Revenue Manager

Posted 2 Days Ago
Be an Early Applicant
Chicago, IL, USA
In-Office
100K-105K Annually
Junior
Real Estate
The Role
Manage daily revenue operations for assigned student housing properties: set pricing and yield strategies, analyze market data, forecast and report performance, lead annual revenue planning, and coordinate with Sales, Marketing, and Operations to optimize asset yield.
Summary Generated by Built In

Want to learn more about The Scion Group? Check out our website.

We're hiring immediately!

We are interested in every qualified candidate who is eligible to work in the United States. However, we are not able to sponsor visas.

Your Opportunity

Scion is paving a path in student living, and we’re seeking a Revenue Manager to join us in executing our vision.

The Revenue Manager will oversee daily revenue management operations for assigned properties, across all revenue verticals. This includes implementing pricing strategies, monitoring market trends, and ensuring alignment with overall revenue goals.

Responsibilities

  • Define yield strategy in partnership with Sales, Marketing, and Operations to maximize asset yield.
  • Analyze market data to understand the competitive position of our communities, and our strategic position in the market.
  • Implement and monitor pricing strategies, leveraging Scion’s proprietary Business Intelligence platform.
  • Effectively communicate performance updates to all stakeholders. Highlight opportunities and risks, and coordinate with partner departments to address.
  • Manage day-to-day revenue management activities including forecasting and pricing, strategy testing, reporting and analysis, and other relevant tasks.
  • Lead the annual revenue planning process for assigned communities.
  • Identify process improvements and best practices that can be scaled across the broader revenue management function.

The responsibilities listed above may not be all inclusive. 

Qualifications

  • Bachelor’s degree in Business, Economics, or other relevant fields of study
  • 2+ years of experience in revenue management, commercial strategy, or adjacent areas – preferably in student housing, multifamily, or hospitality.
  • Strong analytical and problem-solving skills.
  • Strong communication skills with the ability to clearly convey complex information to a variety of audiences.
  • Experience with revenue management software preferred.

 Your Benefits

  • Discretionary annual bonus
  • Paid Time Off
  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • 401k Matching
  • Paid Maternal Leave
  • Parental Leave
  • Learning reimbursement opportunities

The Scion Group LLC provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, religion, creed, national origin, color, gender, sex, sexual orientation, gender identity or expression, age, physical or mental disability (as long as the employee/applicant is otherwise qualified for the job with or without a reasonable accommodation), genetic information, HIV/AIDS status, marital status, uniformed service, veteran status, pregnancy or other legally protected status or category under federal or state law. The Scion Group LLC complies with applicable state and local laws governing nondiscrimination in employment in all locations in which the Company has properties. This policy applies to all terms and conditions of employment, including hiring, placement, promotion, termination, layoff, recall, transfers, leaves of absence, compensation, training and other terms and conditions of employment. The Scion Group LLC is committed to the principles of equal employment opportunities.

IND-B #wearehiring #werehiring 

The base salary range for this full-time position is base + bonus + benefits. Our salary ranges are determined by role, level, and location. The range displayed on each job posting reflects the minimum and maximum target for new hire salaries for the position across all US locations. Within the range, individual pay is determined by work location and additional factors, including job-related skills, experience, and relevant education or training. Your recruiter can share more about the specific salary range for your preferred location during the hiring process.

Illinois Pay Range
$100,000$105,000 USD

Skills Required

  • Bachelor's degree in Business, Economics, or related field
  • 2+ years of experience in revenue management, commercial strategy, or adjacent areas (preferably student housing, multifamily, or hospitality)
  • Strong analytical and problem-solving skills
  • Strong communication skills, able to convey complex information to varied audiences
  • Experience with revenue management software
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The Company
Chicago, IL
653 Employees
Year Founded: 1999

What We Do

Scion is the largest privately-held owner/operator of student housing communities in the United States. The company’s current portfolio includes 87 properties comprised of approximately 58,700 beds, mostly off-campus but also including management of two university-affiliated communities. Scion has focused exclusively on the student housing sector since its inception in 1999 as an advisor, owner and operator, and has invested in more than $6 billion of student housing projects

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