Consultant, Real Estate Lease Administration
Cardinal Health
full-time
Posted on:
Location Type: Hybrid
Location: Dublin • Ohio • United States
Visit company websiteExplore more
Salary
💰 $67,500 - $96,300 per year
About the role
- Abstracting and interpreting commercial lease documents (leases, amendments, subleases) and other real estate related documents ensuring compliance with company policies and procedures
- Interpret and analyze lease language to determine the right course of action as to Landlord and Tenant responsibilities
- Monitor and manage critical dates and deadlines, including but not limited lease commencement and expiration dates, rent commencement dates, option deadlines, etc.
- Actively guide and track company interest and rights of the lease under routine circumstances such as security deposit burn off, TI Allowance expenditure or other lease specified LL & Tenant obligations
- Interact with landlords and 3rd party lease stakeholder on lease administration matters including vendor set-up, billing questions, insurance requirements, and lease matters
- Liaise with legal counsel and business units to resolve facility disputes
- Draft formal correspondence, letters, and legal notices
- Process monthly rent payments and billing adjustments, including operating expense reconciliations and year-end adjustments.
- Subtenant administration to include collection and tracking of rental income and invoicing of operating expenses.
- Complete year end desk top audits of Operating Expenses
- Provide actual and forecasted expense information requested by internal finance team members
- Maintain and keep organized electronic file database
- Contributes to the evaluation and improvement of current lease administration procedures and guidelines, to promote organization, efficiency, & compliance
- Handle Special Projects as assigned
Requirements
- Bachelor's degree in related field, or equivalent work experience, preferred
- 5+ year Lease Administration experience working with medical, commercial office and warehouse Leases
- Experience performing commercial Real Estate Transactions a plus
- Experience with CoStar Real Estate Manager or similar SAAS real estate system
- Accounts Payable and Account Receivable experience preferably in commercial real estate
- Strong written and oral communication skills
- Must be motivated and self-starter with the ability to handle multiple tasks and prioritize workload
- Must be organized, detailed oriented and can determine solutions to problems as they arise
- Microsoft Office Suite – Expert
- Notary preferred
Benefits
- Medical, dental and vision coverage
- Paid time off plan
- Health savings account (HSA)
- 401k savings plan
- Access to wages before pay day with myFlexPay
- Flexible spending accounts (FSAs)
- Short- and long-term disability coverage
- Work-Life resources
- Paid parental leave
- Healthy lifestyle programs
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
lease administrationcommercial real estate transactionsaccounts payableaccounts receivableexpense reconciliationlease document interpretationfinancial forecastingdesktop auditsvendor managementbilling adjustments
Soft Skills
strong written communicationstrong oral communicationmotivatedself-starterorganizational skillsdetail-orientedproblem-solvingability to prioritize workloadinterpersonal skillscollaboration
Certifications
Bachelor's degreeNotary