Lease Administration yst

Job Details

Summary

The duties of the Lease Administration department involve abstracting lease documents, tracking critical dates, analyzing tenant conditions, coordinating the monthly rental charge process, reconciliation audits and other projects/analysis as needed. This is an entry level position requiring daily presence in a corporate office environment located in Syracuse, NY.

Essential Duties And Responsibilities

• Abstract, interpret and maintain retail lease documents
• Ensure all lease-related transactions (monthly rent, insurance, CAM, taxes) are reviewed and properly recorded and balanced
• Prepare rent variance analysis for monthly reporting and annual budgeting
• Analyze leases and tenant economic scenarios, gather thoughtful conclusions and present recommendations to senior management
• Perform monthly tenant billings, rent roll changes and rent projections
• Apply basic ledger functions such as payments and charges
• Track critical dates as they pertain to lease-related clauses and landlord deadlines
• Resolve landlord/tenant issues that relate to lease language and rent charges
• Analyze account ledgers and initiate contact with tenants to collect arrears and/or reconcile outstanding balances
• Prepare financial reforecasts, budgets and annual reconciliations
• Adhere to strict deadlines and prioritize multiple tasks
• Ability to understand and interpret complex lease language and data
• Assist in special projects as assigned
• Perform other duties as required
  

Provide superior client service

• Positively and proactively collaborate with colleagues in any way needed to further the leasing and marketing of mall properties to achieve, sell and provide world-class service to all our constituents
• Maintain Client confidence and protect operations by keeping proprietary information confidential
  

Qualifications

• AS/BS in Accounting, Finance or Business related field or 1-2 years of experience in business environment
• Proficient computer skills, MS Excel experience preferred
• Strong analytical skills with an interest in expanding financial analysis skills