Analyst, Financial Planning & Analysis
Apply NowCompany: BRE Hotels and Resorts
Location: New York, NY 10025
Description:
BRE Hotels & Resorts is Blackstone's U.S. hospitality platform focused on the ownership of luxury, upper-upscale, extended-stay and select-service hotels. The company provides investors with expertise in asset management, revenue management, financial planning and analysis, investment underwriting, and other professional services.
About Us:
BRE Hotels & Resorts is a hospitality real estate ownership platform backed by the world's largest alternative asset manager. BRE delivers industry-leading returns for stakeholders across a portfolio of 80+ full and select service hotels throughout the United States, including Hawaii. Our owned assets range from upper midscale hotels to luxury resorts. BRE is headquartered in New York City.
Overview:
As a member of the Financial Planning & Analysis team at BRE Hotels & Resorts, the FP&A Analyst provides operational, financial, and analytical support to multiple departments, including C-Suite, Asset Management, Investments, and Design & Construction. The FP&A Analyst will collaborate closely with management to analyze and identify opportunities for growth and profitability. The support provided enables our Executive team to make critical decisions that drive overall business performance. This position is a great entry-level opportunity to interact daily with senior leadership while gaining invaluable exposure to all facets of the hotel real estate industry. The successful candidate will report to the Senior Vice President, Finance.
As of the date on which this job advertisement is posted, the Company anticipates that the base salary range for this role is $100,000 - $110,000 (this represents the presently-anticipated low and high end of the Company's base salary range for this position). Total direct compensation may also include discretionary bonus and/or incentive compensation. Actual base salary range may vary based on various factors, including but not limited to location and experience.
Responsibilities:
As the FP&A Analyst, one is held accountable to but, not limited to, the following job functions:
Essential Job Requirements
Key Skills and Qualifications:
Base Compensation Range:
$100,000.00 To $110,000.00. This represents the presently-anticipated low and high end of the Company's base compensation range for this position. Actual base compensation range may vary based on various factors, including but not limited to location and experience.
Total Direct Compensation: This job is also eligible for discretionary bonus and incentive compensation on an annual basis.
Benefits: The Company provides a variety of benefits to employees, including health insurance coverage, retirement savings plan, paid holidays and paid time off (PTO).
The additional total direct compensation and benefits described above are subject to the terms and conditions of any governing plans, policies, practices, agreements, or other materials or documents as in effect from time to time, including but not limited to terms and conditions regarding eligibility.
Please review the job applicant privacy notice here.
EEO Statement
BRE Hotels & Resorts is an equal opportunity employer. In accordance with applicable law, we prohibit discrimination against any applicant, employee, or other covered person based on any legally recognized basis, including, but not limited to: veteran status, uniformed servicemember status, race, color, caste, immigration status, religion, religious creed (including religious dress and grooming practices), sex, gender, gender expression, gender identity, marital status, sexual orientation, pregnancy (including childbirth, lactation or related medical conditions), age, national origin or ancestry, citizenship, physical or mental disability, genetic information (including testing and characteristics), protected leave status, domestic violence victim status, or any other consideration protected by federal, state or local law. We are committed to providing reasonable accommodations, if you need an accommodation to complete the application process, please email talent@revantage.com
About Us:
BRE Hotels & Resorts is a hospitality real estate ownership platform backed by the world's largest alternative asset manager. BRE delivers industry-leading returns for stakeholders across a portfolio of 80+ full and select service hotels throughout the United States, including Hawaii. Our owned assets range from upper midscale hotels to luxury resorts. BRE is headquartered in New York City.
Overview:
As a member of the Financial Planning & Analysis team at BRE Hotels & Resorts, the FP&A Analyst provides operational, financial, and analytical support to multiple departments, including C-Suite, Asset Management, Investments, and Design & Construction. The FP&A Analyst will collaborate closely with management to analyze and identify opportunities for growth and profitability. The support provided enables our Executive team to make critical decisions that drive overall business performance. This position is a great entry-level opportunity to interact daily with senior leadership while gaining invaluable exposure to all facets of the hotel real estate industry. The successful candidate will report to the Senior Vice President, Finance.
As of the date on which this job advertisement is posted, the Company anticipates that the base salary range for this role is $100,000 - $110,000 (this represents the presently-anticipated low and high end of the Company's base salary range for this position). Total direct compensation may also include discretionary bonus and/or incentive compensation. Actual base salary range may vary based on various factors, including but not limited to location and experience.
Responsibilities:
As the FP&A Analyst, one is held accountable to but, not limited to, the following job functions:
- Support key hotel-level financial analyses for the company, including analyzing profit and growth opportunities, as well as multi-year forecasts and annual budget processes
- Work alongside asset and revenue management teams to improve asset/portfolio performance
- Champion all daily, weekly, monthly, quarterly reporting requirements, ensuring accurate and timely delivery
- Utilize business intelligence tools to build reports and promote self-service reporting
- Execute data automation strategies and reporting processes
- Partner in the development of complex forecasting models and analytics to improve operational efficiencies
- Collaborate in opportunistic ROI analyses and capital allocation decisions
- Conduct extensive research and perform financial analysis on the hospitality and real estate industries
- Assist in the preparation of trimester Board of Directors presentation materials
- Create various ad hoc reports and perform analyses as required
Essential Job Requirements
- Bachelor's degree, preferably in Hospitality/Hotel Management, Business, Finance, or Real Estate
- Minimum of 1-3 years of related business experience
Key Skills and Qualifications:
- Attention to detail
- Intellectual curiosity
- Advanced proficiency in Microsoft Office, primarily Excel, and PowerPoint, with an emphasis on database and Business Intelligence tools
- Solid understanding of foundational accounting based on USALI (P&L and Balance Sheet) and traditional finance cycle (Annual Plan, Forecast, etc.)
- Firm grasp of technical corporate finance concepts (NPV, IRR, cost of capital)
- Innovative financial analysis, forecasting, and modeling skills with the ability to translate analysis quickly into practical results
- Proven ability and maturity to work and learn new systems in a fast-paced and dynamic environment
- Excellent written and verbal communication skills, with the ability to interface effectively at all levels in the organization
- Smart, hard-working, detail-oriented, proactive, ambitious, and responsible, with strong interpersonal skills and teamwork/partnering ability
- Ability to prioritize multiple projects, working both independently and as part of a team to ensure timely deliverables
Base Compensation Range:
$100,000.00 To $110,000.00. This represents the presently-anticipated low and high end of the Company's base compensation range for this position. Actual base compensation range may vary based on various factors, including but not limited to location and experience.
Total Direct Compensation: This job is also eligible for discretionary bonus and incentive compensation on an annual basis.
Benefits: The Company provides a variety of benefits to employees, including health insurance coverage, retirement savings plan, paid holidays and paid time off (PTO).
The additional total direct compensation and benefits described above are subject to the terms and conditions of any governing plans, policies, practices, agreements, or other materials or documents as in effect from time to time, including but not limited to terms and conditions regarding eligibility.
Please review the job applicant privacy notice here.
EEO Statement
BRE Hotels & Resorts is an equal opportunity employer. In accordance with applicable law, we prohibit discrimination against any applicant, employee, or other covered person based on any legally recognized basis, including, but not limited to: veteran status, uniformed servicemember status, race, color, caste, immigration status, religion, religious creed (including religious dress and grooming practices), sex, gender, gender expression, gender identity, marital status, sexual orientation, pregnancy (including childbirth, lactation or related medical conditions), age, national origin or ancestry, citizenship, physical or mental disability, genetic information (including testing and characteristics), protected leave status, domestic violence victim status, or any other consideration protected by federal, state or local law. We are committed to providing reasonable accommodations, if you need an accommodation to complete the application process, please email talent@revantage.com