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Vice President of Capital Projects : Job Profile

Employer: Hersha Hospitality Management- HHM
Job Title: Vice President of Capital Projects
Job Location: Philadelphia , Pennsylvania , United States
Job Description:

Lead, support and manage hotel capital improvement projects to support HHMs efforts to deploy approximately $40 MM of capital across 130 hotel properties throughout the United States according to ownership and brand standards. Requires excellence in meeting stringent project deadlines, budget and quality requirements.

Essential Job Functions
Determine project budgets by effectively estimating costs associated with labor, materials and other resources.
Develop, analyze and monitor project budgets and progress and produce regular detailed reports related to same ensuring minimal guest disruption.
Consistent and accurate forecasting of cost and timelines for each project to owners and operators and across internal teams.
Interview, select, train, schedule, coach and support associates, ensuring they perform in accordance with established brand or hotel standards and consistent with HHM core values.
Develop and maintain hotel brand relationships and negotiate project requirements in an effort to meet brand standards and owners expectations related to budget and expectations.
Negotiate with contractors and vendors to achieve best value for labor and materials associated with the property improvement/development plan and in accordance with franchise requirements.
Review, analyze, and interpret construction drawings and specifications.
Visit properties to inspect construction progress and results.
Review development contract documents to ensure compliance with American Institute of Architect standards.
Oversee selection of materials, finishes, etc., for on-going construction projects.
Attend and/or conduct periodical meetings with architect and contractors.
Ensure completion of review of contractor's requisite to compare with completed quantity, ensure quality and ensure specification compliance before processing of payment.
As needed, assist field project managers with coordination with the county and township engineers/employees for securing permits/inspections and to attend meetings.
Follow sustainability guidelines and practices related to HHMs EarthView program.
Practice safe work habits.
Perform other duties as requested by management.
Position Requirements
5 years of experience in development and construction in the hospitality industry.
Bachelors degree in Construction Management or a similar practice and/or significant relevant experience in Construction Project Management with hospitality projects.
Exceptional leadership skills and experience leading a team/department.
Superior communication skills.
Superior analytical skills and extensive experience with analysis/utilization of reports, P&L's and balance sheets to develop budgets and supportable projections.
Extensive project management experience.
Mastery of project accountingand project management software.
Any of the following certifications are highly desirable: Project Management Professional (PMP) certified by the Project Management Institute (PMI) and/or Certified Construction Manager (CCM) certified by the Construction Manager Certification Institute (CMCI).
Work Environment and Context
Frequent travel required.
Required to sit for extended periods, lift up to 30 pounds, bend, reach, use hands and fingers to operate keyboard.
Hersha Hospitality Management (HHM) is an industry-leading and growing hotel management, investment, and development firm that provides turn-key management solutions to hotels across the United States. HHM manages world class brands in the select service and full service markets as well as a collection of independent, boutique hotels in key markets.
Company Description: Hersha means happy when translated from an ancient language rooted in sanskrit and, not coincidentally, is the name of co-founder Hersha Shah, who is also the wife of co-founder Hasu P. Shah.

Like many in the hospitality industry, our company has humble beginnings. Our founders started the business in Harrisburg, PA and, at our first hotels, were operators at the core in fact, they were our earliest front desk agents, room attendants, and outside sales team.

Our founders realized early-on the value of our associates and the importance of providing personal growth, respecting others views, and investing in their employees. Hersha and Hasu recognized the bigger picture and consistently made decisions that would enable long term growth. They had a keen understanding that entrepreneurship alone would not be enough to fulfill the vision of HHM. Building a team and believing in the skills of others would be the only way to build a best-in-class operating company. Growth and scalability required investing in technology and developing process systems early. Strategic and calculated risks empowered our leaders to enter high barrier markets like New York City, Philadelphia, Boston, and Washington D.C., which they knew would lead to higher returns for the company.

The companys core values have not changed since Hersha and Hasu ran their first hotel. The balance of professional pursuits and steady focus on community remain key tenets of the company. The Companys success is shared with associates through continued investment in the business, enabling growth and providing career advancement. We train associates to develop transferable skills and attract people who want to grow with the Company. We demonstrate respect for all individuals and our associates understand that we are more than an investment company; and that serving the guest is what working in hospitality is all about.

Community, in its many forms, remains at the center of Hershas mission: creating an internal community for associates, giving back to the local communities in which hotels operate, and positively impacting communities thousands of miles away through EarthView and other outreach programs.

In these pivotal years of rapid growth, HHM has been able to realize the vision that Hersha and Hasu had nearly a quarter of a century ago while implementing similar measures to ensure continued growth in the future.