CBRE Group, Inc

Senior Lease Administration Manager

CBRE Group, Inc$90K — $100K *
Real Estate & Construction
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree preferred with 5-8 years of relevant experience, or equivalent experience and education considered.
  • Strong analytical judgment combining diverse information sources.
  • Open to innovative solutions and different perspectives.
  • Proficient in Microsoft Office, particularly Word and Excel.
  • Highly organized with a strong curiosity and inquisitive mindset.
  • Must be authorized to work in the U.S., no visa sponsorship.

Responsibilities

  • Conduct detailed reconciliations of operating expenses and real estate taxes, ensuring correct credits and charges.
  • Create and refine lease abstracts and variance report narratives for clarity and accuracy.
  • Analyze complex lease agreements and suggest improvements to language and terms.
  • Monitor financial transactions, including rent rolls, accounts receivable, and payables.
  • Generate invoices for subtenants and reconcile their accounts as necessary.
  • Design and produce various reports utilizing Excel, Word, and Access as needed.
  • Implement systems for tracking important lease dates and deliverables.

Benefits

  • 401(K) retirement plan.
  • Comprehensive Dental insurance.
  • Health insurance coverage.
  • Life insurance protection.
  • Vision insurance benefits.
Full Job Description
About the Role:

As part of the Boston Consulting Corporate Accounts team, the Senior Lease Administration Manager serves as a single point of contact (SPOC) for multiple client accounts and is responsible for upholding the integrity of their real estate portfolio data. This includes conducting reconciliations to ensure operating expenses follow lease terms, maintaining lease data, supporting financial transactions, and participating in regular transaction management calls with clients.

This job is a part of the Lease Administration functional area which focuses on providing real estate portfolio administration, database management, accounts payable and receivable, and audit services.

What You'll Do:

  • Perform, compare, and evaluate annual operating expenses and real estate tax reconciliations; prepare detailed reports ensuring correct credits and charges are recorded.
  • Prepare lease abstracts and edit for accuracy; write narratives for variance reports.
  • Review complex lease language and provide comments for improvements.
  • Track payables and receivables; process rent rolls and prepare export files for accounting.
  • Prepare invoices for subtenants, reconcile accounts, and ensure correct coding.
  • Design and distribute periodic and ad hoc reports using Excel, Word, and Access.
  • Maintain tickler systems for tracking critical dates and tasks.
  • Resolve critical issues by researching payment transactions and lease terms.
  • Maintain accurate client lease files and ensure data integrity through quality control.
  • Participate in transition teams to set up new accounts efficiently.
  • Participate in RFP preparation and delivery to clients.
  • May assist with budgeting and forecasting activities.
  • Review confidential contracts to identify fees including audit savings and reimbursements.
  • Assist management in reviewing client portfolios and designing audit plans.
  • Provide technical guidance and training to coworkers.

What You'll Need:

To perform this job successfully, an individual will need to perform each crucial duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

  • Bachelor's Degree preferred with 5-8 years of relevant experience. In lieu of a degree, a combination of experience and education will be considered.
  • Ability to exercise judgment based on the analysis of multiple sources of information.
  • Willingness to take a new perspective on existing solutions.
  • In-depth knowledge of Microsoft Office products. Examples include Word, Excel, Outlook, etc.
  • Organizational skills with an advanced inquisitive mindset.
  • Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future.

CBRE carefully considers multiple factors to determine compensation, including a candidate's education, training, and experience. The minimum salary for this position is $90,000 annually and the maximum salary for this position is $100,000 annually. The compensation that is offered to a successful candidate will depend on the candidate's skills, qualifications, and experience. This role will provide the following benefits: 401(K), Dental insurance, Health insurance, Life insurance, and Vision insurance.

About CBRE Group, Inc

CBRE is a vertically integrated global commercial real estate services and investment firm. The company was established in 1992 and is headquartered in Chicago, Illinois, United States.

CBRE Group, Inc Careers

Join the world-class team at CBRE Group, Inc, the global leader in real estate services and investment. At CBRE, we are committed to fostering a culture of innovation, diversity, and professional growth. Our team is composed of industry-leading experts who are passionate about shaping the future of real estate.

Work You’ll Do

At CBRE, you will have the opportunity to engage in transformative projects that reshape the landscape of modern real estate. Our professionals lead with expertise and a deep understanding of industry needs, making CBRE the epitome of excellence in the real estate sector.

Explore Job Opportunities and Internships

Whether you're starting your career or looking to make a significant impact in the real estate industry, CBRE offers a range of job opportunities and internships that will harness your skills and expand your horizons. From positions in management to roles in research and analytics, your perfect job awaits.

Innovate and Lead

Join a team where innovation and leadership go hand in hand. CBRE empowers its employees to take the lead on projects, encouraging a culture of leadership that permeates every level of the company. With CBRE, you can transform your career trajectory through meaningful work that drives the real estate market forward.

Professional Growth and Development

CBRE is dedicated to the professional growth of its employees. With comprehensive diversity training and leadership development programs, we ensure that every team member has the resources to succeed. Our commitment to professional development is unmatched, offering continuous learning opportunities and career advancement.

Benefits and Culture

At CBRE, we understand that our employees are our greatest asset. That’s why we offer competitive benefits that support both your professional and personal life. Our inclusive culture champions diversity, encouraging a workplace where every voice is heard and valued.

Networking and Career Advancement

Enhance your career through CBRE’s vast networking opportunities. Connect with industry leaders, participate in global conferences, and engage in groundbreaking projects. Our robust networking channels foster connections that lead to dynamic career opportunities and lasting professional relationships.

Join Our Team

Ready to advance your career at CBRE Group, Inc? Explore our current job openings and find out how your skills and interests align with our needs. We are always on the lookout for passionate, creative, and solution-driven team players.

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Apply Now

Start your journey with CBRE today. Submit your resume, prepare for your interview, and get ready to join a company where your career will flourish. Let’s build a better future together.

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Learn more about CBRE Group, Inc
Size
105,000 employees
Market Cap
$23.8 billion
Industry
Net Income
$751.9 million
Founded
1906
5 Year Trend
+9.8%
Revenue
$23.8 billion
NASDAQ

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