Lease Administrator
Robert Half
Oak Brook, IL (In Person)
$56,867 Salary, Full-Time
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Job Description
Responsibilities:
- Maintain lease information across lease administration platforms, ensuring records, documentation, and critical financial terms remain accurate and up to date.
- Review and interpret lease agreements to capture key business and accounting details, supporting proper billing and compliance with contractual obligations.
- Lead year-end CAM reconciliation activities for a portfolio of approximately 65 clients or properties, validating expense allocations and tenant recoveries.
- Examine operating expenses, tax charges, insurance amounts, and related billings to identify discrepancies and resolve issues promptly.
- Process recurring tenant charges such as base rent, CAM, and other additional rent items while ensuring invoices are issued accurately and on schedule.
- Reconcile tenant ledgers and monitor lease-related financial postings, partnering with accounting teams to support accounts receivable, accounts payable, and close activities.
- Prepare supporting schedules, variance reviews, and other financial materials needed for monthly reporting, year-end close, and audit requests.
- Coordinate with property management, accounting staff, and clients to answer questions, address exceptions, and deliver dependable lease administration support across the portfolio.
- At least 3 years of experience in lease administration, property accounting, commercial real estate support, or a closely related function.
- Demonstrated hands-on experience with CAM reconciliations and tenant billing in a multi-property or multi-client environment.
- Working knowledge of lease accounting principles and the financial components commonly found in commercial lease agreements.
- Proficiency with Visual Lease or comparable lease administration systems, along with strong Microsoft Excel capabilities for analysis and reconciliations.
- Ability to manage account reconciliations, invoicing, and financial reporting with a high degree of accuracy and organization.
- Strong analytical thinking and problem-solving skills, especially when researching billing variances or ledger discrepancies.
- Effective communication skills with the ability to work well with both financial and non-financial stakeholders in a client service setting.
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