Benefits:

Competitive salary

Opportunity for advancement

Training & development

The asset manager for The Yachtsman and Sandcastle South is crucial in driving the overall performance and strategic direction of these properties. The job responsibilities include:

1. Manage Asset Level Performance: • Monitor and analyze performance indicators to ensure optimal asset performance. • Identify key gaps in performance and develop strategies to improve performance and maximize asset value. • Identify areas of risk, both on a property level and a business level, and take actionable mitigation steps to protect each asset.

2. Formulation of Budgets and Cash Flow Projections: • Prepare monthly and annual budgets to alignment with financial goals and operational objectives. • Develop detailed cash flow projections to support decision-making and identify potential funding needs. • Regularly review and adjust financial plans based on market conditions and asset performance.

3. Oversee Day-to-Day Operations: • Manage the onsite team as the primary conduit between ownership and onsite operations. • Coordinate with the property management team to identify operational needs and implement requisite solutions. • Negotiate contracts with third party vendors.

4. Capital Partner Reporting and Relations: • Provide all required monthly, quarterly, and annual financial reports to our lenders on our assets. • Provide quarterly investor reports to our investors on our assets detailing historical performance, projected returns, and next steps for each asset. • Lead weekly meetings with investors and key stakeholders to discuss asset performance. • Serve as the primary point of contact for capital partners, maintaining open and transparent communication.

5. Identify and Implement Strategic Initiatives and Capital Improvements: • Identify opportunities for growth and improvement of the performance of the asset (Examples include- improved property management systems, marketing strategies, payroll management, contract quality, online presence, guest satisfaction, room quality) • Evaluate and prioritize potential capital projects to maintain the health of the properties and set them up for long-term success. • Lead the execution of the subject capital projects.

Compensation: $85,000 + bonus

The role of Hybridge Capital Management’s asset manager requires a diverse skillset and someone who is comfortable wearing multiple hats. The role is exciting and provides ample opportunity for career growth as HCM grows its portfolio. Please upload your resume and cover letter and we will reach out with next steps to schedule a phone interview. We look forward to welcoming our next all-star to the team.