Vice President Asset Management Japan

JLL empowers you to shape a brighter way.  

Our people at JLL are shaping the future of real estate for a better world by combining world class services, advisory and technology for our clients. We are committed to hiring the best, most talented people  and empowering them to  thrive, grow meaningful careers and to find a place where they belong.  Whether you’ve got deep experience in commercial real estate, skilled trades or technology, or you’re looking to apply your relevant experience to a new industry, join our team as we help shape a brighter way forward.   

RESPONSIBILITIES

• Meet with owners and hotel executive teams to review monthly and quarterly operating performance, review and evaluate annually prepared business plans/budgets, including capital budgets and long-term strategic plans to provide cost reduction and revenue enhancement guidance.
• Travel to the properties as needed to inspect the facilities, meet with management and tour the market areas and competitive set of hotels.
• Identify, analyse and implement opportunities for increased revenues and expense savings including hotel, retail, and any real estate related expenses. Develop ownership and investment strategy for assigned hotels including identifying asset redevelopment, highest and best use, ownership restructuring of underlying real estates, and repositioning opportunities designed to optimize value.
• Establish operating profit expectations, monitoring performance, and working directly with the on-site property teams to maximize and improve operating fundamentals.
• Review, benchmark and analyse hotel-and portfolio-level financial data and keep informed of the dynamics of each market area to develop a strong understanding of the hotels and their respective markets.
• Proactive oversight of the execution of the capital plans throughout the year, and monitoring of the capital expenditures for each hotel to include both major renovations and routine capital expenditures
• Analyse and track the return on investment for the assets as well as profit improving projects, either implemented or proposed.
• Establish and maintain effective working relationship with internal and external constituencies such as property-level managers, management company representatives and senior leadership, capex advisors, and legal counsels to maximize returns and maintain assets’ compliance.
• Manage, oversee and provide strategies for the capital expenditure, operating systems and equipment, contract review (including any lease and vendor contracts), real estate inquiries (including leased land acquisition or rent negotiations), and approval process with our clients and hotels.
• Supervise contract compliance with respect to existing management & franchise agreements. Review all proposed property-related contracts for business content as well as potential conflicts with existing obligations.
• Undertake property or portfolio reviews with the objective to improve profitability and recommend asset enhancements.
• Play a proactive role in growing the portfolio under Asset Management in Japan.
• Network and establish a profile in Japan as a leading Asset Management expert in the hotel sector.
• Collaborate and support colleagues in other functions / departments / offices as required.
• Keeps senior management informed by reviewing and analysing special reports; summarizing information; identifying trends.

REQUIRED SKILLS / EDUCATIONAL BACKGROUND

• Fluent in Japanese, and good business English
• 3+ years working experience in real estate asset management/ownership, investment, finance, operations, or relevant consulting, ideally with hospitality experience.
• University level degree in real estate management and/or investment, or hospitality or finance.
• Task oriented and possesses a track record of meeting deadlines and delivering on goals.
• Detail-oriented, with excellent written and oral communication skills with the ability to work with others to achieve a common goal.
• Strong analytical and financial analysis skills, as well as comprehensive knowledge of hotel operations.
• Team player, organized, and strong communication skills.
• Self-motivated and ability to multi-task.
• Comfort in working independently and as part of a diverse regional team

Location:

On-site –Chiyoda-ku

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

At JLL, we harness the power of artificial intelligence (AI) to efficiently accelerate meaningful connections between candidates and opportunities. Using AI capabilities, we analyze your application for relevant skills, experiences, and qualifications to generate valuable insights about how your unique profile aligns with the specific requirements of the role you're pursuing.

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