Site Abstraction Specialist

KGP Telecommunications•Newark, NJ

About The Position

Circet USA is seeking a Site Abstraction Specialist with site abstraction experience, specifically lease abstraction using Verizon FUZE. The role is responsible for determining accurate rental payments for macro and small cell telecommunications leases between a carrier client and major tower companies. The specialist abstracts telecommunications leases and amendments, enters updated information into an enterprise database, determines monthly and annual rent streams and escalators, reconciles and processes back-rent payments, and audits existing leases for accuracy. The role also involves retrieving and managing assignments in Verizon FUZE, reviewing the associated lease packages and documents, verifying document accuracy, and returning packages to Verizon for resolution when discrepancies are found.

Requirements

  • Bachelor's degree in Business, Real Estate, or a related field, or an equivalent combination of education and experience.
  • 3–5 years of site acquisition experience in the telecommunications industry.
  • Ability to abstract telecommunications leases and amendments and enter updated information into an enterprise database.
  • Ability to determine monthly and annual rent streams and lease escalators.
  • Ability to audit existing leases in an enterprise database for accuracy.
  • Excellent negotiation skills and ability to influence stakeholders.
  • Strong project management skills, including managing multiple projects simultaneously.
  • Excellent communication and interpersonal skills.
  • Ability to work independently and in a team environment.
  • Ability to read, analyze, and interpret scientific and technical journals, financial reports, and legal documents.
  • Ability to respond to inquiries or complaints from customers, regulatory agencies, or members of the business community.
  • Ability to present information effectively and respond to questions from executive management, public groups, clients, and customers.
  • Ability to solve practical problems involving varied concrete variables and limited standardization.
  • Ability to interpret written, oral, diagram, or schedule-form instructions.

Responsibilities

  • Abstract telecommunications leases and amendments and enter updated information into the enterprise database.
  • Determine monthly and annual rent streams and lease escalators.
  • Reconcile and process back-rent payments.
  • Audit existing leases in the enterprise database to verify accuracy.
  • Retrieve assignments daily from Verizon FUZE, manage assigned sites, and ensure assignments are correctly received.
  • Coordinate with Verizon to ensure only appropriate assignments are obtained.
  • Review FUZE packages and the documents needed to complete abstractions.
  • Review lease package documents for accuracy and return packages to Verizon for resolution when discrepancies exist within the documents or between documents and FUZE.

Benefits

  • Medical insurance
  • Dental insurance
  • Vision insurance
  • Digital health and wellness support
  • Critical illness insurance
  • Accident insurance
  • Hospital insurance
  • Short-term disability insurance
  • Long-term disability insurance
  • Group term life insurance
  • Voluntary life insurance
  • Flexible Spending Accounts
  • Health Savings Accounts
  • Paid Time Off
  • 401K
  • Company discount website
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