Overview:
This is a great opportunity for a recent college graduate or for a hotel operations manager seeking a transition to an analytical asset management role. This position provides exposure to high-level meetings, projects and activities. Responsibilities include gathering financial and statistical information, compiling in-depth reports outlining sales and operational performance, financial statement analysis, development of spreadsheets, preparation of monthly partnership reports, conduct market research, processing of day-to-day transactions with lenders and partners, and assistance with the preparation of various capital projects and fixed asset replacements. Some administrative responsibilities are included.
Qualifications:
**Prior experience in the Hotel industry preferred**
In addition, candidates must have a bachelor’s degree or equivalent, preferably in Finance, Accounting or Hospitality Management, with experience in financial statement analysis. Strong computer skills, including excel, word, and power point are an absolute must. Other software knowledge and general computer literacy is important. Excellent communication skills, both written and verbal, are essential.
The ideal candidate will be able to work independently, and work effectively with both peers and senior executives in a team –orientated environment or on an individual basis. Be extremely detail-oriented, high level of analytical and problem solving skills and possess excellent organizational skills with ability to multi-task and efficiently manage time and workload.
Responsibilities:
Property Operations/Asset Management:
- Daily preparation of all active daily hotel reports
- Weekly preparation of Pace reports, including weekly forecasting
- Monthly preparation of financial and sales reports
- Monthly review of Hotel P&L
- Monthly preparation of Tishman Asset Management Report
- Monthly preparation of Partnership Distribution and Reporting
- Monthly preparation of collateral account funding and transfers
- Attend monthly Operations and Partnership meetings; prepare minutes
- Regular inspection of the Hotel and corresponding notes
- Monthly revenue and cash-flow forecasting
- Assist with annual preparation of Partnership PIP
- Assist with annual THR Budget
- Annual preparation of Operator Budget
- Conduct and report regularly on internet shops of competitive hotels
- Asset management related research and/or analyses
Additional Skills and Requirements:
- 1-3+ years of business finance or other relevant experience
- Proficiency with Microsoft Excel, Power Point, and Word
- High proficiency with financial modeling and techniques
- Strong fluency with Excel
- BA, BS, or B.Com degree required (Bachelor’s Degree in Accounting/Finance/Economics/Hospitality)
- Strong analytical and data gathering skills