What are the responsibilities and job description for the Lease Administration Analyst position at PSG Global Solutions?
Description
We're looking for a Lease Administration Analyst , working in Real Estate industry in Newton, Massachusetts, United States .
Please make an application promptly if you are a good match for this role due to high levels of interest.
Responsibilities :
- Abstracts critical lease terms, including recovery clauses, for new Leases, Lease Amendments, Lease Terminations, Assignments and other lease documents within Yardi.
- Reviews and approves lease abstractions processed by third-party for Executed Deals.
- Provides a heightened focus on properly capturing Revenue Recognition items and Encumbrance data to ensure effective reporting.
- Reviews and approves lease abstractions processed by third-party for Acquisition related deals.
- Collaborates and discusses Revenue Recognition items with Accounting Manager and Manager, Lease Administration to ensure compliance with established SOX 404 Narratives.
- Maintains open communication with Real Estate Services regarding building square footage modifications, unit changes, lease document status, move-in / out forms, major tenant information, and other open portfolio issues.
- Assists with the calculation and booking of Percentage Rent and Sub-Rent Receivable Income, when applicable.
- Works with Records Management Administrators to resolve discrepancies relating to tenant lease files to ensure documents are properly reflected in the Digital Lease Library.
- Assists with new acquisitions by setting up core Tenant information in Yardi.
- Assists with capital recycling efforts as they arise by supporting the team with the Estoppel Management process.
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