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SVP of Capital Investment Strategies

Company: Hotels / Resorts / Casinos / Hospitality, Alpharet
Location: Alpharetta
Posted on: May 17, 2018

Job Description:

Position Description: Company is seeking an executive-level capital management professional to join its Executive Team. The Senior Vice President, Capital Investment Strategies will oversee the development of design and project management strategies to facilitate the capital investment objectives of the management company and produce market leading renovations and ground up construction projects on time and on budget. The Senior Vice President, Capital Investment Strategies will oversee the management, administration and overall direction of the Capital Investment/Capital Planning functions. The successful candidate for this role will possess qualities of an entrepreneurial, out-of-the-box thinker and self-starter with a disciplined executive profile capable of designing and managing the Capital Investment/Capital Planning functions while contributing to the overall development of the management enterprise. The successful candidate will possess strong leadership, organization and time management skills as well as strong written and verbal communication skills. The ideal candidate will utilize their expertise and knowledge of best practices in current purchasing, design and construction standards to provide comprehensive, accurate and timely project status and forecasted costing reports. This position requires a depth of insight into emerging design and business trends in the hospitality design and construction field which would be combined with 10+ years of experience managing the design, contracting, permitting and construction phases of Product Improvement and New Build Construction projects. The Senior Vice President, Capital Investment Strategies will have solid experience in the development and execution of strategic plans having previously produced tangible and measurable business results. The ability of the Senior Vice President, Capital Investment Strategies to accomplish stated goals in a sophisticated, fast-paced design and construction environment while meeting various ownership and enterprise-wide business objectives will be critical toward the success of the candidate in this role. Principle Responsibilities : Oversees the development of the annual 5-Year Capital Plan to support owner investment and product development strategies which will satisfy brand requirements for license renewal, standard changes and Life Safety. Develops and administers Company’s capital investment planning process to align near term and long-range objectives of its asset portfolio to achieve the company’s overall development and performance goals. Develops and administers an effective project review and approval process to ensure that the required mix of existing and new investments are developed to meet Company’s and owner’s goals, objectives and future organizational priorities. Reports weekly, monthly, quarterly and yearly of ongoing Major Capital Projects, Ordinary Capital Projects and Repairs and Maintenance schedules, costs and cash management. Administers continuous needs assessments of each assets’ physical plant to identify the resources necessary to fulfill immediate and future needs of the operating platform and owner/brand product development requirements. Oversees and directs all capital expenditures for the construction and renovation of Company Hospitality-managed properties (and other assets where Company has asset management responsibilities) consistent with the planning and design goals and standards approved by “owner”. In partnership with the senior managers of the Capital Investment/Capital Planning departments, ensures that capital project management processes enable Company to complete projects on time and within budget. Oversees and drives the development of project scope of work, timeline(s) and investment(s) strategy and support capital department project performance against the approved budget, project schedules and established quality control standards. Oversees and analyzes the viability of all operating and mechanical equipment to ensure that optimal performance and full life cycle of the equipment is achieved through the proper preventative maintenance and service requirements. Leverages Company’s ability to negotiate favorable terms on all required enterprise service contracts and warranties. In conjunction with the senior managers of the Capital Investment/Capital Planning departments, oversees coordination of each major and ordinary capital project to ensure the design process reflects the input of the owner, manager and appropriate division heads to optimize product performance, guest impact and life-cycle cost. Oversees the development and implementation of design and construction standards to ensure projects are executed at appropriate levels of quality and satisfy brand and owner investment strategies. Ensures effective and appropriate communication is maintained between the Management Company, property, brand partner(s) and 3 rd party vendors. Required Skills and Experience : 10+ years of experience managing capital projects in the hotel industry. Bachelor’s degree in Architecture, Engineering, Finance or Accounting preferred. Candidates with an M.B.A. will be given strong consideration. Must demonstrate strong working knowledge of national hotel brands product positioning requirements and future brand standard strategies as it relates to their design and technology improvements for brand families such as Marriott, Hilton and IHG. Strong computer skills with particular expertise in preparing and analyzing Excel spreadsheets and Power Point presentations. Proficiency in all other Microsoft Office applications is required and prior experience with SAGE 500 and Honest Builder PM programs is beneficial. Key Qualifications Dynamic, forward-thinking leader and creative team builder capable of encouraging engagement and morale. Comfortable with providing and accepting regular, balanced feedback to/from the team while championing their collective and individual efforts and contributions. Possess strong written, verbal, interpersonal, analytical and problem-solving skills. Ability to provide comprehensive and impactful project reporting and development presentations. Demonstrable experience in driving change at a strategic level with tangible and measurable business results. Experience overseeing complex construction and renovation projects with design and fiscal performance responsibilities. Effective multi-tasker capable of prioritizing and navigating shifting priorities while remaining responsive and accountable to key stakeholders. Demonstrable coaching, mentoring and motivating disposition capable of fostering a positive, collaborative and team-based working environment. Must demonstrate an ability to quickly adapt to and recommend new project management programs and software as may be necessary to carry out the goals of the Capital Investment/Capital Planning functions as well as the enterprise organization.

Keywords: Hotels / Resorts / Casinos / Hospitality, Alpharet, Alpharetta, SVP of Capital Investment Strategies, Executive, Alpharetta, Georgia

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