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Dominium · 1 month ago

Senior Revenue Management Associate - Hybrid

Dallas, Texas, United States

Full-time

Hybrid

Senior Level

5+ years exp

Dominium is a purpose-driven leader in affordable housing, seeking motivated candidates to join their team. The Senior Revenue Management Associate will optimize pricing and revenue strategies across the property portfolio, collaborating with various management levels to ensure effective revenue policies and compliance.

Commercial Real EstateLeasingProperty ManagementReal Estate

Responsibilities

Leads day-to-day operation of the revenue management system including, but not limited to, setting adjustments, price changes, and training with the site teams

Collects, analyzes, and interprets data related to pricing, occupancy, and market trends to inform revenue management strategies

Assists with overall strategy and pricing decisions with the teams through analyzing historical, current, and projected supply and demand; analyzing comparable properties when applicable; setting optimization parameters; and monitoring compliance with policies and decisions

Works with property management leaders including Vice Presidents, Regional Managers, Community Managers, and Site Teams to ensure consistent application of revenue optimization and pricing policies throughout the portfolio

Tracks and evaluates the performance of revenue management initiatives, including monitoring key performance indicators (KPIs) and preparing reports

Leads regular pricing calls with all properties utilizing the revenue management software

Provides in-house training related to revenue management process and software

Collaborates with the Development teams on market reviews and rent comparable studies for potential new construction or acquisitions sites. Provides independent analysis and opinion on behalf of the Asset Management department for Investment Committee review and consideration

Assists with the development and updating of the Dominium 'Market Scorecards' which provides a summary opinion of market conditions for acquisition and development deals in active and prospective markets

Ensures compliance with all applicable laws, regulations, and other legal commitments, to ensure software parameters meet legal requirements

Responds to requests or questions about revenue management functions

Participates in special projects or initiatives related to revenue management and other duties as assigned

Qualification

Revenue management experienceYardi RevenueIQPricing modelsAdvanced ExcelMarket Rate & Section 42 experienceAnalytical skillsIndustry knowledgeCommunication skillsCritical thinkingProblem-solvingProject management

Required

Bachelor's degree in related field or equivalent combinations of professional experience

5 years of revenue management experience with experience with pricing models and forecasting techniques; and property management, sales, and/or pricing experience

Prior experience with revenue management software required

Proficient in Microsoft Office 365 suite

Strong analytical skills with the ability to interpret data and market trends; and the ability to develop and implement effective revenue strategies based on market analysis, competitor benchmarking, and financial performance

Proficient verbal and written communication skills for presenting reports, collaborating with stakeholders, and influencing decisions

Critical thinking and problem-solving skills to address revenue management challenges; and a high level of accuracy in handling data and ensuring compliance with policies and legal requirements

Ability to manage multiple projects simultaneously, including software implementations and process improvements

Understanding of the specific industry's market dynamics, trends, and regulatory environment

Ability to balance revenue optimization with customer satisfaction and retention strategies

Preferred

5 years of revenue management experience with experience with pricing models and forecasting techniques; and property management, sales, and/or pricing experience and Market Rate & Section 42 experience preferred

Experience with Yardi RevenueIQ preferred

Advanced Excel knowledge preferred

Benefits

Basic Life and AD&D

Employee, Spouse and Child Supplemental Life and AD&D

Short and Long-Term Disability insurance

Medical, Dental and Vision coverage

Health Savings Accounts

Medical and Dependent Care Flexible Spending Accounts

Voluntary Benefits (Accident, Critical Illness, Whole Life)

Employee Assistance Program

401(K) plan

Health and Financial Wellness Programs

Paid Time Off including Paid Holidays and Floating Holidays

Paid Parental Leave

Education Reimbursement

Employee Recognition

Dominium Employee Emergency Fund

Company

Dominium

Glassdoor3.6

Founded in 1972, Dominium is a purpose-driven leader in affordable housing, dedicated to addressing the nation’s housing crisis through lasting and impactful solutions.

Founded in 1972

Plymouth, Minnesota, USA

1001-5000 employees