Pricing Manager

US-PA-King of Prussia
1 month ago
Job ID
3934
Category
Investment Management
# Positions
1
Type
Regular Full-Time

Responsibilities

Pricing Manager

 

Morgan Properties is seeking a Pricing Manager in our Corporate office in King of Prussia, PA. The Pricing Manager will be responsible for taking control of the on-going management of LRO (Lease Rent Options) software to maximize revenue at our properties. The person is responsible for maximizing revenue at our properties by utilizing the LRO system. This position will be the liaison between pricing and other functional areas within the company and will educate other departments on pricing strategies and implementation guidelines.

 

Essential Job Duties:

  • Conducts market research on competitive pricing options and modifies price.
  • Serves as liaison between Asset Management and Operations regarding pricing issues.
  • Builds and enhances revenue management reports to assist in operational decision making.
  • Monitors property and market performance to assess impact of pricing actions and develop pricing forecasts.
  • Travels to different communities to assess pricing strategies with Property Management.
  • Interprets and understands economic, demographic, and supply demand trends and how they impact the multi-family sector.
  • Reviews current pricing of the different communities and suggests changes/updates.
  • Assists with Revenue Budgeting
  • Prepares Quarterly and Annual Revenue Reporting Package

Qualifications:

  • Bachelor's degree (B. A.) from four-year College or university; and three to five years related experience and/or training.

  • Previous pricing revenue experience required
  • Excellent Excel skills
  • Ability to analyze large amounts of data to determine the best pricing strategies for our communities 
  • Highly detail oriented and organized
  • Excellent communication and interpersonal skills
  • Strong analytical skills
  • Proficiency in Microsoft Office

 Morgan Properties Benefits:

 

  • Employee referral payment program
  • Educational Enhancement Program
  • Medical, Dental, and Vision benefits
  • Life/ AD&D Insurance
  • Long and short term disability
  • Retirement Plan - 401(k) Plan
  • Discount on an apartment with any one of our properties
  • Free access to pool and fitness center

#CB

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