Commercial Lease Administrator
4 weeks ago
Commercial Lease Administrator / Analyst
Job Type: Permanent
We are looking to hire a Commercial Lease Administrator / Analyst for a great client in downtown Toronto. The Commercial Lease Administrator / Analyst will be responsible for providing support and expertise to regional and property staff relating to lease interpretation and tenant queries along with managing the administration of Lease Agreements and associated exceptions / amendments in the company's financial databases for an assigned portfolio in a high-volume environment.
Manage all activities that relate to lease record in the Yardi and other company financial systems. This includes, but is not limited to, activity related to new tenancies, extensions, assignments, expansions, relocations, contractions, terminations, and holdovers
- Be responsible for new lease set up, financial and non-financial data integrity, and updating of systems with tenant contact information
- Read complex retail and office lease language to accurately abstract financial and non-financial contents of the lease in the creation of the Yardi lease summary while setting up tenants
- Consult with Leasing Executive highlighting such risks and recommending alternative solutions - Manage the administration of signed documents such as Leases, Lease Amending Agreements, Specialty Leasing Agreements and License Agreements ensuring the tenant is billed in accordance to the legal document at all times
- Identify Lease exceptions as they relate to recoveries. Manage the administration of these exceptions by tracking them in Yardi and in the Recovery Manual.
- Complete lease exceptions analysis determining the financial impact of selected exception deals
- Provide ongoing leadership support and expertise to property staff relating to lease interpretation and tenant queries
- Monitor the set-up of the deals in Yardi ensuring that Revenue policies and procedures have been followed at all times
- Provide as needed training to property and regional staff on how to use Yardi system
- Bachelor's Degree business administration, or an accounting area
- Minimum 3 years’ experience in property management, commercial lease administration, and/or revenue accounting
- Attention to detail, takes pride in the quality of work
- Comfortable working in a team-based, open-concept office environment
- Knowledgeable in reading commercial retail and office leases
REFER A PERM HIRE AND EARN UP TO $1,000 OUR VIRTUAL DOORS ARE OPEN We’re also bringing the interviews to you by various web applications, virtually
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