Lease Administrator 3

Huntington National Bank • Detroit, MI • 2h ago

Description

Summary:

The Lease Administrator assists Lease Administration in the day-to-day administration of all bank property leases, 3rd party leases and ATM licenses

Duties & Responsibilities:

Responsible for paying all landlord rents and expenses for leased properties. Working with landlords to resolve billing issues and disputes

Financial forecasting as it relates to lease expenses and monthly variance reporting

Monthly reporting to Accounting teams to ensure accuracy of all lease expenses

Responsible for performing desktop audits of Landlord billings and Operating Expense reconciliations

Communicate with 3rd party tenants and property landlords as required to address issues

Prepare and provide monthly reports to Real Estate Managers using information from Lease Management System concerning renewals, expirations, etc

Basic understanding of SOX Compliance and assist with control walk-throughs as-needed

Other duties as assigned

This is an in office position located at 5555 Cleveland Ave Columbus, Ohio

Basic Qualifications:

High School Diploma or equivalent

3 or more years prior Commercial Real Estate or Legal experience especially dealing with commercial leases

1 or more years of experience with accounts payable and reconciliation

Preferred Qualifications:

Bachelors Degree

2 or more years of experience with specific lease accounting standards such as ASC 42 and financial reporting

Proven experience (3-5 years preferred) in lease administration.

Knowledge and proficiency with lease accounting principles and financial reporting

Proficiency in using Microsoft Office, including Excel and Word

Experience with real estate management systems

Excellent verbal and written communication

Experience working with databases.

Detailed and analytical oriented

Ability to abstract and input key information pertaining to lease, sublease and license agreements into Lease database.

Ability to understand the financial aspects of and calculate complex CPI Rent increases, ATM percent rents and Common Area, Tax and Insurance calculations

Ability to work in a Team environment

LI-OnSite

Exempt Status: (Yes = not eligible for overtime pay) (No = eligible for overtime pay)

Workplace Type:

Office

Our Approach to Office Workplace Type

Certain positions outside our branch network may be eligible for a flexible work arrangement. We're combining the best of both worlds: in-office and work from home. Our approach enables our teams to deepen connections, maintain a strong community, and do their best work. Remote roles will also have the opportunity to come together in our offices for moments that matter. Specific work arrangements will be provided by the hiring team.

Huntington will not sponsor applicants for this position for immigration benefits, including but not limited to assisting with obtaining work permission for F-1 students, H-1B professionals, O-1 workers, TN workers, E-3 workers, among other immigration statuses. Applicants must be currently authorized to work in the United States on a full-time basis.

Huntington is an Equal Opportunity Employer.

Tobacco-Free Hiring Practice: Visit Huntington's Career Web Site for more details.

Note to Agency Recruiters: Huntington will not pay a fee for any placement resulting from the receipt of an unsolicited resume. All unsolicited resumes sent to any Huntington colleagues, directly or indirectly, will be considered Huntington property. Recruiting agencies must have a valid, written and fully executed Master Service Agreement and Statement of Work for consideration.

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