THE OPPORTUNITY:ASSET MANAGEMENT AND INVESTMENTS ANALYST, REPORTS TO MANAGER, ASSET MANAGEMENT AND INVESTMENTS
THE ROLE:Reporting to the Manager, Asset Management and Investments, the Asset Management and Investments Analyst is primarily responsible for three functions: investments, asset management and reporting and analysis. The position is focused primarily on investments, with asset management and portfolio reporting comprising the balance of the role.
ACTIVITIES:RESPONSIBILITIES:Investments- Work with investment team to build and maintain underwriting models for acquisition opportunities, including operating projections, capital plan formulation, and return analysis
- Conduct macro and micro market research, identifying performance trends and implementing research into investment thesis
- Assist with evaluation and due diligence of new acquisition opportunities
- Coordinate due diligence across internal departments, brokers, lenders, and third-party consultants
- Prepare investment memorandums for Investment Committee and Board of Directors
- Evaluate hold/sell opportunities and prepare disposition analysis
- Build and maintain relationships with hotel brokers, investors, and the broader hotel community to support deal sourcing and market intelligence
Asset Management- Monitor hotel performance against budget, forecasts, prior years, and competitive sets
- Assist with preparation of the annual Strategic and Business Plan reporting package
- Maintain a thorough understanding of current market conditions and economic outlook to incorporate the best insights into the portfolio and Asset Management practice
- Prepare materials and attend monthly business reviews for assigned assets
Reporting and Analysis- Perform research and analyses including but not limited to; review of industry reporting, internal P&L statement analyses, variance analyses, trend analyses, benchmarking, contract analyses and key performance indicator (KPI) review
- Work with Asset Management, Finance, and Accounting on month-end, quarterly, and year-end portfolio reporting, including KPI operating performance, asset and portfolio dashboards, relative performance benchmarking, and Daily Operating Report
- Maintain the Asset Management teams financial models and analytical tools, ensuring data consistency across reporting and underwriting
- Identify opportunities to improve and expand regular reporting across the owned portfolios
Other Responsibilities:- Support SVP and other members of the Asset Management team with monitoring hotel performance on both a portfolio and individual asset basis
- Develop an expertise in the hotel and real estate sectors
Please Note: This Job Description is not neither definite nor restrictive and may be modified or added to in the future to meet changing needs.
COMPETENCIES WE ARE SEEKING:- Academic/Education Requirements:
- Bachelor's Degree in Business Administration, Finance, Real Estate, Hotel Management or related field is preferred
- Knowledge, Experience and Skills Requirements:
- Willingness to learn and grow through various experiences and people.
- Inquisitive and curious about the implications of decisions.
- Strong organizational skills and ability to complete tasks on time.
- Strong analytical, financial and accounting skills as would experience in related role is an asset.
- Commitment to diligence and integrity in outputs.
- Comprehensive knowledge of factors affecting the hospitality real estate market.
- Excellent analytical and financial modeling skills.
- Strong interest and aptitude to analyze hospitality real estate with intent to identify value-add opportunities, performance enhancements, and accretive characteristics.
- Strong understanding of financial metrics (IRR, ROI, Yield, IRR, NAV and others).
- Familiarity with hotel financial metrics (e.g., OCC, ADR, RevPAR, GOP, NOI, CPOR, CPC, etc.).
- Strong interpersonal skills and demonstrated ability to coordinate and influence others.
- Ability to work independently and as part of a team.
- Ability to communicate effectively and defend analysis.
- Results oriented capacity to adapt to changes in priorities and timelines.
- Methodical, resourceful and excellent attention to detail.
- Superior presentation and communication skills (verbal and written).
- Proficiency with Microsoft Office (primarily, Word, Excel and Power Point) is essential.
- Ability to speak and write French will be considered a definite asset.
Mental Effort required to perform the job:
- Frequent mental attentiveness and listening is required when dealing with Asset Management tasks.
- Frequent mental effort is required in multi-tasking, handling interruptions, and/or Employee/Manager queries, which require constant refocusing.
- Frequent mental effort is required in meeting stringent deadlines.
- Frequent levels of concentration required for accuracy when dealing with Asset Management tasks and initiatives.
Physical Effort required to perform the job:
- Continuously requires manual dexterity speed and hand/eye coordination for work at a computer.
- Periodic lifting of computer hardware and administrative materials such as laptops, physical files, binders, etc.
Responsibility for Resources:
- Responsible for work area.
- Responsible for confidential Asset Management and Finance documents, equipment, and protocols
- related to the company.
Working Conditions
- Continuously working at a workstation assigned by the Manager.
- Continuously working in a climate-controlled office.
- Frequently travels to properties, as required.
- Frequent meetings (in-person, virtual) to discuss various Asset Management subject matter.
- Temporary hybrid working arrangement, subject to change.
- Regular working hours, as required.
- Flexible working hours, as required.
Benefits:
- Vision Care
- Dental Care
- Company pension
- Vacation & paid time off
- Employee Assistance Programs
- Extended Health Care
- Life Insurance
- Bonus scheme
- Company events & social hours
- Education reimbursement
- The salary range for this role is $75,000 - $90,000
Job Types: Full-time, Permanent
