SUMMARY In an ever-changing business environment significant value can be driven for tenants through effective administration of leases.
Our team of Lease Administration experts, in conjunction with our RealLease technology platform, supports our clients nationwide in effectively and efficiently managing their leased portfolios.
From abstracting critical lease terms, to accurate payment of rents, to critical reconciliation of landlord billings, to regular review and reporting to providing critical analysis of lease profiles, our services provide tenants maximum leverage and flexibility in leased relationships.
KEY DUTIES & RESPONSIBILITIES As part of our Lease Administration team, the Lease Analyst will be responsible for : Ensuring the integrity of the lease administration database (RealLease) Overall coordination & support in the areas of lease administration process improvement Supporting lease abstraction & data management initiatives Administering expenses associated with leased space Identifying & validating rental payments Advising the Technical Authority (TA) on payments due Monitoring and investigating annual budget increases from landlords then requesting the appropriate backup to substantiate the increase Coordinating monthly rent roll adjustments with the TA Liaising with the Property Manager on a daily basis Ensuring that realty tax payments are fair & equitable Reviewing landlord records Coordinating & monitoring Lease Administration Key Performance Indicators (KPIs) (DIAI, CFAI) Desktop audit of year-
end statements Other tasks as assigned EDUCATION, JOB-RELATED YEARS OF EXPERIENCE & QUALIFICATIONS MINIMUM EDUCATION : More than one year up to three years Knowledge & Skills Community college diploma preferably in accounting, business administration or law clerk studies 1 to 3 years of work experience in commercial lease administration, abstraction, accounting or property administration Ability to read and understand commercial real estate lease agreements Ability to process volumes of data requiring strong attention to detail and accuracy Proficient with MS Excel and ability to learn new management information systems quickly Licenses and / or Professional Accreditation RPA Designation, an asset FMA Designation, an asset