Job description
About CONREX:
We are a leader in the single-family rental (SFR) Aggregation space with over 10,000 homes across the Southeast and Midwest. Conrex was founded in 2011 to bring technology to the single-family rental space. Over the years we have become a full-service acquisition, renovation, and property management company growing throughout the South and Midwest. By the application of efficient processes enabled by advanced software, our company can provide clean, safe, affordable housing to thousands of people. We strive to offer better living opportunities for individual families, which ultimately improve the lives in the communities we serve!
Job opening: Revenue Management Analyst
Location: Charleston, SC
Primary Responsibilities:
The Revenue Management Analyst is primarily responsible for analyzing competitor pricing, evaluating new and renewal pricing, and creating a strategy to achieve maximum rent growth by market.
Skills & Competencies:
- Ability to keep abreast of industry trends and develop dynamic pricing strategies
- Competence to present pricing analysis reports
- Intermediate knowledge of Word, Excel, and PowerPoint; advanced preferred
- Demonstrated strong written and verbal communication skills
- Detail-oriented, with the ability to produce high-quality work in a deadline-oriented environment and an ability to multi-task
- Ability to prove critical thinking and problem-solving concepts
- Ability to thrive in a high volume, data entry, and processing work environment, where applicable
- Experience working in a work schedule environment, including in-office operations, weekends, and holidays, based on business needs.
Qualifications:
- Bachelor’s degree or relative experience in mathematics, statistics, finance, economics, or a related field
- Minimum of 3 years experience as a Revenue Analyst or similar position
- Experience in the Multi-Family or Single-Family Rental (SFR) industry, a plus
Essential Job Functions:
- Access data from a variety of sources to gain insights into pricing strategies and market trends
- Track customer engagement to develop effective pricing strategies for optimized rents.
- Collaborate with leasing, marketing, acquisitions, and local markets on developing and implementing competitive pricing strategies
- Provide feedback on current pricing tools to adjust to the changing market needs and trends
- Keep informed on pricing analysis methods and industry trends
- Review long-day on-market homes and provide the best rent strategies to move the home
- Track, monitor, and adjust pricing (with management approval) on homes within a 7-day cycle to prevent long-day on-market homes.
- Ensure we are constantly driving rents across assigned markets to meet the demands of the industry
- Conduct market studies and provide feedback in build-to-rent areas where we have a presence to maximize return on investment
- Analyze new rent growth to establish and execute consistent growth quarter over quarter
- Partner closely with the Revenue Manager, ensuring alignment on all market pricing strategies while maintaining open feedback to support the continual development of new strategies and best practices that will support sustained regional revenue growth
- Offer data for comparable estimated rents before the acquisition’s bid is finalized of achievable rents
- Other duties, as assigned by supervisor or leadership team.
Key Metrics & Responsibilities
- Achieve 7% renewal rent increases or higher
- Study renewal rent trends to know where/how to enhance rents across appropriate markets
- Effectively price renewals 90,60,30 days out from lease expiration
Physical Requirements:
- Capable of working extended hours, including evenings, weekends, and holidays as necessary.
- Able to see well enough to read faint or partially obscured writing or printing, with corrective lenses if needed.
- Must be able to speak English in a clear and understandable voice so that various types of communication may be
- conducted with people of various levels of education and capabilities, to include the exchange and receipt of the information
- over the telephone.
- Position involves sitting, standing, stooping, kneeling, pushing, shoving, lifting, carrying and moving objects that can
- weigh up to 25 lbs. This movement can occur throughout the day. Must also be able to climb several flights of stairs if
- necessary.
- Must be able to interact with all types of individuals, be mentally alert, detail-oriented, and with good reasoning skills.
- Must be able to work in small and confined spaces for extended periods of time.
- Must have finger dexterity for typing/using a keyboard.
Environmental Requirements
- Must be able to work on more than one assignment at a time with frequent interruptions, changes, and delays. Must be
able to remain focused and work effectively, efficiently, and cheerfully under such circumstances. For safety reasons,
employees must remain alert to working conditions and aware of safety, health, and environmental concerns.
- Must be able to work effectively and cheerfully in an environment that may be stressful due to adversarial situations
resulting from the proper performance of duties.
- Must be able to work in the office as regularly scheduled
Why work for CONREX?
Our Mission – “We Positively Impact the Lives in the Communities We Serve”. We do this through the work we do and the volunteer efforts that the company sponsors. You can make a difference in your community while you work!
Outstanding benefits package – our benefits are provided by Brookfield and offer an immediate 5% match on the 401(k) plan, wellness credits that significantly reduce the employee cost for health care coverage, and up to 160 hours of PTO per year for full-time employees.
Huge parent company – support and backing from Brookfield Asset Management, one of the largest real estate asset management companies.
Career growth – with our plans for growth and expansion into new markets, there are many opportunities to move up within the company.
Equal Opportunity Employer
ADA compliant
Job Type: Full-time
Pay: From $22.00 per hour
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Flexible spending account
- Health insurance
- Health savings account
- Paid time off
- Parental leave
- Vision insurance
Schedule:
- 8 hour shift
Ability to commute/relocate:
- Charleston, SC 29403: Reliably commute or planning to relocate before starting work (Required)
Experience:
- Financial analysis: 2 years (Preferred)
Work Location: One location
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