subtraction desperadoes: Lease Administrator - Job Listing

Lease Administrator

September 05, 2012 - September 12, 2012Location:Rocklin, CAExempt/Non-Exempt:ExemptBenefits:Medical, Dental, Vision, Basic Life, LTD, STD & 401KEmployment Type:Full TimeDepartment:CorporateDescription:SLEEP TRAIN?S VISION
Leadership is a hat worn by all. We commit to developing future leaders by nurturing a team environment that creates positive mentoring. Our passion inspires friendship, enthusiasm, and fun; ensuring continuous growth.

As team members, our purpose, vision and values serve as our guiding principles. We are empowered to make decisions that positively impact the future of our Enterprise. We recognize our failures as learning opportunities while celebrating our victories.

Our outstanding selection combined with our knowledgeable and professional service creates life changing experiences, building trust and loyalty.

Our proactive involvement in serving the community inspires others to do the same. The respect and trust of the community has been earned through our core belief that life never gives back more than we put into it.

Duties:The Lease Administrator is responsible for efficiently performing lease administration functions to ensure compliance of lease terms, management or legal issues, and accurately tracking financial obligations for all lease documents in addition to other related tasks.

? Works with database management system(s), accounting and audit services.
? Effectively communicates appropriate changes, updates and information to all levels of management.
? Reviews for accuracy, coordinates and reconciles monthly rent roll reports for accounting in all markets.
? Reviews and compares all landlord monthly charges against recurring rent rolls and individual statements.
? Possesses the ability to calculate prorated share of operating expenses, property taxes, related leasing charges.
? Works with lease agreements containing Percentage Rent/Gross Sales provisions to ensure accuracy.
? Works directly with landlords on lease related issues and develops/ maintains positive relationships with landlords.
? Coordinates with Property Managers the timely submission, receipt and documentation of tenant notifications.
? Prepares and distributes all Monthly/Quarterly/Yearly landlord Gross Sales statements as required.
? Verifies, updates and communicates new store openings, lease amendments, renewals and options to all those in a need to know position.
? Communicates accurate lease data information to accounting for monthly, quarterly and annual close.
? Assists in preparation of annual budget forecast as well as analyzes and communicates budgeted vs. actual variances on a quarterly basis.
? Maintains file systems, including the data integrity of information contained in the database application used for tracking all Tenant and Lease related data.
? Other duties may be assigned such as working on special projects (i.e. acquisitions, dispositions, etc.)

Qualifications:To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

High School Diploma or equivalent combination of experience and education; three years of relevant experience in the commercial real estate lease administration industry and/or accounting and property management fields having worked in either (or both) the Landlord and Tenant sector.

Working experience with commercial real estate database applications such as REFLEX, ProLease, Yardi, or other lease management systems desireable.

Must understand leasing administrative functions, including base rents, escalations, lease accounting, accruals and issue resolutions.

Must possess intermediate to advanced skills in the use of software programs such as MS Word, Outlook, and Excel.