Analyst, Revenue Management
Job Description
Who We Are
Invitation Homes is a leading public Real Estate Investment Trust (REIT) at the forefront of revolutionizing the single-family rental home industry. With over 100,000 single-family assets under management, we're pioneers in our field. Our diverse team of more than 1,500 associates shares a commitment to possibility, making Invitation Homes a place where potential thrives.
The Revenue Management Analyst is responsible for maximizing the organization's revenue and profitability by employing various strategies and techniques to optimize rental rates and occupancy in support of the Revenue Management group and will also provide support to other functional areas.
What You'll Do
- Market Research: Conduct market research to stay informed about the state of rental rates, levels of supply and demand, and emerging trends in the single-family rental market
- Performance monitoring: Track the effectiveness of revenue management strategies and initiatives, identifying areas for improvement and making adjustments as needed
- Monitor prospect and resident sentiment via survey data and address any concerns that could impact rental income
- Forecast, analyze and provide summary of organizational trends
- Develop and update models to provide analysis for various financial conditions related to Asset and Investment Management, Accounting and Operations
- Represent Revenue Management on interdepartmental project committees
- Track economic and performance indicators within real estate market
- Completion of market surveys and other market analysis
- Setting of renewal rates and assisting in renewal rate reevaluation and negotiation
- Regular QA review of all online distribution channels
- Participation in recurring pricing calls with operations
- Timely interpretation of data for recommendations
Who We're Looking For
- Bachelor's degree in Finance, Economics, Business Analytics, Business Administration, Mathematics or a related field
- Quantitative degree or supportive coursework preferred
- Ability to comprehend federal fair housing laws and any applicable local housing provisions
- Proficiency utilizing Outlook, Microsoft Word, PowerPoint, Excel, and basic OS tools
- Proficiency in a programming language (Python, SQL, or R preferred)
- Familiarity with data visualization and reporting tools, such as Tableau or Power BI
- Strong data and modeling skills required
- Experience with revenue management software, property management systems, or customer relationship management (CRM) tools beneficial
- Excellent interpersonal skills; ability to relate to and get along with others
- Professional verbal and written communication skills
- Excellent attention to detail to ensure accurate data analysis and reporting
- Strong communication and presentation skills to convey findings and recommendations to various stakeholders
- Problem-solving abilities to identify issues and develop effective solutions
- Time management and organizational skills to handle multiple tasks and deadlines
- A results-oriented mindset to drive revenue growth and improve profitability
- Ability to maintain confidentiality
Why Invitation Homes
We stand for flexibility, opportunity, and a home that people can make their own. It's as true for our associates as it is for our residents. Just like we help our residents live freer, we liberate our associates' careers, too. Our associates know that at Invitation Homes goals matter, potential is unlocked, and careers thrive. Invitation Homes isn't just a work place it is a possibility place. Invitation Homes offers the below to each new associate:
- Competitive pay and an annual bonus program for all associates
- Generous paid time off plans including vacation accrual, sick time, volunteer time, and standard and floating holidays
- 401k with matching company contributions
- Awesome work environment with casual dress
- Team events and gatherings
- Employee resource groups: Together with Women, Asian Alliance, Black Collective, Juntos, Gen Next, and Open Invitation.
Invitation Homes truly is where possibility lives, pour a new foundation here!
Salary Range
$61,650.00 - $106,860.00Compensation and Benefits
To attract and retain top talent, we're pleased to offer competitive compensation and benefits, including:
- Annual bonus program
- Health, dental, vision, and life insurance
- Long-term and short-term disability insurance
- Generous paid time off plans include vacation accrual, sick time, standard holidays and floating holidays
- 401(k) with company matching contributions
- Awesome work environment with casual dress
- Team events and gatherings (Pre- and Post-Covid)
Invitation Homes is an equal opportunity employer committed to fostering a diverse, inclusive and innovative environment with the best associates. We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity, Veteran status or any other factor protected by applicable federal, state or local law. If you have a disability or special need that requires accommodation, please contact us at [email protected].
To all recruitment agencies: Invitation Homes does not accept agency resumes. Please do not forward resumes to Invitation Homes employees. Invitation Homes is not responsible for any fees related to unsolicited resumes.
Date Posted
05/01/2024
Views
5
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