Senior Lease Administration & Compliance Manager

Overview

Oversee lease administration, compliance, and financial accuracy for a national real estate portfolio.

Key Responsibilities

• lease abstraction
• sop implementation
• m&a integration
• rent roll review
• lease compliance
• nnn reconciliation

Tasks

-Abstraction of new and modified lease contracts into lease administration database including calculating lease payments, abstracting critical clause data into database, highlighting relevant clauses for ongoing compliance -Identification and implementation of key lease administration SOP’s and operational baselines -Support integration of M&A leases into the portfolio including collecting all pertinent legal paper trails, vendor set up forms, and W-9s pre- and post-closing. -Review of all landlord invoices against lease requirements -Work closely with 3rd party brokers, legal, accounting, tax, insurance, operations, FP&A, field leadership and other stakeholders and partners within and without the business to support the needs of the organization as it pertains to the real estate portfolio -Communicate with landlords and other stakeholders as required on rent commencements, renewals, lease assignments or other items as needed -Draft documents such as formal notice letters to landlords, Letters of Commencement (LCDs), Estoppels and more. -Ownership of the rent roll review and variance review process in cooperation with lease accounting to ensure accuracy of rent payments on regular and timely basis -Investigate requests from third parties on a variety of issues related to landlord disputes, violations, condemnations, lender requests, etc. Determine best course of action and provide recommendations for a resolution. -Resolve landlord and lease-related disputes/issues; facilitate landlord approvals or escalations to legal as needed -Review estoppels and SNDAs or other requests from Landlords in a timely manner -Implementation of key lease compliance and portfolio management tracking processes -Analyze, interpret, abstract, and audit lease agreements and underlying legal documents for accuracy and compliance, ensuring all lease documentation conforms to negotiated business points and the company’s operational and legal standards. -Ensure accuracy and comprehensiveness of records in lease administration database -Lead annual NNN reconciliation efforts and desktop audits

Requirements

• lease admin
• lease accounting
• 7+ years
• communication
• analytical
• detail‑oriented

What You Bring

-Strong written and verbal communication skills and ability to work effectively with people at all levels of the organization -Familiarity with full cycle lease administration and lease accounting software -Strong analytical, problem-solving, and communication skills -Working knowledge of commercial real estate leases and lease accounting -7+ years of experience in tenant or landlord commercial lease administration (industrial lease experience a plus) -Experience in managing 3rd party lease administration programs a plus -Strong process orientation with excellent organization skills, thorough attention to detail (natural propensity to get into the details) and ability to prioritize multiple competing projects and deadlines

People Also Searched For

About Core & Main

-Born from HD Supply’s Waterworks unit, it built upon a century of legacy firms to become a nationwide distributor. -Headquartered in St. Louis, it operates across the U.S., serving contractors, municipalities, and private water firms. -Delivers specialized products for both new construction and aging infrastructure. -Fuels growth through organic volume expansion and bolt‑on acquisitions like Geothermal Supply and EGW Utilities. -Typical projects include water‑main renewals, storm‑drain systems, fire‑sprinkler assemblies, and metering upgrades. -Recent deals underscore its expanding technical reach. -Recent leadership changes reinforce a decade of financial continuity. -Stock listed on NYSE and featured in the S&P MidCap 400, reflecting strong investor interest.

Sector Specialisms