Director of Revenue Management

Highmark Residential, LLC

$110K — $130K *
Hospitality & Recreation
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business, Accounting or Finance; MBA preferred.
  • Superior analytical and interpersonal skills.
  • Excellent verbal and written communication/presentation skills.
  • Highly proficient in Microsoft Excel and PowerPoint; moderate MS Word skills.
  • Solid experience with Yieldstar Revenue Management system.
  • Understanding of financial mathematics, statistics, financial statements, and budgeting.
  • Ability to manipulate large sets of data.

Responsibilities

  • Create and analyze revenue management strategies for financial impact.
  • Review daily pricing recommendations and implement changes.
  • Communicate regularly with personnel about pricing levels.
  • Provide monthly performance analysis and reporting to senior management.
  • Assist in forecasting and budgeting revenue expectations at properties.
  • Serve as liaison for consistent communication regarding performance.
  • Coordinate training and education on Revenue Management System.

Benefits

  • Ongoing training and education opportunities.
  • Collaboration with diverse teams across the organization.
  • Opportunities for leadership development and management experience.
Full Job Description
Overview

Why we need you:

The Director of Revenue Management will oversee, analyze, and enhance Highmark's Revenue Management system in order to maximize revenue.

 

Responsibilities

Essential functions include (but are not limited to): 

  • Create and critically analyze the operational and financial impact of the revenue management strategies
  • Daily review of pricing recommendations and implementation in and outside of the systems output
  • Regular communication (weekly, bi-weekly and monthly) with on-site and regional personnel, Asset Managers and Pricing Analysts related to pricing levels
  • Provides monthly performance measurement analysis and reporting to senior management regarding
    • Financial performance (revenue, effective rent and occupancy trends)
    • Revenue Management adoption behavior including rate acceptance, lease compliance and shopping scores
    • Leasing velocity and traffic behavior
    • Market conditions (competitive landscape, new supply, macro economic factors)
  • Assist in forecasting and budgeting revenue expectations at the property level based on recent leasing trends, rate performance and strategic initiatives
  • Serve as liaison within Highmark operational personnel to ensure consistent communication regarding performance, property level and enhancement requests
  • Data and configuration review for system initialization on sites
  • Coordination of go-live training for new sites
  • Ongoing education of Highmark associates regarding pricing practices and the Revenue Management System
  • Participate in training and performance calls and meetings with on-site, regional and asset management personnel
  • Train new team members (Property, Regional and Asset Managers and Leasing associates) to use Revenue Management System including turnover training when needed
  • Work with internal leasing training team to ensure proper adoption of the leasing process
  • Provides management with ad hoc strategic analysis and recommendations, as necessary.
  • Performs other duties as assigned by VPO
Qualifications

Qualifications: 

  • Bachelor’s degree in Business, Accounting or Finance. MBA, a plus.
  • Superior analytical and interpersonal skills.
  • Excellent verbal and written communication/presentation skills.
  • Highly proficient computer skills in Microsoft Excel and PowerPoint. Moderate MS Word skills.
  • Solid experience with Yieldstar Revenue Management system.
  • Understanding of financial mathematics, statistics, financial statements and budgeting.
  • Ability to manipulate large sets of data.
  • Strong work ethic, self-starter, team orientation and acute attention to detail.
  • Ability to work under tight timeframes and balance multiple assignments.
  • Must have ability to effectively manage associates, in addition to strong leadership and interpersonal skills.

#CORP

Req. ID: 2026-10052

 

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