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Noble Investment Group · 1 day ago

Director of Asset Management

Atlanta, GA

Full-time

Hybrid

Director/Executive

7+ years exp

Noble Investment Group is a leading investment firm in the travel and hospitality real estate sector, managing over $6 billion in assets. They are seeking a Director of Asset Management to oversee hotel performance and work with third-party managers to enhance the value of their portfolio. The role involves significant travel and collaboration with asset management professionals to implement strategies for improving hotel performance.

Hospitality

Growth Opportunities

H1B Sponsor Likely

Responsibilities

Accountable for working with third-party management companies on all aspects of each hotel's performance

Performance tracking and ongoing review of all data and documents such as STR data, revenue management data, forecast, and financial statements

Perform monthly reviews with all hotels to discuss monthly data and the strategies to improve performance

Conduct regular visits to each property

Assess, develop, and implement value enhancement opportunities for each hotel

Evaluate the physical condition and anticipated capital requirements for each hotel

Maintain a thorough understanding of all factors affecting hotel markets and submarkets associated with the portfolio

Track occupancy and average rate trends for the sub-markets/competitive sets

Track new properties being considered for development

Monitor demand generators for significant increases/decreases

Ensure legal compliance (health codes, life safety, employment, ADA, etc.)

Develop and implement short-term, intermediate, and long-term strategies to improve the value of the portfolio

Maximize NOI through annual budgeting and business planning, financial and strategy reviews, planning and executing of capital projects, and executing agreed-upon strategies

Provide performance reporting, including trip visits, internal communication and presentations, and external communication and follow up to management groups

Monitor property and portfolio financial performance from an operational perspective

Conduct monthly reviews with each property to discuss performance and strategies for improvement

Review, evaluate, and approve annually prepared business plans/budgets, including capital budgets, for each property. Provide any cost reduction and revenue enhancement guidance

Work with Noble's project development team to ensure that all capital projects are completed on time, and within budget, and evaluate all ROI projects

Provide support in underwriting and due diligence of new acquisition opportunities

Qualification

Hospitality Asset ManagementFinanceBudgetingOperationsMarket MonitoringAnalytical SkillsCommunication SkillsInterpersonal SkillsDetail-orientedSelf-starter

Required

7+ years of experience in Hospitality Asset Management and/or related operation or finance

A track record of success, integrity, and academic achievement, supported by the strong recommendation of industry peers

Undergraduate degree with a preferred course curriculum focus in finance, business, or hospitality

Proven experience in operations, finance, accounting, budgeting, market monitoring, and monthly reporting

Well organized, detail-oriented, flexible, confident, analytical, technical, and resourceful

Strong written and oral communication skills

Effective interpersonal skills and ability to interact with diverse personality types

Ability to work well under pressure with compressed project time frames

Proactive, hardworking, dedicated, and a self-starter

Willingness and capacity to travel

Company

Noble Investment Group

Noble Investment Group is a hospitality company providing lodging and hospitality services.

Founded in 1993

Atlanta, Georgia, USA

51-200 employees

http://nobleinvestment.com

H1B Sponsorship

Noble Investment Group has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

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Trends of Total Sponsorships

2021 (1)