Posted by
Posted in
Banking & Finance
Job Code
1674344
Role
The Asset Manager will act as the operational and commercial custodian of Brigade Hotel Ventures' hotel portfolio, ensuring that each asset delivers superior financial returns, operational efficiency, and long-term value enhancement.
This role combines hands-on operational oversight, financial governance, market intelligence, compliance diligence, and data-driven decision-making. The Asset Manager will work closely with hotel GMs, operators, corporate teams, and ownership to drive disciplined performance across all metrics.
Key Responsibilities
Asset Performance & Value Creation
- Maximize GOP, NOI, EBITDA, cash flow, TRevPAR, RevPAR, ADR, and IRR across the hotel portfolio
- Continuously track P&L performance, margins, cost ratios, and profitability improvement opportunities
- Drive initiatives for revenue uplift, cost optimization, and operational efficiency
- Identify value-creation levers including repositioning, brand refresh, and F&B performance improvement
Operational Oversight & Owner Representation
- Represent Brigade's ownership in all operational reviews with operators, GMs, and brand teams
- Review and challenge annual business plans, budgets, forecasts, and manpower assumptions
- Monitor operational KPIs including service quality, guest satisfaction, cost focus, and productivity metrics
- Ensure adherence to owner priorities, performance standards, and governance expectations
Financial & Commercial Governance
- Lead monthly and quarterly business reviews, ensuring performance accountability from operators
- Evaluate variances, operating ratios, departmental costs, and margin drivers
- Partner with Revenue, Sales, and Operations to enhance topline growth and channel profitability
- Ensure disciplined management of working capital, credit control, inventory, and procurement
Industry Trends, Market Intelligence & Peer Benchmarking
- Track hospitality sector trends, demand patterns, supply growth, and economic indicators
- Benchmark Brigade hotels against peer sets, competitive portfolios, and industry standards
- Monitor brand trends, pricing shifts, F&B innovations, technology adoption, and consumer behavior
- Translate insights into actionable strategies for market positioning and performance optimization
Compliance, CompSec, Audit & Risk Management
- Ensure compliance with legal, regulatory, brand, and corporate governance requirements
- Liaise with CompSec for statutory filings, board presentations, and governance documentation
- Support internal/external audits, implement corrective actions, and maintain control frameworks
- Monitor insurance adequacy, risk assessments, safety compliance, and contract obligations
Capital Planning, CAPEX Execution & Asset Upkeep
- Prepare ROI-based CAPEX plans, feasibility models, and prioritization frameworks
- Oversee asset improvement, renovation, and refurbishment projects
- Track timelines, budgets, vendor performance, and post-project ROI
- Ensure asset protection, preventive maintenance, and lifecycle planning
CRM, Digital Tools & Technology-Driven Insights
- Use advanced CRMs (e.g., Salesforce, Opera Cloud CRM, Revinate, Zoho CRM) for analytics and performance tracking
- Leverage PMS, RMS, BI dashboards, and financial systems for data-driven decision-making
- Evaluate adoption of new technologies to improve guest experience, revenue management, and operational efficiency
Reporting, Analytics & Stakeholder Engagement
- Prepare monthly dashboards, asset scorecards, and performance insights for MD, CFO, and the Board
- Provide investment-grade analysis for key decisions including CAPEX, repositioning, and operator evaluation
- Act as the bridge between corporate leadership, hotel operations, brands, and external stakeholders
Key KPIs & Metrics
- GOP, NOI, EBITDA, Cash Flow
- RevPAR, ADR, TRevPAR, Market Share Index (RGI)
- IRR, ROI, Valuation Growth
- Budget vs Actual performance
- CAPEX ROI & Payback
- Cost Ratios, Payroll %, Productivity Metrics
- Audit Scores, Compliance Adherence
Ideal Candidate Profile
Experience
- 15+ years in Hotel Asset Management, Hospitality Operations, Real Estate Asset Management, or Hospitality Finance
- Multi-property or portfolio management experience mandatory
- Strong understanding of branded hotel operations and owner-operator frameworks
Skills & Competencies
- Strong operational and financial acumen
- Proficiency in CRMs (Salesforce, Revinate, Opera, Zoho, etc.)
- Strong analytical, modeling, and valuation skills
- Ability to drive performance with data and influence senior stakeholders
- Understanding of hospitality legal frameworks, contracts, and compliance
Education
- MBA / CA / CFA / Hospitality Management / Hospitality Finance preferred
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Posted by
Posted in
Banking & Finance
Job Code
1674344