Position Summary

The Revenue Manager plays a pivotal role in driving strategic pricing decisions that directly impact property performance and organizational growth. Using tools like LRO and market intelligence, this role focuses on maximizing rental income, supporting revenue forecasting, and informing budgetary strategies. The Revenue Manager acts as a critical liaison between departments, facilitating collaboration between Asset Management, Operations, and Property Management to align on pricing execution.

To be successful in this role, the individual must be analytical, detail-oriented, and an effective communicator, with the ability to interpret market trends and translate them into actionable strategies. This position contributes to a cohesive, high-performing team environment while ensuring data-driven decisions are implemented consistently across the portfolio. At its core, this role exists to enhance revenue performance and ensure pricing strategies are both competitive and aligned with broader business objectives.

Essential Duties

Strategic Pricing & Analysis

• Develops and adjusts pricing recommendations based on real-time market trends using the LRO system.
• Monitors and interprets competitive rent data and economic trends to ensure optimized pricing strategies.
• Analyzes performance data to assess the impact of pricing actions and forecast future performance.

Cross-Departmental Collaboration

• Acts as the primary liaison between Asset Management, Operations, and Property Management to align on pricing strategies.
• Educates internal stakeholders on pricing strategy, revenue tools, and implementation guidelines.
• Travels to properties as needed to support local pricing reviews and execution.

Reporting & Budgeting

• Prepares and maintains revenue management reports that support operational and strategic decision-making.
• Assists in the creation of annual and quarterly revenue budgets and forecasts.
• Generates Quarterly and Annual Revenue Reporting Packages for internal stakeholders.

Additional Duties: Tasks or duties not outlined in this job description may be required to contribute to the organization's success and efficiency.

Qualifications

Education & Experience:

• Bachelor’s degree from a four-year college or university required.
• Minimum of 3–5 years of experience in a related field, preferably in multifamily revenue or pricing strategy.
• Strong background in data analysis, budgeting, and market research within a real estate or asset management environment.
• Ability to read, analyze, and present financial data effectively to both internal and external stakeholders.
• Proficiency in applying statistical analysis and financial modeling to practical pricing scenarios.
• Skilled in drawing logical conclusions from complex datasets and making sound decisions under dynamic conditions.

Tools & Systems:

• Proficiency in LRO and Yardi systems
• Advanced skills in Microsoft Excel
• Familiarity with PowerPoint and Word

EQUAL EMPLOYMENT OPPORTUNITY STATEMENT

Morgan Properties is an equal opportunity employer. All employment decisions are made without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, veteran status, or any other protected characteristic under applicable law.

We are committed to providing reasonable accommodation to qualified individuals with disabilities.

MORGAN PROPERTIES VALUES:

At Morgan Properties, we enhance the lives of our residents by providing exemplary service, a best-in-class living experience, and a place they can truly call HOME. Our ambition is to transform the housing industry and empower individuals to redefine their American Dream. All employees assist in our mission and vision by demonstrating Morgan PRIDE:

• Passion: A desire to build communities through teamwork and collaboration, combining individual strengths to deliver exceptional results.
  
  
• Respect: We support each other, remaining loyal and honest through adversity and challenges.
  
  
• Integrity: A commitment to do right by our employees, residents, and communities.
  
  
• Diversity: We embrace and celebrate differences.
  
  
• Entrepreneurial Spirit: Driven by innovation and a passion to do what has never been done before.