Acquisitions Analyst
Apply NowCompany: Schulte
Location: Louisville, KY 40214
Description:
Schulte Hospitality Group (SHG) is seeking a dynamic, service oriented Acquisitions/Analyst Associate to join our Corporate team in Louisville, KY! SHG is an organization whose success is rooted in its service culture. Our mission is to exude hospitality, be respectful and authentic, prioritize the needs of our internal and external stakeholders above our own, and continuously strive to make a positive impact in all we do. We are passionate hoteliers, eager to add like-minded people to our rapidly growing team!
What's in it for you? When you join SHG, you'll be part of a team committed to an inclusive, employee-focused workplace that is invested in your development. We want you to feel engaged, empowered, and excited to grow with us. After all, we believe our greatest and most valuable asset is our people! SHG provides a rewarding, fun and flexible work environment, exciting perks, a robust benefit package and an atmosphere designed to encourage and promote career growth within the company.
Our Company: Schulte Hospitality Group is a division of Schulte Companies, a leading third-party management company with deep, multi-generational experience in all facets of the hospitality industry. We are a diverse team of innovative hoteliers and restauranteurs operating more than 200 locations across 38 states and 3 countries. Our portfolio includes a wide array of reputable brands like Marriott, Hilton, IHG and Hyatt as well as many unique, independent, boutique and lifestyle properties and restaurants.
JOB DUTIES AND RESPONSIBILITIES
EDUCATION AND EXPERIENCE
KNOWLEDGE, SKILLS AND ABILITIES
PERKS/BENEFITS
Work Today, Get Paid today with Daily Pay!
In addition to Daily Pay, Schulte Hospitality Group offers a robust selection of perks/benefits that include, but aren't limited to: Paid Time Off, Unlimited Referral Bonuses, Growth and Career Opportunities, Hotel Discounts, 401K, Health/Dental/Vision Insurance, Short-Term/Long-Term Disability, Flexible Spending Accounts, Health Savings Account, Pet Insurance, Dependent Tuition Benefits, EAP Program, Marketplace Discounts at various retailers such as Disney, Apple, AT&T, Verizon and more, and a flexible and fun working environment!
*Schulte Hospitality Group is an Equal Opportunity Employer
What's in it for you? When you join SHG, you'll be part of a team committed to an inclusive, employee-focused workplace that is invested in your development. We want you to feel engaged, empowered, and excited to grow with us. After all, we believe our greatest and most valuable asset is our people! SHG provides a rewarding, fun and flexible work environment, exciting perks, a robust benefit package and an atmosphere designed to encourage and promote career growth within the company.
Our Company: Schulte Hospitality Group is a division of Schulte Companies, a leading third-party management company with deep, multi-generational experience in all facets of the hospitality industry. We are a diverse team of innovative hoteliers and restauranteurs operating more than 200 locations across 38 states and 3 countries. Our portfolio includes a wide array of reputable brands like Marriott, Hilton, IHG and Hyatt as well as many unique, independent, boutique and lifestyle properties and restaurants.
JOB DUTIES AND RESPONSIBILITIES
- Underwrite an acquisition deal, analyzing historical financial metrics and competitor set performance data to build a pro forma in a robust financial model
- Build sensitivity analyses to demonstrate the upside potential and downside risk of specific factors on a deal
- Conduct due diligence for the deal, incorporating local market data and developments, third-party property reports, local tax rates and policies, hotel franchise fees, and new supply data into the analysis
- Draft an investment memo highlighting the key characteristics of the deal and its overall financial impact on the company and other investors, including net operating income, cash flow, and IRR
- Additional analyses as required to support debt financing of existing assets, disposition of assets, and acquisition of new management contracts.
- Consults with: Capital Partners, CEO, Executive Team, Operations teams, Revenue Management/Sales teams, hotel general managers
EDUCATION AND EXPERIENCE
- 4 year college degree in finance, economics, math, business, or engineering
- Strong GPA (3.5 or higher) with challenging course load
- 2-4 years of real estate acquisitions, top-tier management consulting, or investment banking experience preferred, or 3-5 years of financial reporting and analysis experience
- Advanced Excel skills (financial modeling, complex formulas, etc) preferred
- Proficient in other Microsoft Office applications (Outlook, PowerPoint, Word)
- Hotel real estate experience a plus, but not required
- Position based in Louisville, KY HQ strongly preferred
KNOWLEDGE, SKILLS AND ABILITIES
- Interested in learning new things and excellent ability to do so quickly
- Strong attention to detail
- Quantitative acumen
- Analytical thinker - ability to understand a complex situation and build a financial model to calculate the impact of various drivers/variables
- Excellent organizational skills
- Strong written skills, with the ability to communicate both high-level and detailed aspects of an acquisition in clear, concise language
- Ability to multi-task, working on several different projects at once
- Good interpersonal skills. Must be comfortable interacting with and presenting to senior leadership and external stakeholders
- Intermediate modeling skills in Microsoft Excel
PERKS/BENEFITS
Work Today, Get Paid today with Daily Pay!
- Track your daily income with updates after every shift you work
- Transfer your earnings instantly or next day
- Automatically save a portion of your paycheck
In addition to Daily Pay, Schulte Hospitality Group offers a robust selection of perks/benefits that include, but aren't limited to: Paid Time Off, Unlimited Referral Bonuses, Growth and Career Opportunities, Hotel Discounts, 401K, Health/Dental/Vision Insurance, Short-Term/Long-Term Disability, Flexible Spending Accounts, Health Savings Account, Pet Insurance, Dependent Tuition Benefits, EAP Program, Marketplace Discounts at various retailers such as Disney, Apple, AT&T, Verizon and more, and a flexible and fun working environment!
*Schulte Hospitality Group is an Equal Opportunity Employer