Real Estate Lease Analyst

6 months ago

Toronto, Canada Altus Group Full time

**Job Category**:
Facilities

**Pay Grade Range**:
$37,950.00 - $88,550.00
**Disclaimer**: The base salary range represents the low and high end of Altus Group’s “Pay Grade Range” for this position in the primary work location. Actual hiring salaries will vary depending on factors including but not limited to work experience, and geographic market data for the role. The Pay Grade Range listed above does not reflect Altus Group’s total compensation for employees. Other rewards may include an annual bonus, flexible work arrangements, and region-specific benefits.

**Unlock your Altus Experience**

If you’re looking to advance your career in data analytics, expertise, and technology for the rapidly growing global CRE market, there’s no better place than Altus Group. At Altus, our work is purposeful. Every day, our employees drive impact, innovate, and shape the global commercial real estate (CRE) and PropTech industry.

Our people-centric culture empowers you to deliver in a high trust, high performance culture, surrounded by an inclusive team that’s collaborating to modernize our industry. We invest in our people with training and growth opportunities designed to propel you further in your career while providing a flexible and progressive workplace that reflects our values and teams.

**Key Responsibilities**:

- Review and abstract office, storage leases and ancillary lease documents into lease administration and management software, _TANGO; r_esponsible for data integrity and accuracy at all times.
- Prepare variety of standard and customized financial and critical date reports from _TANGO _system, to support strategic portfolio planning and annual budgeting process.
- Act as primary contact for _TANGO_ lease administration platform for CRE and corporate finance teams.
- Manage and prepare invoices for subleases. Work with landlords, property managers and subtenants to address lease payments, resolve property matters.
- Review annual reconciliation statements for OPEX and CAM charges; work directly with property managers to validate costs and ensure calculations adhere to lease terms.
- Review Rent and OPEX invoices for accuracy for approval and payment.
- Review and process Estoppel Certificates, Landlord Notices, other Lease ancillary documentation.
- Work closely with corporate Finance and Accounting teams to validate and provide rent payment information.
- Manage and report on flex office agreements and memberships; support Director of CRE with set up of flex office agreements, where required.
- Perform general administration duties and support the broader corporate real estate team on various initiatives and projects.

**Key Requirements**:

- College or university degree in Real Estate Finance, Property Accounting or related disciplines
- Minimum of 3-5 years of experience in commercial lease administration is required.
- Experience abstracting leases and working with lease management / administration software
- Proficient with MS Office Suite particularly with Excel.
- A self-starter who is resourceful and creative, and a real team player, eager to both help and learn from others.
- Highly organized with the ability to prioritize and work well under pressure, diligent with a keen eye for detail, comfortable challenging norms and asking questions.
- Works well independently with mínimal supervision
- Strong verbal and written communication skills

LI-Hybrid

**What Altus Group offers**:

- **Rewarding performance**: We are pleased to be able to provide employees competitive compensation, incentive and bonus plans, and a total rewards package that prioritizes their mental, physical and overall financial health.
- ** Growth and development**:As a destination for top industry talent, we’re investing in you to meet the evolving needs of our clients and deliver on your professional goals. Our Altus Intelligence Academy offers over 150,000 hours of learning materials catering to diverse stages of an employee’s career journey.
- ** Flexible work model**: We’re modernizing our employee programs to reflect the new world of work. Our Activity-Based Work model provides you with flexibility to align your work location to the work being performed - office for connecting and collaborating, and remote for focused work.

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