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Asset Manager

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.

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