Lease Administration Analyst
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The Opportunity
Description
We're looking for a Lease Administration Analyst, working in Real Estate industry in Newton, Massachusetts, United States.- Abstracts critical lease terms, including recovery clauses, for new Leases, Lease Amendments, Lease Terminations, Assignments and other lease documents within Yardi.
- Reviews and approves of lease abstractions processed by third-party for Executed Deals.
- Provides a heightened focus on properly capturing Revenue Recognition items and Encumbrance data to ensure effective reporting.
- Reviews and approves of lease abstractions processed by third-party for Acquisition related deals.
- Collaborates and discusses Revenue Recognition items with Accounting Manager and Manager, Lease Administration to ensure compliance with established SOX 404 Narratives.
- Maintains open communication with Real Estate Services regarding the building square footage modifications, unit changes, lease document status, move-in/out forms, major tenant information, and other open portfolio issues.
- Assists with the calculation and booking of Percentage Rent and Sub-Rent Receivable Income, when applicable.
- Works with Records Management Administrators to resolve discrepancies relating to tenant lease files to ensure documents are properly reflected in the Digital Lease Library.
- Assists with new acquisitions by setting up core Tenant information in Yardi.
- Assists with capital recycling efforts as they arise by supporting the team with the Estoppel Management process.
Our Client
Professional Staffing Group is one of Massachusetts’ largest staffing companies. Recruitment leaders count on us for help. You can too!
Why? Because of the great service we provide. We were the "overwhelming winner" of the first Excellence Award for Customer Acquisition and Retention. Our customers’ satisfaction means opportunity for you!
Want to work with someone who cares? We provide staffing to sponsored non-profits. Support scholarships and sponsorships. Give direct assistance to improve employability.
We care about you too! And we have the expertise to help. Do you want help with this opportunity?
Experience Required for Your Success
- Bachelor’s degree
- 3+ years of commercial real estate lease administration experience, knowledge of standard and non-standard lease components
- Proficiency with accounting software package (Yardi) preferred
- Proficiency with Excel and other Microsoft applications
- Exceptional verbal and written communication skills are required
- Overall knowledge and interest in the commercial real estate industry is critical to success in this position
- Ability to interpret complex retail and commercial lease language and an understanding of the accounting requirements of leases is essential
What Do You Think?
Does your experience reflect what it takes to be successful in this role? Do the work and challenges get you excited about what's possible?
Apply Now
