Highmark Residential
Multifamily Revenue Management Analyst
Highmark Residential, Dallas, Texas, United States, 75215
Overview
Why Highmark Residential?
Because every position is considered critical to Highmark’s success and reputation, we take care to employ those who aspire to become the best in their field. Those who succeed at Highmark will do so because they enjoy an empowered, challenging, fulfilling, and financially rewarding workplace!
What Highmark can do for you:
Help you achieve your goals by continuous professional development and regular career progression sessions
Competitive pay for the market
Monthly bonus opportunities for all site associates
30% associate rent discount
Medical, Dental & Vision benefits the 1st of the month following 30 days of full-time employment
Company-provided life insurance, short term and long term disability coverage
Flexible Spending accounts
401(k) eligibility after 90 days, with 4% Highmark match
Professional Certification & Tuition reimbursement
Vacation, Sick and Personal Time off available to use after 90 days
10 paid holidays
Paid parental leave
Responsibilities Why we need you:
The Multifamily Revenue Management Analyst is responsible for managing the rental revenue strategy and execution for a portfolio of multifamily assets. With the help of a Revenue Management software system, they rapidly analyze new operational data on a daily basis and then implement and communicate a pricing strategy to various stakeholders throughout the organization.
E
ssential functions include (but are not limited to):
Become expert in the Revenue Management Software application and related business procedures for managing pricing and reporting results
Daily review and acceptance of pricing recommendations
Drive renewal strategy via monthly teleconference review with the Operations team using standard and custom benchmarking tools
Facilitate discussions between Operations and Ownership to ensure strategy is communicated and executed
Build rapport with stakeholders to help reach agreed consensus in uncertain market conditions
Manage exposure of available units taking into account historical performance, seasonality, and current market data
Assist with new site implementations in Revenue Management Software environment
Troubleshoot and administrate Revenue Management System on behalf of all internal users
Update periodic reports for review and distribution to Senior Management
Additional Duties
Serve as liaison within Highmark between on-site personnel, Regional and Asset managers to communicate and implement various ownership’s strategic goals for a wide variety of assets
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
Train new team members (Property, Regional and Asset Managers, and Leasing Associates) to use Revenue Management System including ongoing supplemental training when needed
Work with internal leasing training team to ensure proper adoption of the leasing process
Qualifications Q
ualifications:
Bachelor's Degree preferred
Minimum of 2 years industry experience in Real Estate Asset Management, Multifamily Operations, Market Research, Pricing Analysis, or Financial/Data Analysis
On-site experience in Multifamily Operations processes is strongly preferred
Experience with Multifamily affordable programs (LIHTC, PHA, etc.) is desirable
Strong Microsoft Excel skills including transform and lookup functions (VLOOKUP, etc.)
Experience with Property Management Software (i.e. Yardi Voyager, OneSite, etc.) and/or Revenue Management Software (i.e. YieldStar, LRO, etc.) is preferred but not required
Outgoing and friendly and can build consensus among various stakeholders
Detail oriented, analytical and methodical
Ability to train and persuade others regarding new technology and business processes
Ability to multi-task and handle various properties/portfolios simultaneously
Ability to work outside normal business hours at times depending upon workload
Ability to lead and follow through change management initiatives
#CORP
Req. ID: 2025-8362
#J-18808-Ljbffr
Because every position is considered critical to Highmark’s success and reputation, we take care to employ those who aspire to become the best in their field. Those who succeed at Highmark will do so because they enjoy an empowered, challenging, fulfilling, and financially rewarding workplace!
What Highmark can do for you:
Help you achieve your goals by continuous professional development and regular career progression sessions
Competitive pay for the market
Monthly bonus opportunities for all site associates
30% associate rent discount
Medical, Dental & Vision benefits the 1st of the month following 30 days of full-time employment
Company-provided life insurance, short term and long term disability coverage
Flexible Spending accounts
401(k) eligibility after 90 days, with 4% Highmark match
Professional Certification & Tuition reimbursement
Vacation, Sick and Personal Time off available to use after 90 days
10 paid holidays
Paid parental leave
Responsibilities Why we need you:
The Multifamily Revenue Management Analyst is responsible for managing the rental revenue strategy and execution for a portfolio of multifamily assets. With the help of a Revenue Management software system, they rapidly analyze new operational data on a daily basis and then implement and communicate a pricing strategy to various stakeholders throughout the organization.
E
ssential functions include (but are not limited to):
Become expert in the Revenue Management Software application and related business procedures for managing pricing and reporting results
Daily review and acceptance of pricing recommendations
Drive renewal strategy via monthly teleconference review with the Operations team using standard and custom benchmarking tools
Facilitate discussions between Operations and Ownership to ensure strategy is communicated and executed
Build rapport with stakeholders to help reach agreed consensus in uncertain market conditions
Manage exposure of available units taking into account historical performance, seasonality, and current market data
Assist with new site implementations in Revenue Management Software environment
Troubleshoot and administrate Revenue Management System on behalf of all internal users
Update periodic reports for review and distribution to Senior Management
Additional Duties
Serve as liaison within Highmark between on-site personnel, Regional and Asset managers to communicate and implement various ownership’s strategic goals for a wide variety of assets
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
Train new team members (Property, Regional and Asset Managers, and Leasing Associates) to use Revenue Management System including ongoing supplemental training when needed
Work with internal leasing training team to ensure proper adoption of the leasing process
Qualifications Q
ualifications:
Bachelor's Degree preferred
Minimum of 2 years industry experience in Real Estate Asset Management, Multifamily Operations, Market Research, Pricing Analysis, or Financial/Data Analysis
On-site experience in Multifamily Operations processes is strongly preferred
Experience with Multifamily affordable programs (LIHTC, PHA, etc.) is desirable
Strong Microsoft Excel skills including transform and lookup functions (VLOOKUP, etc.)
Experience with Property Management Software (i.e. Yardi Voyager, OneSite, etc.) and/or Revenue Management Software (i.e. YieldStar, LRO, etc.) is preferred but not required
Outgoing and friendly and can build consensus among various stakeholders
Detail oriented, analytical and methodical
Ability to train and persuade others regarding new technology and business processes
Ability to multi-task and handle various properties/portfolios simultaneously
Ability to work outside normal business hours at times depending upon workload
Ability to lead and follow through change management initiatives
#CORP
Req. ID: 2025-8362
#J-18808-Ljbffr