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Senior Lease Administrator

Compass

Mississippi

On-site

USD 57,000 - 86,000

Full time

27 days ago

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Job summary

An established industry player is seeking a Senior Lease Administrator to join their dynamic Lease Administration team. This role is pivotal in ensuring the accuracy of lease portfolio management and compliance with business standards. You will be responsible for conducting invoice reviews, managing operating expenses, and leading audit processes. With a focus on collaboration and excellence, you will have the opportunity to coach others while developing training procedures. This on-site position offers a vibrant work culture and a chance to make a significant impact in the real estate sector. If you are ready to take your career to the next level, this is the role for you.

Benefits

Paid Vacation
Medical Benefits
401(k) Plan
Flexible Spending Accounts
Parental Leave
Pet Insurance
Employee Assistance Program
Commuter Program
Life and Disability Insurance
Incentive Programs

Qualifications

  • 5-8 years of relevant experience in lease administration or related field.
  • In-depth knowledge of US lease practices and strong analytical skills.

Responsibilities

  • Manage monthly rent roll preparation and lease portfolio reconciliations.
  • Oversee audits and ensure compliance with lease terms and company standards.

Skills

Analytical Skills
Organizational Skills
Judgment and Decision Making
Communication Skills

Education

College Degree

Tools

Microsoft Office
Google Products
Visual Lease

Job description

At Compass, our mission is to help everyone find their place in the world. Founded in 2012, we’re revolutionizing the real estate industry with our end-to-end platform that empowers residential real estate agents to deliver exceptional service to seller and buyer clients.

The Senior Lease Administrator at Compass is a key member of the Lease Administration team and is responsible for conducting invoice review and reconciliations for Compass’s lease portfolio to ensure that operating expenses align with lease terms. This role involves overseeing lease administration functions, including real estate portfolio administration, database management, and audit services, while working with the broader Lease Administration team to ensure accuracy and compliance with Compass's business standards.

This is a 100% on-site role in NYC (110 5th Ave)

Responsibilities

  • Manage preparation of monthly rent roll in accordance with lease provisions
  • Compare and evaluate operating expense and tax reconciliation statements for Compass’s lease portfolio
  • Communicate with Landlords regarding lease payments and charges
  • Perform full-scope desktop and annual audits for corporate leases and recommend actions for audit recovery.
  • Prepare reports of findings and ensure accurate credits and charges are recorded.
  • Act as team lead overseeing the preparation of CAM reconciliations for accuracy and adherence to Compass standards.
  • Create training procedures for operating expense reconciliation and tenant recovery preparation.
  • Coach others and share in-depth knowledge of job discipline and related functions.

Qualifications

  • College Degree with 5-8 years of relevant experience, or a combination of experience and education.
  • Experience with United States lease practices, terms and conditions, customs and practices.
  • Ability to exercise judgment based on analysis of multiple information sources.
  • Willingness to take a new perspective on existing solutions.
  • In-depth knowledge of Microsoft Office and Google products, including Word and Excel.
  • Strong organizational skills with an advanced inquisitive mindset.
  • Visual lease experience is a plus

Compensation: The base pay range for this position is $57,000-$85,500 annually; however, base pay offered may vary depending on job-related knowledge, skills, and experience. Bonuses and restricted stock units may be provided as part of the compensation package, in addition to a full range of benefits. Base pay is based on market location. Minimum wage for the position will always be met.

Perks that You Need to Know About:

Participation in our incentive programs (which may include eligible cash, equity, or commissions). Plus paid vacation, holidays, sick time, parental leave, and recharge leave; medical, tele-health, dental and vision benefits; 401(k) plan; flexible spending accounts (FSAs); commuter program; life and disability insurance; Maven (a support system for new parents); Carrot (fertility benefits); UrbanSitter (caregiver referral network); Employee Assistance Program; and pet insurance.

Do your best work, be your authentic self.

At Compass, we believe that everyone deserves to find their place in the world — a place where they feel like they belong, where they can be their authentic selves, where they can thrive. Our collaborative, energetic culture is grounded in our Compass Entrepreneurship Principles and our commitment to diversity, equity, inclusion, growth and mobility. As an equal opportunity employer, we offer competitive compensation packages, robust benefits and professional growth opportunities aimed at helping to improve our employees' lives and careers.

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