Associate, Hospitality Advisory & Asset Management

Employer
Jones Lang LaSalle
Location
Singapore, Singapore
Salary
S$50k - S$60k
Posted
21 Jun 2022
Closes
21 Jul 2022
Ref
15522238
Job Function
Other
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
About JLL

We're JLL-a leading professional services and investment management firm specializing in real estate. We have operations in over 80 countries and a workforce of over 98,000 individuals around the world who help real estate owners, occupiers and investors achieve their business ambitions. As a global Fortune 500 company, we also have an inherent responsibility to drive sustainability and corporate social responsibility. That's why we're committed to our purpose to shape the future of real estate for a better world. We're using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities.

Our core values of teamwork, ethics and excellence are also fundamental to everything we do and we're honored to be recognized with awards for our success by organizations both globally and locally.

Creating a diverse and inclusive culture where we all feel welcomed, valued and empowered to achieve our full potential is important to who we are today and where we're headed in the future. And we know that unique backgrounds, experiences and perspectives help us think bigger, spark innovation and succeed together.

If this job description resonates with you, we encourage you to apply even if you don't meet all of the requirements below. We're interested in getting to know you and what you bring to the table!

JLL's Hotels & Hospitality Group serves as the hospitality industry's global leader in real estate services for luxury, upscale, select service and budget hotels; timeshare and fractional ownership properties; convention centres; mixed-use developments and other hospitality properties. The firm's more than 350 dedicated hotel and hospitality expert partner with investors and owner/operators around the globe to support and shape investment strategies that deliver maximum value throughout the entire lifecycle of an asset. In the last five years, we helped clients complete more transactions than any other hotels and hospitality real estate advisor in the world, totalling more than USD 68 billion. We also helped solve nearly 4,400 unique client challenges by completing advisory, valuation and asset management assignments around the globe, in addition to managing the design and construction of over 50 unique hotel destination projects. The group's hotels and hospitality specialists provide independent and expert advice to clients, backed by industry-leading research.

Opportunity

We are currently seeking an Associate to join our growing Hotels & Hospitality platform with a primary focus on hotel asset management projects in Asia. The role will be based in Singapore and will report directly to our Executive Vice President of Advisory & Asset Management.

We are looking for an individual who is passionate, highly motivated about adding value and delivering superior results to the team. As a member of JLL's Hotels & Hospitality team, you will support our asset management business across APAC.

Responsibilities
  • Together with the project lead: a) Meet with owners and hotel executive teams to review monthly and quarterly operating performance, including P&Ls, cashflow statement and support with benchmark analysis; b) Work with legal, financial and other consultants on any related activities and c) Travel to the properties as needed to inspect the facilities, meet with the management and tour the market areas and competitive set of hotels.
  • Evaluate annual business plans/budgets, including capital expenditure budgets and longer-term strategic plans to provide cost reduction and revenue enhancement guidance.
  • Review and monitor property's financial and operational performance; assist with financial modelling at asset level to ensure targeted performance are met.
  • Responsible for biweekly, monthly, and quarterly reports (covering market updates, asset performance, benchmarking analysis, etc) to update internal and external key stakeholders.
  • Provides decision support in the form of data analysis, risk/return analysis, research and market assessment activities for varying business scenarios
  • Create and maintain proprietary databases.
  • Participate in projects, automation and workflow enhancements.
  • Collaborate and support colleagues in other functions / departments / offices (if required).

Required Skills And Experience
  • 3-5 years of relevant experience in real estate industry, preferably with experience managing hospitality assets;
  • Undergraduate degree in relevant discipline such as business, hospitality, finance and/or real estate;
  • Ability to multitask, prioritise and work in a fast-paced environment under tight deadlines;
  • Self-motivated and able to work independently;
  • Excellent numerical and research skills;
  • Strategic thinker with strong critical thinking skills;
  • Crisp and concise report writing skills and attention to detail;
  • Ability to build relationship and work with a diverse team;
  • Proficiency in Microsoft Office (Word, Excel and PowerPoint), modelling skills required;
  • Team player, organized, and strong communication and interpersonal skills;
  • Overseas travelling may be required for the role.

As a dedicated Hotels and Hospitality sector specialist you should possess strong analytical, communication and team-working skills and be comfortable in dealing with people of all cultures and at different levels across Asia. You should enjoy working in a dynamic, multi-national environment and be comfortable contributing innovative ideas, insights and suggestions on how to improve the way we conduct, present and communicate our expertise. You should embrace the latest available technology tools as a leverage to source, prepare and deliver up-to-date, world-class data analytics to both internal and external stakeholders.

What You Can Expect From Us

We succeed together and believe the best inspire the best, so we invest in supporting each other, learning together and celebrating our success.

Our Total Rewards program reflects our commitment to helping you achieve your career ambitions, recognizing your contributions, investing in your well-being and providing competitive benefits and pay.

We can't wait to see where your ambitions take you at JLL. Apply today!

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