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Asset Manager

Winter Park, FL

Employment Type: Direct Hire Industry: Accounting Job Number: 18784

Job Description

Do you thrive in an entrepreneurial environment?

*Our hospitality partner is seeking a highly-motivated Asset Manager.*

In the office (plus regular travel!)

$160k-$200k +20% bonus opportunity

Medical/Dental/Vision benefits
LTD/STD and Life Insurance

You are:
  • Bachelor’s degree or higher
  • At least 5-10 years’ experience in hospitality, real estate finance, investment banking, private equity, or other related fields.
  • Asset management specific experience.
  • Development and/or real estate cash flow modeling experience
  • Strong understanding of lodging Profit and Loss statements, Balance Sheets, and USALI
  • Experience with revenue management, use of STR reports, and other industry systems and resources are highly preferred
  • Ability to reconcile perspectives and priorities of ownership, on-site property operations, above-property management, and brand initiatives through effective influencing of all key stakeholders
  • Strong relationship management skills

We are:
Our partner specializes in the complete development, sales, marketing and operations of luxury residence clubs, vacation homes and boutique hotels and resorts in the most sought-after destinations in the world. Their resort developments and operations have consistently been selected by Travel and Leisure and Condé Nast as some of the world's best.

What you will do?
The Asset Manager will be responsible for the oversight of a portfolio of geographically diverse private residence clubs and boutique hotel assets within the Company portfolio.

Essential Job Functions:
  • Analysis and review of portfolio performance including recommendations and critiques for property management teams on all aspects of operations, financial efficiencies, sales and marketing, business plans, capital investments, etc.
  • Participate in periodic revenue management strategy meetings as held by each property
  • Meet with property teams to review monthly operating performance, annual business plans and longer term strategic plans
  • Participate in periodic board meetings for each property
  • Proactively identify and resolve ownership issues to maintain the integrity of the assets
  • Interact with management partners to effectively identify asset performance issues and collectively determine successful action plans
  • Evaluate property leadership effectiveness and provide timely, actionable feedback designed to support the GMs in the execution of their responsibilities
  • Track and identify opportunities to improve guest satisfaction experiences and online reputation Identify and implement value enhancement opportunities at assigned properties and overall portfolio
  • Keep current on markets affecting the hospitality industry and specifically the markets in which the assets are situated, including supply and demand changes and trends
  • Research competitive properties and real estate markets and providing asset performance analysis based on market conditions
  • Monitor capital improvement plans and any potential revenue displacement
  • Review, negotiate, and support the execution of legal contracts, agreements, easements, etc.
  • Formulate and make recommendations to the Executive Committee and property management for short and long-term strategic plans for the assets
  • Analyze and track of return on investment for the assets as well as profit improving projects, either implemented or proposed

What Technologies You will be Working With:
•     Proficiency with Microsoft Office applications, including complex financial modeling through Excel, the preparation of Asset Management reports, action plans, commentary, and presentations using PowerPoint and Microsoft Word

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