Job Title
Portfolio Administration CoordinatorJob Description Summary
Responsible for reviewing leased and owned property documents as well as compiling and maintaining critical location data including financial and contractual obligations as part of the lease administration process. Emphasis on reconciliations of landlord financial reports with CW's internal records.Job Description
Responsibilities:
- Review, abstract and/or perform quality control data audits of documents including updating and maintaining all lease information and data in our technology information systems, as required
- Ensure proper document management measures are followed for all leased, owned and other associated documents. Maintain file retrieval/storage, scan documents, and open/distribute mail
- Review invoices in conjunction with lease requirements and collect proper supporting back-up documentation from landlords/billing authorities and confirm all calculations are correct
- Conduct desktop audits of Year-End Common Area Maintenance (CAM), Insurance, and Real Estate Tax reconciliations, interpret, and analyze all charges for accuracy, in accordance with lease documents. Directly responsible for dispute resolution with landlord for any identified discrepancies
- Responsible for ensuring financial obligations are accurate and that monthly rents are processed in a timely manner
- Coordinate and communicate with internal stakeholders globally
- Oversee and manage the subtenant process including the recording and collection of monthly rent and the pass-through of invoices and year-end reconciliations
- Communicate frequently with internal and external partners. Notify internal stakeholders of critical dates, real estate policies and procedures, and assist with general inquiries
- Request and process certificates of insurance as required by the lease document
- Review Estoppels and Subordination Non-Disturbance Agreements (SNDA's) against the lease terms
- Regularly exercises good judgment and logic in responding to leased and owned property inquiries from internal stakeholders and/or landlords
- Ensure that productive landlord and subtenant relationships are maintained in accordance with the lease and sublease agreements
- Establish task priorities and create schedules for portfolio objectives
- Able to manage multiple projects/priorities in a fast-paced environment
- Assist managers with timely and accurate financial and critical date reports for presentment, identify and record savings, identify exceptions, investigate causes of exceptions, and recommend solutions
- Assist or oversee special projects as requested by leadership
- Partner with the manager and transition team to get new accounts established quickly and smoothly
- Assist manager or oversee the creation and continuous updates to process playbooks
- Provide guidance and direction to other Portfolio Administration Coordinators on various tasks and projects
- Stay up to date on the latest industry standards and trends
- High School diploma or GED required
- Bachelor's Degree preferred in any field; business, finance/real estate, accounting ideal
- Customer Service Skills Communication Proficiency (oral and written) Organization Skills Analytical Skills Technical Proficiency Research Skills Detail Oriented Interpersonal Skills Sense of Urgency
- Ability to understand, interpret, and abstract complex real estate lease terminology
- Working knowledge of financial terms
- Strong proficiency with MS Office Suite (MS Word, Excel and PowerPoint)
Cushman & Wakefield also provides eligible employees with an opportunity to enroll in a variety of benefit programs, generally including health, vision, and dental insurance, flexible spending accounts, health savings accounts, retirement savings plans, life, and disability insurance programs, and paid and unpaid time away from work. In addition to a comprehensive benefits package, Cushman and Wakefield provide eligible employees with competitive pay, which may vary depending on eligibility factors such as geographic location, date of hire, total hours worked, job type, business line, and applicability of collective bargaining agreements.
The compensation that will be offered to the successful candidate will depend on factors such as whether the position is covered by a collective bargaining agreement, the geographic area in which the work will be performed, market pay rates in that area, and the candidate's experience and qualifications.
The company will not pay less than minimum wage for this role.
The compensation for the position is: $7.25 - $23.65Cushman & Wakefield provides equal employment opportunity. Discrimination of any type will not be tolerated. Cushman & Wakefield is an Equal Opportunity / Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability, protected veteran status or any other characteristic protected by state, federal, or local law.
In compliance with the Americans with Disabilities Act Amendments Act (ADAAA), if you have a disability and would like to request an accommodation in order to apply for a position at Cushman & Wakefield, please call the ADA line at 1-888-365-5406 or emailHRServices@cushwake.com. Please refer to the job title and job location when you contact us.
Employment Type: ["FULL_TIME"]