Senior Asset Manager

Job Responsibilities

• Manage direct and indirect reports by implementing the 7 Core Values established by Crawford Hoying.
• Oversee, train, and develop direct reports.
• Provide leadership to the team through all stages of employment, including recruitment and hiring, teambuilding, resolving personnel issues, and applying disciplinary procedures.
• Take responsibility for the quality of the work product presented by direct/indirect reports and external sources; review work for accuracy before submitting to others.
• Prepare annual reviews, set goals, and implement personal development plans for direct reports.
• Motivate team members to participate in classes and training.
• Aprove schedules, workloads, and paid time off.
• Proactively provide operational oversight of the company’s portfolio of hotel assets by regularly interacting with third-party hotel management teams and consultants, advising on hotel management, applying real estate strategy, and evaluating return on investment.
• Regularly visit the hotels to inspect the property conditions, to meet and collaborate with management, and to tour the market areas and competitive set of hotels.
• Develop and maintain advanced Excel financial models for existing investments in order to analyze past results, forecast future performance, and recommend actions for optimization.
• Identify, analyze, and collaborate with third-party hotel management teams on implementing opportunities for increased revenues and operational efficiencies.
• Prepare and present monthly, quarterly, and year-end summary reports for leadership, lenders, and investors.
• Oversee Analysts who help identify, build, and drive process improvements, including the creation of standard and ad-hoc reports, tools, and Excel dashboards.
• Collaborate with Accounting on annual budget preparation.
• Collaborate with Accounting to review monthly and annual financials.
• Manage liquidity at investment levels through cash management and collaboration with Accounting.
• Monitor compliance with all management, franchise, and other applicable agreements.
• Monitor and track legal obligations, including debt compliance and joint venture agreements.
• Coordinate the performance of market research, data mining, business intelligence, and valuation comps to keep informed of the dynamics of each market area to develop a strong understanding of the hotels and their respective markets.
• Respond to and collaborate with peers in a timely and supportive manner.
• Prepare for and lead meetings (create agendas, provide materials, create a collaborative discussion environment, assign and follow up on tasks).
• Effectively interact with in-house departments to ensure a consistent understanding of the performance of and any potential issues with the hotel portfolio.
• Keep informed of hospitality operational trends and how such trends may impact the company’s hotel portfolio.
• Build relationships with partners and others in the industry by getting involved with industry organizations.
• Work on special projects and perform other duties as assigned.

Performance Objectives

• Communication response time and professionalism.
• Leadership and accountability.
• Face-forward interaction and engagement with other departments.
• Willingness to take on projects and learn a variety of concepts, practices, and procedures.

Preferred Knowledge, Skills, Education, And Experience

• 7+ years of relevant experience in asset management, hotel operations, or equivalent experience.
• 2 years of experience leading and developing direct reports and/or a team.
• Ability to work in a team environment and interact with internal and external executive-level leadership.
• Strong analytical, organizational, problem-solving, and multitasking skills.
• Excellent written and verbal communication skills.
• Ability to meet deadlines in a fast-paced, quickly changing environment.
• Confidentiality and professionalism when working with sensitive information.
• Project management skills, including planning and coordinating tasks.
• Demonstrated proficiency with Microsoft Office products.
• Bachelor’s degree.