What are the responsibilities and job description for the Lease Administrator position at Addison Group?
Position Title: Lease Administrator
Location: McLean, VA (Hybrid)
Assignment type: Permanent hire
Compensation: $75,000 - $85,000 / Annually
Work Schedule: M-F 9-5
Benefits: This position is eligible for Medical, Dental, Vision, and 401(k).
Job Description:
IND 002-004
Location: McLean, VA (Hybrid)
Assignment type: Permanent hire
Compensation: $75,000 - $85,000 / Annually
Work Schedule: M-F 9-5
Benefits: This position is eligible for Medical, Dental, Vision, and 401(k).
Job Description:
- Review, interpret, and abstract complex commercial lease terms, including both financial and non-financial provisions, into lease management systems.
- Manage lease administration activities across a multi-property portfolio, ensuring accurate tracking of lease obligations and key dates.
- Calculate and monitor recurring rental obligations, operating expenses, reconciliations, and other lease-related financial items.
- Generate and post monthly recurring charges and support annual reconciliations related to tenant expenses and recoveries.
- Assist internal teams by providing lease details, interpretations, and documentation support for property and financial reviews.
- Respond to tenant account questions and help resolve lease-related discrepancies in a timely and professional manner.
- Perform budgeting-related calculations tied to rent schedules, expense recoveries, and lease obligations.
- Maintain a high level of accuracy while managing multiple projects, deadlines, and competing priorities in a fast-paced environment.
- Collaborate effectively with internal stakeholders and external contacts, demonstrating strong communication, follow-up, and customer service skills.
- Minimum of 3 years of lease administration experience required.
- Bachelor’s degree preferred.
- Strong ability to understand, interpret, and abstract complex lease language.
- Proficiency in Excel, Word, and lease management databases required.
- MRI experience is a plus.
- Strong written and verbal communication skills required.
- Detail-oriented with strong critical thinking and organizational skills.
- Able to work independently while also collaborating effectively with cross-functional teams.
- Comfortable managing multiple deadlines and working in a fast-paced environment.
IND 002-004
Salary : $75,000 - $85,000