Portfolio Manager- Lawrence, MA

LAZ ParkingLawrence, MA
Hybrid

About The Position

The Portfolio Manager supports the Director of Operations or General Manager with complete oversight of the financial, operational, safety and service-related success within their portfolio of hotels. The Portfolio Manager position does not directly manage operations for any one specific hotel, but supports a team of Area Managers, Hospitality Managers, etc., in achieving the above goals.

Requirements

  • Bachelor's Degree or equivalent work experience required.
  • 5+ years in Management role.
  • Must have experience managing P&Ls.
  • Must be willing to travel to different hospitality locations on a daily/weekly basis as needed to support operations.
  • Experience managing multi-site facilities is required.
  • Valid driver’s license required.
  • Previous experience working in fast-paced environment with high customer expectations.
  • Knowledge of Excel, Word, Power Point and General Microsoft Office Applications.
  • Ability to communicate professionally and effectively.
  • Ability to speak, read, and comprehends the English language.
  • Must be open to feedback, differing opinions and other points of view.
  • Demonstrates a sense of urgency and timeliness.
  • Demonstrate the ability to seek improvement.
  • Excellent teambuilding and interpersonal skills.
  • Ability to produce and maintain an acceptable driving record and unrestricted drivers’ license.

Nice To Haves

  • Prior experience in the hospitality industry (Parking, Restaurants, Hotels, etc.) is preferred.

Responsibilities

  • Responsible for the financial, operational, safety and service success at their portfolio.
  • Managing, planning, scheduling, training, and directing the activities of the portfolio management team.
  • Ensure that increased revenue, controlled expenses, and customer satisfaction is maximized by maintaining the highest level of safety & service thresholds and initiatives that are aligned with the expectations of our various clients.
  • Ensure daily stand up meetings and resume meetings scheduled by client are attended by either Area Managers, Hospitality Managers or Assistant Hospitality Managers.
  • Ensure LAZ internal stand up meetings (Pre-Shifts) are held each shift through Hospitality Managers, Assistant Hospitality Managers, Supervisors, or Shift Leads.
  • Assist with the management and development of the Hotel Portfolio team to accomplish annual and periodic goals/initiatives, while embodying and using LAZ Parking’s culture as a guideline.
  • Identify high potential employees to support the organization’s continued growth, both within your region and outside.
  • Actively participate in the recruiting and onboarding process for prospective.
  • Ensure all safety initiatives from the National Safety & Training Manager, Hospitality are rolled out to new and existing employees.
  • Any and all safety concerns are reported to the Hospitality Manager for review and suggestions on how to improve safety at your hotel.
  • Drive service results and establish goals by monitoring and responding to results from LAZ Service Shopper Reports and hotel internal service metrics.
  • Responsible for cultivating client relationships and business retention.
  • Implement and complete other projects, programs, and initiatives that may arise from the operation of assigned hotel(s).
  • Understand, implement, and deliver all requirements that are outlined within the contractual agreement between LAZ Parking and our clients.
  • Responsible for planning and executing plan for the opening of new locations within their assigned portfolio.
  • Assist the region with business development proposals and presentations, as needed.
  • Prepare, review, and submit parking agreements within the market to the DOO/General Manager for completion.
  • Responsible for claims and safety related training, prevention initiatives, and claims processing including claims investigation, client and guest follow-up, and compliant reporting.
  • Responsible for overall financial success including audit compliance and ensuring the operation follows audit protocol.
  • Responsible for payroll processing; ensuring sign off on hours in timely manner; collaborate with the local payroll department to ensure pay data is completed properly; work with Human Resources Business Partner to ensure proper wage and hour compliance.
  • Responsible for ensuring LHIST data is entered daily and accurately.
  • Responsible for financial management of assigned location ensuring adherence to budget and revenue enhancements as it relates to staffing, scheduling and operational expenses.
  • Daily, Weekly, Monthly, and Annual financial and operational reports as required.
  • Preparation of budgets/monthly reviews of profit/loss for their assigned portfolio.
  • Monitor, review, and analyze the market rate structures.

Benefits

  • Great Base Pay
  • Growth Opportunities
  • Paid training
  • Free company uniform
  • Health Coaching & Resources
  • Employee Assistance Program (EAP)
  • Smoking Cessation Program
  • 401(k) with Employer Match
  • Medical, dental, vision – 3 plan options!
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