CubeSmart (NYSE: CUBE) is seeking to hire a Pricing Analyst at its Malvern, PA headquarters. The teammate will report to the Manager of Pricing and Revenue Management and will be a member of the pricing team, responsible for setting and updating prices for storage units at CubeSmart’s over 800 self-storage locations across the country.
CubeSmart is a leader in the development and deployment of innovative pricing and analytical techniques both within the self-storage industry and more broadly. CubeSmart constantly monitors and dynamically updates available storage unit rates, and the analyst will use output from these systems to evaluate and manage these rates. The successful candidate will be a strong communicator, a strategic thinker, have a strong analytical mindset.
About CubeSmart: CubeSmart is a publicly traded real estate investment trust (REIT) focused on the development, acquisition, disposition, and management of self-storage facilities. CubeSmart is headquartered in Malvern, PA, a suburb of Philadelphia, and is one of the largest self-storage owners and operators in the United States, with over 800 locations nationwide and over 2,000 teammates in our stores and headquarters.
Self-storage is inherently an attractive business, characterized by a stable demand profile and attractive cash flow characteristics. Historically, self-storage has been the single best performing institutional real estate property type. The industry is widely fragmented, creating significant long-term growth opportunities for large operators, such as CubeSmart, that have significant scale and sophistication advantages over smaller operators, as well as broad access to capital to support continued industry consolidation.
Over the past five years, CubeSmart has grown significantly, acquiring approximately $1.5 billion in assets. In 2014, the Company produced more than $375 million in revenue, while generating a 19% increase in FFO (funds from operations) per share.
CubeSmart is dedicated to serving our Customers through a culture of open communication and collaboration. We are excited to have you join our team and grow with us!
•Review and determine pricing for stores across the country; interface with the Company’s proprietary pricing model to evaluate output and override pricing system recommendations where warranted.
•Propose and evaluate the changes to the company’s promotions and discounts.
•Interact daily with District Managers across the nation, evaluating local market business trends and recommend changes to pricing strategy in reaction to those business trends.
•Create, maintain, and improve internal reports on operational trends and pricing and promotion efficacy.
•Contribute to additional revenue-related activities, such as periodic evaluation of current customer rates.
•Bachelor’s degree, preferably with a concentration in Accounting, Business, Engineering or other quantitative discipline.
•0-2 years of pricing or accounting experience is a plus, but is not necessary; extensive training will be provided
•Strong written and verbal communication skills
•Proficiency with Excel; experience using advanced functions such as formulas, shortcut keys, and formatting/charting features a plus.
•Experience with SQL a plus, but not required.
•Independent thinker with the ability to learn new topics quickly through self-initiated research; ability to think creatively and challenge the status quo.
•Ability to work effectively in both individual and group settings.
CubeSmart is an Equal Opportunity Employer; M/F/D/V
Background & Drug Screen Required