Lease Administrator jobs in Bellevue, WA

At a glance

Join the Sabey Corporation team as a Lease Administrator and become part of a pioneering real estate development company with a 45-year legacy. Based in Tukwila, WA, you’ll oversee the administration of leased properties, contributing to their mission-critical operations across various sectors. Sabey is dedicated to creating an environment that is forward-thinking and leverages the collective talents of their team members. Benefit from their comprehensive programs, which are crafted to improve your well-being and enable you to thrive in all facets of life. This is the perfect opportunity for professional growth, exceptional team collaboration, and comprehensive benefits!

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Description: What you'll be doing

Another Source’s client, Sabey Corporation, is recruiting a Lease Administrator to join their team in Tukwila, WA.   

Who is Sabey?  Sabey is a privately held real estate development and investment company specializing in mission critical and technical space for the data center, medical and life sciences, education, government and military sectors. Over the past 45 years, they’ve designed, constructed, and operated more than 30 million square feet of space and count among our valued customers some of the nation’s iconic names.  Headquartered in Seattle WA with locations in Quincy WA, New York City NY, Round Rock TX, and Ashburn VA.  

About the role:    

As the Lease Administrator, you will play a vital role on our accounting team. You will be responsible for overseeing the administration and management of all leased properties and assets within the organization.  

What you will be doing:   

Management:  

• Maintain accurate records of all lease agreements, including terms, conditions, and financial obligations including the calculation of deferred rent, commencement charges, and revised billing of lease charges.  
• Monitor lease expiration dates and proactively manage lease renewals, terminations, amendments, holdovers, and month-to-month transitions.  
• Ensure compliance with lease terms and conditions, including rent escalations, additional rent calculations including but not limited to triple net charges, electric, water, gas and real estate taxes.  
• Maintain area history tables differentiating from leased versus measured square footage.  

Financial Analysis:  

• Review and analyze lease agreements to accurately record lease-related financial transactions in the accounting system.  
• Prepare monthly, quarterly, and annual lease-related financial reports for management review.  
• Assist in budgeting and forecasting lease-related revenue and expenses.  
• Assist in annual expense reconciliations for billing and updating monthly additional rent contributions from tenants.  

Tenant Management:  

• Liaise with external accounting, and management to address any lease related issues or concerns related to charges and payments.  

• Coordinate lease payments and ensure timely processing of invoices and rent payments.  
• Assist in escalating delinquent accounts and calculating interest and/or late fees.  

Compliance and Risk Management:  

• Stay informed about relevant lease accounting standards, regulations, and industry best practices.  
• Identify and mitigate lease-related risks, such as non-compliance with lease agreements or lease accounting standards.  
• Assist in the implementation of internal controls and procedures to ensure accuracy and integrity of lease data.  

Cross-functional Collaboration:  

• Collaborate with various departments, including Legal, Operations, Property Management, Leasing, Accounting and Finance to support lease-related initiatives and projects.  
• Provide guidance and support to stakeholders regarding lease-related matters and inquiries.   

What we would like to see from you:  

• Degree in Accounting, Finance, Business Administration or related field preferred.   
• 1 -3 years of experience in lease administration, property management, or accounting.  
• Experience with Yardi or similar lease administration software or systems.  
• Professional certification in lease administration or real estate (Certified Lease & Finance Professional, Real Property Administrator, etc.) preferred.  

Sabey’s investment in YOU:     Sabey is building an enduring next-generation company that inspires and values team-member greatness, which is achieved through intentional and strategic focus on optimizing the strengths of individuals and the collective organization.  SabeyLife is a comprehensive portfolio of offerings focused on optimizing our holistic well-being, ensuring that we have the resources we need to pursue purpose and meaning in every area of our lives. SabeyLife is who we are as a team. We want each team member to be the best they can be – not just at work, but also for their friends, families and the communities they serve.  

The anticipated annual base salary range for this position is $60,292 - $87,424.   

To learn more about Sabey, take a look:   https://sabey.com/  https://www.linkedin.com/company/sabey/   https://twitter.com/sabey  

EEO Policy Statement: Sabey Corporation and its subsidiaries, including Sabey Data Centers and Sabey Construction, are equal opportunity employers. All qualified applicants will receive consideration for employment without regard to status as a protected veteran or a qualified individual with a disability, or other protected status such as age, race, color, sex, sexual orientation, gender, gender identity, religion, or national origin.  

If you need further assistance and/or accommodation to apply, please contact the Sabey Human Resources Department at (206) 277-5247 or by email at maxsch@sabey.com.  

Another Source works with their clients, on a retained project basis.  We are committed to building inclusive candidate pools as we partner with hiring teams. Veterans, women, people of color, LGBTQIA , and people with disabilities are encouraged to apply. As you read through the job posting and review the list of qualifications (required and/or preferred), please do not self-select out if you feel you do not meet every qualification. No one is 100% qualified. We encourage you to apply and share your story with us.   

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