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Lease Administrator

4.00 to 9.00 Years   Bangalore   24 May, 2024
GALLAGHER AND MOHAN PRIVATE LIMITED
Job LocationBangalore
EducationNot Mentioned
SalaryRs 5 - 8 Lakh/Yr
IndustryReal Estate
Functional AreaFinance / Accounts / Tax
EmploymentTypeFull-time

Job Description

    Lease AdministratorWhat we are and what we do:-Gallagher & Mohan works exclusively within the real estate industry. Our mission is to provide financial analysis, marketing, and accounting support to our clients. Our clients are real estate-focused private equity investors, developers, fund managers, brokers, and more. We pride ourselves on our quality, our strong communication, and our work ethic. We are a natural extension of our clients existing infrastructure. The type of transactions we currently work on range from multifamily apartment complexes to large office towers in the United States and European markets and range in value sizes from $10 million USD - $200 million USD.Job Responsibilities: Interpret lease language to set up new commercial tenants in Yardi Voyager, ensuring accurate lease and billing information at all times.Set up commercial properties and tenant leases in Yardi Voyager for new property acquisitions or onboarding new third-party property management assignments.Create and/or review lease abstracts for accuracy.Ensure all lease-related documents are uploaded to Yardi.Review rent and expense recovery billings for lease compliance, performing lease audits regularly.Compute and determine lease rent increases based on CPI clauses. Maintain and track critical lease dates.Assist property managers with tenant billing questions.Prepare annual CAM and real estate tax reconciliations and coordinate adjustment billings.Assist with collections, including working with tenants, property management, and legal.Resolve billing issues with tenants and track settlement agreements and lease amendments.Update and monitor rent rolls including square footage, rents, renewal options, and notice dates.Communicate with tenants on a variety of lease-related matters.Assist with other related accounting department duties as needed.You must have:Comfortable working EST Time ZonesA minimum of 3 years of relevant experience is required.Ability to communicate clearly and concisely (verbal and written)Yardi: Expertise on all lease Admin-related functions in Yardi (capable of troubleshooting)LeaseAdmin Functional Expertise (Expertise in Lease Abstracts, creating Leases in Yardi, Amending Leases, CAM Reconciliation, Tenant Correspondence)Legal and Regulatory Framework: (Expertise on components of Lease Agreement (to facilitate drafting), Subsidy applicable, IFRS 16 or ASC 842)Title: Lease AdministratorDepartment: AccountingEmployment Type: Full Time, Permanent.Job Location: Working Remotely, New DelhiIndustry: KPO, Outsourcing/OffshoringEmployment Type: Full-timeShift Time: EST- US Time Zone

Keyskills :
lease administrationyardi voyager

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