Revenue Management Associate

Dominium is helping tackle the affordable housing crisis – and we’re looking for motivated candidates to join our team and help further our mission. With offices in Minneapolis, Atlanta, Dallas and Phoenix, Dominium is one of the nation’s most respected and innovative affordable housing development and management companies. We create quality, affordable homes and engage with our residents daily to create a strong sense of community and connectivity. Join us in making a difference in people’s lives every day at a company where you can challenge yourself to develop both personally and professionally. The Revenue Management Associate is responsible for optimizing pricing and revenue strategies across our property portfolio. This position works closely with senior property management leaders, including Vice Presidents, Regional Managers, Community Managers, Asset Manager, and Site Teams, to ensure the consistent application of revenue optimization and pricing policies. The associate will lead regular pricing discussions with properties, leveraging revenue management software to guide decisions. Key responsibilities include analyzing supply and demand trends, reviewing comparable properties, setting optimization parameters, and ensuring compliance with established policies.

ESSENTIAL FUNCTIONS

Collects, analyzes, and interprets data related to pricing, occupancy, and market trends to inform revenue management strategies. Collaborates/Assists with overall strategy and pricing decisions with the teams through analyzing historical, current, and projected supply and demand; analyzing comparable properties when applicable; setting optimization parameters; and monitoring compliance with policies and decisions. Works with property management leaders including Vice Presidents, Regional Managers, Community Managers, Asset Manager and Site Teams to ensure consistent application of revenue optimization and pricing policies throughout the portfolio. Tracks and evaluates the performance of revenue management initiatives, including monitoring key performance indicators (KPIs) and preparing reports. Leads regular pricing calls with all properties utilizing the revenue management software. Provides in-house training related to revenue management process and software. Ensures compliance with all applicable laws, regulations, and other legal commitments, to ensure software parameters meet legal requirements. Responsive to requests or questions about revenue management functions. Participates in special projects or initiatives related to revenue management and other duties as assigned.

QUALIFICATIONS

Bachelor’s degree in related field or equivalent combinations of education experience preferred. 2 years of revenue management experience with experience with pricing models and forecasting techniques; and property management, sales, and/or pricing experience and Market Rate & Section 42 experience preferred. Proficient in Microsoft Outlook, Excel, and Word; advanced Excel knowledge and revenue management software experience preferred. Strong analytical skills with the ability to interpret data and market trends; and the ability to develop and implement effective revenue strategies based on market analysis, competitor benchmarking, and financial performance. Proficient verbal and written communication skills for presenting reports, collaborating with stakeholders, and influencing decisions. Critical thinking and problem-solving skills to address revenue management challenges; and a high level of accuracy in handling data and ensuring compliance with policies and legal requirements. Ability to manage multiple projects simultaneously, including software implementations and process improvements. Understanding of the specific industry’s market dynamics, trends, and regulatory environment. Ability to balance revenue optimization with customer satisfaction and retention strategies. #J-18808-Ljbffr Dominium