paid Maternal Leave
- Parental Leave
- Learning reimbursement opportunities
- Pet Insurance
The base salary range for this full-time position is $200,000-$220,000 bonus benefits. Our salary ranges are determined by role, level, and location. The range displayed on each job posting reflects the minimum and maximum target for new hire salaries for the position across all US locations. Within the range, individual pay is determined by work location and additional factors, including job-related skills, experience, and relevant education or training. Your recruiter can share more about the specific salary range for your preferred location during the hiring process.
The Scion Group LLC provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, religion, creed, national origin, color, gender, sex, sexual orientation, gender identity or expression, age, physical or mental disability (as long as the employee/applicant is otherwise qualified for the job with or without a reasonable accommodation), genetic information, HIV/AIDS status, marital status, uniformed service, veteran status, pregnancy or other legally protected status or category under federal or state law. The Scion Group LLC complies with applicable state and local laws governing nondiscrimination in employment in all locations in which the Company has properties. This policy applies to all terms and conditions of employment, including hiring, placement, promotion, termination, layoff, recall, transfers, leaves of absence, compensation, training and other terms and conditions of employment. The Scion Group LLC is committed to the principles of equal employment opportunities.
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