Head of Operations & Asset Management, Operations IV
Posted:
Job Role
- To oversee hospitality operations and asset management, ensuring contractual obligations are met, properties are maintained to international standards, and financial returns are optimized.
Key Responsibilities
Liaison & Stakeholder Management
- Act as the primary operational liaison between VAAL Real Estate and CityBlue Hotels.
- Facilitate operational meetings, reporting sessions, and project coordination.
- Ensure alignment of operational decisions with management agreements and project objectives.
- Escalate operational, financial, and client-related matters when necessary.
Hospitality Operations Oversight
- Oversee day-to-day hospitality operations of Divine Residences.
- Monitor guest experience, service standards, and operational efficiency.
- Ensure readiness of facilities, serviced units, and amenities.
- Coordinate staffing, SOPs, and launch activities.
Asset Management & Property Performance
- Track occupancy, ADR, RevPAR, and asset utilization.
- Ensure preventive maintenance and asset preservation strategies.
- Protect long-term value and profitability of the property.
Financial Oversight & Reporting
- Review and approve OPEX and CAPEX.
- Monitor expenses, revenues, and financial obligations.
- Conduct periodic audits to ensure fund integrity.
- Provide financial planning and operational analysis support.
Client & Owner Relations
- Support client handover and operational transition.
- Address owner concerns and escalations professionally.
- Ensure smooth onboarding of owners into the hospitality framework.
Pre-Opening, Handover & Launch Coordination
- Coordinate pre-opening readiness, staffing, and reporting structures.
- Ensure operational requirements are completed before guest occupancy.
- Monitor launch timelines and deliverables.
Compliance & Risk Management
- Ensure compliance with hospitality regulations, safety standards, and legal requirements.
- Maintain operational licenses and certifications.
- Implement risk mitigation strategies.
Reporting
- Provide weekly and monthly executive summaries to the CEO on occupancy, GOP, owner sentiment, and maintenance status.
Qualifications
- Bachelor’s degree in Hospitality Management, Business Administration, or Finance.
- Master’s degree (MBA or equivalent) preferred.
- Minimum 7 years in hotel/hospitality operations, with at least 3 years in senior management.
- Proven track record in managing hotel/serviced apartment or mixed-use developments.
- Strong background in financial auditing and operational oversight.
- Proficiency in PMS, Excel, and Channel Managers.
Skills and Competencies
- Hospitality operations management.
- Asset & property management.
- Financial & commercial acumen.
- Stakeholder & relationship management.
- Strategic planning and coordination.
- Leadership and team management.
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