Consultant - Hospitality Tourism & Leisure Advisory Services

• Sep 2023 - Present

Asset Management Consultant

• Jul 2022 - Aug 2023

Asset Manager

• Aug 2021 - Jun 2022

Senior Consultant - Asset Management

• Jun 2021 - Aug 2021

Hotel Asset Management Review and approve the Annual Operating Budget and Capital Expenditure Plan presented by the Hotel Operator as permitted by the terms of HMA. Conduct monthly Profit and Loss departmental performance reviews versus budget, prevailing market trends and historical/benchmark data with key emphasis to Revenues, analyze Departmental expenses to ensure cost management practices are being applied, monitor incremental drop-through, Gross Operating Profit, Owner’s Return and Rolling forecasts.Identify possible options to overcome shortfalls, agree on a Profit Protection Plan and monitor the progress of Action Plan by the Hotel Operator. Monitor staffing levels, outsourced services, employee ratios per department and employee turnover versus budget and comparable properties of a similar size and positioning. Verify quality standards and guest satisfaction results at frequent intervalsPre-Opening Advisory Review FF&E and OS&E strategy to ensure suitable /alternative brands/quality levels in order to maximize quality/costReview and challenge the Pre-Opening Budget, Cash Flow, and initial Working Capital, but not limited to Pre-Opening requirements such as key operational milestones, permits, Owner matters, account set-up etc.Conduct detailed review of the first-year operational budget and marketing plans against benchmark comparisons to achieve realistic and industry reflective outcomeMaintain an ongoing interface and coordination role with the Operator to ensure Client’s interests are maintained and Operator requests remain reasonable and in line with hotel positioning and industry norms.Hotel Operator Selection & Negotiation Participate in negotiation meeting of LOI/MOU with a focus on evaluating the key commercial terms of the HMA or Franchise agreement Conduct comparison of commercial terms and theoretical fee calculation analysis of various brands to shortlist the suitable brand for the project type Show less

Business Analysis Consultant (Asset Management)

• Jul 2015 - Jun 2021

Finance Executive

• Jun 2011 - Jun 2015

• Responsible for the entire ‘Accounts Receivable’ section under Financial Accounting- invoicing hotels from pre-opening stage till the actual open date in timely schedules and deadlines. • Following up for payments and involved in Credit Meetings to chase with Project Directors for updates on Project Status and Management Agreements. • Managing and posting journal entries for several ‘Jumeirah Overseas Management Companies’ that consolidate within the Jumeirah Group Entity. • Involved partially in the General Ledger section for preparing prepayments and accruals (expenses), analysis of reservations, management fees and loyalty income for all Jumeirah Owned & Managed hotels on a monthly basis. • Reviewing monthly P&Ls to judge the accuracy of postings into the correct chart of accounts and departments and analyzing the different expense types within the expense categories. • Creating AR Executive and Dashboard Reports for the Corporate Directors showing the true picture of bad debts which are provisioned for, balances not due and the actual outstanding. • Meeting with the reporting deadlines and preparing monthly balance sheet reconciliations for review. • Assisting in audits held at Jumeirah Group by providing informative back-ups on detailed requests as support for the financials. • Establishing a close liaison with other departments to monitor their budgets and forecasts. • Leading, supervising and monitoring team members by sharing knowledge to ensure smooth month-end operations. Show less