Asset Management Associate

3 days ago

Philadelphia, Pennsylvania, United States Hersha Hotels & Resorts Full time

About Hersha Hotels & Resorts

Hersha Hotels & Resorts is a leading hospitality company that owns and operates luxury and lifestyle hotels in urban gateway and regional resort markets. With a portfolio of 23 hotels totaling 3,572 rooms, Hersha has established itself as a major player in the industry.

Our Mission

We are committed to delivering exceptional guest experiences, driving revenue growth, and creating long-term value for our stakeholders. Our team is passionate about the travel and lodging industry and is dedicated to staying ahead of the curve in terms of industry trends and best practices.

Job Summary

We are seeking a highly motivated and detail-oriented Asset Management Associate to join our team. As a key member of our Asset Management Team, you will be responsible for driving performance across our portfolio of hotels, working closely with hotel executive teams and above-property leaders to review performance and business plans, and analyzing financial statements and related performance metrics.

Key Responsibilities

  • Assist in driving performance across our portfolio of hotels, with a focus on optimizing asset value and achieving investment objectives.
  • Work closely with hotel executive teams and above-property leaders to review performance and business plans, assess results, and suggest revenue enhancement/cost reduction initiatives.
  • Analyze financial statements and related performance metrics, including hotel STR reports, balance sheets, and cash flow statements.
  • Utilize Excel to analyze property income statements, conduct benchmarking analysis, and prepare other analyses to assess and maximize hotel performance.
  • Collect market data and maintain a database of all factors affecting markets and submarkets for each hotel and/or portfolio, including demographics and changes in supply and demand.
  • Provide market research in our key urban markets as well as new strategic target markets to determine local supply characteristics and demand generators.
  • Support the Investment Team in underwriting hotel acquisition opportunities and information gathering for potential opportunistic disposition activity.
  • Assist with preparation of materials for senior executives and for monthly, quarterly, and ad hoc board meetings, including slide decks summarizing hotel industry trends and outlook, key portfolio updates, investment pipeline, and corporate strategy.
  • Participate in periodic on-site property reviews and market tours as appropriate.

Requirements

  • A Bachelor's degree in business, finance, and/or hospitality.
  • 1-3 years of experience in hospitality operations, asset management, real estate, and/or consulting.
  • Passion for the travel and lodging industry and knowledge of investment principles.
  • Ability to analyze financial statements and related performance metrics, including hotel STR reports, balance sheets, and cash flow statements.
  • Mastery of Excel and PowerPoint.
  • Possess superior communication skills, oral and written. Analytical, self-motivated, well-organized, and results-driven professional. Ability to meet deadlines. Strong attention to detail.
  • Strong computer modeling and business writing skills.
  • Required to sit for extended periods, lift up to 10 pounds, bend, reach, use hands and fingers to operate keyboard.

Career Growth Potential

This position offers opportunities for career growth and development, with the potential to earn full asset management responsibility for a collection of properties in the portfolio, from initial acquisition to transition/ramp up, to business plan execution, and eventual divestment.

  • Senior Tax Associate, Asset Management

    3 weeks ago

    Philadelphia, Pennsylvania, United States KPMG Full time

    Job Title: Senior Tax Associate, Asset ManagementKPMG is seeking a highly skilled Senior Tax Associate to join our Asset Management team. As a Senior Tax Associate, you will play a key role in providing tax services to our clients, including tax planning, compliance, and advisory services.Responsibilities:Support Tax Managers and Partners in the day-to-day...

  • Regional Asset Protection Manager

    5 hours ago

    Philadelphia, Pennsylvania, United States Burlington Full time

    Regional Asset Protection ManagerAre you an experienced asset protection manager with strong leadership skills? Do you have a proven track record of developing and implementing effective asset protection strategies? If so, we want to hear from you!As a Regional Asset Protection Manager at Burlington, you will be responsible for developing, directing, and...

  • Regional Asset Protection Manager

    3 hours ago

    Philadelphia, Pennsylvania, United States Burlington Stores Full time

    Job Summary: We are seeking a highly skilled Regional Asset Protection Manager to join our team at Burlington Stores. As a key member of our Asset Protection department, you will be responsible for developing and implementing effective asset protection strategies to prevent loss and ensure the safety of our customers and employees.Key...

  • Asset Protection Manager

    1 month ago

    Philadelphia, Pennsylvania, United States HOME DEPOT U.S.A., INC. Full time

    Job Title: Multi-Store Asset Protection ManagerAt Home Depot U.S.A., Inc., we are seeking a highly skilled and experienced Multi-Store Asset Protection Manager to join our team. This role is responsible for driving core programs and strategies relating to theft and fraud mitigation, operational excellence, safety, and environmental compliance in our...

  • Asset Protection Manager

    3 days ago

    Philadelphia, Pennsylvania, United States San Francisco Art Institute Full time

    About This RoleThe Asset Protection Manager is a critical position responsible for driving inventory shortage performance and executing the Asset Protection Strategy for their respective store. This individual will ensure that all company policies, local, provincial, and federal laws are adhered to in the execution of internal and external theft...

  • IT Asset Management Specialist

    12 hours ago

    Philadelphia, Pennsylvania, United States Navtech Full time

    Job Summary:Navtech is seeking an experienced IT Asset Management Specialist to join our team. The successful candidate will have a strong background in IT software and hardware, as well as 5+ years of experience working as an IT asset analyst. Key Responsibilities:Manage and maintain accurate records of IT assets, including software and hardware.Develop and...

  • Asset Management Director

    4 weeks ago

    Philadelphia, Pennsylvania, United States HHM Hotels (Philadelphia Corporate) Full time

    Job Title: Director of Asset ManagementAbout the Role:We are seeking a highly skilled and experienced Director of Asset Management to join our team at HHM Hotels (Philadelphia Corporate). As a key member of our asset management team, you will be responsible for creating shareholder value by developing and implementing operational, management, and...

  • IT Asset Management Specialist

    3 days ago

    Philadelphia, Pennsylvania, United States Stefanini North America and APAC Full time

    Job Title: IT Asset Management AnalystJob Summary:We are seeking an IT Asset Management Analyst to join our team at Stefanini North America and APAC. The successful candidate will be responsible for overseeing and managing our organization's IT assets, including hardware, software, and network resources.Key Responsibilities:Manage inventory of hardware...

  • Associate Director Tax Fixed Assets Specialist

    3 days ago

    Philadelphia, Pennsylvania, United States Verizon Full time

    Unlock Your Potential at VerizonAt Verizon, we're committed to empowering our employees to reach their full potential. As an Associate Director - Tax Fixed Assets, you'll play a critical role in shaping our tax strategy and driving business growth. With a strong background in tax and accounting, you'll be responsible for managing our tax fixed asset...

  • Asset Management Specialist

    4 days ago

    Philadelphia, Pennsylvania, United States Campus Apartments Full time

    About Campus ApartmentsCampus Apartments is a leading vertically-integrated real estate company that acquires, develops, and operates university-related real estate. With a portfolio of over 25,000 beds in 18 states, representing over $2.0 billion in assets under management, we are one of the nation's largest student housing operators.Job OverviewWe are...

  • Senior Tax Associate, Asset Management

    3 weeks ago

    Philadelphia, Pennsylvania, United States KPMG Full time

    Business Title:Senior Tax Associate, Asset ManagementRequisition Number:Not ApplicableFunction:Tax ServicesArea of Interest:Tax ServicesState:PACity:PhiladelphiaDescription:At KPMG, you can become an integral part of a dynamic team at one of the world's top tax firms. Enjoy a collaborative, future-forward culture that empowers your success. Work with KPMG's...

  • Asset Protection Operations Coach

    1 month ago

    Philadelphia, Pennsylvania, United States Walmart Full time

    Job SummaryWe are seeking a highly skilled Asset Protection Operations Coach to join our team at Walmart. As an Asset Protection Operations Coach, you will play a critical role in ensuring the safety and security of our stores and associates.Key ResponsibilitiesDevelop and implement asset protection strategies to prevent loss and protect company...

  • Asset Protection Operations Coach

    3 weeks ago

    Philadelphia, Pennsylvania, United States Walmart Full time

    Job SummaryWe are seeking a highly skilled Asset Protection Operations Coach to join our team at Walmart. As an Asset Protection Operations Coach, you will be responsible for driving sales by ensuring effective merchandise presentation, assessing economic trends and community needs, and overseeing the stocking and rotation of merchandise.Key...

  • Asset Protection Operations Coach

    4 days ago

    Philadelphia, Pennsylvania, United States Walmart Full time

    Job SummaryWe are seeking a highly skilled and experienced Asset Protection Operations Coach to join our team at Walmart. As a key member of our asset protection team, you will be responsible for driving sales growth, leading and developing teams, and ensuring the safety and security of our stores.Key ResponsibilitiesDrive sales growth by ensuring effective...

  • Asset Protection Operations Coach

    3 weeks ago

    Philadelphia, Pennsylvania, United States Walmart Full time

    Job SummaryWe are seeking a highly skilled Asset Protection Operations Coach to join our team at Walmart. As a key member of our asset protection team, you will be responsible for driving sales growth, ensuring effective merchandise presentation, and leading teams to achieve exceptional customer service standards.Key ResponsibilitiesDrive sales growth by...

  • Asset Protection Specialist

    4 weeks ago

    Philadelphia, Pennsylvania, United States The GIANT Company Full time

    Job SummaryWe are seeking a highly skilled and detail-oriented Asset Protection Specialist to join our team at The GIANT Company. As an Asset Protection Specialist, you will play a critical role in protecting our retail store assets by investigating losses, preventing shrink, and ensuring a safe and secure environment for our customers and associates.Key...

  • Asset Protection Specialist

    2 weeks ago

    Philadelphia, Pennsylvania, United States ShopRite Full time

    Job SummaryWe are seeking a highly skilled and detail-oriented Asset Protection Specialist to join our team at ShopRite. As a key member of our Asset Protection department, you will play a critical role in identifying and preventing loss, ensuring the integrity of our store operations, and upholding the highest standards of customer service.Key...

  • Asset Protection Specialist

    2 weeks ago

    Philadelphia, Pennsylvania, United States Walmart Full time

    Job SummaryThis role focuses on ensuring the safety and security of our associates, customers, and merchandise. As an Asset Protection Associate, you will investigate, think critically, and work to solve complex problems.Key ResponsibilitiesInvestigate and resolve incidents related to asset protectionDevelop and implement strategies to prevent loss and...

  • Asset Protection Operations Coach

    3 weeks ago

    Philadelphia, Pennsylvania, United States Walmart Full time

    Job SummaryWe are seeking a highly skilled and experienced Asset Protection Operations Coach to join our team at Walmart. As an Asset Protection Operations Coach, you will be responsible for ensuring the effective presentation of merchandise, assessing economic trends and community needs, and overseeing the stocking and rotation of merchandise. You will also...

  • Tax Director

    2 hours ago

    Philadelphia, Pennsylvania, United States Verizon Full time

    Job SummaryVerizon is seeking a highly skilled Tax Director - Fixed Assets to join our team. As a key member of our Tax organization, you will be responsible for managing the overall Tax Fixed Assets income tax accounting and compliance functions for a company with over $320B of fixed assets and an estimated $17B of capital spend per year.Key...