Search 16,821 current hospitality jobs

Analyst, Operations

posted April 21, 2019

Interstate Hotels & Resorts
Arlington, VA
Apply
721140 l

About This Job

BASIC PURPOSE:

Interstate Hotels & Resorts is currently seeking a well-qualified individual for the position of Senior Analyst, Labor Management/Finance.  The Senior Analyst, will act as an internal consultant to various departments.  The individual will perform labor analysis for all areas of the company, recommending best-way forward.  The individual will work extensively with third-part Labor Management System, ensuring that data is accurately maintained and that reporting is consistent with internal reporting. The individual will effectively manage complicated projects, collaborate with other departments and operate quickly and effectively.

ORGANIZATIONAL SCOPE:

The Labor Management/Finance Group of Interstate Hotels & Resorts is a newly established department.  The purpose of the department is to support the initiatives surrounding labor leadership within the organization.  The position must work well in a matrixed organization, as deliverables are to Operations, Finance and Labor Leadership.

ESSENTIAL FUNCTIONS:

  • Develop, produce and enhance labor reporting consistent with the needs of multiple levels within the organization.
  • Evaluate and report out on LMS success factors in a clear and cohesive manner.
  • Serve as subject matter expert for Interstate’s labor management system (LMS).
  • Create professional training materials to support rollout and enhancement initiatives associated with LMS.
  • Conduct both live and webinar format training and consultation for LMS to both one-on-one and large audiences.
  • Maintain LMS database on a regular basis.
  • Onboard new hotels by setting up property-level settings/configuration and communicate offboarding hotels to LMS provider.
  • Respond to trouble-ticketing system for user-initiated help-desk requests.
  • Create pro forma projections for new business opportunities.  This function requires a general understanding of hotel operating metrics (ADR, Occ and RevPAR) and a basic knowledge of the profit and loss statement (Revenues, Expenses, GOP, NOI).
  • Generate return analyses for potential investments (acquisitions, joint ventures, mezzanine loans, guarantees, key money, etcetera).  This function requires a basic understanding of financial principles (time value of money, risk adjusted discount rates) and a working knowledge of key metrics (IRR, NPV).
  • Conduct market research to support key assumptions.  This function requires the analysis of historical and competitive market data, the assessment of room supply and demand generators, and the consideration of comparable transactions in the marketplace.
  • Analyze performance of all major transactions and explain significant variances to underwriting.
  • Support due diligence process for all transactions (acquisitions and dispositions).
  • Complete special projects and ad hoc analyses for various departments.

Knowledge and Skills:

Education:

Bachelor’s degree in hospitality management, finance, accounting or real estate required.

Experience:

Three (3) plus years of experience in hospitality consulting, investment analysis, feasibility, valuation, development, asset management or similar function.

Hotel operational experience preferred, but not required.

Skills and Abilities:

Knowledge of the lodging and/or real estate industries.

Solid proficiency in Microsoft Excel, Word and Power Point.Specifically, exceptional knowledge of financial modeling.

Advanced Excel skills must include advanced functions, formulas, pivot tables.

Proficient in VBA

Experience in TM1 and or SQL a plus

Strong analytical thought process.

Deductive reasoning skills.

Excellent communication skills, both written and verbal.

Highly effective research skills.

Well-organized, self-starter.

Detail-oriented, ability to multi-task.

Respectful of deadlines.

Interstate Hotels & Resorts is an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status.

Click here and here to navigate to the “EEO is the Law” poster and supplement.

If you need accommodation for any part of the employment process because of a medical condition or disability, please call (703) 387-3888 or email ADA.Assistance@interstatehotels.com with the nature of your accommodation request and include the Hotel location and title of the job opening. Please allow one (1) business day for a reply.

Apply

About This Employer

Interstate Hotels & Resorts

2011 Crystal Drive, Suite 1100
Arlington, VA 22202

Corporate Office

www.interstatehotels.com

Follow us:

Our Experience. Your Success.®

Interstate Hotels & Resorts is the leading global hotel management company. Hotel owners, developers and guests discover the Interstate difference in our 425 hotels, resorts and conference centers with nearly 75,000 rooms located throughout the U.S. and around the globe.

Our rich history spanning more than 55 years of innovation, consistency and success is unmatched in the hospitality industry, making Interstate the preferred hotel management company of major global brands. It also allows our associates to consistently deliver results for real estate investors, ownership groups, publicly-traded REITs, privately held companies, and private equity funds today and in the bright future to come.

Interstate, from startup to stardom

From relatively humble beginnings in 1960, Interstate Hotels & Resorts has evolved to become a leader in the hospitality industry. Once the owners of a single property in Erie, Pennsylvania, we’ve expanded internationally and are now recognized as the leading U.S.-based third-party hotel management company. Along the way, we’ve forged partnerships with major brands in the industry and earned a reputation for high-quality, performance based operations.

Our Vision

To be the leading, independent, multinational hotel operator.

Our Mission

To be the leading, independent multinational hotel operator by creating a rewarding work experience for all of our associates, providing exceptional guest service, and generating superior returns for our owners and co-owners.

Our Values

We didn't just stumble upon our success. Since the beginning, we've believed in delivering excellence by living our core values. It's these values that got us to where we are today and will guide us into the future. If you share these same values you will be a great fit for the Interstate team.

  • INTEGRITY: Strive to do the right thing and display honesty and fairness in all words and actions.
  • TEAMWORK: Consistently identify opportunities to assist your fellow associates.
  • RESPECT: Promote diversity and treat others with mutual trust and respect.
  • EXCELLENCE: Make a difference by delivering exceptional service and performing beyond expectations.
  • INNOVATION: Constantly create new ideas and improve on ways of doing things.
  • COMMUNICATION: Be a leader in your hotel regardless of your position and encourage open communication.
  • SERVICE: Be of service to our guests, our communities, and to each other.