Overview
This role is a Senior Lease Analyst focused on Lease Administration and RENT activities, supporting medium to large, complex accounts—often within a global account management framework. The position emphasizes global rent presentment and/or rent payment activities.
This is a remote working arrangement out of various locations listed.
Responsibilities
- Serve as the main point of contact for clients and internal stakeholders regarding global lease administration matters.
- Understand client business objectives, real estate portfolio strategy, and service expectations.
- Maintain thorough understanding of client agreements for assigned accounts, including boundaries of scope of work, fee structure, billing frequency, and payee information; ensure information is correctly entered and maintained as a client contract in WorkTrac.
- Conduct regular meetings and reviews with clients to present portfolio updates, key metrics, and performance reports.
- Develop and maintain strong client governance programs (e.g., reporting cadence, communication methods, business reviews).
- Track, maintain, and communicate expirations, option exercise dates, and other critical information.
- Work toward achieving a net promoter score representative of strong service delivery and client relationships.
- Manage client escalations and ensure timely resolution of issues.
- Proactively identify account-related risks and formulate mitigation strategies; project manage through solution.
- Oversee and ensure the global team delivers services per the client-specific process and contract.
- Participate in presentations to new or existing clients for new business pitches.
- Manage assignments and delegate database management tasks to global team members.
- Establish weekly calls and ongoing internal communications with global lease administration team members to review work, discuss outstanding issues, and determine next actions.
- Prepare and lead with impactful communication and professional presence.
- Foster effective communication and engage team members to promote collaboration.
- Maintain working knowledge of AI technology and openness to adapting to technology evolution.
- Oversee abstraction or input of rental obligations related to leases and other important lease information per client abstraction standards for assigned accounts.
- Provide final QC for the abstraction process as required for assigned accounts.
- Demonstrate working knowledge of relevant tools (e.g., dashboards, WorkTrac, and other systems).
- Confirm and approve monthly client billing; ensure pass-through expenses are billed according to contract and internal process.
- Provide vendor management support, including invoice review and validation against lease terms; identify discrepancies and partner with vendors to resolve variances.
- Review recovery clauses; set up recovery pools; calculate actual recovery expenses for each tenant; review caps, base years, and non-standard exclusions.
- Prepare and review lease-related financial statements, disclosures, reports, and monthly rental payment schedules and reconciliations as required.
- Produce variance reports comparing budgeted versus actual rent obligations.
- Oversee 3rd party utility management payments.
- Track and collaborate on TI allowance disbursements / landlord obligation fulfillment.
- Maintain lease accounting records in accordance with US GAAP (ASC 842) and IFRS 16 within lease management platforms.
- Ensure compliance with lease accounting standards and company policies.
- Track A/R for assigned clients and escalate to appropriate parties.
- Reconcile accounts with outstanding balances and work with landlords and clients to resolve disputes (e.g., landlord ledger reconciliations).
- Assist with internal and external audits.
- Monitor, review, and approve Rent, CAM, Operating Expense, Tax and Insurance payments to landlords, including reviewing leases to ensure accuracy of charges.
- Review and validate Consumer Price Index adjustments as provided in legal documents.
- Maintain file systems and database data integrity for tenant and lease-related tracking.
- Maintain a record of exceptions and resolve within the database.
- Assist transition manager with new account onboarding and transition processes for assigned accounts.
- Maintain account process, procedures, and playbooks in collaboration with the Director to ensure consistency and compliance with overarching departmental requirements.
Requirements
- 5+ years of relevant experience in commercial real estate lease administration industry and/or accounting and property management, having worked in either (or both) the landlord or tenant sector.
- Associate or bachelor’s degree in business, accounting, real estate, or similar field preferred.
- Working experience with commercial real estate database applications such as Visual Lease, APEX, ProLease, CoStar, WorkTrac, Lucernex, Planon, Manhattan, or other portfolio management database systems.
- Expertise and documented success working on multi-line global accounts with 1,000+ leases and global account management structure.
- Intermediate proficiency with Microsoft Office tools (Word, PowerPoint, Excel, OneNote, etc.).
- Thorough knowledge of FASB / IFRS accounting rules and general accounting principles preferred.
- Must be effective and have a successful track record working independently, preferably remotely, with strong time management skills.
Preferred Qualifications
- Thorough knowledge of FASB / IFRS accounting rules and general accounting principles.
- Experience with multi-line global accounts involving 1,000+ leases.
Compensation & Benefits
- Approximate compensation range: $75,000 to $85,000.
- Benefits include employer-subsidized medical options (RX, dental, vision), employer-paid basic life/AD&D insurance, and short-term/long-term disability.
- 401k plan with employer match.
- 10 days of sick leave and a minimum of 15-days vacation annually.
- Certain senior-level roles are eligible for unlimited time off.
- 10 paid holidays plus two personal flex days per calendar year.
- Paid parental leave: 12 weeks (for birth parents) and 4 weeks (for non-birth parents, including adoptive/foster parents) after successful completion of 90 days of employment.
- Additional benefits may be available under applicable state law.
Location
- Remote working arrangement out of various locations listed above.
Additional Information
- This posting is for an existing vacancy.
- Applicants must be currently authorized to work in the United States on a full-time basis. The employer will not sponsor work visas.
- Direct applicants only; no agencies.
- The employer does not use AI-enabled tools to sort or decline applications; decisions are made by the talent acquisition team.
- Massachusetts-specific notice: It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment.
- Applications will be accepted on an ongoing basis.