Lease Administrator/Abstractor

Alcority
Dallas, TX Full Time
POSTED ON 1/18/2022 CLOSED ON 4/14/2022

What are the responsibilities and job description for the Lease Administrator/Abstractor position at Alcority?

About the Role:

Alcority is a shared business service provider of Finance and Accounting, HR, IT, REFM, Sourcing, Procurement and Risk Management & Insurance services to a portfolio of global customers. Alcority shared services are provided through a network of service delivery centers located in New York, Connecticut, Dallas, Houston, and London.

The Alcority Real Estate & facility management Team is seeking a Lease Administrator/ Abstractor to join the team to assist the manager with lease administration activities The person in this role will support the Lease Administration Team.

Responsibilities:

  • Collaborate with REFM Team and other cross-departmental groups to produce
    lease abstractions, M&A due diligence, client services and requested information and documentation.
  • Ensure Distribution of fully executed documentation to all respective PortCo groups.
  • Manage document library in Costar system (i.e. catalog documents, OCR, and label in accordance with the company establish document naming convention).
  • Gather and manage internal data inputs across multiple internal systems and processes.
  • Prepare lease abstracts in Costar database.
  • Assist with monthly rent rolls preparation.
  • Monitor, prepare and distribute real estate lease critical dates and options reports, and work closely with the Real Estate and Facilities Management team to update the Costar database accordingly.
  • Execute data reconciliation process to ensure 100% data integrity in Costar system.
  • Ensure 100% data integrity in Costar system.
  • Perform accurate and detailed data reconciliations in Costar system.
  • Monitor, prepare and distribute critical dates and options reports.
  • Perform invoice reconciliation and prepare report(s) for discrepancies
  • Proactively identify and contribute to departmental and company-wide improvement opportunities.
  • Leverage company and industry best practices to ensure that customer touchpoints are coordinated, efficient, and consistently high-quality.
  • Ad- Hoc assignments.

Requirements:

  • 5 - 8 years of experience in commercial lease administration environment.
  • Bachelor’s degree required.
  • Attention to details a must.
  • Ability to understand, interpret and abstract complex commercial lease documentation.
  • Ability to perform quality review of the abstracted data.
  • Superb abstraction skills, customer service, communications, organization, and interpersonal skills.
  • Ability to work in a fast -paced environment and manage well through ambiguity and complexity.
  • Knowledge of real estate real estate terms/concepts a must.
  • Ability to identify and mitigate data quality issues effectively.
  • Exceptional analytical and quantitative problem-solving skills.
  • Superior MS Applications Skills (i.e. Excel, PowerPoint, Visio etc.)
  • Knowledge of Costar system a plus.
  • Ability to communicate complex ideas effectively, both verbally and in writing.
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