Your new company
Hays Recruitment has partnered up with a large Real Estate company in Toronto, ON. Our client is looking for a Commercial Property Administrator to join their team. This is a 6-8 month contract to permanent opportunity. The role follows a hybrid model.
Your new role
- Run, check for accuracy and approve monthly rent billings in system.
- Read and analyze relevant sections of lease for lease Abstract that includes the different responsibilities for charges.
- Set up Tenant in system and provide lease abstract to Senior PA and/or Manager for setup activation. Update all relevant information.
- Prepare CAM letter advising tenants of rental amount and other standard notices.
- Advise Property Accountants of any adjustment to the tenants' account.
- Update and maintain tenant insurance to ensure adequate coverage as per Lease
- Prepare, on request, Tenant Acknowledgements.
- Prepare Vacancy Possession Letter
- Respond in a timely manner to tenant and landlord, inquiries relating to their account and charges.
- Prepare tenant correspondence including all CAM letters, all Reconciliations letters and other correspondence.
- Perform regular AR reconciliations and maintain regular AR communications with Property Managers.
- Ensure timely and correct property insurance. Forward all necessary information to the relevant insurance broker.
- Provide tenants with yearly reminders relating to tenant insurance.
- Prepare yearly Property Tax assessment information.
- Set up expense pool and framework of reconciliation in excel file.
- Coordinate with accounting and ensure compliance to leases for final year end reconciliations.
- Review to ensure lease terms are administered.
- Submit final billings/credits to tenants.
- Coordinate with operations and accounting to ensure timeliness and accuracy of budgets.
- Review to ensure lease terms are administered.
- Download budget once finalized and approved and prepare CAM statements for submission to tenants.
- Prepare all paperwork necessary to aid with due diligence that is undertaken for any potential sale of property.
- Analyze, update and produce monthly Management Reports for each property in close cooperation with Property Managers, Leasing Manager, Manager, Commercial Property Administration and the Property Accountants.
- Ensures that the monthly Management Reports are forwarded to the individual clients in a timely manner.
- Coordinates team activities.
- Understands and is committed to team objectives.
- Actively contributes to the achievement of team objectives.
- Accepts shared responsibility and ownership of projects.
- Committed to getting the work done and meeting all deadlines.
- Involves others in decision making & works toward a consensus on decisions.
- Owns problems rather than blame others.
- Respects and tolerates individual differences.
- Acknowledges and works through conflicts openly.
- Other duties as required.
What you'll need to succeed
- College Diploma/University Degree
- Requirements: ability to read and write English fluently, proficiency in accurately understanding legal commercial leasing language
- Required: A minimum of three (3) years of experience in leasing and property administration or a related field.
- Actively supports our values of: Honesty, Integrity, Respect, Trust.
- Strong communication skills.
- Solid working knowledge of commercial leasing and property administration.
- Strong administrative and organizational skills.
- Strong time management skills.
- Represents professional image.
- Strong customer service orientation.
- Good negotiating skills.
- Works well under stressful conditions; independently and comfortably in a fast-paced environment.
What you'll get in return
The offers competitive pay and the opportunity to convert this position to a permanent opportunity.
What you need to do now
If you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or call us now.
If this job isn't quite right for you but you are looking for a new position, please contact us for a confidential discussion on your career. #1105112