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Manager Portfolio Pricing

Company: Brookfield Properties Multifamily LLC
Location: Los Angeles
Posted on: November 26, 2022

Job Description:

LocationFigueroa at Wilshire - 601 S. Figueroa, Suite 2200BusinessWe know that a "one-size-fits-all" approach doesn't work when it comes to residential living. That's why, at Brookfield Properties, our portfolio features a wide range of options for any stage of life. And though our properties may be diverse, one thing is universal: all offer the unparalleled quality, service, and support our residents deserve.If you're ready to be a part of our team, we encourage you to apply.Job DescriptionPosition SummaryThePortfolio Pricing Manager is responsible for the new lease rent as well renewal lease rent pricing strategy for their assigned Portfolio. The Portfolio Pricing team are expertswith Lease Rent Options (LRO) as it is used for the analysis and management of daily pricing. This role is responsible for reporting results regarding revenue performance to the Vice Presidents of Revenue Management and SVP of Operations. ThePortfolio Pricing Manager will also be an active user/supporter of Business Intelligence and Performance Analytics.Essential Job Functions1. Implement revenue pricing strategy to maximize revenue and asset value thru the use of available tools and best practices. Host weekly pricing calls to cover new and renewal pricing. Manage pricing system parameters to achieve asset specific strategies.Develop pricing workbooks and Implement pricing software for new acquisitions and developments. (45%)2. Travel to markets to perform competitive set review and amenity analysis. While in market, conduct learning sessions with site associates to support revenue management focus on sales and value creation thru process and structure. On-board new assets and associates into the Brookfield portfolio.(30%)3. Build strong professional relationships within the organization that focus on collaboration, accountability, and equality to serve the business's objectives. Partner with Financial Planning and Analysis to forecast revenue targets and work directly with Marketing team to make recommendations of marketing spend for your portfolio. Partner with our technology and property management software support functions to align process and systems to maintain best practices for Revenue Management's various integrations.(15%)4. Maintain up-to-date knowledge of regulations in markets as well as industry trends. Craft, interpret, and communicate reporting to stakeholders throughout the organization. (10%)EducationThis position requires a(n) Undergraduate (Bachelor) Degree in Real EstateMarketing, General Business Management, Accounting/Finance or related discipline.Additional degree(s) that are preferred for this position include:Advanced (Master) DegreeWork ExperienceBelow is the required/preferred work experience for this position:

  • 5-7 Years Progressive responsibility and experience in property management - Required
  • 5-7 Years Held the role of Property Manager - Preferred
  • 3-4 Years Accounting or Finance role where financial statement work was instrumental to the role - Preferred
  • Note: 10+ Years of experience can offset minimum educational requirements for this positionWe are proud to create a diverse environment and are proud to be an equal opportunity employer. We are grateful for your interest in this position, however, only candidates selected for pre-screening will be contacted.

Keywords: Brookfield Properties Multifamily LLC, Los Angeles , Manager Portfolio Pricing, Executive , Los Angeles, California

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