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Leasing Administrator

Rainbow Apparel Co

New York (NY)

Remote

USD 85,000 - 100,000

Full time

15 days ago

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Job summary

An established industry player in the fashion sector is seeking a Lease Administration Specialist to join their team. This role offers the opportunity to work remotely while ensuring compliance with lease agreements and managing critical documentation. Ideal candidates will have a strong background in lease administration, real estate, or accounting, and possess excellent communication skills. As a vital part of the organization, you will be responsible for overseeing lease obligations, maintaining databases, and fostering landlord relationships. This position not only promises a competitive salary but also a chance to grow within a dynamic and supportive environment.

Qualifications

  • 3+ years of experience in Lease Administration or related fields.
  • Strong ability to interpret lease provisions and maintain databases.

Responsibilities

  • Verify and abstract lease documents, updating internal databases.
  • Process monthly rental payments and annual reconciliations.
  • Manage landlord relationships and resolve tenant issues.

Skills

Lease Administration
Real Estate
Accounting
Communication Skills
Attention to Detail

Education

Bachelor's Degree

Job description

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This range is provided by Rainbow Apparel Co. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

$85,000.00/yr - $100,000.00/yr

Direct message the job poster from Rainbow Apparel Co

Human Resources Business Partner | Employee Relations & Conflict Resolution Expert | Remote-Ready HR Leadership | Talent Development & Compliance…

Rainbow USA Inc. is one of the fastest growing juniors, kids, plus, and petite specialty apparel chains. Headquartered in Brooklyn, NY and founded in 1935, Rainbow is a fashion leader for its 14–49-year-old customers. We are currently seeking a Lease Administration Specialist at our corporate location.

The Lease Administration Specialist should possess knowledge of lease terms and conditions. Responsibilities include ensuring all rent-related costs are documented, verified, and accurately entered into Rainbow’s system, as well as maintaining and enforcing pertinent lease terms.

Responsibilities Include:

  • Verify and abstract all lease documents, updating internal databases for existing and new stores.
  • Perform accounting functions related to lease obligations, including processing monthly rental payments, annual reconciliations, and other expenses, as well as accruals and prepaid expenses.
  • Interpret lease agreements to ensure compliance with payment terms.
  • Maintain and monitor lease tracking databases.
  • Oversee lease amendments, rent commencement, operating expense changes, ownership changes, and lease terminations.
  • Process legal notices and payments related to leases.
  • Manage landlord relationships regarding receivables, sales reporting, maintenance issues, and audits.
  • Draft lease correspondence and notices, resolving landlord/tenant issues.
  • Monitor co-tenancy requirements and other special project tasks assigned by the manager.
  • Provide backup support for fellow Lease Administrators as needed.

Required Skills and Experience:

Bachelor's degree or significant related experience.

At least 3 years of experience in Lease Administration, Real Estate, Accounting, Law, or Property Management.

Strong ability to interpret lease provisions, attention to detail, excellent interpersonal, communication, and organizational skills, and the ability to work independently and prioritize tasks.

The salary range is expected to be between $85,000 and $100,000, based on skills, experience, and market conditions.

Additional Details
  • Seniority level: Associate
  • Employment type: Full-time
  • Job functions: Administrative and Accounting/Auditing
  • Industries: Retail and Fashion

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