Be an early applicantLess than 25 applicants
Scribcor · 2 days ago
Account Manager
Greater Chicago Area
Full-time
Hybrid
Mid Level
3+ years exp
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Maximize your interview chancesLeasingProperty Management
Insider Connection @Scribcor
Responsibilities
Partner with clients to provide ongoing Lease Administration support to manage their Real Estate and equipment portfolios.
Manage lease documentation, including lease amendments, equipment agreements, sublease agreements, renewals and extensions, tenant estoppels and ancillary real estate documents.
Provide database management support and efficient management of day-to-day operations and tasks.
Accurately interpret, manage, and track ongoing lease abstraction for the timely and correct payment of rent and other financial obligations.
Perform second level quality check of lease abstraction to validate lease data and attributes for completeness and accuracy.
Review, track and monitor key lease provisions such as options, expirations, kick-outs, tenant improvement allowance, percent rent reporting and co-tenancy. Report back to client on any potential discrepancy or violations.
Process and facilitate payment of real estate related invoices, including but not limited to, rent, percent rent, common area maintenance, insurance, real estate tax, utilities and other rebillable expenses.
Prepare invoices for subtenants, reconcile subtenant accounts, track and record receivables associated with sublease tenants within lease administration database.
Perform annual operating expense reconciliations, monitor audit windows, and audit requirements contained in the lease documents. Actively track and identify any potential cost savings or discrepancies.
Review, track and analyze CPI or other rent escalations and amortization schedules for capital improvement repairs. Ensure compliance with landlord and tenant obligations and validate the terms are in-line with the lease documents.
Establish and maintain strong working relationship with client and conduct periodic meetings to review ongoing lease administration operations and tasks.
Actively monitor client profitability by assessing procedures, system tools, and resources to identify opportunities to increase profit margin.
Assist client in resolving critical issues by researching and gathering information about payment transactions, lease terms and other relevant items as requested.
Prepare and distribute critical date reports; assist with the development of ad hoc reports as needed to support routine reviews, accounting, and financial reporting needs.
Develop, implement, and maintain procedures and systems to continually improve and streamline lease administration processes.
Act as single point of contact for any lease administration concerns.
On a daily basis promote, practice and adhere to Scribcor’s core values.
Qualification
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Required
Bachelor’s degree preferred
3+ years of experience in Property Management and/or Lease Administration functions
Proven track record of lessee-focused commercial lease administration and decision-making responsibility for enforcing lease rights
Prior experience with commercial leases and lease administration/lease accounting software preferred
Preferred
Paralegal certificate preferred, but not required
Excellent written and oral communication skills, maturity in judgement and managing difficult situation with landlords and tenants
Strong analytical skills and attention to detail
Exceptional organization and time management skills, ability to solve problems creatively and resourcefully
Team player with ability to work with business partners and teams across functional areas.
Ability to read and interpret legal language
Company
Scribcor
For over thirty years, Scribcor has been dedicated to helping national and multi-national tenants manage their commercial leases efficiently and effectively.
11-50 employees
Funding
Current Stage
Early StageCompany data provided by crunchbase
