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Asset Manager
Raines Company
Manage hotel assets to maximize value, oversee finances, ops, and capital projects
10d ago
Intermediate (4-7 years), Experienced (8-12 years), Expert & Leadership (13+ years)
Full Time
Carrollton, TX
Office Full-Time
Company Size
150 Employees
Service Specialisms
Construction services
Project Management
Design
Consulting
Engineering
Property Development
Sector Specialisms
Aviation
Aerospace
Defense
Government Services
Education / K-12
Tertiary Education
Childcare
Regulatory & Compliance
Role
What you would be doing
reporting
budgeting
capex management
due diligence
financial analysis
site visits
- Prepare presentations and reports for internal stakeholders, investors, and ownership groups.
- Review and approve annual business plans, operating budgets, and capital expenditure budgets submitted by hotel management.
- Evaluate operator performance and compliance with management agreements; recommend changes when appropriate.
- Oversee capital expenditure planning, budgeting, and project execution in collaboration with property teams and corporate stakeholders.
- Assist in underwriting and due diligence for acquisitions, dispositions, and refinancing efforts.
- Identify opportunities to increase asset value through revenue enhancement, cost control, capital investment, and operational efficiency.
- Monitor market trends, STR reports, and competitive positioning to inform strategic decision-making.
- Conduct regular financial performance reviews including P&L analysis, benchmarking, and forecasting.
- Serve as the owner’s representative for a portfolio of managed or franchised hotels.
- Conduct site visits and maintain strong working relationships with General Managers and property leadership teams.
What you bring
advanced excel
bi tools
financial modeling
mba preferred
microsoft 365
5+ years
- Must possess a valid driver's license and reliable transportation
- Experience working with branded and independent hotel operators.
- Advanced Excel skills and familiarity with BI tools or asset management software.
- Ability to effectively multi-task
- Familiarity with property improvement plans (PIPs), management contracts, and franchise agreements.
- Strong analytical skills with proficiency in financial modeling and performance analysis.
- Mathematical skills include basic math, budgeting, profit/loss concepts, percentages and variances. Problem solving, reasoning, motivating, organizational and training abilities are often used
- Bachelor’s degree in Finance, Hospitality Management, Real Estate, or related field; MBA or Master’s degree preferred.
- Working knowledge of hotel operating statements, STR, P&L statements, and capex planning.
- Must have excellent written and oral communication skills
- Must speak English fluently
- 5+ years of experience in hotel asset management, hotel operations, or hospitality investment.
- Proficient in Microsoft 365, BI tools and similar applications
Information not given or found
Training + DevelopmentInformation not given or found
Interview process
Information not given or found
Visa SponsorshipInformation not given or found
Security clearance- pre-employment background check required.
Company
Overview
Founded in 2000
Year Established
The company was established in the year 2000, marking the beginning of its journey in delivering high-quality construction projects.
- built a reputation for delivering high-quality construction projects.
- specializes in a broad range of sectors, including commercial, residential, industrial, and infrastructure.
- notable for its expertise in managing complex, large-scale developments with precision and efficiency.
- delivered successful projects across various industries, with a focus on long-term client relationships.
- commits to excellence, ensuring projects are completed on time and within budget.
- diverse portfolio spans urban developments, utility infrastructure, and major residential communities.
- Client-first approach
- Deliver results with integrity
- Collaborate and innovate together
- Drive impact through accountability
- Respect for diverse perspectives
2050
Net-Zero Target Year
Aims to achieve net-zero carbon emissions by this year, marking a significant commitment to reducing environmental impact.
- Initiatives include reducing waste and carbon emissions in daily operations.
- Emphasizes energy efficiency, with a focus on sustainable sourcing and renewable energy integration.
2025
Gender Parity Goal
Target year for achieving gender parity in leadership roles.
- Track and report on gender diversity metrics in hiring and promotions.
- Support employee resource groups to foster an inclusive work environment.
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