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Lease Administration Specialist

2 months ago

Dubai, Dubai, United Arab Emirates Jobot Full time
Job Summary

Jobot is seeking a highly detail-oriented and analytical Lease Administration Specialist to join our team. As a key member of our operations team, you will be responsible for ensuring the smooth administration of our retail leases.

Key Responsibilities
  • Lease Document Management: Abstract, interpret, and maintain retail lease documents, ensuring accuracy and compliance with company policies.
  • Financial Analysis: Review and record all lease-related transactions, including monthly rent, insurance, CAM, and taxes, to ensure proper accounting and reconciliation.
  • Rent Variance Analysis: Prepare rent variance analysis for monthly reporting and annual budgeting, providing insightful recommendations to senior management.
  • Tenant Analysis: Analyze leases and tenant economic scenarios, gathering thoughtful conclusions and presenting recommendations to senior management.
  • Billings and Rent Projections: Perform monthly tenant billings, rent roll changes, and rent projections, applying basic ledger functions as needed.
  • Critical Date Tracking: Track critical dates related to lease clauses and landlord deadlines, ensuring timely compliance.
  • Landlord-Tenant Issues: Resolve landlord-tenant issues related to lease language and rent charges, providing excellent customer service.
  • Account Reconciliation: Analyze account ledgers and initiate contact with tenants to collect arrears and/or reconcile outstanding balances.
  • Financial Forecasts: Prepare financial forecasts, budgets, and annual reconciliations, adhering to strict deadlines and prioritizing multiple tasks.
  • Special Projects: Assist in special projects as assigned, demonstrating flexibility and a willingness to learn.
Requirements
  • Education: AS/BS in Accounting, Finance, or Business-related field or 1-2 years of experience in a business environment.
  • Technical Skills: Proficient computer skills, MS Excel experience preferred.
  • Analytical Skills: Strong analytical skills with an interest in expanding financial analysis skills.