Specialist - Asset Management (Elite)

Division:  Finance and Investments
Department:  Asset Management
Company:  Red Sea Global

Job Purpose

Financial analysis and market research support to the asset management team. Responsibilities will include preparing financial models, presentations, and reports to evaluate and communicate property performance and new investment opportunities in coordination with the asset managers. The role will also be responsible for the organization’s business intelligence system and utilizing the system to automate reporting and provide comprehensive analysis while validating its accuracy and maintaining its architecture. Other duties will include unique portfolio projects and analyses of new programs contemplated by the various management companies. The individual will be part of the larger TRSDC Asset Management team and will be responsible for creating value for the entire portfolio.

Job Responsibilities - Functional

  • Key support to entire Asset Management Team
  • Provide oversight of business intelligence system and management of the data platform
  • Explore potential of business intelligence system and develop more robust reporting to include other data sources
  • Reporting monthly, quarterly, and annual portfolio performance to key internal leadership and external investors
  • Assist in preparing portfolio performance reviews and annual budget presentations
  • Perform reviews on assets in the TRSDC portfolio. This may include an evaluation/benchmarking of an operating department, supply and demand analysis, repositioning strategies, marketing deployment or other special projects as required
  • Provide assistance in the preparation and evaluation of ROI and capital project approval requests
  • Audit approved ROI projects after completion to quantify success rate
  • Assist with periodic operational reports to satisfy lender requirements

 

Job Responsibilities - Functional

  • Assist in the development and maintenance of strategic plans for all hotels in the portfolio• Assist in the reporting function to senior management
  • Assist in the review of capital and operational budgets. Provide summary reports for the Asset Management team.
  • Ensure timely, useful, and accurate reports consistent with senior management requirements
  • Assess, develop, and implement value enhancement opportunities for the assigned portfolio
  • Model complex cash flows, waterfalls and partnership structures to report asset performance
  • Ensure timely, useful, and accurate reports consistent with senior management and external requirements

Job Responsibilities - Organizational

Policies, Systems, Processes, Procedures, Standards and Reports

  • Follow all relevant functional policies, processes, standard operating procedures, and instructions to ensure that work is carried out in a controlled and consistent manner.

 

Safety, Quality & Environment

  • Apply safety, quality and environmental management policies, procedures, and controls to ensure employee safety, legislative compliance, delivery of high-quality products/service and a responsible environmental attitude.

 

Continuous Improvement

  • Contribute to the identification of opportunities for continuous improvement of the Buildings & Places function’s systems, processes and practices considering international best practice, business process improvement, cost reduction and productivity improvement.

Job Requirements - Qualification & Experience

  • Bachelor’s degree in Business Administration, Real Estate, Hospitality, Finance or Related Field

Job Competencies - Core

  • Effective Communication
  • Teamwork and Collaboration
  • Adaptability & Learning Agility
  • Sustainability
  • Business and Organizational Awareness