Revenue Manager (Price Advisor)
Pinnacle Property Management Services, LLC
(Addison, Texas)Pinnacle is a privately held organization that manages multifamily properties nationwide. Established in 1980, we are one of the largest multifamily management companies in the United States with a portfolio of approximately 135,000 units and 3,000 employees. Our clients include pension funds, private partnerships, international investors, insurance companies, lenders, special servicers, syndicators, government agencies and high net worth individuals.
The Revenue Manager evaluates and analyzes asset performance using the tools available within Yieldstar and Performance Analytics. The Revenue Manager is responsible for reviewing, understanding and compiling reports on asset performance. The Revenue Manager is required to be an expert in the pricing application and related procedures. This individual will act as the advisor for the client and operations team from implementation, managing daily rent pricing and ongoing support. The Revenue Manager will also be responsible for training the Regional Property Manager and their property team members on the Yieldstar system.
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Accumulate, format, and analyze data within the pricing system and market research data to assess trends and identify to potential risks.
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Review daily rate recommendations and communicate with on-site, regional and asset managers related to pricing questions.
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Build and maintain positive relationships with client and team members at all levels.
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Train online and in person on revenue management concepts and pricing system (clients, operations management, and on-site personnel).
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Follow complex analytical methodologies.
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Analyze asset performance and aggregate the results up to a portfolio or sub-market.
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Monthly performance measurement analysis and reporting to senior management regarding financial results, revenue management adoption behavior, leasing velocity and market conditions.
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Interpret and understand economic, demographic and supply demand trends for the U.S. and how they impact real estate fundamentals.
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Additional duties, projects or presentations as assigned.
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Bachelor’s degree required; equivalent experience within industry may be acceptable.
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Real estate industry or previous analysis experience is highly preferred.
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Advanced skills in MS Excel, MS PowerPoint and MS Word.
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Strong analytical skills and abilities; demonstrated experience delivering complex analysis and reports.
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Ability to train, motivate and guide others.
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Ability to work within strict deadlines and adapt to shifting priorities.
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Works well in a collaborative environment and takes ownership of assigned tasks.
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Strong attention to detail.
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Strong written and verbal communication skills.
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Ability to work overtime when needed.
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Ability to travel when needed, up to 25%.
Reports to | Director of Revenue Management |
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