Director, Asset Management
Job Summary
As Director, Asset Management, you will be a key member of the Asset Management team responsible for the strategic planning and tactical execution of a global portfolio of hospitality real estate assets. Acting as a capital steward, you will drive asset performance through business planning, operational oversight, capital investment initiatives, and value optimization strategies. This role requires strong cross-functional collaboration and stakeholder engagement.
Job Description
Asset Strategy & Planning
- Develop and implement tailored strategies for assigned assets to optimize profitability, cash flow, and long-term value.
- Collaborate with property teams and regional leads to identify opportunities and formulate action plans for performance improvement.
Operational Oversight
- Conduct monthly owner’s meetings with property teams to review performance, address challenges, and align on strategic priorities.
- Review and analyze monthly management reports and financial statements to ensure alignment with business plans.
Capital Projects & AEIs
- Identify and evaluate Asset Enhancement Initiatives (AEIs), including ROI analysis, consultant selection, and project oversight.
- Manage the end-to-end AEI process, ensuring timely delivery within approved budgets and scope.
Budgeting & Forecasting
- Review and analyze annual operating and capital expenditure budgets for assigned assets.
- Prepare and submit approval papers for major AEIs, budgets, and key asset decisions.
Valuation & Reporting
- Lead the annual valuation process for assigned assets, including managing RFPs and coordinating with external valuers.
- Prepare monthly and quarterly asset performance reports, including market outlooks, key performance drivers, and capital project updates.
Stakeholder Engagement
- Liaise with auditors, consultants, and other external advisors on asset-related matters.
- Ensure compliance with internal governance and reporting requirements.
Special Projects
Support or lead ad hoc strategic initiatives and projects as required by senior management.
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Key Qualification
- Bachelor’s degree in Real Estate, Finance, Business, or a related field
- Minimum 10–12 years of experience in asset management, real estate investment, or hospitality operations.
- Strong financial acumen with experience in budgeting, forecasting, valuations, and ROI analysis.
- Proven ability to manage complex assets across multiple geographies.
- Excellent communication, analytical, and stakeholder management skills.
- Strategic and analytical thinking
- Possess strong organizational and project management skills
- Strong commercial and financial insight
- Results-oriented with a focus on execution and possesses a track record of meeting deadlines and delivering on goals
- Effective collaborator across functions and geographies
- High attention to detail and accountability