Manager, Capital Investments and Contracts

Function:

The Manager of Capital Investments & Contracts is responsible for managing capital expenditure efforts that require coordination between the Design and Construction department and other internal and external stakeholders for a real estate investment trust with an investment portfolio of more than 150 hotel assets. Core functions include personnel management, contract management, process management, corporate compliance, reporting, and enterprise information systems administration.

Key Responsibilities:

• Manage the contract administration for capital projects, including the review and preparation of contracts, monitoring contract compliance, and the review and processing of invoices.
• Oversee contract negotiation, providing assistance to project managers and acting as the liaison with the internal legal department.
• Be an e-Builder and Yardi system “Super User,” which includes inputting data, troubleshooting, and maintaining data integrity.
• Process management and improvement.
• Assist with enterprise capital expenditure budget monitoring and provide in-depth financial analysis.
• Lead in training internal and external stakeholders to include 3rd party project managers and property management entities in relation to renovation and maintenance capital expenditure processes.

Skills and Requirements:

• Proficiency in managing corporate and contract compliance. Proficiency in MS Excel, Word, PowerPoint, Project and other industry-related software systems.
• Proficiency with e-Builder and Yardi Voyager Software or other enterprise accounting/project management systems.
• Proficiency in developing budgets and financial modeling tools.
• Excellent analytical abilities.
• Experience leading project teams on complex projects.
• Proficiency in enterprise content management strategies.
• Good judgment and the business acumen to make well-reasoned decisions with respect to matters arising on a day-to-day basis.
• Self-motivated, goal-oriented, and results-driven.
• Skilled professional with excellent interpersonal skills.
• Ability to work effectively as either a team player or independently, in a fast-paced environment while prioritizing projects to ensure timely deliverables.
• Ability to interface with legal, finance, hotel management, and construction and development professionals at all levels.

Education and Experience

• Bachelor’s Degree required
• 5+ years of real estate industry experience preferred
• 4+ years of lodging industry experience a plus
• 3+ years of contract administration experience in a real estate, construction or procurement environment a must
• REIT experience preferred

Work Environment:

• Position is based in Bethesda, MD
• Onsite in the office four days a week, with one designated remote workday

Compensation:

RLJ Lodging Trust offers a competitive compensation package designed to attract and retain top talent.

• Base Salary Range: $120,000 - $130,000
• Annual Incentive: Eligible for a performance-based bonus

Actual compensation will be based on experience, qualifications, and geographic location.

RLJ Lodging Trust is an equal-opportunity employer. We encourage you to apply even if your experience is not a 100% match with the position. We are looking for someone with relevant skills and experience, not a checklist that exactly matches the job description. We want to help you grow and in return, you help us grow into a stronger, more inclusive organization. We celebrate diversity and are committed to creating an inclusive environment for all employees.

EOE

• Health Care Plan (Medical, Dental & Vision)
• Retirement Plan (401k, Roth)
• Life Insurance
• Short Term & Long Term Disability
• Paid Time Off
• Paid Holidays
• Transportation Benefits
• Training & Development
• Free Food & Snacks
• Discounted Health Club Membership
• Franchisor Hotel Discounts