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We have an exciting opportunity for a Director, Residential Property Management, EMEA to join the Residential department based in London. This position will support Vice President Residential Property Management and Operations Global in the initial set up and creation of residential and mixed-use assessment budgets as well as providing input to the project mixed-use structures and governing documents. This position will implement packages and tools for a smooth handover to the opening teams. The role will further refine and develop new collateral, tools and references to ensure that stakeholders within Four Seasons and externally are educated and informed during the design/build and pre-opening phase. This position is highly visible, with employee interactions at various levels, both internally and externally.

PROFESSIONAL QUALIFICATIONS: Professional accounting/finance designation preferred.

EDUCATION: University Degree – focus on accounting / finance / real estate & property management / business

Master of Business Administration (MBA) preferred

EXPERIENCE: 8-10+ years of well-rounded experience in industry finance/accounting, project analysis and finance, hospitality and/or mixed-use exposure a plus.

TRAVEL: 15-20%

Development of Carrying Cost for new residential projects (60%)

• Participate in the review and input into residential and mixed-use operating assessment budgets for new residential developments as assigned to ensure that Four Seasons assumptions are incorporated, area reasonable and accurate.
• Provide internal financial analysis regarding new residential projects on finance matters as it relates to types of cost, cost allocation methods, market/internal cost benchmarking as well as residential rental impact as assigned.
• Review and provide input as required into early proforma assessment cost estimates for comparability based on existing data and limited project specifics and articulate range of reasonableness, risks and sensitivities impacting cost.
• Ensure all cost allocation assumptions built into the budget are fair equitable and reasonable between all components in the project
• Understand and reflect market specific requirements regarding taxes, insurance, residential labor rates, union issues that may affect the operating assessment budget
• Monitor the progress and completeness of the operating assessment budget
• Ensure residential budgets reflect all terms and conditions of FS management agreements, governing documents, and other business arrangements etc.
• Support developer and team with analysis required regarding the carrying cost budget
  

Governing Documents/ Project Documents/ Property Management Requirements for new

residential projects

(30%)

• Review all governing documents and management agreements focusing on financial matters and property management related matters to ensure all terms are clear and can be practically managed.
• Establish preliminary timeline and milestones process related to setting up HOA entity (or equivalent) and understand the roles and responsibilities between and developer during this process
• Work closely with the legal teams and developer to ensure the property management setup plan (in terms of entity, homeowner control and their rights) is clear and executable
• Understand the property management licensing requirements for each residential property
• Manage and assist with any processes to obtain the right property management license in the region

Other (10%)

• Provide a complete implementation and handover package as well as orientations to pre- opening team regarding the rationale and references used in the prospectus budget.
• Support Residential Team in research, collate and develop collateral, content and tools to communicate best practices in residential and mixed-use execution
• Support and provide consultation to opened and operating projects as required
• Lead, mentor and develop direct report
• Participate in Residential Conference

KEY BEHAVIOURAL COMPETENCIES/TECHNICAL SKILLS AND KNOWLEDGE

• Consummate team player with an excellent attitude and a strong work ethic.
• Humble leadership qualities, able to lead by example
• Strong interpersonal skills and emotional intelligence.
• High social awareness during difficult discussions and ability to read the room
• Negotiation and tactical thinking, superior judgment.
• Versatility and balance between conceptual and substantial problem solving approaches.
• Ability to work under pressure and manage multiple work streams.
• Recognizes risk, is thoughtful in what matters but avoids analysis paralysis
• Repeated experience in reducing complex and numerous inputs and qualitative considerations to articulate into a limited set of issues for resolution in a very short timeframe
• Excellent focus on detail and accuracy.
• Reference feedback shows respect from all levels (sub, colleague, sup) with respect to how they were treated and competency
• Preference of work activity focuses on business concepts, structuring, designing, but able to translate into detail and steps in order to “operationalize” for execution
• Microsoft Excel / Microsoft Word / Microsoft PowerPoint/ Microsoft Project / Access
• Ability to learn and understand additional technical knowledge and skills as required
• Understanding of the branded residential / real estate and vacation home market and industry
• Good understanding of the hotel market, particularly the luxury segment.

KEY FUNCTIONAL COMPETENCIES

• Strong accounting and finance knowledge.
• Excellent analytical skills a must.
• Proven track record of driving results and self-directed high quality output (written reports, substantive analysis and related insights that drove decision making)
• Balances time and depth adeptly based on risk assessment and context
• Examples of original written work that shows professional business writing skills
• Able to structure business models from limited information
• Examples of original work product that involved financial business modeling
• Repeated experience in reducing complex and numerous inputs and qualitative considerations to articulate into a limited set of issues for resolution in a very short timeframe
• High degree of reading comprehension (speed, focus and deconstruction of information based on importance and auctioning)
• Has solid exposure and knowledge of the various functions within an operating company regardless of the industry (i.e. has worked in/with various areas across the value chain and not just a single area for

too long)

All internal applications must be submitted and approved in workday by January 15, 2023.