Lease Administrator (Hybrid)

Lincoln Property Company; McKinney (TX); On-site; USD 45,000 - 70,000; Full time

Job summary

An established industry player seeks a detail-oriented Lease Administrator to manage tenant billing and lease data integrity. This role involves reviewing leases, processing tenant moves, and ensuring accurate billing for commercial tenants. The ideal candidate will possess strong analytical skills and effective communication abilities, thriving in a fast-paced environment. Join a dynamic team that values precision and proactive problem-solving while contributing to the success of a leading real estate firm. This is an excellent opportunity for those looking to make a significant impact in lease administration.

Qualifications

• Minimum 3 years of lease administration/accounting experience.
• Ability to produce accurate work while managing multiple priorities.

Responsibilities

• Review leases and set up new lease records in MRI.
• Calculate and analyze annual operating expenses and reconciliations.

Skills

Analytical Skills

Interpersonal Skills

Communication Skills

Problem Solving

Detail-oriented Work

Education

Bachelor's Degree in Accounting

Bachelor's Degree in Business

Tools

MRI Accounting Software

Kardin

Job description

Lincoln Property Company does not accept unsolicited resumes from third-party recruiters unless they were contractually engaged by Lincoln Property Company to provide candidates for a specified opening. Any such employment agency, person or entity that submits an unsolicited resume does so with the acknowledgement and agreement that Lincoln Property Company will have the right to hire that applicant at its discretion without any fee owed to the submitting employment agency, person or entity. At this time, we are not working with any agencies.

Lincoln Property Companyseeks a detail-oriented Lease Administrator to ensure accurate tenant billing, maintain the integrity of all lease data, and diligently monitor crucial lease dates. The responsibilities outlined below represent key functions of this role and are not intended to be an exhaustive list.

Responsibilities:

• Review leases and set up new lease records in MRI
• Process tenants move-in and move-outs in MRI
• Record and monitor all Base Rents, CAM charges, Real Estate Tax estimates, Insurance estimates, Utility charges, CPI Rent and Percentage Rent charges for commercial tenants
• Update lease data (billing email, contact, recurring charge, etc.)
• Continuous monitoring of system information for accuracy, including but not limited to rent roll validation, square footage, etc.
• Record, monitor and track gross sales
• Ensure monthly rental updates are reviewed, updated and approved.
• Calculate and analyze annual operating expense and real estate tax reconciliations
• Calculate annual CAM, property tax and insurance recovery, quarterly CAM accruals, and annual estimates
• Assist with collection and consolidation of CAM supporting documentation
• Coordinate tenant audits of billed CAM reconciliations
• Interact with Tenants, Property Managers, Accountants, Accounts Receivable Clerk and Asset Managers on lease administration
• Assist in additional department-related functions as requested.
• Ensure data integrity of information contained in database applications used for tracking all tenants and lease related data.
• Work closely with Accountants and Property Managers in preparing annual budgets
• Resolve tenant/landlord lease interpretation discrepancies
• Develop and maintain accurate files for all leases
• Help on-site personnel interpret lease language regarding operational issues

Desired Competency, Experience and Skills:

• Possess a self-motivated, analytical, and inquisitive mind set
• Effective interpersonal and customer service skills with the ability to establish and maintain productive relationships with internal and external customers
• Ability to produce accurate and detail-oriented work while managing multiple priorities against key deadlines in a fast-paced environment
• Effective communication skills, both verbal and written
• Ability to work independently, problem solve, and proactively manage workload
• Minimum 3 years lease administration/accounting experience
• Bachelor’s degree in accounting, business, or a related field
• Experience with MRI or similar accounting systems required
• Experience with Kardin

About Lincoln Property Company

Lincoln Property Company (“Lincoln”) is one of the largest private real estate firms in the United States. Offering a fully integrated platform of real estate services and innovative solutions to owners, investors, lenders and occupiers, Lincoln supports the entire real estate lifecycle across asset types, including office, life science, retail, industrial, data center, production studio, healthcare, government, universities, and mixed-used properties, throughout the United States, United Kingdom, and Europe. Lincoln’s combined management and leasing portfolio on behalf of institutional clients includes more than 562 million square feet of commercial space. In addition to providing third-party real estate services, Lincoln has completed over 164 million square feet of development since its inception in 1965 and has another $19.5 billion currently under construction or in the pipeline. For more information, visit: www.lpc.com .

All job offers are contingent on completion of a background check and proof of eligibility to work in the United States.

By submitting your information or resume in response to this opportunity, you acknowledge that your personal information will be handled in accordance with the companies privacy policy.

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