Lease Administrator at Prime Communications Inc

Sugar Land, Texas, United States -

Full Time

Start Date

Immediate

Expiry Date

03 Jun, 26

Salary

0.0

Posted On

05 Mar, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Lease Administration, Rent Schedules, Escalations, CAM/NNN, Statement Review, Annual Reconciliations, Communication, Finance, AP Processes, Leasing Software, Great Plains, AP Ticketing, Excel, Sheets, Lease Abstraction, Issue Resolution

Industry

Wireless Services

Description

Qualifications: · 3-5 years lease administration experience · Proven experience in retail/commercial lease administration (portfolio environment preferred). · Strong knowledge of rent schedules, escalations, CAM/NNN, statement review, and annual reconciliations. · High attention to detail, strong follow-through, and ability to manage competing priorities. · Clear, professional communication skills with landlords and internal stakeholders. · Comfort working with finance/AP processes and resolving payment exceptions. · Experience with Leasing software, Great Plains, and AP ticketing/case workflows. · Strong Excel/Sheets skills for tracking, reconciliation, and reporting. Qualifications Role summary Manage the end-to-end lease administration lifecycle for a portfolio of retail locations. Ensure lease data accuracy, compliance with lease terms, timely rent and additional rent processing, and strong landlord communication. Partner cross-functionally with Accounts Payable, Real Estate/Dealmaking, Legal, and Facilities to resolve issues quickly and protect the business. Job Description: · Lead and support a distributed Lease Admin/Legal support team: training, workload management, SOP updates, escalations, and inbox management (Lease Admin + ACH). · Review and reconcile landlord statements and budgets (CAM/NNN); update expense ranges and lease system data after verification. · Manage annual reconciliation processes: validate parcels/GLA/taxes, track disputes, and escalate unresolved issues appropriately. · Abstract leases, amendments, renewals, financial data · Oversee lease abstraction quality: confirm key dates, dollars, options, renewals, escalations, operating expenses, and critical terms; resolve discrepancies with landlords. · Maintain lease records in the lease system (dates, schedules, options, expenses); audit portfolio data (square footage, payees/remittance, escalations) to reduce errors. · Requires continuous communication and follow up with landlord regarding any rental & lease obligations · Calculate and confirm base rent, additional rent, escrows, credits, abatements, TI credits, reimbursements, and security deposit credits per lease terms. · Partner with Accounts Payable to submit payment requests, resolve exceptions/returned payments, and ensure accurate payee/ACH setup. · Serve as a primary landlord contact for remittance changes, payment timing, documentation requirements, and issue resolution. · Track defaults, negotiate/coordinate late-fee waiver requests when appropriate, and maintain accurate ledgers and case documentation. · Manage mail/document routing (statements, COIs, legal notices, utilities, etc.) to ensure timely handling and recordkeeping. · Support vacates track deadlines, issue vacate notices, confirm receipt, and update closure dates in the system.

Responsibilities

Manage the end-to-end lease administration lifecycle for a portfolio of retail locations, ensuring data accuracy, compliance, and timely processing of rent and additional rent. This role involves leading a support team, reviewing landlord statements, managing annual reconciliations, and partnering cross-functionally to resolve issues.