Role Purpose
Participate in feasibility and investment
analysis for real estate development projects. With direction from project
manager or director, conduct financial modeling, market research, and analysis
of comparable asset performance. Coordinate with corporate Operations, Technical
Services, Brand Management, Tax, Legal, and Finance Departments to ensure all
issues relevant to development projects are properly identified, analyzed,
and documented in the Company’s capital papers.
Key
Accountabilities
- Financial Modeling/Investment Analysis -
Participate in financial modeling to include NPV, IRR, and earnings impact,
by using proforma developed for Subject, proposed deal terms provided by VP
of Development, and input as appropriate from Technical Services, Tax,
and Financial Reporting teams. Review findings with Director or project manager
to determine financial viability of project, and assist in developing proposed
enhancements/modifications to deal terms to make each project meet the Company’s
returns requirements. Revise modeling/analysis/proposal, as necessary,
throughout negotiations of deal terms. - Market Feasibility Analysis –
Participate in determining competitive set for hotel being analyzed (“Subject”)
by reviewing existing supply in market place and identifying competitive assets.
Obtain historical occupancy and ADR performance for the competitive set
from Smith Travel Research and counterparts at other lodging companies.
Determine positioning of the Subject within competitive set, review historical
supply and demand growth patterns for the competitive set, and identify any
known additions to supply in the market. Project occupancy and ADR for
the Subject and determine viability of the Subject within the market. Review
analysis and findings with VP of Operations and VP of Development to obtain
consensus on market feasibility. Projects include small or relatively simple
competitive sets. - Writing Capital Approval Papers – If the Company
decides to pursue the project, participate in writing portions of the necessary
approval papers for the Americas Operating Committee and the Executive Committee
as directed (approval papers have historically ranged from 5 – 50 pages
depending upon the size of the Company’s investment, and include a description
of the project, the dynamics of the competitive market, competitive properties,
proposed positioning of the Subject, deal structure, S.W.O.T. analysis,
and financial implications to the Company). - Developing Proforma Income
Statements - Obtain historical P&L (profit and loss) statements
for comparable assets from within the Company’s estate, or from outside
consultants.
Review performance of competitive assets and similarities/dissimilarities
between competitive assets and the Subject. Utilize most comparable key
performance metrics from P&L statements analyzed and occupancy/ADR
projections developed during market feasibility analysis to develop proforma
P&L for the Subject. Review findings and support with VP of Operations
and VP of Business Development, and develop consensus on the Subject’s projected
performance. - Market/Industry Research – Consult with industry contacts
(e.g., consultants, real estate brokers, counterparts at other major lodging
companies, etc.) and review industry publications/forecasts to remain
knowledgeable of general market/industry trends and to facilitate
market/industry research. Provide findings to project manager or director
and internal clients to facilitate understanding of competitive fee structures
for business segments (e.g., timeshare branding, etc.) which are new to
the Company.
In addition, provide a framework on the direction of industry trends
and performance to assist in projecting hotel performance. - Ad Hoc
Investment Analysis Projects – May assist the Director of Investment Analysis
or project manager with review of financial analysis conducted within other
areas of the Finance Department. Assistance may include providing guidance
to Finance Department on financial modeling and the Company’s analysis policies
or conducting financial analysis for non-hotel specific projects such as
the Company’s franchise development plan.
Key
Skills & Experiences
Education –
- Bachelor's
or Master's Degree in Finance, Economics, Business, Hotel Management, or
a relevant field of work, or an equivalent combination of education
and work-related experience.
Experience
- 1-3 years
progressive work-related experience in financial analysis, forecasting,
statistical analysis, data mining and interpretation, or similar,
with demonstrated understanding of multiple disciplines/processes related to
the position.
Technical skills and Knowledge
–
- Demonstrated effective verbal and written communication skills
for the purpose of providing information to clients, vendors and/or staff.
Must be able to work effectively with senior managers, possess strong
relationship management skills, and well-developed negotiating and persuading
abilities. - Demonstrated financial and business analysis skills,
and demonstrated ability to analyze operating, forecast, and budget information.
Demonstrated ability to use the results of analysis to make effective strategic
decisions. - Demonstrated knowledge of financial statements, financial
principles and the ability to convert them to use in the hotel
industry. - Demonstrated PeopleSoft, Hyperion, or similar computer system
experience preferred - Highly proactive and flexible competency levels
with the ability to work with minimal supervision. - Demonstrated
organizational skills and ability to manage multiple
tasks/projects. - Demonstrated knowledge and understanding of the relevant
labor market, economic conditions, and industry trends. Demonstrated ability
to analyze these factors and draw logical conclusions. - Demonstrated
ability to use statistical mining software and related programs, as well as
to generate documents or reports in EXCEL, Word
and PowerPoint.
paraid="627950622" paraeid="{4bceaa84-b1e9-457c-9a72-d5b6bf3603ae}{61}"
style="-webkit-tap-highlight-color: transparent; -webkit-user-drag: none;
background-color: transparent; color: windowtext; font-kerning: none;
font-style: normal; font-weight: normal; margin: 0px; overflow-wrap: break-word;
padding: 0px; text-align: left; text-indent: 0px; user-select: text;
vertical-align: baseline;">
Please note that this is a hybrid position and requires going
to the Guadalajara office 3-4 times per
week.
paraid="627950622" paraeid="{4bceaa84-b1e9-457c-9a72-d5b6bf3603ae}{61}"
style="-webkit-tap-highlight-color: transparent; -webkit-user-drag: none;
background-color: transparent; color: windowtext; font-kerning: none;
font-style: normal; font-weight: normal; margin: 0px; overflow-wrap: break-word;
padding: 0px; text-align: left; text-indent: 0px; user-select: text;
vertical-align: baseline;">
paraid="627950622" paraeid="{4bceaa84-b1e9-457c-9a72-d5b6bf3603ae}{61}"
style="-webkit-tap-highlight-color: transparent; -webkit-user-drag: none;
background-color: transparent; color: windowtext; font-kerning: none;
font-style: normal; font-weight: normal; margin: 0px; overflow-wrap: break-word;
padding: 0px; text-align: left; text-indent: 0px; user-select: text;
vertical-align: baseline;">
If
you're interested, please apply with your resume
in English
