Description
KO Storage has identified the need for a best-in-class Revenue Management department to support our continued growth and ensure that KO’s pricing strategy objectives are met. As a Revenue Analyst, you will help drive analysis and tactical execution within KO’s revenue management operations. The Revenue Analyst is responsible for assisting/cross-collaborating with other Departments like Operations, Accounting/Finance, and IT. This position requires someone who is comfortable being uncomfortable, working within a fast-paced environment and is relentless in their pursuit to learn and grow their professional and technical skills and knowledge.
Hours: Monday through Friday
Location: KO Headquarters
Compensation: $50K - $70K Salary, depending on experience
Benefits: We have a suite of competitive benefits including Health, dental, vision, STD/LTD, Life Insurance, and 401K with employer match. Being part of our team also means:
- Paid Holidays
- PTO
- Referral Bonus
- Company-wide incentives/perks
A Day in the Life
- Daily revenue management oversight of a $300MM self-storage facility portfolio, ensuring competitive pricing and optimal occupancy for revenue maximization.
- Perform analysis, and interpretation of trends or patterns to improve operational performance at a facility level and within the competitive market.
- Monitor key performance metrics such as occupancy rates, revenue per available unit, and revenue growth to track the effectiveness of pricing strategies and adjust as necessary.
- Collaborate with cross-functional teams to develop revenue forecasts and budgets based on market conditions, demand projections, and pricing strategies.
- Conduct pricing experiments and simulations to optimize rental rates and maximize revenue while maintaining competitive positioning in the market.
- Generate regular reports and presentations to communicate performance insights, trends, and recommendations to senior management and stakeholders.
- Continuously evaluate and refine revenue management processes and procedures to streamline operations and improve efficiency.
- Conduct ad hoc analysis and special projects as assigned by management to support strategic decision-making and business initiatives.
Required Skills/Abilities:
- Bachelor's degree required in Business Administration, Finance, Economics, or related field.
- 1-2 years of experience as a similar role Analyst preferred.
- Strategic thinker with strong analytical and problem-solving skills and a strong understanding of marketing and economic concepts related to driving traffic and revenue.
- Excellent communication and presentation skills with the ability to convey technical information to non-technical audiences.
- Ability to effectively communicate across both verbal and written platforms.
- Detail-oriented, with a high level of accuracy and precision in data analysis.
- Ability to meet deadlines while working in an ambiguous environment on multiple projects concurrently.
- Proficient in Excel, Microsoft Office
Physical Requirements
- Prolonged periods sitting at a desk and working on a computer.
- Must be able to commute to our corporate office in Minnetonka, MN