Lease Administrator/Lease Accountant
Douglas Development Corp
Washington, DC
Salary Estimate: Confidential
Employment Type: Full Time
Work Place: Office
Experience Required: 2+ to 5 years
Education Required: 4 Year College
Job Description
Douglas Development Corporation is currently seeking a Lease Accountant to join its dedicated team in Washington DC.
The Lease Accountant will be responsible for administering leases for their properties, ensuring the property accounting in compliance with the terms of the leases, preparation of rent and expense recoveries, other tenant billings, and responding to tenant inquiries regarding rental and additional charges.
Job Description:
- Interpret and abstract new leases, amendments, and other lease documents, and input into MRI
- Generate monthly charges and provide tenants with monthly statements
- Manage move notices, draft and track commencement agreements, and times update lease information in MRI
- Prepare Welcome letters, Rent Commencement letters, and other correspondence
- Prepare recovery pools and year end reconciliation for CAM, taxes and insurance
- Prepare income projections, post rental charges and provide annual CAM/RET/Insurance estimates
- Monitor Gross Sales and prepare percentage rent billings
- Monitor critical lease dates such as Letters of Credits, security reductions, Term Dates, Notice Dates, Lease options, and exercise dates
- Timely & accurately provide lease information to various departments, as needed.
- Work closely with leasing/legal and resolve tenant /landlord lease interpretation disputes
- Monitor payments and post cash applications to tenant accounts
- Rent collection, tenant correspondence, and communication with tenants as necessary
Related Jobs
Atlanta, GA
Sandy Springs, GA
West Hartford, CT
You have successfully applied for this role!
You can view the status of your application from your dashboard.
