Position title: LEASE ADMINISTRATOR
Position reports to: LEASE CONTROLLER
Business Unit: PORTFOLIO SERVICES
Main purpose / objective of the position:
To establish and maintain effective support services for the property management functions
of the portfolio, primarily the administration of Lease Agreements. To effectively manage
the portfolio on a Regional Basis, the objectives being the reduction of rental expenditure
and accurate recording of lease terms.
Operational Deliverables:
Will include, but not limited to:
Decision making authority:
Experience / Education / Knowledge:
Skills required:
Major drivers of work volume:
Number of leases and profile of portfolio.
Interface / relationships with:
Internal: IT, Leasing Manager, Controllers and Administrators;
External: Landlords, Clients
Position reports to: LEASE CONTROLLER
Business Unit: PORTFOLIO SERVICES
Main purpose / objective of the position:
To establish and maintain effective support services for the property management functions
of the portfolio, primarily the administration of Lease Agreements. To effectively manage
the portfolio on a Regional Basis, the objectives being the reduction of rental expenditure
and accurate recording of lease terms.
Operational Deliverables:
Will include, but not limited to:
- Attend to leasing and lease renewals, rent reviews, negotiations and documentation
- relating to obtaining approvals and acceptance of leases, facilitating the signing of
- lease agreements
- Capturing of all new lease agreements, lease renewals and lease corrections on
- SAP.
- Assist accounting services, (Credit control), by arranging payment and/or invoicing
- of rentals, adjustments, reconciliations, variance reporting and vendor/customer
- creation.
- Assist in compiling deviation reports and communicate. Implement preventative
- steps to prevent recurring.
- Keep, maintain and update detailed monthly status updates of own building
- classifications.
- Assist with compiling property related reporting schedules.
- Actively maintain a reminder system to ensure finalisation of all matters pertaining
- to lease administration.
Decision making authority:
- Works within the broad framework of existing policies and guidelines, as amended from time to time. Required to work strictly within prescribed rules, routines & standards.
Experience / Education / Knowledge:
- Grade 12 or relevant qualification equal to NQF level 4
- Additional Property related qualification of any NQF 5 or higher
- A Bachelor’s Degree in Finance, Property Management, Business or Accounting will be an advantage
- At least 3-5 years relevant experience in Property Management/Administration, i.e. leasing administration, financial accounting and negotiation/communication skills, directly interfacing with clients and providing general administrative support services
- Knowledge of South Africa’s property industry, property markets and general administration/Accounting/Finance acumen.
- Knowledge of Asset Management and knowledge of the legal requirements of the essentials of a lease agreement
- ERP Systems and Procedures, general business and property management acumen, house rules, service contractors, insurance policies and procedures
Skills required:
- Typing, Computer literacy (Advanced MS Office, MS Word, MS Excel, Power Point, Contract Creation & Procurement system, SAP)
- Telephone Skills
- Administration and organisational skills
- Presentation skills
- Interpersonal skills
- Negotiation skills, i.e. leasing or brokering
- Analytical/sound numeracy skills
- Competencies required: Communication (both verbal and written)
- Customer and quality focus
- Interpretation of legal contracts and negotiations
- Attention to detail
- Time management
- Methodical
- Problem solving
- Be able to handle stress in demanding situations
- Attention to deadlines
- Initiative
- Self confidence
- Assertiveness
- Impact and Influence
- Teamwork and co-operation
- Self-starter
- Integrity
- Diligent
Major drivers of work volume:
Number of leases and profile of portfolio.
Interface / relationships with:
Internal: IT, Leasing Manager, Controllers and Administrators;
External: Landlords, Clients