22 Oct
|
Primaris REIT
|
Mississauga
22 Oct
Primaris REIT
Mississauga
Head Office - Toronto, ON
JOB TYPE
Full Time, Salary
Position Summary
Primaris 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 robust administrative skills, knowledge of real estate leases, and thrive in a dynamic, fast-paced environment, this exciting opportunity is perfect for you
Vacancy Status: New Role
Role
As 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 assigned
Requirements
To excel in this role, we are looking for candidates who are passionate about customer service, have robust business acumen and detailed. If this prospect 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-task
Join 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.
Compensation
At 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 – $90,000
Please 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 & Accommodation
To 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, ef
📌 Lease Administration Specialist (Mississauga)
🏢 Primaris REIT
📍 Mississauga