The Company

• The company is a real estate investment and asset management firm focused on landmark luxury hospitality and branded residential projects in prime locations across Europe and the Americas.
• The firm manages capital on behalf of institutional investors, sovereign wealth funds, pension funds and family offices, with a portfolio of more than US$800 million. The company takes an active, hands-on approach throughout the full investment lifecycle, from acquisition and financing through repositioning, development, operations and exit.
• Through vehicles established by its partners or under its management, the company has acquired, developed and repositioned more than ten landmark projects in Spain and Mexico, working alongside leading international hospitality brands including Four Seasons, Rosewood, One&Only, Six Senses, Fairmont, Banyan Tree and Andaz.
• The company combines institutional investment discipline with an entrepreneurial operating model. Its team works directly on complex real estate projects involving change of use, heritage assets, development, financing, leasing, hotel operations and value creation.

The Role

• The company is looking for a Real Estate Finance & Asset Management Associate to own the day-to-day financial management, reporting and asset-management processes of its real estate investment vehicles.
• The role is designed for someone who is highly organised, detail-oriented and motivated by ensuring that recurring processes are properly controlled, completed accurately and delivered on time.
• The successful candidate will act as the central point of coordination for the ongoing management of the portfolio, working with external accountants, tax advisers, auditors, property managers, tenants, lenders, legal advisers and other service providers.
• The role combines ownership of monthly accounting closes, business-plan monitoring, budgeting and forecasting, cash management, capital calls, payments, debt compliance, investor reporting and corporate approvals with asset-management and value-creation responsibilities.
• The successful candidate will analyse asset performance, identify opportunities to improve revenues and costs, support leasing and repositioning initiatives, and ensure that each asset’s business plan is properly executed.

Responsibilities

• Asset Management and Performance Monitoring:
• Review the monthly financial and operational performance of each asset against its business plan, budget and forecast.
• Coordinate annual budgets and periodic forecasts and maintain the underlying business plans, cash flow projections and financial models.
• Analyse revenues, operating expenses, capital expenditure, cash flow and relevant asset-level KPIs.
• Identify and explain deviations and follow up on corrective actions and value-creation initiatives.
• Coordinate with property managers, tenants and other asset-level service providers.
• Monitor rent calculations, collections, service charges, indexation and other material contractual obligations, including hotel operator fees where applicable.
• Support the review and negotiation of leases and other material asset-level contracts, including hotel management agreements where applicable.
• Conduct market and competitor analysis to support asset strategy, leasing and business-plan decisions.
• Analyse hotel operating performance, including occupancy, ADR, RevPAR and other relevant metrics.
• Perform benchmarking to identify opportunities to improve positioning, revenues, costs and overall asset performance.
• Monitor cash requirements, capital calls and other funding needs.
• Monitor financing obligations, including debt service, covenant compliance, guarantees and lender reporting requirements.
• Track matters requiring board, shareholder or investor approval and coordinate the related documentation and follow-up.
• Financial Control and Accounting:
• Own the monthly closing and financial-control process for the investment SPVs, coordinating external accountants and reviewing the resulting accounting records and financial statements.
• Ensure that accounting information is consistent with the underlying activity and performance of each asset.
• Coordinate with accounting firms, tax advisers and auditors.
• Review tax calculations and filings prepared by external advisers.
• Ensure that accounting, tax, audit and statutory obligations are completed accurately and on time.
• Review invoices and supporting documentation, upload payments and monitor their approval and execution.
• Track property-related payments, deposits and guarantees.
• Maintain oversight of asset-level and SPV-level cash balances, upcoming obligations and short-term funding requirements.
• Investor and Board Reporting:
• Prepare monthly and quarterly investor reports covering financial performance, progress against the business plan, key developments, risks and funding requirements.
• Prepare materials for board meetings, shareholder meetings and investor discussions.
• Ensure consistency between accounting records, financial models, asset-level information and investor reporting.
• Prepare capital-call forecasts, calculations, notices and supporting investor communications, and monitor the timely receipt of funds.