Lease Analyst Job Description
Lease analyst
provides assurance of the regular Lease payment and recoveries process for all Leases administered through SAP Real Estate Platform.
Lease Analyst Duties & Responsibilities
To write an effective lease analyst job description, begin by listing detailed duties, responsibilities and expectations. We have included lease analyst job description templates that you can modify and use.
Sample responsibilities for this position include:
Communicate with equipment vendors on the timing of our payment
Follow-up/communicate with lessee to gain proper authorization before forwarding funds to the equipment vendors
Review and independently approve vendor invoices on leased equipment lease disbursements in conjunction with lease document requirements
Administer and monitor equipment lease (track and ensure compliance with document requirements, and monitor vendors paid to date and dollar amount that has been disbursed)
Verify funds available to pay equipment vendors
Assure the timeliness and securitization of applicable UCC filing on proposed leased equipment
Review UCC search results to determine release/subordination
To maintain and track certificate of insurance records across global portfolio
To assist in maintaining and tracking key dates, costs and lease clauses across the global portfolio
Coordinate with Procurement team to set up new vendors
Lease Analyst Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Lease Analyst
List any licenses or certifications required by the position: FMV, CRE, CPA, NBCU, CFA, ACCA
Education for Lease Analyst
Typically a job would require a certain level of education.
Employers hiring for the lease analyst job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Collage Degree in Accounting, Finance, Business, Real Estate, Management, Administration, Law, Education, English, General Education
Skills for Lease Analyst
Desired skills for lease analyst include:
Real estate leases would be an added advantage
Excel and personal computer software
Real estate leases and accounting would be useful
Real estate leases would be
Outlook
Word
Lync
Microsoft Office Products like Excel
PowerPoint
Real estate software
Desired experience for lease analyst includes:
Comfortable working with teams in various countries/time zones
Responsible for providing customer service to employees and vendors
Varying administration support for team including helping with presentations, coordinating signing/approvals, shipping and helping with data manipulations
Regularly conduct variance analysis for tax and operating escalations messenger and transportation and address any large year over year variances
Perform monthly updates to business models that support the Lease Renewal Analysis
3-5 years of experience in finance or real estate
Lease Analyst Examples
1
Lease Analyst Job Description
Job Description Example
Our company is growing rapidly and is hiring for a lease analyst. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for lease analyst
- Subtenant account management, and billing/collections of third party tenant rents Special projects as assigned by manager
- Abstract commercial lease documents (leases and amendments)
- Review CAM and other escalations & real estate tax invoices
- Review annual landlord reconciliation statements and calculations to ensure accuracy and lease compliance
- Rent payment processing
- Rent variance analysis
- Client/vendor/landlord relationship management, resolution of rent and other landlord/tenant issues
- Data entry and management of lease documents, Estoppel Certificates
- Communicate frequently with field personnel
- Review and analyze all major re-occurring initiatives
Qualifications for lease analyst
- Bachelors Degree in Finance or Accounting with 3-5 years related experience, CPA a plus
- Prior experience working in Real Estate, Lease Accounting, Legal or Lease/Contract Administration is a plus
- Ability to successfully complete an extensive background investigate
- Coordinate activities with other divisions including Brokerage, Facilities Management, Construction/Design, as needed
- The ideal candidate will have a Bachelor’s degree in Business, Accounting
- Ensure lease related reporting and analysis is prepared for each data center location for the region
2
Lease Analyst Job Description
Job Description Example
Our company is growing rapidly and is searching for experienced candidates for the position of lease analyst. 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 analyst
- Provide backup documentation and ensure complete audit trail to support applicable changes
- Identify and review exceptions with peers and escalate to Manager as necessary
- Collaborate with the Land Management, Legal, Landlord Relations, and Finance departments to implement and/or support process improvement and develop best practices
- Review and interpret tenant or land agreements for key business terms required to generate tenant billing or land payments
- Review and identify key business terms for tenant or land leases on acquired sites
- Stay informed of current company practices and guidelines, including straight line rules, master lease governance, and commencement date determination, to administer lease documents appropriately in Oracle system
- Audit tenant or land lease documents to validate billing or payment history, identify necessary billing or payment adjustments, complete paperwork to support these changes, and communicate results of analysis
- Enter key lease data points and billing or payment information into the Oracle system through double-blind entry process ensuring abstracted values are accurate and the process is timely
- Administer first call with customer to confirm key lease data points before billing is generated
- Administer calculations of revenue share payments, government fees, property taxes, or other obligations related to tenant or land leases
Qualifications for lease analyst
- ACCA, ACA, RA, CPA (Active Licensee Preferred)
- Solid technical accounting expertise, US GAAP preferred
- Ability to review contracts and interpret legal terms
- Able to communicate with senior management (Directors)
- Must have the highest ethical standards and personal integrity
- Review workload reports and/or trackers to identify assignments and prioritize
3
Lease Analyst Job Description
Job Description Example
Our company is looking to fill the role of lease analyst. 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 analyst
- Extract pertinent and critical data for Real Estate Lease documents and input data into Client specific data base
- Tracks payables and receivables associated with the leases in portfolio
- Prepares and distributes critical date reports
- May conduct financial analysis/accounting as appropriate, including AR/AP, rent rolls, and budgets in accordance with required accounting principles (GAAP, Tax, Cash)
- Review invoices in conjunction with lease requirements and ensure back-up documentation is in place and all calculations are correct
- Prepare accurate lease abstracts and/or perform quality control data audits of documents including updating and maintaining all lease information and data in our technology information systems, as required
- Analyze landlord reconciliations of operating expenses
- Review monthly statements from landlords
- Review all new and renewing leases to abstract relevant lease dates and determine rental obligations
- Processes utility invoices, rent vendor changes and gross sales requests
Qualifications for lease analyst
- Perform ad-hoc financial analysis to support strategies geared towards leveraging store occupancy expenses
- Bachelor’s degree in a related field of study is highly preferred
- Ability to work and commute 5 days a week in an on-site work environment with regular hours
- Previous experience within the Real Estate industry
- Must have a minimum of 5 years in Commercial Real Estate Industry with clear understanding of commercial lease terms
- Knowledge and experience at a level normally acquired through the completion of four years college with a degree in business, accounting or related field and a minimum of 3-5 years of related work experience in the Lease Administration field preferably with a large retail chain
4
Lease Analyst Job Description
Job Description Example
Our company is growing rapidly and is looking to fill the role of lease analyst. 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 analyst
- Reviews, compares, and analyzes operating expense and tax reconciliation statements received from landlords to ensure expenses charged to client are in compliance with lease clauses
- Resolves critical issues for clients by researching and gathering information about payment transactions, lease terms and other relevant items
- Ensures data integrity and accuracy by performing quality control peer review of work completed by team members
- Perform detailed audits, as necessary, by reviewing, analyzing, evaluating and disputing rents and year-end reconciliations for all lease-required expenses
- Process standing monthly payments
- Create journal entries to correct, reclassify, or record items
- Analyze, and evaluate commercial lease credit requests
- Communicate with clients and bank relationship teams to gather information as necessary to make sound credit decisions
- Identify repayment risks through analyzing management, industry, financial information, collateral, deal structure, and economic factors that could impair primary and secondary repayment sources
- Complete written analysis/documentation of analytical findings and provide support for conclusions, risk mitigants, and recommendations
Qualifications for lease analyst
- Compile and distribute monthly reports to key business stakeholders
- Extensive knowledge in interpreting commercial retail leases
- Proven experience and success in performing desk-top audits with a demonstrated ability of cost savings
- Excellent written and communication skills required for interfacing with various internal departments and external contacts
- Ability to work independently in fast paced environment and on several projects concurrently possess good organizational, writing, oral, analytical and record keeping skills
- Supervises desk reviews of all landlord charges to ensure compliance with the lease and acts as the liaison to the client for discussion of the Lease Administrators findings, the landlord contact for negotiating a resolution of OPEX and RET reconciliation challenges
5
Lease Analyst Job Description
Job Description Example
Our company is growing rapidly and is looking for a lease analyst. 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 analyst
- Assists in the management of Real Estate leasing portfolios
- May conduct financial analysis/accounting as appropriate, including AR/AP, rent rolls, percentage rent, sales reports and budgets in accordance with required accounting principles (GAAP, Tax, Cash)
- Create Project Operating Reports Update as necessary (change in business plan, extension, termination, sale)
- Travel to identify new locations to evaluate office space, assist with office set-up and conduct facilities audits
- Prepare and distribute critical date reports
- Abstract new leases and lease amendment - by providing clear, concise, complete descriptions of key lease clauses, critical dates, expenses-related issues, tenant’s/landlord’s rights, obligations and miscellaneous provisions
- Prepares budgeting and forecasting activities and conducts financial analysis/accounting as appropriate
- Generates, reviews and balances the monthly rent rolls and ad hoc payments to ensure accuracy and proper documentation in accordance with established operating procedures
- Conducts monthly variance analysis including narratives for monthly variance reports, and financial performance metrics
- Responds to and resolves issues and requests from management teams and Client regarding various financial issues and reports including budgeting and forecasting, rent rolls and ad hoc payments
Qualifications for lease analyst
- Ability to understand accounting concepts as they apply to forecasting, reconciliations and overall portfolio management
- Ability to develop and maintain rapport with senior management and serve as a process manager
- Must be able to adapt in changing environment and take on additional responsibilities as needed
- Minimum of 3 years Property Management / Lease Compliance / Lease Administration experience in retail environment with experience using lease management software system
- Understanding of accounting principles and/or bookkeeping experience
- Ability to learn/adapt to various technology platforms