Apply now »

Executive, Asset Management

Country:  Thailand
State:  Bangkok
Job Function:  Investment & Asset Management
Job Posting Date:  3 Oct 2024

ABOUT FRASERS PROPERTY LIMITED
Frasers Property Limited (“Frasers Property” and together with its subsidiaries, the “Frasers Property Group” or the “Group”), is a multinational investor-developer-manager of real estate products and services across the property value chain. The Group is listed on the Main Board of the Singapore Exchange Securities Trading Limited (“SGX-ST”) and headquartered in Singapore.

Frasers Property's multinational businesses operate across five asset classes, namely, residential, retail, commercial & business parks, industrial & logistics as well as hospitality. The Group has businesses in Southeast Asia, Australia, Europe and China, and its well-established hospitality business owns and/or operates serviced apartments and hotels in over 20 countries and more than 70 cities across Asia, Australia, Europe, the Middle East and Africa.

Frasers Property is also the sponsor of two real estate investment trusts (“REITs”) and one stapled trust listed on the SGX-ST. Frasers Centrepoint Trust and Frasers Logistics & Commercial Trust are focused on retail, and industrial & commercial properties, respectively. Frasers Hospitality Trust (comprising Frasers Hospitality Real Estate Investment Trust and Frasers Hospitality Business Trust) is a stapled trust focused on hospitality properties. In addition, the Group has two REITs listed on the Stock Exchange of Thailand. Frasers Property (Thailand) Public Company Limited is the sponsor of Frasers Property Thailand Industrial Freehold & Leasehold REIT, which is focused on industrial & logistics properties in Thailand, and Golden Ventures Leasehold Real Estate Investment Trust, which is focused on commercial properties.

The Group is committed to inspiring experiences and creating places for good for its stakeholders. By acting progressively, producing and consuming responsibly, and focusing on its people, Frasers Property aspires to raise sustainability ideals across its value chain, and build a more resilient business. It is committed to be a net-zero carbon corporation by 2050. Building on its heritage as well as leveraging its knowledge and capabilities, the Group aims to create lasting shared value for its people, the businesses and communities it serves. Frasers Property believes in the diversity of its people and is invested in promoting a progressive, collaborative and respectful culture.

For more information on Frasers Property, please visit frasersproperty.com or follow us on LinkedIn.

Job Summary

Job Description

  • Assist in the management of assigned assets, focusing on financial and operational performance to meet company objectives.
  • Analyze asset performance metrics, including financial statements, operational data, and market trends, to identify opportunities for improvement.
  • Collaborate with internal teams, hotel management, and external consultants to ensure alignment of objectives and strategies.
  • Support the development of financial models, forecasts, and budgets to assess the impact of business decisions and monitor asset performance.
  • Assist in the development and execution of asset management strategies to optimize returns and achieve business goals.
  • Ensure assets comply with regulatory requirements and prepare regular reports and presentations for management and stakeholders.
  • Conduct competitor benchmarking and market analysis to support strategic decisions and identify potential risks and opportunities.
  • Manage documentation related to asset performance, contracts, and other relevant records to maintain organized and up-to-date information.

Key Qualification

- A bachelor's degree in hospitality, business administration, finance, or a related field is typically required. Advanced qualifications like an MBA, while beneficial, are not mandatory at this level.

- 5 years of relevant experience in hotel operations, asset management, or similar roles. Hands-on exposure to hotel performance management and financial oversight within the hospitality industry is highly valued.

- A strong understanding of financial analysis, budgeting, and revenue management is essential. Executives are expected to assist with reviewing financial statements, identifying trends, and supporting the development of strategic asset management plans.

- Proficiency in using data and benchmarking tools to analyze hotel performance and market trends is necessary. Executives will interpret data to identify areas for performance improvement and support decision-making.

- Competence in Microsoft Office, particularly Excel, PowerPoint, and Word, is important for managing reports, financial analysis, and presentations. Familiarity with asset management systems can be an advantage.

- Strong verbal and written communication skills are crucial for interacting with hotel management, owners, and other stakeholders. Executives must effectively present data and recommendations.

- Collaboration with cross-functional teams, along with the ability to adapt in fast-paced environments, is essential. Problem-solving skills and a proactive approach to managing tasks are highly valued.

Diversity brings us closer to the communities we serve.

Guided by our Purpose, we are creating, inspiring, and nurturing an inclusive culture that unlocks the power of diverse teams to drive Frasers Property forward. Our values drive everything we do, which are core to creating safe places where everyone belongs, is mutually respected and feels empowered to be authentic at work. Working collaboratively makes us progressively stronger and better as an organisation, which helps our people to thrive each day.

Apply now »