Account Manager

Job Description

Job Description

Griffin Resources is recruiting on behalf of Scribcor Global Lease Administration located in Oakbrook Terrace IL.

Scribcor Global Lease Administration (Scribcor) vision is to create a community to empower success of the lease administration profession. We bring customized and strategic solutions to create streamlined lease management services designed to support and empower client success. Our core values of we do what we say, run it like you own it, passionate about client satisfaction, employee centric, and stay fun drives our passion on why we love this crazy world of Lease Administration.

Job Description Summary :

The Account Manager provides overall strategic management support of lease administration services to our client accounts including the planning, organizing, staffing and financial performance. The Account Manager serves as the clients external partner to establish lease administration operation standards and strategic objectives.

Principle Duties and Responsibilities :

• Partner with clients to provide ongoing Lease Administration support to manage their Real Estate and equipment portfolios.
• Manage lease documentation, including lease amendments, equipment agreements, sublease agreements, renewals and extensions, tenant estoppels and ancillary real estate documents.
• Provide database management support and efficient management of day-to day operations and tasks.
• Accurately interpret, manage, and track ongoing lease abstraction for the timely and correct payment of rent and other financial obligations.
• Perform second level quality check of lease abstraction to validate lease data and attributes for completeness and accuracy.
• Review, track and monitor key lease provisions such as options, expirations, kick-outs, tenant improvement allowance, percent rent reporting and co-tenancy. Report back to client on any potential discrepancy or violations.
• Process and facilitate payment of real estate related invoices, including but not limited to, rent, percent rent, common area maintenance, insurance, real estate tax, utilities and other rebillable expenses.
• Prepare invoices for subtenants, reconcile subtenant accounts, track and record receivables associated with sublease tenants within lease administration database.
• Perform annual operating expense reconciliations, monitor audit windows, and audit requirements contained in the lease documents. Actively track and identify any potential cost savings or discrepancies.
• Review, track and analyze CPI or other rent escalations and amortization schedules for capital improvement repairs. Ensure compliance with landlord and tenant obligations and validate the terms are in-line with the lease documents.
• Establish and maintain strong working relationship with client and conduct periodic meetings to review ongoing lease administration operations and tasks.
• Actively monitor client profitability by assessing procedures, system tools, and resources to identify opportunities to increase profit margin.
• Assist client in resolving critical issues by researching and gathering information about payment transactions, lease terms and other relevant items as requested.
• Prepare and distribute critical date reports; assist with the development of ad hoc reports as needed to support routine reviews, accounting, and financial reporting needs.
• Develop, implement, and maintain procedures and systems to continually improve and streamline lease administration processes.
• Act as single point of contact for any lease administration concerns.
• On a daily basis promote, practice and adhere to Scribcor s core values.

Education and Experience Qualifications :

Desired Knowledge and Skills :

Physical Demands :

The physical demands represent the requirements employees must be able to perform the essential job functions with or without reasonable accommodations.

Benefits :

Our employees are given opportunities to contribute, to innovate and create meaningful work that makes an impact in the communities we serve around the world. We also offer a culture of excellence that drives customer success. We offer a competitive benefit including, but not limited to :