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Senior Lease Administration Manager
1 year ago
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In this role, you will leverage your expertise in lease administration and management to ensure accurate abstraction and effective database utilization for real estate lease contracts. You will need to possess a strong understanding of lease language and communicate efficiently with cross-functional teams involving Legal, Real Estate, Accounting, and other stakeholders.
- Manage the abstraction of primary terms and conditions of new and amended real estate lease contracts
- Oversee all functions related to processing rent payments for leased real estate locations, including reconciling and resolving discrepancies
- Work directly with Legal, Real Estate, Accounting, and other key customers in a shared services function
- Manage lease databases with abstracted information and approved changes
- Communicate directly with Legal, Real Estate, and Accounting on lease abstractions
- Review and reconcile payments
- Respond to sales inquiries and % rent correspondence from landlords, collaborating with Lease Accountants as necessary
- Resolve lease interpretation questions and consider the impact of new lease terms, renewals, relocations, and property ownership changes on the rent payment process.
- BA in Accounting or JD in Law
- 3-5 years of lease administration, abstraction, and lease database experience
- Advanced understanding of lease language and terms with the ability to abstract lease documents accurately
- Prior experience utilizing a lease database
- Excellent customer service and interpersonal skills
- Strong verbal and written communication skills
- Intermediate Excel skills
- SAP skills
- Experience in the retail industry