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Chief Operating Officer

Company: Better Talent by Laveer & Co.
Location: Philadelphia
Posted on: June 12, 2024

Job Description:

COMPANY OVERVIEW:

At Sosuite, we're redefining travel experiences. Our journey began in 2019, fueled by passion and an entrepreneurial spirit for transforming apartments into unique, playful, and homey suites for the modern traveler. Despite managing 400 units across 16 buildings, Sosuite is still a pre-seed startup in its early stages, constantly evolving to shape the future of hospitality. This is your chance to be part of something incredibly special, with exciting growth on the horizon.

With each suite we design and every partnership we form with like-minded owners and real estate developers, we reinforce our commitment to turning assets into profitable hospitality operations from day one. Our Philadelphia foundation, driven by a team of over 50 dedicated employees, is just the beginning. Embracing the flexibility, agility, and pioneering spirit that brought us here.

As we scale, we are committed to prioritizing our staff's professional growth and well-being. We offer quarterly team-building events, cutting-edge technology support, competitive compensation, and comprehensive benefits and perks. Our environment is fast-paced, dynamic, and ever-evolving-perfect for those who thrive on innovation and are driven to excel.

POSITION SUMMARY:

As Chief Operating Officer, your role will be pivotal in steering our operations. With innovative and streamlined solutions, you will transform high-level strategies into executable plans, ensuring seamless integration with our ambitious growth objectives. Your operational expertise will be the key to our internal team's success, requiring a deep understanding and hands-on experience in managing complex operations.

You are our ideal candidate if you have held a leadership position in property management, real estate, or hotel/lodging. Your previous management of large teams and portfolios will be a driving factor for your success.

Three Key Areas of Responsibility:


  • Operational Leadership:Leading the full operational setup of Sosuite, boosting efficiency and making sure guests have an exceptional experience.
  • Strategic Implementation and Business Development: Developing strategic plans for business growth, market expansion, and portfolio diversification is crucial. Your experience in identifying new opportunities, negotiating partnerships, and driving revenue growth is valuable.
  • Financial Management Skills: Lead strategies to dramatically enhance revenue streams and judiciously curtail costs, all while upholding our high standards of service and quality for each stay. You will be responsible for the company's key financial metrics.

    What's in it for You:

    • Career Milestone: Stepping into this role represents the opportunity to see your ideas and leadership make a significant difference.
    • Professional Evolution: You will have the opportunity to build on an already successful portfolio in a specific market while also defining and building teams to expand the Sosuite brand.
    • Recognition and Reward: Benefit from a competitive compensation package with bonuses and equity options, reflecting your critical role in our success.

      RESPONSIBILITIES:

      • Provide strategic leadership and direction to drive the growth and success of the company.
      • Oversee all aspects of operations, including property management, guest services, and maintenance, ensuring high standards of efficiency and customer satisfaction.
      • Develop and implement long-term strategic plans to optimize revenue, minimize costs, and maximize profitability across the portfolio.
      • Lead and motivate a diverse team of professionals, fostering a positive work culture and promoting collaboration and innovation.
      • Build and maintain strong relationships with property owners, investors, vendors, and regulatory authorities. Monitor market trends, identify opportunities for growth and expansion, and adapt strategies accordingly.
      • Ensure compliance with all relevant regulations, laws, and industry standards.

        QUALIFICATIONS:

        • 2+ years of senior leadership experience in property management, real estate, or hotel industries.
        • Strong operational background with real estate finance, budgeting, and financial analysis expertise.
        • Demonstrated success in team building, leadership, and strategic planning.
        • Excellent communication, negotiation, and relationship management skills.
        • Ability to thrive in a fast-paced, dynamic environment and adapt to changing circumstances.
        • High level of integrity, professionalism, and ethical conduct.

          COMPENSATION & BENEFITS:
          Annual Salary: $100,000 - $130,000 base salary based on experience and achievement

          Bonus: Performance-based bonuses and equity options to foster a sense of ownership and shared success.

          Benefits:

          • Paid time off, such as PTO, sick days, and vacation days
          • Health insurance
          • Life insurance
          • Dental insurance
          • Vision insurance
          • Retirement benefits with 401k matching
          • Workplace perks such as recreation activities, food and coffee, and flexible work schedules
          • Opportunity for professional growth and advancement

            Schedule: Weekdays from Monday to Friday with the flexibility to work evenings and weekends as needed.

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Keywords: Better Talent by Laveer & Co., Philadelphia , Chief Operating Officer, Executive , Philadelphia, Pennsylvania

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