Revenue Management Analyst | Corporate Office

Job Summary

The Revenue Management Analyst reviews price recommendations on a daily basis while monitoring demand forecasting and price response to understand the recommendation for each community. This role is also responsible for monitoring asset performance and recommending a strategic and tactical resolution to performance issues. In addition, this position performs analysis work of a financial, demand, and competitive market nature as needed. This position requires attention to detail, accuracy and organizational skills as well as a self-starter that is able to multi-task in a fast paced environment. Project work requires critical thinking and the ability to make confident business decisions as well as crisis management. Attention to detail, accuracy and organizational skills are must-needed attributes for success in this role.

Essential Functions

• Basic understanding of YieldStar principles and ability to research and accept rate recommendations
• Independently reviews floor plan pricing at communities in assigned market(s)
• Communicates with operational teams concerning asset pricing decisions
• Conducts research and gathers information in support of the supervisor’s decision-making responsibilities
• Monitors asset performance using internal and external tools and recommends strategic and tactical resolution to performance issues
• Leads weekly/monthly regional revenue meetings with operations to discuss revenue performance and strategic direction
• Monitors operational related performance parameters impacting property revenue potential
• Monitors property settings in relation to market conditions
• Evaluates amenity pricing and makes adjustment recommendations
• Accepts changes in assignments or responsibilities
• Assists in YieldStar set-up of acquisitions and new lease ups
• Assists with monthly review of regional financial statements and variances
• Evaluates property performance relative to REIT and non REIT market and submarket peers
• Assists the Business Support Center with YieldStar support
• Assists with ongoing revenue budgeting and forecasting processes
• Provides training support to operations as needed

Job Qualifications

• Bachelor’s Degree required; Bachelor’s Degree in Real Estate, Finance, or Economics preferred
• Two years of experience in an analytical role is a plus
• At least one year of experience with Yieldstar and revenue management preferred
• Ability to simultaneously drive numerous projects with effective time management
• Ability to work with minimal instruction and supervision
• Strong written and verbal communication skills
• Advanced skills in Microsoft Office (Excel, Word, Outlook)
• Basic knowledge of statistics and forecasting preferred
• Understanding of database structure and data queries is a plus
• Power BI & SQL programming experience is a plus
• Familiarity with third party multifamily data providers preferred

And here’s the fine print HR wants you to know:

• Job is intermittently sedentary but requires mobility (i. e., climb stairs)
• Will use some repetitive motion of hand-wrist in using computer and writing
• Works in a typical office setting
• Emotional stability and personal maturity are important attributes in this position
• Must handle stressful, urgent, novel and diverse work situations on a daily basis
• May require long hours and odd schedules (including weekends)
• Position requires periodic travel by automobile to handle work-related activities
• May require airline travel, out-of-town and /or overnight trips
• Attendance and punctuality is essential for success in this position
• Hazards can be minimized with proper lifting techniques, SDS, general safety training, and wearing appropriate PPE
• Contact your HR team for the position’s Physical Demands Analysis

This job description is not an all-inclusive list of duties and responsibilities. Camden may add or change responsibilities in order to meet business and organizational needs. Employees must meet qualification standards that are job-related and consistent with business necessity and must be able to perform the essential functions of the position, with or without reasonable accommodations.

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