Our client, an established, privately held commercial real estate organization, is hiring a Lease Administrator/Lease Auditor to join their growing team! This opportunity offers a unique blend of commercial lease administration, lease analysis, and property accounting, with a particular emphasis on operating expense (OPEX/CAM) reconciliations and tenant recoveries.
This is an excellent opportunity for an analytical, detail-oriented professional who enjoys working at the intersection of real estate and accounting. The ideal candidate will bring hands-on experience interpreting commercial lease provisions, auditing operating expenses, and analyzing tenant charges, along with the confidence to resolve questions independently and take ownership of their work. You will collaborate closely with Property Management, Accounting, Legal, and tenants in a hands-on environment where your expertise and judgment will make a meaningful impact.
Key Responsibilities:
- Review, interpret, and analyze commercial retail leases, amendments, and related legal documents.
- Prepare detailed lease abstracts and maintain accurate tenant and lease records.
- Conduct lease audits and analyze operating expense (OPEX/CAM) reconciliations, allocations, and tenant recoveries.
- Review lease provisions to ensure tenant billings and expense recoveries are calculated accurately and in accordance with contractual terms.
- Investigate and respond to tenant inquiries regarding lease terms, operating expenses, and billing discrepancies.
- Assist with the preparation of lease amendments, default notices, estoppels, regulatory filings, and tenant correspondence.
- Monitor critical lease dates, renewal options, compliance requirements, and other contractual obligations.
- Collaborate with Property Management and Accounting to resolve lease-related questions and support accurate financial reporting and tenant billing.
- Coordinate with internal stakeholders, tenants, and outside counsel to address lease issues and ensure timely resolution.
- Manage multiple priorities while maintaining a high level of accuracy, organization, and attention to detail.
Qualifications:
- 4+ years of experience in commercial lease administration, lease analysis, lease auditing, or a related real estate accounting function.
- Hands-on experience with retail OPEX/CAM reconciliations, operating expense audits, or tenant recoveries is essential.
- Strong understanding of commercial lease language and the ability to interpret complex lease provisions.
- Experience reviewing lease terms and assessing their financial implications for tenants and property owners.
- Strong analytical skills and proficiency with Microsoft Excel and other standard business applications.
- Excellent written and verbal communication skills, including the ability to communicate lease and accounting matters clearly to tenants and internal stakeholders.
- Highly organized, detail-oriented, and comfortable managing multiple projects simultaneously.
- Ability to exercise sound judgment, make informed decisions, and work independently while collaborating effectively with a team.