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Lease Analyst
3 months ago
Our real estate client in downtown Chicago is seeking a Lease Analyst for a direct hire position If you are passionate about leases, real estate, finance and are extremely detail oriented - we encourage you to apply
This position is responsible for mastering all phases of analysis, administration, and processing of all lease data and charges, including data verification, analysis and preparation of all billings, such as monthly recurring charges, real estate tax and percentage rent. Lease data is used by all areas of the company. As such, it is extremely important that the data be accurate and updated on a timely basis. The Analyst will gain a working knowledge of how JDE set-up impacts company-wide reporting and will comply with corporate and departmental policies and procedures.
**Responsibilities**:
- Complete all legal documents based on department guidelines, including abstraction, review, interpretation, input, and analysis of the information
- Reconcile, bill and analyze current and prior annual tenant real estate tax obligations in accordance with specific lease requirements
- Complete tenant billing recoveries for common area maintenance and utilities
- Process overage rent, including review of non-standard setup and completion of monthly billing
- Maintain all tracking schedules
- Work in conjunction with other departments to resolve tenant disputes and inquiries in a timely manner, including finance, legal, and accounting
- Prepare analysis of financial impacts related to co-tenancy inquiries
- Identify and escalate problematic lease language that is financially detrimental or difficult to efficiently administer
- Participate in due diligence for potential acquisitions
- Special projects as required
**Qualifications**:
- High School diploma or GED required
- Bachelor's Degree in Business Administration, Accounting or Finance preferred
- 2 years of commercial real estate experience preferred
- Naturally driven to meet expected deadlines
- Detail oriented
- Understanding of basic accounting and business principles
- Knowledge of Excel and personal computer software
- Good written and oral communication skills
This position is onsite for 3 days/week and remote for 2 days/week.
Pay: $55,000.00 - $63,000.00 per year
**Benefits**:
- 401(k)
- Dental insurance
- Health insurance
- Paid time off
- Vision insurance
Schedule:
- 8 hour shift
Work setting:
- In-person
**Experience**:
- lease analysis or abstraction: 1 year (required)
Work Location: In person
