Sr Lease Audit Specialist
CBRE
Makati City, National Capital Region, Philippines
4d ago

Under limited 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.

  • Coordinates and performs full scope audits for lease administration clients; obtains client approval for audits, selects audit team, and coordinates the audit schedule and process.
  • 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.
  • Acts as team lead, overseeing the preparation of CAM reconciliations for accuracy and adherence to business control standards and guidelines (performing the quality control).
  • 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.
  • Prepares and updates training procedures for desktop operating expense reconciliation and tenant recovery preparation.
  • Assists manager in analysis of Client portfolios relating to operating expenses and design audit plans for clients.
  • Performs other duties as assigned.
  • SUPERVISORY RESPONSIBILITIES

    No formal supervisory responsibilities in this position. Will provide assistance such as technical guidance and / or training to coworkers.

    Will coordinate work and assign tasks. 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 five 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

    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.

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