Lease Administration Specialist - C$70,000 - C$90,000 A Year (Mississauga)

Lease Administration Specialist - C$70,000 - C$90,000 A Year (Mississauga)

16 Oct
|
Primaris REIT
|
Mississauga

16 Oct

Primaris REIT

Mississauga

Head Office - Toronto, ONJOB TYPEFull Time, SalaryPosition SummaryPrimaris REIT is currently hiring a dedicated and enthusiastic Retail Lease Specialist to join our team at our Head Office in Toronto, ON. If you have basic accounting and strong administrative skills, knowledge of real estate leases, and thrive in a dynamic, fast-paced environment, this exciting chance is perfect for you!Vacancy Status: New RoleRoleAs the Retail Lease Specialist, you will be responsible for providing Lease Administration support to enhance overall operations efficiency of department processes and offer exceptional service to all internal and external customers. Review binding legal documentation in its entirety and input critical date and financial information in to Yardi Review CAM, Tax and other tenant recovery calculations in accordance with lease requirements, departmental processes, and timelines Play an integral part in the annual budget process, year-end accruals, annual pre-bills, year-end billings, quarterly forecast process, CAM/Tax/HVAC analysis Set up calculation templates for recoverable charges, in accordance with new/renewals & amendments of leases Analyze and make recommendations on the Landlord’s position for national tenant disputes Support the Accounting department by reconciling & providing denominator calculations for PSF rate calculations Support Development & Leasing teams in reviewing changes in the GLA and the impact on PSF rates Review all leasing transactions for CAM/Tax recovery methodology/calculation and provide advice on how specific deals impact the property rates/recoveries/landlord shortfall Process percent rent calculations, ensure Yardi is calculating correctly, and advise sites on batches ready for posting Support properties with respect to lease clause interpretation, variance analysis and changes in denominators Assist with set-up of tenant recovery models for newly acquired properties Recommend process improvements Other duties as assignedRequirementsTo excel in this role,



we are looking for candidates who are passionate about customer service, have strong business acumen and detailed. If this opportunity sounds interesting to you, you likely have the following attributes: Bachelor’s Degree in Business Administration, Finance, Law or related field preferred 3-5 years lease administration experience required preferably in retail Proficiency with ERP system, Yardi preferable Excellent working knowledge of MS Office, especially Excel and Word Excellent customer service skills Ability to multi-taskJoin us and play a vital role in providing outstanding experience for our valued customers and tenants. We are seeking individuals with a positive attitude, excellent communication skills, and a strong commitment to ensuring customer satisfaction.CompensationAt Primaris, we believe in rewarding talent with competitive wages and total compensation package. Your compensation is thoughtfully determined based on factors such as location, job level, relevant education or training, experience, knowledge, skills, and abilities, while ensuring internal equity and alignment with market data.Expected Salary Range: CAD $70,000 – $90,000Please note: This is the expected range for the position however, it should not discourage you from applying. If you believe you’re a strong fit for the role, we encourage you to submit your application regardless of salary expectations.Beyond salary, our total rewards approach reflects our commitment to recognizing your contributions and supporting your growth.AI Use & AccommodationTo manage the large volume of applications,



AI may be used in the recruitment process. If your qualifications align with the requirements of this role, you may be contacted for next steps.Primaris REIT is an equal opportunity employer, committed to providing fair recruitment and employment practices to all employees and applicants. If you require accommodation for this role, please contact [email protected].Competencies Communicate clearly, concisely, professionally and convey active listening and openness Build positive relationships and demonstrate commitment, effort and a "take charge" attitude Produce accurate work with attention to detail and consistently meet deadlines Take ownership for actions, accept constructive criticism and make the necessary changes to behaviour Overcome obstacles to get the job done, identify problems and recommend solutions See change positively and adapt quickly to change in work requirementsValues Respect: Value diverse perspectives, experiences and talents; treat others the way you would want to be treated Empowerment: Use the means provided to carry out responsibilities to the best of your ability and to implement creative ideas Integrity: Do the right thing, deliver on commitments and admit mistakes Teamwork: Work together as one team toward common goals Accountability: Hold yourself and others accountable for decisions and resultsNext StepIf your background matches the qualifications listed above and you are looking for an opportunity with a dynamic team, with your resume attached please Apply Here. Please note that we thank all who apply however only candidates considered for an interview will be contacted.Primaris is committed to accessibility for persons with disabilities in the course of employment, including in recruitment and hiring. If, as a result of a disability, you require accommodation in order to apply for this role and/or participate in the recruitment process, please contact us here.

📌 Lease Administration Specialist - C$70,000 - C$90,000 A Year (Mississauga)
🏢 Primaris REIT
📍 Mississauga

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