Assistant Manager, Asset Management

Singapore

Location

Singapore

Salary

.

Job Type

Permanent

Reference

72028

Job Summary

Job Summary
 
The successful candidate will be part of the Asset Management team for a global portfolio of hospitality real estate. He/She will act as a capital steward and be responsible for the strategic planning and tactical operations of the assets in the portfolio, including primarily - 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 or Hospitality, additional qualifications like an MBA or CFA will be favorably considered.
  • 4 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.
  • Strong team player skills
  • Highly analytical with an eye for detail.
  • Excellent MS Office skills. Experience conducting feasibility studies and ROCE analyses
Stephy Chua

Singapore

Stephy Chua

Director

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