Commercial Lease Administrator

Rainbow USA Inc. is one of the fastest growing junior, kids, plus, and petite specialty apparel chains. Headquartered in Brooklyn, NY and founded in 1935, Rainbow is a fashion leader to its 14-49 year old customers. We are currently looking to fill the position of Lease Administration Specialist at our corporate location. The Commercial Lease Administration Specialist is required to have knowledge of lease terms and conditions. The Lease Admin is responsible for ensuring that all rent-related costs have been documented, verified and accounted for and that pertinent lease terms are correctly entered into Rainbow’s system, activated, updated and enforced. Responsibilities Include Maintain accurate lease data within the lease administration system, including rent schedules, escalation clauses, CAM charges, expirations, and critical datesProcess and verify rent payments, percentage rent, CAM reconciliations, real estate taxes, and other lease‑related expensesPerform accounting functions relating to lease obligations including: timely processing monthly rental payments, annual reconciliations and other expenses, accrual of unpaid invoice and allocation of prepaid expenseInterpret lease to ensure all such rental payments are in compliance with lease termsMaintain lease tracking databaseMonitor leases/amendments for rent commencement, operating expense changes, changes in ownership, and lease terminationsAccurately process legal notices and payment relating to leasesOversee day-to-day landlord relationships regarding account receivables, sales reporting, maintenance issues and Landlord sales audits to ensure prompt resolution to anyissuesDraft lease correspondence and notices, addressing and resolving landlord/tenant issuesMonitor commencement and ongoing co-tenancy requirementsSpecial Projects as assigned by managerProvide back up for fellow Lease Administrators, as necessary Required Skills And Experience Bachelor's degree or significant related experienceMinimum of 3 years work experience in Lease Administration, Real Estate, Accounting, RealEstate Law, Property Management or related fieldThe developed ability to interpret lease provisions, attention to detail, and strong interpersonal skills,Ability to build and maintain effective relationships, work independently, prioritize, and take initiativeInvestigate and resolve problems using sound judgment, excellent oral and written communication skills are required.