Revenue Growth Manager

5 days ago

London, Greater London, United Kingdom Cobalt Recruitment Full time
About the Role

Cobalt Recruitment is partnering with a forward-thinking property management firm to find a seasoned Revenue Growth Manager to join their established team. This newly created role is ideal for an experienced real estate professional with a background in the Build-to-Rent sector, who can collaborate with leasing teams across all UK sites to manage occupancy and revenue.

Key Responsibilities
  • Pricing Strategy Development: Develop and execute comprehensive pricing strategies, including pricing models, to maximize rental income and adjust rates in real-time based on market conditions, demand, and seasonal trends.
  • Market Analysis: Conduct regular market and competitor analysis to ensure competitive positioning, profitability, and informed data-driven pricing decisions.
  • Revenue Forecasting: Utilize advanced data analysis and demand forecasting techniques to predict demand fluctuations, optimize market mix, and refine strategies for revenue growth.
  • Training and Development: Design and conduct training programs for team members on leasing, revenue management, and industry best practices.
  • Pricing Forecasting and Evaluation: Monitor and evaluate pricing forecasts, adjusting strategies proactively to maintain accuracy and mitigate potential losses.
  • Collaboration and Communication: Collaborate with property management, marketing, and leasing teams to ensure alignment on pricing and revenue strategies and communicate decisions clearly to all stakeholders.
  • Agent Management: Manage relationships with agents, including onboarding, performance management, reporting, and budget allocation, ensuring effective operations and marketing efforts.
  • Resident Feedback and Analysis: Gather and analyze resident feedback, market surveys, and customer reviews to understand preferences and refine pricing strategies and service offerings.
  • Financial Planning and Performance: Support the development of annual budgets with data-backed revenue projections and monitor financial performance to ensure goals are met.
Requirements
  • Demonstrated expertise in revenue management, pricing strategy, or similar positions within the Build to Rent, real estate, or hospitality sectors.
  • In-depth understanding of local property markets and trends in the rental industry.
  • Strong analytical and numerical abilities.
  • Exceptional communication and interpersonal skills.

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