Location
Richmond, VA | United States
Job description
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
- 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.
- 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.
- 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.
- Prepare lease-related reports and analyses.
- Analyze lease data for trends and insights.
- Provide recommendations for lease optimization and cost savings.
- 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.
- Identify opportunities for process improvement and automation.
- Implement best practices in lease administration and management.
- Participate in training and professional development activities.
Required Experience & Skills
- 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.
- 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.
Job tags
Salary