Lease Administrator, Recoveries - North Bethesda, United States - Federal Realty Investment Trust

Federal Realty Investment Trust

Verified Company

North Bethesda, United States

3 weeks ago

Posted by:

Mark Lane

beBee recruiter

Description

Overview:

We are currently sourcing for an experienced Lease Administrator in Recoveries to join our Lease Administration team in our corporate office in North Bethesda, Maryland.

In this role you will focus on recoveries and be responsible for the day-to-day duties associated with billing Year End Common Area Maintenance (CAM) and Real Estate Tax Reconciliations for a portfolio of properties.

This position serves as a liaison between Landlord and Tenant with regard to compliance of the Lease provisions related to Tenant Recoveries.

Responsibilities:

Read and interpret lease documents
Calculate, prepare and send yearend Common Area Maintenance (CAM) and real estate tax recovery billings
Calculate, prepare and send monthly adjustments for CAM and tax based on budgeted costs
Process account adjustments and prepare account reconciliations
Responsible for base line collections of recovery billings
Prepare special billings
Research and resolve recoveryrelated tenant disputes
Respond to various tenant correspondence including tenant CAM audits
Special projects as needed
Other duties as assigned

Qualifications:

3+ years of previous Lease Administration experience with a retail real estate or property management company required
Undergraduate degree preferred
Excellent background in preparation and billing of Common Area Maintenance and Real Estate Tax recoveries in a Retail Real Estate environment
Independent worker with excellent organizational and team skills
Ability to juggle multiple tasks under time constraints
High proficiency in Microsoft Excel
Effective communication skills, both verbal and written

Federal Realty Investment Trust is an Equal Opportunity / Affirmative Action employer.

Federal values a diverse workforce and is committed to providing equal employment and advancement opportunities to all employees and applicants.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, national origin, age, disability, genetics, sexual orientation, or protected Veteran status.

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Federal Realty Investment Trust does not accept unsolicited resumes through or from search firms or staffing agencies.

All unsolicited resumes will be considered the property of Federal Realty Investment Trust and Federal Realty Investment Trust will not be obligated to pay a placement fee.

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