Vice President (Hospitality)

Monroe Consulting Group; Pasig; On-site; PHP 4,000,000 - 8,000,000; Full time

Job summary

Monroe Consulting Group in Pasig invites applications for a Vice President, Asset Management & Operations to lead the planning, development, and operations of a diversified asset portfolio including hotels, offices, and logistics facilities.

Reporting to the President and CEO, you will drive financial performance, operational excellence, risk management, and stakeholder alignment across asset classes, with a focus on maximizing long-term value and capital efficiency.

Qualifications

• Bachelor's degree in Business Administration/Management; CPA required.
• At least 10 years of experience in hotel finance and/or asset management.

Responsibilities

• Oversee budgeting, cost estimates, and financial reports.
• Track and review capital expenditures.
• Ensure financial accountability and cost-effective solutions.
• Protect financial interests and mitigate risks.
• Align assets with owner's vision and requirements.
• Ensure compliance with building codes and regulations.
• Lead risk management and safety compliance.
• Coordinate with owners, hotel brands/operators, and stakeholders.
• Negotiate contracts with vendors and consultants.
• Drive operational excellence across multi-asset classes.
• Manage development or renovation projects from concept to completion.

Skills

Leadership

Stakeholder management

Strategic thinking

Financial acumen

Negotiation

Education

Bachelor's degree in Business Administration/Management

CPA

Tools

PMS

Revenue management tools

Contract management

Job description

Monroe Consulting Group, an Executive Recruitment firm, is partnering with an organisation in the Professional Services industry with significant interests in real estate, hospitality, and tourism facilities to hire a Vice President, Asset Management & Operations. This opportunity is based in Pasig City, Philippines, and offers a strategic leadership role responsible for maximising asset value and ensuring operational excellence across a diverse property portfolio.

Position Overview

The Vice President will oversee the planning, development, and operations of the Group's hotel, office, and industrial/logistics assets to preserve and enhance long-term value.

Reporting directly to the President and CEO, this role is instrumental in driving financial performance, operational effectiveness, stakeholder alignment, and strategic asset growth.

Key Responsibilities

• Review and manage operational budgets, cost estimates, and financial reports.
• Track, review and make recommendations for capital expenditures.
• Ensure financial accountability and cost-effective solutions without compromising quality.
• Ensure financial interests are protected, and risks are mitigated.
• Ensure that the assets continue to meet the owner's vision and requirements.
• Ensure adherence to standards, building codes, and regulations.
• Conduct inspections and quality assurance reviews.
• Manage risk and ensure safety compliance.
• Act as the main liaison between the owner and various stakeholders (including but not limited to hotel brand/operator, project team, property management team, leasing team, tenants, industry organizations, and government agencies).
• Ensure alignment of goals and expectations.
• Facilitate communication and resolve conflicts.
• Represent the owner in meetings and negotiations.
• Review and negotiate contracts with vendors, contractors, and consultants.
• Ensure contractual obligations are met.
• Manage claims and disputes if they arise.
• Support and provide guidance and oversight to operations to maximize asset value.
• Ensure operational efficiency and effectiveness.
• Manage and support operations teams (including but not limited to Hotel Brand/Operator, Leasing, Property Management).
• Oversee and manage property development or renovation projects from concept to completion.
• Assess financial feasibility and risks of proposed projects.
• Coordinate and ensure alignment with project team.

Key Requirements

Qualifications & Experience

• Bachelor's degree in Business Administration/Management, Finance, Hospitality Management, or related field. Must be a CPA.
• At least 10 years of experience in hotel finance and/or asset management.

Technical / Functional Expertise

• Must have understanding of hotel operations, guest experience standards, and brand requirements.
• Familiarity with property management systems (PMS), revenue management tools, and service workflows.
• Experience in operational budgeting, cost management, financial reporting, and capital expenditure planning.
• Knowledge of property development, renovation projects, contract management, and risk assessment.
• Understanding of building standards, regulatory compliance, safety requirements, and quality assurance practices.

Soft Skills & Leadership Competencies

• Strong stakeholder management and relationship-building capabilities.
• Excellent negotiation and conflict resolution skills.
• Strategic thinking with strong commercial and financial acumen.
• Effective communication and presentation skills with the ability to represent ownership interests.
• Proven leadership experience managing cross-functional teams and external partners.
• Ability to drive alignment, accountability, and operational excellence across multiple asset classes.