Revenue Manager

Independence-Realty-Trust-2; Tampa (FL); Hybrid; USD 90,000 - 120,000; Full time

Benefits offered by this job

Competitive compensation package

Bonus opportunities

Stock awards

Paid holidays and PTO

BCBS PPO health insurance

401k with 4% match

Job summary

Independence Realty Trust, Inc (IRT) is seeking a Revenue Manager to lead pricing strategy and portfolio performance for 7,000–10,000 units in the Tampa area. The role requires collaboration across Operations, Asset Management, and Marketing to optimize rent growth, occupancy, and leasing velocity.

The position supports a hybrid schedule (3 days in office) and relocation flexibility for Tampa, FL residents, with travel up to 25%.

Qualifications

• Bachelor’s degree in business, Finance, Real Estate, Economics, or related field preferred.
• 3+ years of experience in hospitality or multifamily management, pricing strategy, or asset performance analysis.
• Experience with revenue management platforms such as REBA Rent, LRO, AI Revenue Management, preferred.
• Strong financial, analytical, and data interpretation skills; proficiency with analytical tools (e.g. Excel pivot tables, database queries).
• Travel - Up to 25% of travel may be required.

Responsibilities

• Lead the revenue strategy for assigned portfolio ranging from 7,000 units to 10,000 units optimizing performance across rent growth, occupancy, leasing velocity, and effective rent.
• Evaluate property performance against budget, forecast, and market benchmarks and partner with leadership to suggest corrective strategies to address performance gaps.
• Adjust new lease and renewal parameters, amenity values, lease terms, and pricing strategies to reflect market conditions.
• Review and approve pricing recommendations generated by revenue management models.
• Effectively communicates revenue management principles to market managers to create buy in.
• Own concession strategy across assigned communities, including structure, duration, and market positioning.
• Evaluate the impact of concessions on leasing velocity, occupancy, and effective rent performance.
• Identify when concessions should be introduced, adjusted, or eliminated based on demand signals and competitive positioning.
• Monitor market trends, supply and demand dynamics, and competitor performance.
• Conduct submarket analysis and competitive positioning assessments to inform pricing strategy.
• Develop internal and external benchmarking to evaluate portfolio performance.
• Provide strategic recommendations to leadership based on market insights.
• Analyze key performance metrics including occupancy, leasing velocity, renewal retention, rent growth, days vacant, and concession exposure.
• Perform operational data analysis to identify revenue risks and opportunities.
• Develop and deliver scheduled reporting and ad hoc queries/analysis that provides visibility into portfolio revenue performance and trends.
• Translate complex data into actionable strategies for operations and leadership teams.
• Partner closely with Operations, Asset Management, and Marketing to align revenue strategies with portfolio objectives.
• Communicate pricing strategies, revenue insights, and recommended actions to Vice Presidents, Asset Managers, Regional Managers, and Property Managers.
• Facilitate revenue strategy discussions and performance reviews with operational leadership.
• Oversee the effective use of revenue management systems and pricing models.
• Ensure systems are calibrated to reflect market conditions and portfolio strategy.
• Apply strategic judgment to validate or override system-generated pricing recommendations when appropriate.
• Identify opportunities to improve pricing strategy, concession management, and revenue processes.
• Develop new tools, workflows, and analytics that enhance revenue decision-making and portfolio performance.
• Drive adoption of revenue management best practices across the organization.
• Tolerance for ambiguity of early change management situation

Skills

Financial analysis

Data interpretation

Analytical tools

Excel & SQL

Education

Bachelor’s degree

Tools

REBA Rent

LRO

AI Revenue Management

Job description

Job Details: Job Location: Tampa FL Corporate - Tampa, FL, Position Type: Full Time, Education Level: 4 Year Degree, Salary Range: Undisclosed, Travel Percentage: Up to 25%, We're currently seeking a Revenue Manager located in or near Tampa, FL.

Must accommodate a Hybrid work schedule (3 days in office) and reside in or near Tampa, FL or be willing to relocate.

Independence Realty Trust, Inc (NYSE: IRT) is a real estate investment trust that owns and operates multi-family apartments. We currently manage over 36,000 apartment homes, 120+ communities, in over 30 markets and 14 of the country’s most desirable states. IRT has a strong commitment to hiring the most talented industry professionals, which has resulted in record growth, making the Company one of the most respected and trusted within our industry.

Key Responsibilities

Revenue Strategy & Portfolio Performance

• Lead the revenue strategy for assigned portfolio ranging from 7,000 units to 10,000 units optimizing performance across rent growth, occupancy, leasing velocity, and effective rent.
• Evaluate property performance against budget, forecast, and market benchmarks and partner with leadership to suggest corrective strategies to address performance gaps.
• Adjust new lease and renewal parameters, amenity values, lease terms, and pricing strategies to reflect market conditions.
• Review and approve pricing recommendations generated by revenue management models.
• Effectively communicates revenue management principles to market managers to create buy in

Concessions & Demand Management

• Own concession strategy across assigned communities, including structure, duration, and market positioning.
• Evaluate the impact of concessions on leasing velocity, occupancy, and effective rent performance.
• Identify when concessions should be introduced, adjusted, or eliminated based on demand signals and competitive positioning.

Market Intelligence & Competitive Strategy

• Monitor market trends, supply and demand dynamics, and competitor performance.
• Conduct submarket analysis and competitive positioning assessments to inform pricing strategy.
• Develop internal and external benchmarking to evaluate portfolio performance.
• Provide strategic recommendations to leadership based on market insights.

Revenue Analytics & Performance Insights

• Analyze key performance metrics including occupancy, leasing velocity, renewal retention, rent growth, days vacant, and concession exposure.
• Perform operational data analysis to identify revenue risks and opportunities.
• Develop and deliver scheduled reporting and ad hoc queries/analysis that provides visibility into portfolio revenue performance and trends.
• Translate complex data into actionable strategies for operations and leadership teams.

Cross-Functional Leadership

• Partner closely with Operations, Asset Management, and Marketing to align revenue strategies with portfolio objectives.
• Communicate pricing strategies, revenue insights, and recommended actions to Vice Presidents, Asset Managers, Regional Managers, and Property Managers.
• Facilitate revenue strategy discussions and performance reviews with operational leadership.

Systems & Revenue Management Tools

• Oversee the effective use of revenue management systems and pricing models.
• Ensure systems are calibrated to reflect market conditions and portfolio strategy.
• Apply strategic judgment to validate or override system-generated pricing recommendations when appropriate.

Process Innovation & Best Practices

• Identify opportunities to improve pricing strategy, concession management, and revenue processes.
• Develop new tools, workflows, and analytics that enhance revenue decision-making and portfolio performance.
• Drive adoption of revenue management best practices across the organization.
• Tolerance for ambiguity of early change management situation

• Bachelor’s degree in business, Finance, Real Estate, Economics, or related field preferred.
• 3+ years of experience in hospitality or multifamily management, pricing strategy, or asset performance analysis.
• Experience with revenue management platforms such as REBA Rent, LRO, AI Revenue Management, preferred.
• Strong financial, analytical, and data interpretation skills and proficiency with analytical tools (e.g. Excel pivot tables, database queries, etc.)
• Ability to translate market insights into strategic revenue actions.
• Experience collaborating with Operations, Asset Management, and Marketing teams.
• Travel - Up to 25% of travel may be required

We Offer:

• Competitive Compensation Package
• Bonus Opportunities
• Stock Awards
• Paid Holidays and Paid Time Off
• BCBS PPO Health Insurance
• 401k with 4% match

Independence Realty Trust is an Equal Opportunity Employer and committed to building a diverse and inclusive culture. We consider applicants for all positions without regard to race, color, religion, sex, national origin, age, sexual orientation, familial, marital or veteran status, disability, or any other legally protected classes.