Asset Manager

**Job Title: Asset Manager – Hospitality (Owner’s Representative)**

**Company: Krish (Raipur) Hotels Pvt. Ltd.**

**Location: Raipur, Chhattisgarh**

**Reporting To: Ownership / Promoter Group**

**Role Overview:**

We are seeking an experienced Asset Manager for a branded, luxury hotel who will act as the Owner’s Representative while also leading the Engineering & Maintenance function. The role will be involved from the construction/pre-opening stage through stabilization, ensuring optimal asset performance, cost efficiency, and alignment with ownership objectives.

The ideal candidate will possess a strong understanding of end-to-end hotel Commercials, operations, technical systems, and capital planning, with the ability to bridge the gap between ownership, operator, and project teams.

**Key Responsibilities:**

**1. Owner’s Representation & Asset Management**

• Act as the primary interface between Ownership and Hotel Operator.
• Monitor and drive asset performance (financial, operational, and service standards).
• Review budgets, business plans, and operational strategies to ensure alignment with ownership objectives.
• Track KPIs including GOP, RevPAR, EBITDA, and cost benchmarks.
• Provide strategic inputs to enhance asset value and long-term returns.
• Negotiation review commercials with operation.

**2. Pre-Opening & Construction Phase Involvement**

• Participate from the construction stage to ensure operational efficiency is embedded in design and execution.
• Review layouts, BOQs, and technical specifications from an operational and maintenance perspective.
• Identify cost optimization opportunities without compromising brand standards.
• Support procurement planning, vendor selection, and value engineering initiatives.
• Coordinate with consultants, contractors, and brand representatives for smooth project execution.

**3. Engineering & Maintenance Leadership**

• Head the Engineering & Maintenance department post-opening.
• Establish preventive and predictive maintenance systems.
• Ensure optimal performance of all MEP systems (HVAC, electrical, plumbing, fire safety, etc.).
• Manage annual maintenance contracts (AMCs) and service vendors.
• Drive sustainability initiatives, energy efficiency, and cost control measures.

**4. Operational Oversight**

• Maintain a strong understanding of all hotel functions including Rooms, F&B, Banquets, and Back-of-House operations.
• Collaborate with the operator to improve service delivery and guest satisfaction.
• Ensure compliance with brand standards, statutory regulations, and safety norms.

**5. Financial & Cost Management**

• Monitor CapEx and OpEx budgets related to engineering and asset upkeep.
• Identify opportunities for cost savings and operational efficiencies.
• Oversee lifecycle planning for major equipment and asset replacement.

**Key Requirements:**

• Bachelor’s degree in Engineering (Mechanical/Electrical preferred) or Hospitality Management.
• 10–15 years of experience in hospitality, with exposure in **5 Star** hotel operations.
• Strong experience in engineering/maintenance along with operational exposure.
• Prior experience in asset management, owner’s representation, or pre-opening projects is highly preferred.
• Strong commercial acumen with understanding of hotel financials and KPIs.
• Ability to work across project execution, pre-opening & operations.

**Key Skills:**

• Asset Management & Financial Analysis
• Hotel Operations Knowledge
• Project Management & Pre-Opening Expertise
• Vendor & Contract Management
• Cost Optimization & Value Engineering
• Leadership & Stakeholder Management

**Preferred Profile:**

• Experience working with branded hospitality chains (**e.g., Taj, Marriott, Hyatt, etc**.).
• Exposure to green building practices, sustainability, and energy management systems.
• Strong problem-solving and decision-making abilities.

Pay: ₹1,500,000.00 - ₹2,700,000.00 per year

Benefits:

• Cell phone reimbursement
• Food provided
• Provident Fund

Work Location: In person