Commercial Lease Administrator

 

Description:

An established Family Office in Midtown, Manhattan is seeking an experienced Commercial Lease Administrator to manage a portfolio of 30+ commercial office and retail properties. Reporting directly to the CFO, this stand-alone position requires expertise in lease abstraction, amendments, lease accounting, and compliance management.

The ideal candidate will be hands-on in lease administration operations, ensuring seamless rent collection, lease compliance, and financial reporting. This role offers an exciting opportunity to work in a highly organized, professional environment, overseeing all commercial lease-related activities with a focus on efficiency and accuracy.

Key Responsibilities:

  • Lease Management: Conduct lease abstraction to extract and record critical lease data, including rent schedules, renewal options, and maintenance obligations.
  • Documentation: Prepare and maintain lease agreements, amendments, and renewals for commercial properties.
  • Rent Collection & Compliance: Monitor rent collection, ensuring timely payments from tenants and enforcing lease compliance.
  • Audits & Reporting: Conduct lease audits, track tenant obligations, and resolve discrepancies in collaboration with property management and accounting teams.
  • CAM & RET Reconciliations: Calculate annual reconciliations for Common Area Maintenance (CAM) and Real Estate Taxes (RET) before submission to tenants.
  • Financial Analysis: Generate lease-related financial reports, including rent collection status and lease performance metrics.

Required Skills & Experience:

  • 5+ years of experience in lease administration or real estate accounting.
  • Proficiency in Excel and MRI software (preferred).
  • Strong knowledge of commercial lease terms, regulations, and legal compliance.
  • Excellent communication and negotiation skills for effective tenant interactions.
  • Strong understanding of lease administration processes and lease terminology.
  • Highly organized, detail-oriented, and proficient in computer applications.

Salary & Benefits:

  • Monthly Salary: $8,333 - $10,000
  • Comprehensive Benefits Package
  • Annual Bonus Based on Performance

Organization Advice Personnel
Industry Real Estate Jobs
Occupational Category Commercial Lease Administrator
Job Location New York,USA
Shift Type Morning
Job Type Full Time
Gender No Preference
Career Level Experienced Professional
Experience 5 Years
Posted at 2025-03-15 2:42 pm
Expires on 2025-04-29