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About the Role
Reporting to the VP of Property Accounting and working under the Lease Administration Manager, this role is highly collaborative, working cross-functionally with Legal, Asset Management, Property Management, Accounting, and Tenants to resolve issues, support strategic decision-making, and streamline lease-related processes. The ideal candidate is skilled in CAM reconciliations, rent billing, critical date tracking, and reporting within fast-paced, high-volume environments.
Responsibilities
- Monitor and manage monthly rent rolls, billing schedules, and recurring charges.
- Ensure accurate billing in accordance with lease terms, including annual rent increases and percentage rent calculations.
- Coordinate and review annual Common Area Maintenance (CAM) reconciliations.
- Oversee the preparation and distribution of CAM/operating expense estimates and reconciliations to tenants.
- Generate lease administration reports, including critical date reports, rent rolls, lease abstract summaries, and vacancy reports.
- Work with property managers and legal teams to resolve lease disputes or concerns.
- Serve as the primary point of contact for lease-related tenant inquiries and issues.
- Support due diligence efforts for acquisitions, dispositions, and refinancing by providing lease data, estoppels, SNDA coordination.
- Maintain and update lease data in property management software.
- Identify process improvements to increase efficiency and accuracy in lease administration.
- Train and supervise lease administration staff of more than 8 individuals, including offshore staff.
Requirements
- BS or BA Degree is required.
- 2-3 years of lease administration experience.
- Experience in lease administration or reading/interpreting lease language is a plus.
- Knowledge of MRI, Yardi, LeaseProbe and VersaPay software is preferred.
Skills
- CAM reconciliations
- Rent billing
- Critical date tracking
- Reporting
- Excellent oral and written communication skills
- Organized and reliable
- Strong analytical skills
- Attention to detail
- Strong interpersonal skills
- Ability to prioritize, multi-task and manage tight deadlines
- Aptitude to learn new systems quickly
Location
- Hybrid
Work Type
- Hybrid
Experience Level
- 2-3 years of lease administration experience
Education Level
- BS or BA Degree
Salary/Compensations
- $90,000 - $100,000
Benefits
- Competitive pay
- 401K company match
- Medical, Dental, and Vision Insurance
- Hybrid work model
- 20+ paid days off annually
- 13+ paid holidays in addition to PTO
- Paid parental leave
- Industry-leading training and development
- Open door policy
- Industry trade shows and event access
- Mentorship program
About the Company
- Founded in 1991, DLC has been one of the nation’s preeminent owners, operators, and managers of shopping centers.
- DLC is proud to be certified as a Great Place to Work and is driven by a strong culture and entrepreneurial foundation.
- DLC is one of the nation's leading owners and operators of open-air retail shopping centers and has expertise in all facets of commercial real estate.
- At DLC, our teammates make all the difference and we offer industry-leading training and career development to assure your success.