Lease Administrator

Why DLC: 
DLC is proud to be certified as a Great Place to Work and is driven by a strong culture and entrepreneurial foundation. DLC is one of the nation's leading owners and operators of open-air retail shopping centers and has expertise in all facets of commercial real estate. At DLC our teammates make all the difference, and we offer industry-leading training and career development to assure your success.
Role and Responsibilities:
The Lease Administrator is an integral part of the team and will be responsible for:  

• Monitoring bank account activity for income and irregularities
• Posting daily tenant receipts within MRI
• Responding to tenant inquiries and disputes in a timely manner
• Assisting with monthly rent up of tenant accounts
• Sorting in-office mail and processing remote check deposits
• Managing collections for assigned properties through emails and phone calls
• Collecting sales reports, certificates of insurance, etc. from tenants in accordance with lease for assigned properties
• Interpreting the common area maintenance (CAM)/insurance/tax section of tenant leases
• Setting up, continuous monitoring & updating of reconciliation expense pools within MRI
• Preparing CAM, tax, and insurance reconciliations under tight deadlines
• Preparing and tracking annual, semi-annual, and quarterly real estate tax chargebacks for select national tenants
• Preparing reconciliations for sold properties to provide to buyer
• Tracking sold entities and collecting due amounts from buyer
• Supplying tenants with reconciliations and applicable backup through the AR software, VersaPay
• Assisting the Leasing and Legal departments in CAM, tax, and insurance calculations during the lease negotiation phase to project estimates of a tenant’s CAM charges
• Monitoring of CAM expense in the general ledger and acting as a liaison between Accounting and Property Managers to ensure the accuracy of CAM expenses
• Reviewing LeaseProbe upload of new leases and amendments in MRI for accuracy
• Assisting Property Accountants with the creation & updating of property budgets within MRI
• Assist Lease Admin Manager on ad hoc projects

Our Ideal Candidate:

• BS or BA degree
• Basic accounting background
• Thrives in a fast-paced environment with the ability to prioritize and manage tight deadlines
• Organized and reliable with strong analytical skills and attention to detail
• A proactive team player with a positive can-do attitude
• Strong interpersonal and communication skills
• Experience in lease administration or reading/interpreting lease language a plus
• Knowledge of the MRI software a plus

What We Offer: 

• Compensation and Benefits: 

• Competitive pay 
• Profit sharing opportunities  
• 401K company match  
• Medical, Dental, and Vision Insurance  
• HSA  

• Work-Life Balance: 

• Hybrid work model 
• 20+ paid days off annually 
• 13+ paid holidays in addition to PTO 
• Paid parental leave 

• Career Development: 

• Industry-leading training and development 
• Open door policy  
• Industry trade shows and event access 
• Mentorship program

The expected salary for this position is $60,000.  The actual compensation will be based on factors such as scope and responsibilities of the position, candidate's work experience, education/training, job-related skills, internal peer equity, market and business considerations and other factors permitted by law.
About DLC: 
DLC has grown to be one of the nation’s largest and most sought-after privately held owners, operators and managers of open-air retail shopping centers. DLC has expertise in acquisitions, capital markets, development, redevelopment, architecture, leasing, and management. 
Founded in 1991, DLC has been one of the nation’s preeminent owners, operators, and managers of shopping centers. Our portfolio includes millions of square feet of attractive retail space and continues to expand as we complete additional acquisitions.
 

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