Lease Accounting Administrator (Hybrid - Plano, TX)

SUMMARY

We are seeking a highly organized and detail-oriented candidate with lease administration and accounting experience to join our Real Estate team. This hybrid role will bridge departments and is responsible for maintaining accurate lease expense records for all locations across our portfolio.

 

Essential Duties and Responsibilities include the following. Other duties and tasks may be assigned.

 

• Must be able to read and understand legal documents, lease agreements, amendments, correspondence, etc.
• Experience with accounting/lease administration databases and systems.
• A/P expense entry, analysis, research and troubleshooting.
• Vendor contact set-up and updates.
• General knowledge of lease accounting (debits/credits, G/L accounts, ASC 842 function, prorations, CPI calculations, etc.)
• Review, audit and verify Common Area operating expenses per lease requirements.
• Collaborate with numerous departments; specifically accounting, A/P and legal.
• Excellent verbal and written communication skills, as this position will assist in resolution/clarification of billing discrepancies between Real Estate, Accounting, Landlords, and other various entities.
• Good time management skills and ability to prioritize multiple tasks.
• Ability to abstract key Lease datapoints, expense requirements and critical dates from multiple source documents.
• Strong attention to detail and precise data entry.
• Support other functions of the Lease Administration team as neededActively promotes GUEST customer service standards; develops effective relationships at all levels of the organization.
• Participates in team concepts and promote a team effort; performs duties in accordance with company policies and procedures.
• Regular and reliable attendance is required for the job.
• Other duties and tasks may be assigned.

Qualifications

Qualifications/Requirements:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.

Requirements include:

• Bachelor's degree in Accounting, Finance, Real Estate or related field preferred;
• 2+ years of experience in lease administration, property accounting or A/P;
• Experience with commercial, retail or medical office property portfolios;
• Experience with Lease Administration Software (e.g. ManagePath, Visual Lease, CoStar Manager, etc.);
• Familiarity with Accounting software (Microsoft Dynamics 365, Oracle, Yardi, etc.);
• Experience or familiarity with Smartsheet;
• Proficiency in Microsoft Office (Excel, Word, Outlook, Teams);
• Knowledge of lease accounting, CAM reconciliations and CPI calculations.