Lease Job Description
Lease
provides real estate information and knowledge to Director and other internal persons and groups (legal, technical accounting, investment planning, real estate development, regulatory compliance, etc.) as well as external customers and real estate professionals, in supporting the accomplishment of the company’s leasing, disposition objectives and accounting treatment and valuations.
Lease Duties & Responsibilities
To write an effective lease job description, begin by listing detailed duties, responsibilities and expectations. We have included lease job description templates that you can modify and use.
Sample responsibilities for this position include:
Review and negotiate leases and contracts
Manage lease process, and tracking leases
Occupancy budget (Base Rent, Common Area Maintenance, Real Estate Taxes, Insurance
Additional responsibilities & projects as assigned - scanning, mail
Maintain receivables for managed properties, including collection of approximately $1,000,000 annually
Determine appropriate Cost Code type, various calculation methods for charges
Cost Code types determine general ledger posting
Prepare analysis of financial impact
Identify procedural issues and submit improvement recommendations to Supervisor
Make suggestions to enhance efficiencies and minimize risk of error
Lease Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Lease
List any licenses or certifications required by the position: SNDA, NNN, CPA
Education for Lease
Typically a job would require a certain level of education.
Employers hiring for the lease job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Associate Degree in Optometry, Accounting, Finance, Business, Real Estate, Education, Associates, Administration, Business/Administration, Management
Skills for Lease
Desired skills for lease include:
Excel
Engineering principles and an understanding of subsurface and surface equipment and operations
Analyzing and solving mechanical problems
Safety/environmental requirements and practices
GAAP accounting
Real estate leases and accounting would be useful
Accounting principles
Word
Real estate leases would be an added advantage
Excel and personal computer software
Desired experience for lease includes:
Perform a self-review of all work products to ensure all accurate billings
Final processing of CAM and Real Estate Tax billings
Ensuring tenant sales data is received and entered into computer system
Assisting in the flow of lease documents
Performing other administrative duties and special projects
To be responsible for the day-to-day activities involved with abstracting data into a database (Harbor Flex)
Lease Examples
1
Lease Job Description
Job Description Example
Our company is hiring for a lease. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for lease
- Review and process all occupancy related billings ensuring that they are in accordance with the terms of the lease
- Review all other client-partner invoices in conjunction with lease requirements and ensure back-up documentation is in place and all calculations are correct
- Conduct negotiations on behalf of clients approximately 20-40% of the time
- Review Estoppels and Subordination Non-Disturbance Agreements (SNDA’s) against the lease terms
- Communicate with field personnel
- Draft lease correspondence and notices to landlords
- Establish task priorities and create schedules for portfolio objectives
- Provide final review of all major re-occurring initiatives
- Monitor portfolio for monthly rent increases
- Create and run reports to verify data in automated accounting system, Manage America, and make corrections as necessary
Qualifications for lease
- Team player – able to jump in and assist in ad hoc projects as required
- Background in A/P – vendor set up and processing
- Minimum bachelors degree or Associates degree with several years like experience
- Bachelor's degree in Business Administration or related discipline, 3+ years of experience in lease audit/administration or commercial property accounting preferred, or any similar combination of education and experience
- Bachelor’s degree in Accounting and 2-3 years of experience in accounting or audit
- Propertyware experience a plus
2
Lease Job Description
Job Description Example
Our growing company is looking for a lease. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for lease
- Communicate with community manager and regional manager regularly to ensure proper mailing of rent increase letters
- Read, interpret and update leases
- Update leases with new language or market rents and coordinate implementation into Manage America
- Train appropriate property personnel in lease execution and properly tracking leases
- Respond timely and accurately to questions from community managers regarding lease tracking
- Manage late fee profiles for each community in Manage America
- Run and review reports of activity/turnover for accurateness of rental rates (Contact manager/regional manager to rectify any inaccuracies)
- Review resident accounts/ledger for possible errors in rent charges or credits
- Provide system support to managers with regard to rent charges, screening, and document processing
- Ensure accuracy of leases tracked in Manage America
Qualifications for lease
- Understanding the sensitivity and validation importance of collecting the appropriate information to request a vendor/add change banking info, W-9, Payee changes)
- Ability to obtain Texas Real Estate License within 6 months of hire
- Knowledge of Yardi, MRI or similar lease administration software
- Recommend and update lease types at communities where necessary
- Review and update market rents in Manage America and work with Analyst to obtain approved and budgeted rates
- Maintain file with approved leases for communities
3
Lease Job Description
Job Description Example
Our growing company is looking for a lease. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for lease
- Identify and escalate problematic lease language that is financially detrimental or difficult to efficiently administer
- Apply rent increase calculation per lease type in Manage America
- Manage late fee profiles per lease type, for each community in Manage America
- Provide system support to managers with regard to rent charges, screening, and documents processing
- Review and update market rents in Manage America and work with Analyst to coordinate approved rates in budget
- Practice the "be here now" attitude with all projects that you are assigned
- Communicate to your Supervisor your career growth plan
- Compliance with departmental and corporate policies, procedures and guidelines
- Maintain all Lease related data for assigned portfolio of properties including lease abstraction, store openings/closings and billings
- Completion of all Lease document abstraction based on department guidelines, including lease language interpretation, data entry, and analysis of the information
Qualifications for lease
- 1-3 years experience required, preferably in a real estate or lease administration capacity
- Experience in automated accounting and rental software preferred
- Excellent communication skills including writing and verbal
- BA or BS degree in Accounting or Finance, or comparable work experience
- Lease Accounting experience a plus
- Doctoral Degree in Optometry (OD)
4
Lease Job Description
Job Description Example
Our company is searching for experienced candidates for the position of lease. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for lease
- Complete the year-end Real Estate Tax settlement including review, analysis, and billing of settlements for each assigned property
- Complete the monthly overage rent process, including review of non-standard setup and all related billings
- Timely completion of the data request queue’s (internal tracking system for tenant disputes)
- Develop and maintain processes, including development of new processes and enhancements to existing processes
- Perform a self-review of all work products to ensure accurate billings
- Participate in the performance on due diligence activities for potential acquisitions
- Participate in the JDE set up of acquired properties
- Process bankruptcy and termination billings
- Coordinate with other departments within the Company to best resolve issues
- Validate and process non-recurring payments for rent, real estate taxes, CPI escalations and all other charges associated with the client’s leased property portfolio
Qualifications for lease
- Knowledge of and the ability to use a PC Microsoft Office Suite
- Prior Lease Administration experience preferred
- Bookkeeping, Bill Payment, Accounts Payable, Account Receivable experience highly desirable
- Minimum Associates degree with 3-5 years of relevant experience or Bachelors degree
- Prior Tririga experience preferred
- Bachelor's Degree, 2+ years of relevant work experience, or any similar combination of education and experience
5
Lease Job Description
Job Description Example
Our company is hiring for a lease. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for lease
- Review, prepare Consumer Price Index adjustments as provided for in commercial leases
- Coordinate lease terms with sales and PSC construction manager
- This position will require some travel throughout the U.S. (about 20%)
- Responsible for petty cash audits, bank Reconciliations, verifying deposits and provides any missing deposit backups
- Cash Apps, provide assistance to Score sites on returned forms needing corrections
- Submitting received forms for approval to the Operations Managers
- Review the form submitted for Score sites for proper credit explanations and backups
- Responsible for billing process, to include but not limited to creating new accounts for new parkers, and follow up with expiring customer to stop monthly invoicing
- Responsible for all location reports making copies and delivering to the necessary people on a timely manner
- In charge for new lot setups
Qualifications for lease
- Basic real estate knowledge (preferred)
- Ability to work independently to learn and maintain technical skills part of a team to solve challenging business problems
- Must be able to communicate effectively with clients, vendors, and colleagues
- Minimum one (1) year experience with commercial real estate leases or bookkeeping
- Experience with lease administration platforms a plus
- The ideal candidate is a self-starter, problem solver and works well on a team