Lease Analyst

The Building People, LLC, has a position open for a full-time Lease Analyst to support a state government customer in Virginia. Note: Position may be located in either Northern, VA or Richmond, VA. 

Responsibilities

• Lease Administration:

• • Maintain and update lease databases and systems.
  • Review lease agreements and abstract key terms and conditions.
  • Track lease expirations, renewals, and terminations.
  • Monitor rent payments, escalations, and adjustments.
  • Prepare lease summaries, reports, and analyses.

• Lease Compliance:

• • Ensure compliance with lease terms and conditions.
  • Monitor lease compliance with regulatory requirements.
  • Review and analyze lease-related financials.

• Lease Negotiation Support:

• • Assist in lease negotiations and renewals.
  • Provide lease analysis and recommendations.
  • Support lease negotiations with landlords and tenants.

• Lease Auditing:

• • Conduct lease audits and reconciliations.
  • Identify and resolve discrepancies in lease terms and payments.
  • Ensure accuracy in lease-related financials.

• Documentation Management:

• • Maintain lease documents, files, and records.
  • Organize and manage lease documentation for easy retrieval.
  • Ensure proper documentation of lease-related transactions.

• Tenant and Landlord Relations:

• • Serve as a point of contact for tenants and landlords.
  • Address lease-related inquiries and issues.
  • Coordinate lease-related communications.

• Reporting and Analysis:

• • Prepare lease-related reports and analyses.
  • Analyze lease data for trends and insights.
  • Provide recommendations for lease optimization and cost savings.

• Team Collaboration:

• • Work collaboratively with internal teams and stakeholders.
  • Coordinate with legal, finance, and property management teams.
  • Provide lease-related support to other departments as needed.

• Compliance and Regulatory Knowledge:

• • Stay informed about lease accounting standards and regulations.
  • Ensure compliance with lease accounting standards and guidelines.
  • Stay updated on industry trends and best practices in lease management.

• Continuous Improvement:

• • Identify opportunities for process improvement and automation.
  • Implement best practices in lease administration and management.
  • Participate in training and professional development activities.

• Experience:

• • Minimum of 2-5 years of experience in lease administration or lease analysis.
  • Experience with lease management software or systems.
  • Experience in real estate or property management.

• Skills:

• • Strong analytical and problem-solving skills.
  • Ability to interpret lease agreements and understand lease terms and conditions.
  • Proficiency in Microsoft Excel or similar spreadsheet software.
  • Attention to detail and accuracy in data entry and analysis.
  • Strong communication skills to interact with internal and external stakeholders.
  • Ability to work independently and in a team environment.
  • Knowledge of real estate and lease terminology and concepts.

 Preferred Experience & Skills 

• Lease work experience in a government or public sector setting.
• Knowledge of lease accounting standards such as FASB ASC 842 or IFRS 16 may be beneficial.
• Experience with lease abstraction and summarization.
• Familiarity with lease auditing and reconciliation processes.
• Understanding of lease financials and rent calculations.
• Experience in conducting lease audits and lease compliance reviews.
• Certifications such as Certified Lease & Title Analyst (CLTA) or Certified Lease Professional (CLP) may be preferred or required.

Required Education

• A bachelor's degree in business, finance, real estate, or a related field.
• A master's degree may be preferred.