Lease Auditor

Lease Auditor

02 May 2024
Pennsylvania, Philadelphia, 19113 Philadelphia USA

Lease Auditor

Reference #: JR13711

Make your next move an expert one.

At Colliers it's not our success that sets us apart, it's how we achieve it. Our people are passionate, take ownership and always do what's right for our clients, people and communities.Why Colliers?

Our enterprising environment needs your expertise to facilitate Colliers' continued growth as an industry leader. Our nimble, decentralized culture can provide you with a wealth of opportunities to learn about our business and quickly gain experience to accelerate your career.Who you are

The Lease Auditor is an integral member of the Lease Administration/Audit team and will be responsible for performing lease audits related to OPEX, CAM, RET, Insurance and Utilities.What you bringAssociate or bachelor's degree in business, accounting, real estate, or similar field required.Working experience with commercial real estate database applications such as ProLease, Harbor Flex or CoStar and accounting software such as MRI or Yardi or other lease management database systems.3 years of hands-on experience in the commercial real estate lease administration industry having worked in either (or both) the Landlord or Tenant sector with most of the time spent in performing lease audits/OPEX reconciliations.Extremely detailed oriented with strong organizational, interpersonal, and communications skills.Passionate about quality, service, and Client satisfaction demonstrating the confidence & tenacity needed to succeed.Strong analytical and technology/database skills with advanced knowledge of Microsoft Excel.What success looks likePerform in depth and desktop audit reviews of all annual expense reconciliations to ensure accuracy and compliance with the lease terms (charges such as CAM, operating expenses, real estate taxes, insurance, utilities, maintenance/repair, capital expenditures, etc.)Strong knowledge of commercial lease language and ability to interpret provisions related to landlord's rights to pass through certain expenses to tenants. Must understand and be able to apply concepts related to Proportionate Share's, Management and Administrative fees, Base Years, Gross up provisions, CAP's, amortization of capital expenditures, GLA, GLOA, Co-Tenancy, among other lease provisions.Communicate effectively and in a sensitive manner with landlord representatives to request appropriate backup documentation to support the annual statements and to continue dialogue during any potential dispute of charges. Follow-up with landlords on a timely basis until any open audit and/or dispute resolution is completed to the satisfaction of client.Review and understand information provided by Landlords such as General Ledgers, Real Estate Tax bills, Insurance premiums/declaration pages, utility invoices, amortization schedules, monthly estimates/impounds, etc.Perform detailed analysis of expenses charged using standardized checklists and year over year variance worksheets.Work closely with Lease Analysts who may be assigned to client accounts in communicating audit progress and as needed, communicate directly with client on status of audits, findings, and recommended course of action.Prepare final analysis and clearly articulate the Summary of Findings for each audit performed. Prepare savings/recovery invoices to be provided to accounting for billing clients as appropriate per contracts.Pursuant to the laws regarding job postings where the position is located in, Colliers is disclosing the following information:

Approximate Salary Range for this Role: $53,835 to $89,900Our salary ranges are determined by role, level, and location. The range displayed on this job posting reflects the minimum and maximum target for new hire salaries for the position across all US locations. Within the range, individual pay is determined by work location and additional factors, including job-related skills, experience, and relevant education r training.Benefits

Employees (and their families) are provided options for employer subsidized medical benefits including RX, dental, vision as well as employer paid basic life/AD&D insurance and short-term / long-term disability. Employees are able to enroll in our company's 401k plan, which includes an employer match. Employees will also receive 10 days of sick leave and a minimum of 15-days vacation annually. Certain senior-level roles are eligible for unlimited time off. Employees will also enjoy 10 paid holidays plus two personal flex days throughout the calendar year. 12 weeks (for birth parents) and 4 weeks (for non-birth parents, including adoptive/foster parents) for paid parental leave will also be available for use after successful completion of 90 days of employment.#LI-AC1

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Make your next move an expert one and join us as we lead the industry into the future.Direct applicants only please, no agencies.Colliers provides equal employment opportunity to all persons. No employee or applicant for employment will be discriminated against because of race, creed, origin, marital status, sexual orientation, age, otherwise qualified disabled or veteran status or any other characteristic protected by law. If you are a qualified applicant who requires reasonable accommodation to complete a job application, pre-employment testing, a job interview or to otherwise participate in the hiring process, please contactColliers is an equal opportunity employer and values diversity in its workforce. Colliers encourages applications from all qualified individuals and will accommodate applicants' disability-related needs, up to the point of undue hardship, throughout all stages of the recruitment and selection process. If you require a disability-related accommodation in order to participate in the recruitment process, please contact the recruitment team by email at canada.careers@colliers.com.

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