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CBRE

Lease Audit Specialist

Salary
Competitive
Employment
Part Time
Real Estate Field
  • Corporate Real Estate
Location
Seattle
Location
 WA
Postal Code
98101
Country
United States

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Description


 This role is located in Seattle, Washington and not remote.

JOB SUMMARY


Under general direction, conducts reconciliations for corporate clients, including more complex clients to ensure operating expenses are in compliance with lease terms. Collaborates with lease administration managers to identify, negotiate, and recoup potential savings for client.

ESSENTIAL DUTIES AND RESPONSIBILITIES


Reviews, compares, and analyzes operating expense and tax reconciliation statements received from landlords to ensure expenses charged to client are in compliance with lease clauses. Requests additional information, assesses materiality and recommends action for additional audit and recovery.

Prepares reports of audit findings and assists with negotiating audit findings with clients and their landlords to ensure accurate credits and appropriate charges are made.

Prepares and/or reviews operating expense reconciliations/recoveries for accuracy, ensuring the client is being charged appropriately.

Understands and ensures that audit contracts between CBRE and clients properly identify fees including sharing of audit savings, travel reimbursements, etc. Ensures that the lease administration team operates under those contract requirements to maximize revenue for CBRE.

Tracks audit savings by client and verifies that all savings have been accurately recorded.

May conduct financial analysis/accounting as appropriate, including AR/AP, rent rolls, and budgets in accordance with required accounting principles (GAAP, TAX, CASH, etc.).

Performs other duties as assigned.

SUPERVISORY RESPONSIBILITIES


No formal supervisory responsibilities in this position. May provide informal assistance such as technical guidance and/or training to coworkers. May coordinate work and assign tasks.

With access to top-tier market intelligence, planning, local site selection and asset strategies, our Global Workplace Services offering includes Enterprise Facilities Management (EFM), Project Management (PJM), Advisory & Transaction Services (A&T), and Management Consulting. We offer end-to-end expertise across all workplace types, scalable delivery, a commitment to world-class safety and ongoing innovations in building efficiencies, energy conservation and CRE technology.

QUALIFICATIONS  

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

EDUCATION and EXPERIENCE
  

High school degree or general education degree required plus a minimum of three years related work experience, preferably including property management or real estate accounting. Bachelor's degree from a four-year college or university with Accounting, Finance or Real Estate preferred.


CERTIFICATES and/or LICENSES
  

None

COMMUNICATION SKILLS
  


Excellent written and verbal communication skills. Strong organizational and analytical skills. Ability to provide efficient, timely, reliable and courteous service to customers. Ability to effectively present information.

FINANCIAL KNOWLEDGE
  


Requires in-depth knowledge of financial terms and principles. Ability to calculate complex figures and conduct financial/business analysis including the preparation of reports.

REASONING ABILITY
  


Ability to comprehend, analyze, and interpret complex documents. Ability to solve problems involving several options in situations. Requires advanced analytical and quantitative skills.

OTHER SKILLS and ABILITIES
  


Advanced knowledge of computer software and hardware (i.e. Microsoft Office Suite Products), database applications and spreadsheet design. Ability to work well under pressure. Advanced organizational skills.

SCOPE OF RESPONSIBILITY
  


Decisions made with general understanding of procedures and company policies to achieve set results and deadlines. Errors in judgment may cause short-term impact to co-workers and supervisor and clients.
 

Equal Opportunity and Affirmative Action Employer Women/Minorities/Persons with Disabilities/US Veterans

Job Function


Not specified

 

Job Sector


  • Alternative Investments
 

Experience


N/A


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