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Our client is an award winning and leading company in hospitality industry with global presences in service apartments and hotel residences

 

Your Challenges

  • Identifying key opportunity areas in each property and preparing an action plan for implementation with the property team
  • Monthly Review of Monthly Management Reports and Financial Statements, conducting monthly owner’s meetings with management teams in assigned properties
  • Monitoring of monthly and quarterly performance of assigned properties against last year, forecast and the competitive sets
  • Work on all aspects of Asset Enhancement Initiatives from ROI analysis, designer and consultants’ selection, submission for approval by the Board of Directors to management of the renovation works to be completed on time and within budget
  • Develop a strategy for each asset to optimize short term and long term cash flows
  • Review Annual Operating & CapEx Budgets and submit for approval, appointing Valuers and manage yearly valuation cycle
  • Prepare monthly and quarterly reports for the assigned properties covering asset performance, market outlook, major drivers of past and future performance as well as major CapEx
  • Preparation of quarterly board meeting presentations, liaise with auditors and other advisors on matters pertaining to all assets, including annual accounts, tax requirements
  • Annual Operating & CapEx Budgets and major decisions affecting assigned properties that require approval from management
  • Maintain a log of all relevant information for all assets, including property, financial (e.g. debt structure), management, legal etc

What It Takes

  • Degree in Business Administration / Hospitality / Commerce / Real Estate or related studies
  • At least 5 - 7 years of Asset Management experience
  • Preferred candidates with experience in Hotel Asset Management, Revenue Management in Hospitality - Hotels or Service Apartment industry
  • Ability to interpret Profit and Loss statement and identifying area of focus for improvements
  • Proficient in MS Office skills

Interested candidates please click the "Apply For This Job" Button. All information will be kept in the strictest confidential. Only shortlisted candidates will be notified.

Employment Agency No            : 11C5794