Job Description

Job Opportunity: Lease Administration / Accountant
Location: Washington, DC
Salary Range: $65,000 – $75,000 annually

About the Role
Our client, a leading real estate organization, is seeking a detail-oriented Lease Administration / Accountant to join their team. This role is ideal for professionals with experience in lease abstraction, tenant billing, and financial reconciliation within commercial real estate.

Key Responsibilities

• Interpret and abstract lease documents, amendments, and agreements, input data into MRI software.
• Generate monthly charges and issue tenant statements.
• Draft and track commencement agreements; update lease data in MRI.
• Prepare welcome letters, rent commencement notices, and other tenant correspondence.
• Create recovery pools and perform year-end reconciliations for CAM, taxes, and insurance.
• Develop income projections and post rental charges.
• Estimate annual CAM, RET, and insurance costs.
• Monitor gross sales and prepare percentage rent billings.
• Track critical lease dates (e.g., LOCs, security deposits, lease options).
• Provide timely and accurate lease data to internal departments.
• Collaborate with leasing and legal teams to resolve lease interpretation issues.
• Manage rent collections, post cash applications, and maintain tenant communications.

Ideal Candidate Profile

• Experience: 3+ years in lease administration or property accounting.
• Software Skills: Proficiency in MRI or Yardi is highly preferred.
• Knowledge: Strong understanding of commercial lease terms and financial operations.
• Skills: Excellent attention to detail, communication, and organizational skills.

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