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LIAISONING OFFICER

10.00 to 20.00 Years   Hyderabad   11 Jun, 2019
Job LocationHyderabad
EducationNot Mentioned
SalaryRs 10 - 12 Lakh/Yr
IndustryEngineering / Construction
Functional AreaEngineering Design / ConstructionProperty Management
EmploymentTypeFull-time

Job Description

Hi,Greetings from A&J.Urgent Requirement for Liaisoning OfficerExp: 10-20YearsSalary:10LcsPURPOSE OF ROLE:The primary purpose of the Property Administrator is provide front-line problem-solving during the review and processing of payments, receivables, and reconciliations related to leases and CAMs for to minimize potential budget variances within their assigned location. This position is responsible for the initial setup of location information in the Location Management system within their assigned division. Additionally, this position is responsible for working with the Director Real Estate and RE Finance group during the development of the annual common area maintenance (CAM) budget.RESPONSIBILITY STATEMENTS:

  • Manages the review and processing of all payments, receivables, credits and reconciliations related to leases and CAMs in line with original terms and conditions
  • Obtains CAM reimbursements and reconciliations due to Lowes from 3rd parties
  • Coordinates with Finance to ensure payments are processed, accurate and adjusted as required
  • Obtains appropriate Management level approvals for manual (one time) payments
  • Provides necessary reports (forecast, actual, exceptions) to the Director Real Estate and Property Managers during the financial budget process for CAM, reconciliations, new store expansion, and relocations that reduce cost and deliver business objectives
  • Develops custom reports in the Location Management System as needed
  • Manages the initial new location setup, entry of financials (payments, receivables, options, etc.) in the Location Management System
  • Maintains the event/task calendar in the Location Management System
  • Supports the Property Managers in maintaining the integrity of the Location Management System, ensuring information (financial and non-financial) is current and accurate as a business support tool
  • Supports the Director Real Estate in the collection of Notice of Reimbursement or Disbursement Agreement (NRDA) funds
  • Assists the Property Managers in monitoring ancillary agreements such as covenants, restrictions, easements, requirements, and payment schedules that impact stores
  • Assists in the review of location documentation to make certain all reimbursement obligations have been captured
  • Serves as the liaison between Real Estate and landlords, developers, 3rd party management companies, 3rd party auditors, Lowes store personnel, and other Lowes business groups
  • Composes 3rd party correspondence.
  • Adheres to all departmental operational guidelines and procedures to include use of technology systems such as Location Management, Asset Management, Incident Management and Central Repositories
REQUIRED EDUCATION/EXPERIENCE:
  • High School Diploma
  • 10years of experience in Corporate/Commercial Real Estate
  • 10years of experience reviewing Real Estate documents
  • 10years of experience in property accounting, expense billing practices, reconciling CAM payments and property management activities
  • 1 year of experience in lease administration applications
  • 1 year of Microsoft Office experience
PREFERRED EDUCATION/EXPERIENCE:
  • Bachelors Degree in Business Administration or Finance
  • Certified Professional Property Administrator

Keyskills :
iaisoning officer

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