Senior Manager, Asset Management (Frasers Hospitality)

Frasers Property • Full-time • Singapore, Singapore • 2w ago

Primary Role

This role serves as the capital steward for a defined group of assets within a global hospitality real estate portfolio, with accountability for delivering their performance in line with approved business plans. It combines asset strategy with hands-on execution and reports directly to the Director, Asset Management.

Key Responsibilities

Modelling & Papers

Build, own and maintain asset-level financial models from first principles
Model Asset Enhancement Initiatives (AEIs) business cases, hold/sell scenarios and operator structure alternatives
Author strategic and approval papers for management and Board decisions

Business Planning & Performance

Prepare and own the annual business plan for each assigned asset
Negotiate and defend annual Operating and CapEx Budgets with operators
Monitor RevPAR, GOP margin, NOI and property-before-tax cash flow against budget and comp set
Prepare analysis underpinning hold strategy, exit timing and hold/sell reviews

Operator Management

Run monthly owner’s meetings and drive the commercial agenda
Challenge operator strategy on segmentation, rate and yield, F&B and cost productivity
Benchmark performance and escalate underperformance with a remediation plan
Apply Hotel Management and Lease agreement terms; support the Director on negotiations

Asset Enhancement & Capital Projects

Originate AEIs and repositioning opportunities; build the ROI, ROCE and IRR case
Deliver projects end to end: consultant selection, procurement, budget and programme control
Report realised returns post-completion against the approved business case

Valuation, Reporting & Operations

Run the annual valuation exercise, including RFP and process management
Prepare monthly and quarterly asset reports; liaise with auditors and external advisors
Oversee property and facility management partners, consultants and contractors

Key Qualifications

9+ years of relevant real estate asset management in operating assets; hospitality preferred
Advanced modelling- able to build an asset-level cash flow model from a blank sheet
Quantifiable track record of value creation across assigned assets
Experience managing third-party hotel operators, including budget negotiation
AEI or refurbishment delivery from feasibility through completion; feasibility and ROCE analysis
Skills in monitoring, benchmarking, and supporting hotel operators, with prior experience integrating ESG measures into assets
Concise, decision-oriented paper writing for senior audiences
Hands-on and pragmatic; effective in a lean environment
Degree in Real Estate, Finance, Business or Hospitality
Collaborative team player with a professional and approachable demeanour
Strong communication, presentation, and stakeholder management skills
Grounded, adaptable mindset with a proactive, solution-oriented approach

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