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Golden 1 Credit Union · 4 weeks ago

Corporate Services - Lease Administrator

8945 Cal Center Dr, Sacramento, CA 95826, USA

Full-time

Hybrid

Mid, Senior Level

$85K/yr - $93K/yr

5+ years exp

Golden 1 Credit Union is seeking a Lease Administrator responsible for managing the lease process for their property portfolio. This role involves negotiating lease terms, reporting lease payments, and preparing property recommendations for executive leadership while ensuring excellent organizational and communication skills are applied.

BankingFinanceFinancial Services

Responsibilities

Leads in identification, analysis and negotiation of real estate terms

Direct the flow of real estate transactions by coordinating with brokers, attorneys, landlords

Develop and execute all lease documents, including drafting and reviewing lease agreements and amendments ensuring compliance with legal requirements

Independent management of the real estate portfolio

Monitor and maintain current and accurate records of all lease documents, including rent, common area maintenance (CAMs) and landlord contact information

Develop and maintain lease abstracts and monthly reports of current leases, upcoming renewals, and expirations

Enter Abstracted documents in Database

Tracks payables and receivables associated with the leases in the portfolio through a monthly spreadsheet. Monitor for accuracy and appropriateness

Code and submit payable information to the Accounting Department for processing

Monitor lease expiration dates and coordinate renewal process with landlords

Perform comprehensive review of data to provide recommendations to Retail executives on property openings, renewals or closures

Understand terms of the lease including termination terms

Audit account monthly to ensure lease terms are adhered to in lease CAM and rent charges

Provide annual budget and forecasting for all rental and facilities expenses. Provide monthly budget variance report analysis. Prepare quarterly and annual property reports for Executive review, ensuring accuracy and on-time delivery. Prepares periodic ad hoc reports

Develop and maintain relationships with landlords and vendors

All other duties as assigned by Management

Qualification

Lease administrationReal estate negotiationFinancial analysisMicrosoft ToolsProperty managementCustomer serviceMultitaskCLA certificationOrganizational skillsCommunication skillsAttention to detailTime management