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Steve Watson
Lease Administration Analyst
Summary
Highly experienced Lease Administration Analyst with a proven track record of managing large lease portfolios, ensuring compliance, and optimizing lease administration processes. Expertise in lease accounting, IFRS 16 compliance, and ASC 842 compliance. Strong negotiation and communication skills, with a deep understanding of real estate law and regulations.
Education
Bachelor’s Degree in Business Administration or a related field
February 2017
Skills
- Lease Portfolio Management
- Lease Accounting
- Lease Compliance
- Leasehold Accounting
- IFRS 16 Compliance
- ASC 842 Compliance
Work Experience
Lease Administration Analyst
- Developed and implemented automated systems to streamline lease administration processes, resulting in increased efficiency and cost savings.
- Provided detailed financial analysis and reporting on lease portfolios, supporting strategic decisionmaking.
- Conducted thorough due diligence on potential lease transactions, identifying and mitigating risks.
- Represented the organization in landlord/tenant negotiations, advocating for favorable lease terms.
Lease Administration Analyst
- Managed a portfolio of over 500 active leases, ensuring compliance with lease terms and regulations.
- Processed and reviewed lease amendments and renewals, ensuring accuracy and adherence to legal requirements.
- Negotiated and executed lease agreements, protecting the interests of the organization and its tenants.
- Collaborated with crossfunctional teams, including legal, finance, and property management, to ensure seamless lease administration.
Accomplishments
- Successfully managed a portfolio of over 5,000 leases, ensuring compliance with all contractual obligations
- Implemented a new lease accounting system, resulting in a 20% reduction in processing time
- Negotiated favorable lease terms, saving the company over $500,000 in annual rent
- Developed and implemented a comprehensive lease administration training program for new employees
- Automated lease renewal processes, freeing up time for strategic initiatives
Awards
- Awarded Lease Administration Professional of the Year by the International Lease Administration Institute (ILAI)
- Recognized for exceptional lease abstracting accuracy, achieving a 99.9% success rate
- Received Top Performer award for consistently exceeding performance expectations
- Nominated for Lease Team of the Year award for outstanding collaboration and innovation
Certificates
- Certified Lease Professional (CLP)
- Certified Treasury Professional (CTP)
- Certified Public Accountant (CPA)
- Chartered Financial Analyst (CFA)
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How To Write Resume For Lease Administration Analyst
- Highlight your experience in lease administration and familiarity with relevant regulations, such as IFRS 16 and ASC 842.
- Showcase your analytical and problem-solving skills, as well as your ability to work independently and as part of a team.
- Quantify your accomplishments whenever possible, using specific metrics to demonstrate the impact of your work.
- Include a section on your resume that highlights your knowledge of lease accounting principles and best practices.
Essential Experience Highlights for a Strong Lease Administration Analyst Resume
- Managed a portfolio of over 500 active leases, ensuring compliance with lease terms and regulations.
- Processed and reviewed lease amendments and renewals, ensuring accuracy and adherence to legal requirements.
- Negotiated and executed lease agreements, protecting the interests of the organization and its tenants.
- Collaborated with cross-functional teams, including legal, finance, and property management, to ensure seamless lease administration.
- Developed and implemented automated systems to streamline lease administration processes, resulting in increased efficiency and cost savings.
- Provided detailed financial analysis and reporting on lease portfolios, supporting strategic decision-making.
- Conducted thorough due diligence on potential lease transactions, identifying and mitigating risks.
- Represented the organization in landlord/tenant negotiations, advocating for favorable lease terms.
Frequently Asked Questions (FAQ’s) For Lease Administration Analyst
What is the primary role of a Lease Administration Analyst?
The primary role of a Lease Administration Analyst is to manage and administer lease agreements, ensuring compliance with legal and regulatory requirements, optimizing lease arrangements, and supporting strategic decision-making.
What are the key skills required for a Lease Administration Analyst?
Key skills for a Lease Administration Analyst include lease portfolio management, lease accounting, lease compliance, leasehold accounting, IFRS 16 compliance, ASC 842 compliance, negotiation, financial analysis, and project management.
What are the career prospects for a Lease Administration Analyst?
Lease Administration Analysts can advance to roles such as Lease Manager, Lease Portfolio Manager, or Real Estate Finance Manager. With experience and expertise, they can also transition into consulting or advisory roles within the real estate industry.
What are the common challenges faced by Lease Administration Analysts?
Common challenges faced by Lease Administration Analysts include managing large and complex lease portfolios, ensuring compliance with evolving regulations, negotiating favorable lease terms, and staying up-to-date with industry best practices.
What are the top companies that hire Lease Administration Analysts?
Top companies that hire Lease Administration Analysts include JLL, Cushman & Wakefield, CBRE, Colliers International, and Newmark.
What is the average salary range for a Lease Administration Analyst?
The average salary range for a Lease Administration Analyst varies depending on experience, location, and company size. According to Salary.com, the average salary range is between $75,000 to $120,000 per year.