Lease Administrator

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