Job Information
The Building People Lease Analyst in Alexandria, Virginia
The Building People, LLC, has a position open for a full-time Lease Analyst to support a state government customer in Virginia. Note: Position may be located in either Northern, VA or Richmond, VA.
Responsibilities
Lease Administration:
Maintain and update lease databases and systems.
Review lease agreements and abstract key terms and conditions.
Track lease expirations, renewals, and terminations.
Monitor rent payments, escalations, and adjustments.
Prepare lease summaries, reports, and analyses.
Lease Compliance:
Ensure compliance with lease terms and conditions.
Monitor lease compliance with regulatory requirements.
Review and analyze lease-related financials.
Lease Negotiation Support:
Assist in lease negotiations and renewals.
Provide lease analysis and recommendations.
Support lease negotiations with landlords and tenants.
Lease Auditing:
Conduct lease audits and reconciliations.
Identify and resolve discrepancies in lease terms and payments.
Ensure accuracy in lease-related financials.
Documentation Management:
Maintain lease documents, files, and records.
Organize and manage lease documentation for easy retrieval.
Ensure proper documentation of lease-related transactions.
Tenant and Landlord Relations:
Serve as a point of contact for tenants and landlords.
Address lease-related inquiries and issues.
Coordinate lease-related communications.
Reporting and Analysis:
Prepare lease-related reports and analyses.
Analyze lease data for trends and insights.
Provide recommendations for lease optimization and cost savings.
Team Collaboration:
Work collaboratively with internal teams and stakeholders.
Coordinate with legal, finance, and property management teams.
Provide lease-related support to other departments as needed.
Compliance and Regulatory Knowledge:
Stay informed about lease accounting standards and regulations.
Ensure compliance with lease accounting standards and guidelines.
Stay updated on industry trends and best practices in lease management.
Continuous Improvement:
Identify opportunities for process improvement and automation.
Implement best practices in lease administration and management.
Participate in training and professional development activities.
Required Experience & Skills
Experience:
Minimum of 2-5 years of experience in lease administration or lease analysis.
Experience with lease management software or systems.
Experience in real estate or property management.
Skills:
Strong analytical and problem-solving skills.
Ability to interpret lease agreements and understand lease terms and conditions.
Proficiency in Microsoft Excel or similar spreadsheet software.
Attention to detail and accuracy in data entry and analysis.
Strong communication skills to interact with internal and external stakeholders.
Ability to work independently and in a team environment.
Knowledge of real estate and lease terminology and concepts.
Preferred Experience & Skills
Lease work experience in a government or public sector setting.
Knowledge of lease accounting standards such as FASB ASC 842 or IFRS 16 may be beneficial.
Experience with lease abstraction and summarization.
Familiarity with lease auditing and reconciliation processes.
Understanding of lease financials and rent calculations.
Experience in conducting lease audits and lease compliance reviews.
Certifications such as Certified Lease & Title Analyst (CLTA) or Certified Lease Professional (CLP) may be preferred or required.
Required Education
A bachelor's degree in business, finance, real estate, or a related field.
A master's degree may be preferred.