Lease Analyst

Simon Property Group; Indianapolis (IN); On-site; USD 55,000 - 75,000; Full time

Job summary

Simon Property Group is seeking a Lease Analyst to manage Specialty Lease Administration. You will self-manage workload for ToDo Tasks and rent suspensions, validating reports and assisting Field Staff with tenant ledgers and rent charges.

The role involves researching Yardi integration issues, maintaining trackers, and handling various billing tasks while coordinating with Lease Accounting and Mall Office Staff. Strong analytical and communication skills are essential.

Qualifications

• Aptitude for understanding financial reports and extracting information.
• Effective verbal and written communication skills.
• Strong organizational and interpersonal skills with attention to detail.
• Ability to prioritize, coordinate, multi-task, and demonstrate initiative.
• Accounts Payable and Receivable knowledge preferred but not required (basic math, reconciliation).

Responsibilities

• Validate the Integration Report each morning and escalate variances to the Lease Accounting Supervisor.
• Research why a Specialty Lease does not integrate overnight into Yardi.
• Maintain the Lease Activation Tracker and communicate any conflicts found during research.
• Complete assigned Yardi ToDo Tasks for sales overage rent calculations and related billings.
• Analyze and process termination of Specialty Lease Agreements terminating early.
• Calculate partial month rent for final occupancy days when applicable.
• Perform other duties and projects as assigned.

Skills

Aptitude for understanding financials

Effective verbal & written comms

Organizational & interpersonal skills

Prioritizing & multi-tasking

AP/AR knowledge

Tools

Microsoft 365

Salesforce

Job description

Job Location

Corporate Indianapolis

Primary Purpose

The Lease Analyst for this position will be responsible for Specialty Lease Administration and will be responsible to self-manage their workload for assigned ToDo Tasks and Rent Suspensions. They will work closely with their Lease Accounting Supervisor on validating reports, as well as working with the Mall Office Staff to complete manual billings on tenant accounts, verify, understand, and able to assist the Field Staff with understanding the tenant’s ledgers, and answer questions for the Field Staff relating to sales overage rent charges and early lease terminations.

Principle Responsibilities

• Responsible for validating the Integration Report each morning and escalating any variances or issues to the Lease Accounting Supervisor.
• Responsible for researching the reason why a Specialty Lease does not integrate overnight into Yardi as an activated lease.
• Those leases will be maintained on the Lease Activation Tracker.
• The Lease Analyst is responsible for maintaining that tracker and then communicate any conflicts, or issues, found during the research process.
• Review and complete on a timely basis the assigned Yardi ToDo Task that are generated for sales overage rent calculations, and miscellaneous billings relating to late fees, early lease termination fees, Non-Sufficient Fund fees, etc.
• Analyze and process the Termination of a Specialty Lease Agreement that is terminating before the end of its lease term.
• This could include, but is not limited to, calculating the partial month of rent that would be due for the final days of occupancy.
• Other duties and projects as they are assigned.

Qualifications

• Aptitude for understanding financial reports and extracting information
• Effective verbal and written communication
• Strong organizational and interpersonal skills with attention to detail
• Ability to prioritize, coordinate, multi-task, as well as demonstrative initiative
• Accounts Payable and Receivable knowledge preferred but not required (basic math skills, account reconciliation skills)
• Various computer software such as Microsoft 365 and Salesforce.

Simon is a global leader in retail real estate ownership, management and development and an S&P 100 company (Simon Property Group, NYSE: SPG). Our industry-leading retail properties and investments across North America, Europe and Asia provide shopping experiences for millions of consumers every day and generate billions in annual retail sales. Our portfolio includes assets of national and international renown - proven assets that are the preferred location for retailers. In addition to our high quality properties, Simon is also known for our strong balance sheet, a long‑tenured and well‑respected senior management team, and our innovative spirit, as reflected in a 50 + year history of successful retail real estate development, management, and leasing. Simon was named Fortune’s Most Admired Real Estate Company eight times. We have experienced an explosion of growth and innovation unprecedented in the industry and we look forward to Simon's future. Simon is proud to be an Equal Employment Opportunity employer. We do not discriminate based upon race, religion, color, national origin, gender (including pregnancy, childbirth, or related medical conditions), gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics. If you require assistance or need to request an accommodation due to a disability, please email [e-mail]. Please note this email is intended only for accommodation requests related to the application and interview process. Any other correspondence will not receive a response.