United States · Remote
Full-time
Senior
3 hours ago
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$86k – $94k
Make your next move an expert one. At Colliers it’s not our success that sets us apart, it’s how we achieve it. Our people are passionate, take ownership and always do what’s right for our clients, people and communities. Why Colliers ? Our enterprising environment needs your expertise to facilitate Colliers ’ continued growth as an industry leader. Our nimble, decentralized culture can provide you with a wealth of opportunities to learn about our business and quickly gain experience to accelerate your career. ***This is a Remote working arrangement out of Various locations listed.*** About you The Senior Lease Auditor is of the Lease Administration/Audit team and will have entry level skills in all areas of managing and performing lease audits related to OPEX, CAM, RET, Insurance and Utilities In this role, you will… The successful candidate will be able to demonstrate core competencies in the following areas: Familiar with pre-audit reviews of all annual expense reconciliations to ensure accuracy and compliance with the lease terms (charges such as CAM, operating expenses, real estate taxes, insurance, utilities, maintenance/repair, capital expenditures, etc.) Strong knowledge of commercial lease language and ability to interpret provisions related to landlord’s rights to pass through certain expenses to tenants. Must understand and be able to apply concepts related to Proportionate Share’s, Management and Administrative fees, Base Years, Gross up provisions, CAP’s, amortization of capital expenditures, GLA, GLOA, Co-Tenancy, among other lease provisions. Strong knowledge and understanding regarding the idiosyncrasy of different lease types such as commercial, retail, medical, industrial. Basic understanding of Stark Laws as it relates to medical clients. Communicate effectively and in a sensitive manner with landlord representatives to request appropriate backup documentation to support the annual statements and to continue dialogue during any potential dispute of charges. Follow-up with landlords on a timely basis until any open audit and/or dispute resolution is completed to the satisfaction of client. Review and understand information provided by Landlords such as General Ledgers, Real Estate Tax bills, Insurance premiums/declaration pages, utility invoices, amortization schedules, monthly estimates/impounds, etc. Be informed regarding industry trends and geographical nuances in dealing with all lease and property types. Perform detailed analysis of expenses charged using standardized checklists and year over year variance worksheets. Work closely with Lease Analysts who may be assigned to client accounts in communicating audit progress and, as needed, communicate directly with client on status of audits, findings and recommended course of action. Prepare final analysis and clearly articulate the Summary of Findings for each audit performed. Prepare savings/recovery invoices to be provided to accounting for billing clients as appropriate per contracts. Maintain audit files/records and detail tracking of audits in process, status, dates and details regarding landlord communications, outstanding matters, closed audits, and any realized savings. Regular reporting of status to internal management. Ability to interface with all Landlord representatives on complex audit/lease issues (Landlord, Owner, Manager, Accountant, Legal, Risk, etc.). Ability to work with others in all in depth aspects of performing lease audits for all lease types (NNN, Base Year, etc.) Be highly performance driven and able to process a high number of pre-audits annually. Overseemaintenance of account process, processes and playbooks working closely with Operations Director. Ability to learn howreconcile client accounts for payments made related to OPEX, CAM, Tax. Ability to work with internal international teams on joint audits. Provide quality control reviews of Lease Auditor’s work and willing to assist with any disputes that were not addressed. Be a
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