About the role

Revenue and Operations Management Associate is responsible for overseeing the implementation and management of the company’s revenue management program. In conjunction with the property’s onsite and regional management team, the Revenue and Operations Management Associate provides support with daily new lease and renewal pricing and trains employees on how to utilize the revenue management system. Revenue and Operations Management Associate monitors leasing and revenue performance to ensure compliance with the company’s policies and the property’s strategic performance goals.

What you'll be doing

• Effectively analyze operational metrics, historical trends and relevant market data that impact property performance and, in collaboration with the property and regional team, determine pricing strategies for both new lease and renewal transactions.
• Generate, review, adjust, and set renewal pricing for all properties monthly.
• Routinely monitor and adjust revenue management software parameters to ensure alignment with the property’s strategic investment goals.
• Monitor and recommend leasing and/or renewal incentives as needed.
• Oversee the implementation of the revenue management software for all new acquisitions.
• Conduct regular teleconference meetings with Community Managers and the respective Regional Property Managers to set pricing at the property level and evaluate system compliance.
• Monitor rent and occupancy performance to recommend adjustments to pricing and operations as needed to meet the property’s revenue goals.
• Monitor and generate reporting regarding property and portfolio leasing management and follow up performance to ensure compliance with the company’s policies and meet the property’s leasing goals.
• Provide feedback to regional and senior management as needed regarding non-compliance and non-revenue management operational issues impacting pricing.
• Assist Vice President, Assurance/Compliance with the management and facilitation of multifamily acquisition and disposition transitions for the operation teams.
• Coordinate and assist in the completion of the multifamily acquisition and disposition transition checklists with the investment and internal support teams.
• Monitor monthly lease compliance reporting.
• Review and approve monthly market surveys provided by property team to ensure pricing and competitive set information is accurate and update to date.
• Assist with ad hoc reporting requests as needed.
• Deliver training to assist in the ongoing education of property staff regarding pricing practices and the revenue management software and leasing process.

Who we're looking for

• High school diploma or equivalent required
• BA in Finance, Business Administration, Real Estate or related field preferred

• Analytical skillset with experience in MS Excel
• Multifamily Real Estate operations experience
• Experience with apartment price optimization systems, preferably YieldStar
• Strong knowledge of revenue management concepts, tactics, and processes
• Strong knowledge of multi-family operations
• Ability to manage multiple assignments
• Must be a self-starter with a high level of motivation
• Ability to work independently

Typical Physical Demands

• Regularly uses hands to manipulate phones, computer keyboard and similar tools. Ability to view computer screens, mobile devices, and other electronic equipment, for extended periods of time.  Sit and stand to perform administrative work.  Regularly lift and move office supplies up to 20 lbs.
• Work is performed in an office environment. Employee must travel throughout the company footprint as required.

Why work for us

Balfour Beatty Investments is proud to offer challenging and rewarding work in a variety of functional areas. As a company, we operate with safety and sustainability as our primary focus.  Equally integral components of our culture are our values—Integrity, Teamwork, Excellence, Respect—and our code of conduct. Living up to these commitments requires the fresh ideas, insights, and talents of employees as diverse as the audiences we interact with every day.         

We recruit across several core capabilities including business development, project finance, legal and commercial and accounting.

The success of our company is built on the efforts of our employees. We are committed to offering our employees a path to professional success through development, training and mentoring opportunities that cover a wide variety of skills and functional areas.

At Balfour Beatty Investments, our employees are our greatest asset and their well-being means a healthier, more productive workplace. We offer a comprehensive benefits package that includes a variety of health care options, retirement benefits and other flexible benefits.

About us

Balfour Beatty Investments is a global infrastructure investor operating in the UK, US, and Canada. We provide the investment capability to deliver complex infrastructure projects. Over the past 15 years, Balfour Beatty Investments (formerly known as Balfour Beatty Capital) has established itself as one of the largest investors in the PPP industry, building a portfolio of more than 60 projects worldwide, predominantly in the UK and US.

Increasingly, we have been diversifying beyond the traditional PPP sectors into new markets such as power, waste and student accommodation.

www.balfourbeattyinvestments.com

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