ABOUT GREYSTAR

Greystar is a leading, fully integrated global real estate company offering expertise in property management, investment management, development, and construction services in institutional-quality rental housing, logistics, and life sciences sectors. Headquartered in Charleston, South Carolina, Greystar manages and operates more than $290 billion of real estate in 247 markets globally with offices throughout North America, Europe, South America, and the Asia-Pacific region. Greystar is the largest operator of apartments in the United States, manages more than 857,400 units/beds globally, and has a robust institutional investment management platform comprised of more than $76 billion of assets under management, including over $34 billion of development assets. Greystar was founded by Bob Faith in 1993 to become a provider of world-class service in the rental residential real estate business. To learn more, visit www.greystar.com.

JOB DESCRIPTION SUMMARY

This position is responsible for leading the planning implementation, execution and ongoing maintenance of the Company’s revenue management application and systems. Team members in this role develop and implement policies and procedures for setting rent and renewal pricing in addition to supporting the onsite management teams in the daily application of the revenue management system to ensure optimum rental rates and maximum revenue.

JOB DESCRIPTION

Oversee the ongoing administration of the revenue management system at the property and portfolio level.  Continually monitor effectiveness, partner with appropriate business colleagues to assess the need for any upgrades, enhancements, etc. to ensure it continues meeting the needs of the business; make recommendations for improvements as necessary. Work closely with Regional operation leaders to develop and implement policies and procedures for the daily execution of the revenue management application.  Procedures may include direction on reviewing and approving rental recommendations, monitoring compliance through communication with onsite managers and other onsite professionals relative to establishing guidelines on pricing exceptions. Analyze rent recommendations, settings and decisions on a regular basis as decided upon by leadership.  Partner with onsite managers to discuss current market, occupancy and pricing conditions to determine rental rates that will maximize revenue return. Generate and provide qualitative analysis of revenue vs budget performance.  May generate additional ad hoc reports to assist and support other internal business partner groups in understanding and evaluating the performance of the revenue management system. Provide service, training and ongoing support to onsite manager and other Regional leaders through consistent communication regarding system-recommended rental pricing; assess and approve rent recommendations, and ensure the system is being utilized to its full intended potential.  Act as the Company’s liaison and primary point of contact for 3rd party vendors and service providers on items such as system modifications and enhancements to meet business needs; acts as the project manager on behalf of the organization if need analysis results in project implementation(s). May supervise a team of professionals in support of the revenue management group.

Additional Compensation:

Corporate Positions: In addition to the base salary, this role may be eligible to participate in an annual bonus program based on individual and company performance.Onsite Property Positions: In addition to the base salary, this role may be eligible to participate in weekly, monthly, and/or quarterly bonus programs.

Robust Benefits Offered*:

Competitive Medical, Dental, Vision, and Disability & Life insurance benefits. Low (free basic) employee Medical costs for employee-only coverage; costs discounted after 3 and 5 years of service.Generous Paid Time off. All new hires start with 15 days of vacation, 4 personal days, 10 sick days, and 10 paid holidays. Plus your birthday off after 1 year of service! Additional vacation accrued with tenure.For onsite team members, onsite housing discount at Greystar-managed communities are available subject to discount and unit availability.6-Week Paid Sabbatical after 10 years of service (and every 5 years thereafter).401(k) with Company Match up to 6% of pay after 6 months of service.Paid Parental Leave and lifetime Fertility Benefit reimbursement up to $10,000 (includes adoption or surrogacy).Employee Assistance Program.Critical Illness, Accident, Hospital Indemnity, Pet Insurance and Legal Plans.Charitable giving program and benefits.

*Benefits offered for full-time employees. For Union and Prevailing Wage roles, compensation and benefits may vary from the listed information above due to Collective Bargaining Agreements and/or local governing authority.

Greystar will consider for employment qualified applicants with arrest and conviction records.

CLOSING DATE

September 25, 2024