We are recruiting for a leading real estate name listed on the mainboard of Stock Exchange of Singapore. They are a well-established hospitality business which owns and/or operates serviced apartments and hotels in over 60 cities and 18 countries across Asia, Australia, Europe, the Middle East and Africa.
Reporting to the VP, Asset Management, you will primarily be involved in asset planning, annual budget and business plan reviews, Asset Enhancement Initiatives (AEIs) and valuations.
Job Description
- Working with individual property teams and respective Team leads to develop strategies for each asset assigned to optimize profitability and cash flows.
- Carry out monthly owner’s meetings with the property teams in assigned assets.
- Identifying key opportunities for each asset and preparing an action plan for implementation with the property team.
- Reviewing monthly management reports and financial statements.
- Identifying potential AEIs and working on ROI analyses, designer and consultants selection, submission for relevant internal approvals to management of the works to be completed on-time and within budget.
- Reviewing and analyse Annual Operating & CapEx Budgets and submission for relevant approvals.
- Carry out annual valuation exercise for portfolio, including but not limiting to conducting RFP and managing the valuation process.
- Preparing monthly and quarterly reports for the assigned properties covering asset performance, market outlook, major drivers of past and future performance as well as major CapEx.
- Liaise with auditors and other external professional advisors on matters pertaining to the assets.
- Preparing papers to obtain approvals for all major AEIs, Annual Operating & CapEx Budgets and major decisions affecting assigned assets.
- Assist or lead in any other projects as required from time to time
Key Qualification
- A good degree in Real Estate, Hospitality or Finance, additional qualifications like an MBA or CFA will be favorably considered.
- 6 years of experience in an Asset Management / Hospitality role.
- Excellent written and oral communications.
- Structured, methodical and with experience delivering concise, professional and relevant papers.
- Experience conducting feasibility studies and ROCE analyses.
All applications will be treated in the strictest confidence. Personal data provided will be used for recruitment purposes only.
Please apply with your CV in word document format. We regret to inform that only shortlisted candidates will be notified. For other positions related to real estate, please go to https://careers.tri-cap.com.sg/.
EA Licence: 17C8777
EA Personnel: R1109270
