Senior Lease Auditor
Job Title
Senior Lease AuditorJob Description Summary
Provide direct support to commercial brokerage teams by delivering lease audit and lease administration services to their clients, often serving as an integral member of the client’s real estate team. Responsibilities include reviewing and analyzing lease documents, performing desktop audits of reconciliations and operating expense statements as well as full-scope audits, in accordance with lease terms, and responding to client-specific inquiries.This role works closely with local brokerage teams and supports a multitude of accounts. The position also provides as-needed support to the Senior Director on broader portfolio administration functions and oversees day-to-day client-level activities, acting as the primary point of contact for clients, brokers, and senior leadership
Job Description
Essential functions and responsibilities
- Review client invoices in conjunction with lease requirements and collect proper supporting back up documentation from landlords/billing and real estate tax authorities and confirm all calculations are correct.
- Conduct desktop audits of Year-End Common Area Maintenance (CAM), Insurance, and Real Estate Tax reconciliations, interpret, and analyze all charges for accuracy, in accordance with lease documents.
- Directly responsible for dispute resolution with landlords for any identified discrepancies and the recovery of overcharges, followed by direct communication with our Clients once all charges have been fully resolved and approved.
- Responsible for ensuring the financial obligations of our Clients are accurate and that the monthly rents are processed in a timely manner.
- Communicate frequently with internal brokers and external partners. Notify client of critical audit dates, real estate policies and procedures, and assist with general inquiries.
- Update and maintain all lease information and data in our technology information systems.
- Establish and maintain client files.
- Regularly exercises good judgment and logic in responding to inquiries from the client and/or landlords.
- Ensure that productive landlord relationships are maintained in accordance with the lease agreements.
- Able to manage multiple projects/priorities in a fast-paced environment.
- Stay up to date on the latest industry standards and trends.
Key Competencies
Customer Service Skills Communication Proficiency (oral and written) Organization Skills Analytical Skills Technical Proficiency Research Skills Detail Oriented Interpersonal Skills Sense of Urgency
education
- High School diploma or GED required
- Bachelor’s Degree preferred in any field; business, finance/real estate, accounting ideal
- CPA or equivalent professional accounting designation a plus
additional eligibility qualifications
- 7-10+ years of experience in lease auditing/administration, property management or related field.
- Expertise in cost analysis, gross up calculations, review of ledgers, contracts, and other financial books and records
- Ability to understand and interpret complex real estate lease terminology
- Proven record of providing excellent internal and external client service; experience in a professional services firm preferred
- Proven record of negotiating landlord audit findings, recovery opportunities, lease interpretation disputes
- Strong proficiency with MS Office Suite (MS Word, Excel, and PowerPoint) and
- Strong interpersonal, written/verbal communication skills
WORK ENVIRONMENT
This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers.
PHYSICAL DEMANDS
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. While performing the duties of this job, the employee is regularly required to communicate with others and exchange accurate information; operate a computer and other office productivity machinery; move about the workplace; remain in a stationary position for 75% of the time; and extend hands and arms in any direction.
aap/eeo statement
C&W provides equal employment opportunity to all individuals regardless of their race, color, creed, religion, gender, age, sexual orientation, national origin, disability, veteran status, or any other characteristic protected by state, federal, or local law. Further, C&W takes affirmative action to ensure that applicants are employed and employees during employment are treated without regard to any of these characteristics. Discrimination of any type will not be tolerated.
other duties
This job description is not designed to cover or contain a comprehensive list of activities, duties or responsibilities that are required of the employee. Other duties, responsibilities and activities may change or be assigned at any time with or without notice.
Note: This job description includes the core responsibilities for C&W. These duties may have slight modifications based on the regional location.
Cushman & Wakefield also provides eligible employees with an opportunity to enroll in a variety of benefit programs, generally including health, vision, and dental insurance, flexible spending accounts, health savings accounts, retirement savings plans, life, and disability insurance programs, and paid and unpaid time away from work. In addition to a comprehensive benefits package, Cushman and Wakefield provide eligible employees with competitive pay, which may vary depending on eligibility factors such as geographic location, date of hire, total hours worked, job type, business line, and applicability of collective bargaining agreements.
The compensation that will be offered to the successful candidate will depend on factors such as whether the position is covered by a collective bargaining agreement, the geographic area in which the work will be performed, market pay rates in that area, and the candidate’s experience and qualifications.
The company will not pay less than minimum wage for this role.
The compensation for the position is: $ 83,725.00 - $98,500.00Cushman & Wakefield is an Equal Opportunity employer to all protected groups, including protected veterans and individuals with disabilities. Discrimination of any type will not be tolerated.
In compliance with the Americans with Disabilities Act Amendments Act (ADAAA), if you have a disability and would like to request an accommodation in order to apply for a position at Cushman & Wakefield, please call the ADA line at 1-888-365-5406 or email Accommodations@cushwake.com. Please refer to the job title and job location when you contact us.
INCO: “Cushman & Wakefield”