Vince Procacci Email & Phone Number

Boca Raton, Fl, Us

Providence, Rhode Island, Us

hotelAVE is the industry's leading hotel asset management firm.⌨ Learn more about our services at: www.hotelave.com As Asset Manager, I am accountable for managing a portfolio of 3 hotels – including capital expenditure planning, product positioning, revenue maximization, and cost reduction – to enhance asset value and maximize profit potential. Some of my accomplishments include:➥ Drove sustained improvements in key performance metrics – including ADRs, RevPARs, occupancies, and daily expenses.➥ Designed strategies to develop value-added opportunities via operational improvements and capital expenditures.➥ Partnered with GMs and other executives to develop hotel revenue management strategies and cost containment programs.➥ Conducted in-depth assessments of income statements; developed detailed analyses to maximize revenues, minimize expenses, and improve asset performance.

Stamford, Ct, Us

As Senior Financial Analyst, I was tasked with developing integrated financial models, forecasts, and analyses to interpret key data, identify revenue opportunities and acquisition targets, optimize P&L performance, and provide recommendations for improving corporate assets. Some of my contributions include:➥ Led business development efforts to identify lucrative opportunities in the hospitality/lodging sector.➥ Evaluated financial documents to analyze potential acquisitions valued at $180-200MM and identify underpriced acquisition targets.➥ Served as key resource, partner, and trusted advisor to the CFO; provided analytics to support the executive decision-making process.➥ Performed contract reviews and managed special projects as assigned. ➥ Optimized the logistics tracking system to provide enhanced visibility into 300+ truckloads of surplus shipments.➥ Analyzed, optimized, and streamlined mission-critical workflows.➥ Coached staff in the company’s complex, barter-based business model; empowered sales personnel to better articulate the company’s unique value proposition. ➥ Conducted market research and data mining to identify optimal conference/trade show opportunities.

Miami, Florida, Us

I joined Aztec Group in 2019, where I provided financial and analytical support for a broker to guide development and asset management activities (including hospitality acquisitions). Here are some of the ways I’ve made positive contributions to business performance:➥ Managed a portfolio of 35 Canada and US-based hotels with 6K+ rooms.➥ Drove sustained improvements to asset profitability and ROI.➥ Underwrote hospitality development, acquisition, and disposition deals valued at $500MM+.➥ Employed waterfall modeling to analyze investment returns.➥ Analyzed the local market to assess comparable properties. ➥ Reconciled financial statements, budget projections, and forecasts.➥ Produced quarterly financial reporting and portfolio analyses for equity investors including historical financial performance, performance relative to the market, distribution information, and updated lending figures.➥ Capitalized on government/municipality incentives valued up to $600K.

Between 2016 and 2017, I supported key finance operations on top of traditional VP responsibilities. I conducted in-depth reviews of financial statements – including sales revenue, costs, expenses, and budget variances – at the dual brand Hilton Hotel.I also developed financial models and forecasts, reconciled project costs, consolidated and analyzed monthly results and budgets, and delivered routine presentations to the franchise owner. Some of my additional contributions include:➥ Overhauled the purchase order/declining checkbook process.➥ Reduced line-item expense overages by 15%.➥ Delivered recommendations for the management team to strengthen P&L performance.

Between 2013 and 2017, I managed a major flagship hospitality project to oversee the construction of an 11-story, 180K sq. ft., LEED certified Hilton Hotel in Miami – including capital improvements, real estate development, contract negotiations, site selection, budgeting, scheduling, resource management, underwriting, due diligence, feasibility studies, and equity and debt placement. Some of my key contributions include:➥ Collaborated with contractors, building owners, and stakeholders to manage property improvement and CapEx projects such as restaurant renovations and office buildouts.➥ Introduced robust cost controls and revised change orders to deliver $100K+ in cost savings (2016).➥ Reviewed project plans and specifications; provided improvement recommendations to deliver 200+ hours in labor savings.

Rio De Janeiro, Rj, Br

I joined Gavea Investimentos in 2011, where I supported a complex, data-intensive, multi-year project to analyze the European financial crisis for a global hedge fund.I produced financial models and sensitivity analyses encompassing key economic drivers. I also consolidated and evaluated monthly results, performed financial research and due diligence, and developed financial forecasts as needed. Some of my contributions include:➥ Leveraged risk reporting techniques such as stress testing to assess the resilience of the European banking system.➥ Analyzed liquidity, debt capacity, and refinance ability to evaluate IMF loan program impact on 20+ countries across Europe, Latin America, and Asia.

Washington, District Of Columbia, Us

~ Researched Small and Medium Enterprises (SMEs) and how SME targeted policies could help quicken economic recovery and how they impact economic growth.~ Researched recent domestic investment patterns for each of the Indian States.~ Compiled trade data on Brazil-China trade to search for trends impacting US-China trade.~ Updated and confirmed company information for a 5 year review of an anti-dumping investigation.

New York, Ny, Us

~ Compiled daily China news brief for inter-office and client distribution.~ Co-authored a report on the history of the Tibet issue with regard to the March 2008 riots.~ Edited monthly report on the evolving credit environment in China.~ Assisted in preparing briefing information on the business climate in China for a sizable private equity company.~ Edited deliverables for various clients.

Washington, Dc, Us

~ Assisted in briefing information on China business climate for a sizable private equity company.~ Co-authored report on Tibet issue, March 2008 riots.~ Edited monthly report on China’s evolving credit environment.~ Compiled daily China news brief for inter-office and client distribution.

Washington, D.C., Us

Arlington, Va, Us

Masters Of Arts, International Trade And Investment Policy

Bachelor Of Arts, International Economic Policy

Education record

Master Of Science, Hospitality Management - Real Estate