Commercial Lease Administrator
McLean, VA
Category: Finance and Accounting
Reference ID: 10076419
Shortcut: http://addisongroup.gosnaphop.com/q4i6gg
Position Title: Commercial Lease Administrator
Location: McLean, VA (Hybrid – onsite during the first 90 days, then eligible for 2 days remote per week)
Assignment Type: Permanent Hire
Compensation: $75,000 - $85,000 / Annually + discretionary bonus opportunity
Work Schedule: M-F 9-5
Benefits: This position is eligible for Medical, Dental, Vision, and 401(k)
Key Responsibilities:
- Review, interpret, and abstract complex commercial lease agreements, including both financial and non-financial terms.
- Maintain and update lease information within lease administration and property management software systems.
- Manage lease records throughout the full lease lifecycle, from execution through expiration.
- Calculate and monitor lease-related obligations, including base rent, CAM charges, real estate taxes, insurance, and percentage rent.
- Generate and post recurring monthly rental charges and adjustments.
- Prepare and complete annual operating expense reconciliations.
- Perform budgeting calculations related to rent projections and operating expense recoveries.
- Research and resolve tenant account questions, discrepancies, and disputes.
- Collaborate with accounting, operations, and other internal departments to provide lease support and documentation.
- Assist with due diligence activities by providing lease information and analysis.
- Ensure accuracy and compliance while meeting multiple time-sensitive deadlines.
- Provide excellent internal and external customer service while working cross-functionally with various stakeholders.
Qualifications:
- Minimum of 3 years of Lease Administration experience within Commercial Real Esate.
- Bachelor's degree preferred.
- Strong ability to understand, interpret, and abstract complex commercial lease terminology.
- Proficiency with Microsoft Excel and Microsoft Word.
Addison Group is an Equal Opportunity Employer. Addison Group provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, national origin, age, disability, genetic information, marital status, amnesty, or status as a covered veteran in accordance with applicable federal, state and local laws. Addison Group complies with applicable state and local laws governing non-discrimination in employment in every location in which the company has facilities. Reasonable accommodation is available for qualified individuals with disabilities, upon request.
IND 002-004
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