About this role
Job DetailsJob Location: FL - Orlando, FL 32801Position Type: Full TimeABOUT THIS OPPORTUNITY
The Lease Compliance Administrator is responsible for the complete and accurate abstraction, set-up and ongoing administration of property, lease and loan documentation across multiple systems for NNN’s property portfolio. This role ensures tenant compliance with lease terms across the assigned portfolio, including rent payments, financial reporting, and adherence to real estate tax and insurance requirements. This includes the preparation and execution of billings, reconciliations, and rent escalations to ensure accuracy and consistency across the portfolio.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Review of documentation including, but not limited to Lease Agreements/Amendments/Assignments, Loan Agreements, Development Agreements, Closing Statements, Appraisals, Environmental Reports, Commitment Letters, etc.
Abstract, set-up and maintain property, lease and loan information in various systems
Responsible for the billing and receipt of rent and other payments due under the terms of the lease and assist with the collection of past due receivables
Prepare and send various communications to tenants, including monthly rent reminder letters and default notices as required
Review and assist with procuring data as required by lease agreements:
Sales and financial information
Certificates of insurance
Responsible for various facets of rent escalations for NNN’s tenants, as assigned:
Prepare and/or review CPI increase calculations and billings
Process sales figures, percentage rent calculations and billings
Responsible for real estate tax reconciliations, as assigned:
Working closely with NNN’s tenants and NNN’s 3rd party service provider ensuring timely payment
Quarterly budgeting, as well as the ongoing budget vs. actual performance
Responsible for Common Area Maintenance (CAM) reconciliations, as assigned:
Prepare with appropriate documentation as required by the lease agreement
Prepare, analyze and process 3rd party CAM reconciliations
Work closely with other departments
Accounting: lease billings, sales tax, accounts receivable and collection matters, quarterly budgeting for property level income, and other lease matters as necessary
Legal
Asset Management
Maintain and update lease compliance procedures, guidelines and controls manual, as necessary
Assist with periodic reporting and projects as needed
QualificationsEDUCATION AND/OR EXPERIENCE
Associate degree from an accredited college or university and two plus years related experience; or equivalent combination of education and experience.
Experience with Oracle E-Business Suite (A/R and Property Manager) and Microsoft Office Suite a plus.
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