Position: Lease Administrator
Location: Midtown, NYC
Salary: 90k – 125k + Bonus
Boutique family office seeks a Lease Administrator to join their Team!
Responsibilities
- Identify priorities within the organization and create and implement solutions.
- Create Standard Operating Procedures.
- Review all leases and lease related documents enter into Property Management system.
- Ensure that all lease-related transactions; monthly rent, insurance and common area charges are reviewed and properly recorded.
- Prepare & track invoicing for tenant utility consumption and other regular charges.
- Review Tenant income and expense sections of the budget.
- Prepare and send to the tenant monthly billings and invoices.
- Coordinate, review and prepare miscellaneous invoices for tenants in conjunction with AR and Property Management.
- Review, analyze and document accounts receivable issues between landlord and tenant. Contact tenants for corrections, adjustments and payments.
- Prepare and analyze list of delinquent tenants for Property Management and Leasing.
- Prepare and handle lease correspondence (default notices, lease notices, violations and collections).
- Prepare and review estoppel certificates.
- Track critical dates as it relates to the lease related clauses and landlord deadlines.
- Assist with lease interpretations as relative to tenant issues.
- Review Tax and Operating Expense Base Years and Reconciliations; including CPI increases.
- Review work to ensure they are in compliance with department Standard Operating Procedures and Process Narratives.
- Prepare and provide financial analysis & critical reports for management and owners.
Qualifications
· Must have 2+ years of Lease Administration experience
· Commercial experience desired
· MRI knowledge required