Candidates

Asset Manager

San Diego, CA

A luxury resort owner is looking for an asset manager to focus on reporting and communicating recommendations regarding revenue generation, cost savings opportunities and return on investments.

Responsibilites

• Track, analyze and report on the performance of all revenue generating activities, providing recommendations and/or proposing new initiatives and development opportunities in support of the company’s goals.

• Track, analyze and report on the efficiency of all spending, providing recommendations and/or proposing new initiatives and development opportunities in support of the company’s goals.

• Evaluate acquisition opportunities, focusing on subject financial performance, competitor performance, opportunities for subject property improvement and location specific market data. 

• Create forward looking pro forma models incorporating risk analysis and sensitivity.

• Produce a detailed monthly asset management report, covering all financial aspects of each property’s performance. 

• Propose and assist with the implementation of plans to improve results.

• Improve and automate daily, weekly and monthly financial reports. Create meaningful KPI dashboards for senior executives.

• Assess property labor productivity and labor management standards. Collaborate with operational managers to enhance results.

• Analyze trends in Leisure and Group booking pace and related statistics. Verify that sales goals are right sized based on market demand.

• Identify hotel trends with respect to competitors, staying current on market trends, promotions, rates, programming and overall benchmarking.

• Evaluate property forecasts, occupancy and rate trends by utilizing internal data, STR information and other available reports.

• Work with Accounting to improve monthly and annual forecast accuracy.

• Develop a long-term capital plan for each property, focusing on the adequacy of capital reserves to cover annual capital needs and renovations.

• Create return on investment analyses for capital improvements, renovations and ad hoc projects.

• Evaluate cost of sales (both food & beverage), vendor pricing and outlet and banquet menu pricing.

• General financial analysis supporting executives as needed.

• Analyze corporate and property contracts, leveling and comparing bids.

Requirements

• Bachelor’s degree in Finance, Accounting or related field and at least five years of relevant experience required. MBA a plus. 

• Proficiency in both oral and written communication. Must be computer literate.

• Prior hotel/resort experience required.

• Detail oriented. 

• Organized and efficient. 

• Ability to work under pressure. 

• Highly proficient in Microsoft Excel and Word. 

• Ability to learn quickly and understands complex financial analysis and modeling. 

• Strong verbal communications skills.

• Courteous, friendly, and professional manner. 

• Good team player. 

• Able to work productively with little supervision. 

• Trustworthy and reliable.