Senior Lease Auditor

Overview

This role is a Remote working arrangement out of various locations listed.

The Senior Lease Auditor is part of the Lease Administration/Audit team and supports lease audit activities related to OPEX, CAM, RET, Insurance, and Utilities.

Responsibilities

• Conduct pre-audit reviews of annual expense reconciliations to ensure accuracy and compliance with lease terms (including CAM, operating expenses, real estate taxes, insurance, utilities, maintenance/repair, capital expenditures, etc.)
• Interpret commercial lease language and provisions related to landlord rights to pass through certain expenses to tenants
  • Apply concepts including Proportionate Shares, Management and Administrative fees, Base Years, Gross up provisions, CAPs, amortization of capital expenditures, GLA, GLOA, Co-Tenancy, and other lease provisions
• Understand the idiosyncrasies of different lease types (commercial, retail, medical, industrial) and maintain basic understanding of Stark Laws as it relates to medical clients
• Communicate effectively and sensitively with landlord representatives to request appropriate backup documentation supporting annual statements
• Follow up with landlords in a timely manner to resolve open audits and/or disputes through completion to the satisfaction of the client
• Review and understand information provided by landlords, including General Ledgers, Real Estate Tax bills, Insurance premiums/declaration pages, utility invoices, amortization schedules, and monthly estimates/impounds
• Stay informed about industry trends and geographical nuances for lease and property types
• Perform detailed expense analysis using standardized checklists and year-over-year variance worksheets
• Coordinate with Lease Analysts assigned to client accounts; provide audit status updates and, as needed, communicate directly with clients regarding audits, findings, and recommended next steps
• Prepare final analysis and clearly articulate the Summary of Findings for each audit
• Prepare savings/recovery invoices for accounting, as appropriate per contracts
• Maintain audit files/records with detailed tracking of audits in process, status, dates, landlord communication details, outstanding matters, closed audits, and realized savings
• Provide regular status reporting to internal management
• Interface with landlord representatives and stakeholders on complex audit/lease issues (Landlord, Owner, Manager, Accountant, Legal, Risk, etc.)
• Support audits across lease types (including NNN, Base Year, and others)
• Work with internal international teams on joint audits
• Provide quality control reviews of Lease Auditor work and assist with disputes not previously addressed
• Learn how to reconcile client accounts for payments made related to OPEX, CAM, and Tax
• Oversee maintenance of account processes and playbooks in coordination with the Operations Director
• Research Tax websites for GIS/parcel maps and communicate with taxing authorities for additional information as needed

Requirements

• Associate or bachelor’s degree in business, accounting, real estate, or similar field preferred
• Experience with commercial real estate database applications such as ProLease, Harbor Flex, or CoStar and accounting software such as MRI or Yardi or other lease management database systems helpful
• At least 5 years of relevant experience in the commercial real estate lease administration industry and/or paralegal, accounting, or property management fields having worked in either (or both) the Landlord or Tenant sector preferred
• Exemplary business/work ethics, professionalism, and integrity
• Highly detail-oriented with strong organizational, interpersonal, and communication skills
• Ability to remain calm in high-pressure situations and multi-task
• Must be currently authorized to work in the United States on a full-time basis
• The employer will not sponsor applicants for work visas

Preferred Qualifications

• Working knowledge of commercial lease language and audit/compliance processes across multiple lease types (including CAM, OPEX, RET, Insurance, Utilities)
• Familiarity with standardized checklists and year-over-year variance worksheets

Compensation & Benefits

• Approximate compensation range: $85,954 to $93,501

Benefits include:

• Employer-subsidized medical options including RX, dental, and vision
• Employer-paid basic life/AD&D insurance and short-term/long-term disability
• 401(k) plan with employer match
• 10 days of sick leave and a minimum of 15-days vacation annually
• Certain senior-level roles may be 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), available after successful completion of 90 days of employment
• Additional or different benefits may be available under applicable state law

Location

Various locations listed.

Additional Information

• Applications accepted on an ongoing basis
• Direct applicants only; no agencies
• No AI-enabled tools are used to sort or decline applications; decisions are made by the talent acquisition team

Equal Opportunity

The employer is an equal opportunity employer. No employee or applicant will be discriminated against on the basis of any actual or perceived membership in any protected category.

If you require reasonable accommodation to complete a job application, pre-employment testing, a job interview, or to otherwise participate in the hiring process, contact the accommodations team for assistance.