Director of Revenue Management - Multifamily Apartments
Director of Revenue Management - Multifamily Apartments
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1 Vacancy
Job Description
The Director of Revenue Management at Cirrus will be responsible for developing and implementing dynamic pricing strategies to optimize rental income and occupancy across a multifamily portfolio. This role requires a data-driven leader who can analyze market trends competitor pricing and operational performance to drive revenue growth. The Director will collaborate with senior leadership property management teams and financial planning & analysis (FP&A) to execute revenue optimization initiatives that align with company goals.
Key Responsibilities:
Revenue Strategy Development: Create and implement strategic pricing and lease term optimization initiatives to maximize revenue and minimize vacancies.
Market & Competitive Analysis: Conduct in-depth research on local market conditions competitor pricing demand drivers and economic trends to inform pricing decisions.
Revenue Optimization Software: Utilize industry-leading revenue management platforms (e.g. LRO YieldStar) to forecast demand analyze trends and adjust pricing dynamically.
Performance Monitoring & Reporting: Track and analyze portfolio performance occupancy trends and financial KPIs to drive data-driven decision-making.
Budgeting & Forecasting: Develop annual revenue budgets rental income forecasts and long-term pricing strategies in collaboration with FP&A.
Stakeholder Communication: Present revenue insights pricing strategies and market trends to senior leadership regional property managers and key stakeholders.
Cross-Departmental Collaboration: Partner with marketing leasing and operations teams to align pricing strategies with broader business objectives.
Team Leadership & Development: Provide guidance and training to property management teams to ensure pricing strategies are effectively executed.
Qualifications :
Education: Bachelors degree in business finance real estate economics or a related field (MBA preferred).
Experience: Minimum of 5 years in revenue management pricing strategy asset management or financial analysis within the real estate industry. - Required
At least 3 years in a leadership role. - Preferred
Industry Expertise: Strong understanding of multifamily real estate markets lease structures and economic factors affecting rental demand. - Required
Analytical & Technical Skills: Proficiency in revenue management software (e.g. LRO YieldStar) financial modeling and data analysis tools.
Leadership & Communication: Excellent ability to lead teams influence stakeholders and present complex data insights in a clear and compelling manner.
Technology Proficiency: Advanced skills in Microsoft Excel PowerPoint and data visualization tools.
Additional Information :
Location: Woodland Hills (20720 Ventura Blvd. Woodland Hills CA) office with hybrid schedule
Pay: $100000 - $130000 per year
We are an equal opportunity employer and all applicants will receive consideration for employment without regard to race color religion sex national origin disability status protected veteran status or any other characteristic protected by law. We will consider for employment qualified applicants with criminal histories.
The above job description is not intended to be an all-inclusive list of duties and standards of the position.
All your information will be kept confidential according to EEO guidelines.
Remote Work :
No
Employment Type :
Full-time
Employment Type
Full-time
