Lease Administration Accountant
Lease Administration Accountant
Posted on :
03-10-2025
Employer Active
1 Vacancy
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Yearly Salary
$ 65000 - 75000
Vacancy
1 Vacancy
Posted on :
03-10-2025
Job Description
Job Opportunity: Lease Administration / Accountant
Location: Washington DC
Salary Range: $65000 $75000 annually
About the Role
Our client a leading real estate organization is seeking a detail-oriented Lease Administration / Accountant to join their team. This role is ideal for professionals with experience in lease abstraction tenant billing and financial reconciliation within commercial real estate.
Key Responsibilities
Ideal Candidate Profile
#IND123
Location: Washington DC
Salary Range: $65000 $75000 annually
About the Role
Our client a leading real estate organization is seeking a detail-oriented Lease Administration / Accountant to join their team. This role is ideal for professionals with experience in lease abstraction tenant billing and financial reconciliation within commercial real estate.
Key Responsibilities
- Interpret and abstract lease documents amendments and agreements input data into MRI software.
- Generate monthly charges and issue tenant statements.
- Draft and track commencement agreements; update lease data in MRI.
- Prepare welcome letters rent commencement notices and other tenant correspondence.
- Create recovery pools and perform year-end reconciliations for CAM taxes and insurance.
- Develop income projections and post rental charges.
- Estimate annual CAM RET and insurance costs.
- Monitor gross sales and prepare percentage rent billings.
- Track critical lease dates (e.g. LOCs security deposits lease options).
- Provide timely and accurate lease data to internal departments.
- Collaborate with leasing and legal teams to resolve lease interpretation issues.
- Manage rent collections post cash applications and maintain tenant communications.
Ideal Candidate Profile
- Experience: 3 years in lease administration or property accounting.
- Software Skills: Proficiency in MRI or Yardi is highly preferred.
- Knowledge: Strong understanding of commercial lease terms and financial operations.
- Skills: Excellent attention to detail communication and organizational skills.
#IND123
Employment Type
Full-Time
Key Skills
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