Lease Analyst

SUMMARY

The Lease Revenue Analyst (Revenue Accountant), in conjunction with our Real Lease technology platform, supports our clients nationwide in effectively and efficiently managing their owned portfolio. From abstracting critical lease terms, to accurate collection of rents, to critical reconciliation of tenant billings, to regular review and reporting to providing critical analysis of commercial tenant profiles, our services provide our client maximum leverage and flexibility in transaction based relationships. 

KEY DUTIES & RESPONSIBILITIES

Lease Abstraction

• Reviews lease agreements and abstracts key information including but not limited to lease provisions, clauses, options and critical dates, property information, business, legal and financial agreements and obligations, terms and conditions.
• Enters and maintains lease agreement information within lease management database. Responsible for data integrity of lease information.

Rent Collection and Reporting

• Prepares monthly revenue reporting as outlines in Contractual requirements.
• Provide guidance and support to other team members in Data Management in RealLease.
• Assist in monthly Rent Roll review and commentary. 
• Assist in overseeing rent deposit functions and reporting to mitigate risk and errors.
• Complete Accounts Receivable management of collections, depositing and reporting on Tenant billings, payments an arrears. 
• Prepare and maintain Monthly forecasting. 
• Variance analysis reporting on 3rd party billings vs 3rd party collections. 
• Budget assumption development and forecasting for 5 year plan, conducted 2 times in a year. 
• Review and maintain Parking Revenue Management structure and assist in ensuring data integrity in the system. 

Additional Rent Review 

• Conducts annual review of operating costs budget increases (i.e. grounds maintenance cost, realty taxes = “additional rent”) to be charged to the 3rd Party Tenant. Compares forecast against historical information to review reasonableness of budget increase. Verifies reasons for proposed budget increases and respond to inquiries from Tenants. \
• Prepares year-end reconciliations, year-end CPI adjustments, ensure recoveries are accurate and complete. 
• Makes recommendations on expenditure concerns as well as on procedures and systems related to BGIS. 

Knowledge & Skills 

• University degree or professional certification
• 3 to 5 years of job-related experience
• Good financial understanding and proficiency with MS Excel, Word and Outlook.
• Strong interpersonal, communication and presentation skills.
• Ability to work independently as well as on a team.
• Strong analytical and problem solving skills.
• Attention to detail
• Demonstrated ability to work under pressure.
• Strong customer focus
• Ability to read and understand commercial real estate lease agreements
• Ability to process volumes of data requiring strong attention to detail and accuracy
• Advanced reading and writing skills
• English is required because you will be dealing with English-speaking customers as part of your job. 

Licenses and/or Professional Accreditation

• Real Property Administrator designation would be considered an asset