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Revenue Associate
JOB DESCRIPTION
- Supports the execution of the Company’s revenue management application (YieldStar) for the assigned portfolio of communities by monitoring the daily use of the system, overseeing rent rate changes, surfacing and addressing problems related to the system, responding to team member questions and requests for help, and communicating with the Revenue Manager on specific activities, issues, and concerns.
- Works with the Regional Property Managers and on-site managers to implement policies and procedures for the daily execution of the revenue management system by explaining the Company’s procedures for reviewing and approving rent recommendations, monitoring compliance through communication with on-site managers and leasing professionals, and working with the RPM on pricing exceptions.
- Analyzes YieldStar rent recommendations, settings, and decisions on a daily basis, communicates with the on-site managers to discuss current market, occupancy, and pricing conditions, and assists in determining rental rates that result in maximum and optimum revenue.
- Reviews revenue reports and completes qualitative analysis to report on the performance and results of the revenue management system at the property and portfolio level, and provides updates and recommendations to assist managers in understanding and evaluating the performance of the revenue management system.
- Assists in conducting training for RPMs and site teams, and provides on-going help and support by communicating frequently about system-recommended rent pricing, appropriately approving and/or making exceptions to rent recommendations, answering functional questions, and ensuring that the revenue management system is being fully utilized.
- Communicates regularly with the Revenue Manager and revenue management software vendor and service provider to identify and discuss specific needs, modifications, and system enhancements.
- May take on a lead role for selected platforms and projects as well as mentoring other Revenues Associates by providing training and/or assistance with complex issues surrounding the Company’s revenue management system.
- Completes various human resources, financial, administrative, and other reports and analysis, and performs other duties as assigned or as necessary.
- 2 Years Property Manager Experience Preferred
Depending on the position offered, regular full-time and part-time team members may be eligible to participate in a bonus program in addition to their base salary. Once eligible, team members may participate in the 401k plan. Regular, full-time team members are also offered a range of medical, financial, and/or other benefits from which to choose.
Greystar will consider for employment qualified applicants with arrest and conviction records.
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Company Updates
THE GREYSTAR STORY
In 1993, when Founder, Chairman, and CEO Bob Faith set out to build Greystar, he envisioned the need for a rental housing industry leader — a blue-chip company that operated with the highest integrity and character in delivering world-class services to residents, property owners, and investors.
With a winning strategy and a focus on people, Greystar continues to meet that need, guided by the Mission of enriching the lives we touch by doing things the right way.
Over the years, Greystar has learned what’s important to people when it comes to a place to call home. That’s why we continually strive to provide beautiful living environments and innovative services that enhance the living experience. We take pride in knowing that our homes are inviting places for residents to celebrate life’s important moments.
WHAT SETS US APART
At Greystar, we care about our residents, clients, and partners – and it shows. Our focus on people, genuine relationships, and shared values has created a unique and defining company culture.
Our team members are key to that culture, so we also strive to hire the best people in the business. “Our Core Values and our people are at the heart of everything we do,” says Bob. “Though times and technology may change, it’s our people who have made Greystar the global leader in rental housing.”
Diversity, Equality & Inclusion
At Greystar, we’re committed to doing the right thing. Our Core Values foster an environment of diversity, equality, inclusion, and belonging, and create the framework that guides everything we do. Our company-wide Diversity, Equality & Inclusion effort isn’t something that’s led by a person or division – it is an effort that is driven by the entire business and guided by our team members.