Lease Administrator

Agree Limited Partnership • Royal Oak, MI

4d • Onsite

About The Position

Agree Realty is looking to add a Lease Administrator to our team. This position is responsible for supporting the Lease Administration function of our Accounting department. Primary responsibilities include the maintenance and interpretation of lease and property data for our retail tenants and properties, the monthly and periodic billing and maintaining healthy relationships with our tenants, and collection of amounts billed.

The ideal candidate possesses strong analytical skills, an ownership mentality, and the ability to work collaboratively with professionals across the organization. This position will report directly to the Director of Lease Administration and will collaborate across the organization and most regularly with the Property Management, Property Accounting, Due Diligence, Corporate Accounting, and Finance Teams.

Requirements

• At least three years of relevant work experience preferred.
• Thrives both as an independent contributor and as a collaborative team member.
• Adaptable and responsive in a fast -moving and dynamic environment.
• Comprehension of basic accounting functions and accounts receivable ledgers.
• Basic understanding of straight-line income to conform to FASB13 and ASC842 guidelines.
• Ability to apply effective problem-solving skills.
• Solid analytical skills with attention to detail.
• Strong math aptitude.
• Proficient in Microsoft Office, especially Outlook, Teams and Excel.

Nice To Haves

• Experience with collections and/or interpreting commercial real estate leases preferred.
• Experience with MRI and Real Estate software is a plus.

Responsibilities

• Analyze and abstract key lease information to ensure all property and tenant profiles are accurate and up to date.
• Perform monthly tenant billings for a portfolio of properties, including base rent, recoveries for insurance, real estate taxes, and common area maintenance, percentage rent, and CPI based increases.
• Drive collection of all outstanding accounts receivable balances for a portfolio of properties.
• Review annual reconciliations of insurance, real estate taxes, and common area maintenance costs and assemble the necessary detailed supporting documentation for tenants.
• Work collaboratively with property managers to resolve lease or property questions or requests.
• Respond to data requests from tenants and communicate effectively to resolve questions.
• Research complex lease or property issues and suggest resolutions.
• Participate in strategic planning/growth and special projects for the department and company.

Benefits

• 100% company-paid monthly health insurance premiums for team members and dependents
• 100% company-paid short-term, long-term, and life insurance premiums for team members
• Simple IRA retirement plan with 3% company match
• 3 company-provided lunches per week
• Onsite fully equipped gym and locker rooms
• Opportunity to volunteer at a charity of your choosing with our Agree Gives Back program

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed