Job Information
CBRE Lease Auditor / Senior Lease Auditor - (Occupier Accounts) in London, United Kingdom
Lease Auditor / Senior Lease Auditor - (Occupier Accounts)
Job ID
189790
Posted
31-Oct-2024
Service line
Advisory Segment
Role type
Full-time
Areas of Interest
Accounting/Finance
Location(s)
London - England - United Kingdom of Great Britain and Northern Ireland
OCCUPIER ACCOUNTS / LOCATION FLEXIBLE
Lease Auditor / Senior Lease Auditor
Role Purpose
Working in the Lease Audit team within the larger Occupier Accounts team where the individual will be responsible for conducting lease audits for corporate clients to identify, negotiate and recoup potential savings.
Key Responsibilities
Technical & Operational
Audit and reconcile all financial considerations including but not limited to service charges, insurance recharges, base rent, turnover rent, works deposits and capital allowances.
Troubleshoot/dispute resolution through lease language regarding specific issues.
Prepare individual lease audit reports consistent with each client’s scope of work.
Communicate and negotiate with landlords to enforce compliance of lease obligations.
Work closely with client legal department in interpretation of lease clauses for purposes of ensuring landlord/tenant compliance with lease terms.
Coordinate and lead recurring lease audit status meetings with clients and account teams.
Supervise 3rd party auditors on other lease audit projects as needed.
Manage and prepare reports for clients including a lease master audit saving and cost avoidance reports.
Liaising with various internal and external stakeholders to achieve the role responsibilities.
Conduct audit service across UK, Europe and in some cases rest of the world with support, where required, from in country expertise both in-house and/or 3rd party.
Business Development and Client Management
Participate in client solutioning and pitches
Manage client contracting discussions alongside legal and leadership teams
Business Management
Form part of team to setup lease audit services for UK, EMEA, APAC and LATM regions.
Responsible for assisting other team members passing on knowledge and skills particularly to new members of staff.
Undertaking project work to support re-engineering or efficiency improvement.
Person Specification/Requirements
Full professional proficiency in English
Bachelor’s degree
Proactive, self-starter, strong problem-solving and decision-making skills
Strong oral and written skills, ability to draft professional business letters gauged to document and most importantly convince the landlord of the inaccuracy of their methodologies.
Must be familiar with lease terminology and have the ability to interpret lease provisions and to understand legal documents.
Understanding of the service charge end to end process as well as RICS guidelines.
Understanding of Real Estate transactions
Advance Proficiency in MS Excel and MS PowerPoint
Attention to detail
Ability to work under pressure and to strict deadlines
Relationship management
Excellent communication skills
Numerical and analytically minded
Proficiency in an additional language (French, Spanish or German) will be considered beneficial
Property/Lease auditing experience across EMEA, APAC & LATM regions will be considered beneficial
Working at CBRE
When you join CBRE you will have the support and resources of a global firm where an entrepreneurial mind-set is encouraged. You'll realize your potential with challenging work, fast-paced assignments, an environment of constant learning and commitment to results. To enable your success, we provide the best tools, training and leaders in the industry.
Our collaborative culture is built on our RISE values and reflects the needs and perspectives of our clients and our people. Our work is guided by our North Star: Creating the real estate solutions of tomorrow, so businesses and people thrive. This informs everything we do—from diversity, equity, and inclusion to sustainability initiatives to workplace safety and wellbeing.
At CBRE, we believe that the more perspectives we have, the more dimensions we see. We welcome people with different backgrounds and experiences across industries to apply for open positions even if you do not match every element of the required skills. To discover more about what it’s like to work at CBRE, visit Life at CBRE (https://www.cbre.com/careers/careers-blog)
About CBRE
CBRE Group, Inc. (NYSE: CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment company, with leading market positions in leasing, property sales, outsourcing, property management and valuation businesses. With 2022 revenues of $30.8 billion and more than 115,000 employees serving clients in over 100 countries, the firm's scale allows it to access unmatched data and market knowledge around the world.
CBRE serves a range of clients with an integrated suite of services, including facilities, transaction, and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services.
In the UK, we service our clients from our offices in Aberdeen, Birmingham, Bristol, Edinburgh, Glasgow, Leeds, Liverpool, London, Manchester, and Southampton.
Equal Opportunities
We are an equal opportunities employer and do not discriminate on the grounds of gender, sexual orientation, marital or civil partner status, pregnancy or maternity, gender reassignment, race, colour, nationality, ethnic or national origin, religion or belief, disability or age.
QUALIFICATIONS
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
EDUCATION and EXPERIENCE
Bachelor's degree from a four-year college or university with Accounting, Finance or Real Estate plus a minimum of five years commercial real estate experience. Experience in property management or real estate accounting preferred.
CERTIFICATES and/or LICENSES
None
COMMUNICATION SKILLS
Excellent written and verbal communication skills to communicate effectively with staff, landlords, tenants, public, corporate management and clients. Strong organizational and analytical skills. Ability to provide efficient, timely, reliable and courteous service to customers. Ability to effectively present information.
Ability to respond effectively to sensitive issues.
FINANCIAL KNOWLEDGE
Requires advanced knowledge of financial terms and principles. Ability to calculate complex figures. Conducts advanced financial analysis including the preparation of reports.
REASONING ABILITY
Ability to comprehend, analyze, and interpret complex documents. Ability to solve problems in standard or non-standard situations, where several solution options are available. Considers impact of decision on client, team and department to determine best solution; exhibits sound and accurate judgment. Requires advanced analytical and quantitative skills.
OTHER SKILLS and ABILITIES
Advanced knowledge of computer software and hardware (i.e. Microsoft Office Suite Products). In depth understanding of lease administration functions and services. Ability to work well under pressure. Advanced organizational skills, attention to detail.
SCOPE OF RESPONSIBILITY
Decisions made with thorough understanding of procedures, company policies, and business practices to achieve general results and deadlines. Responsible for setting work unit and/or project deadlines. Errors in judgment may cause short-term impact to department.
CBRE, Inc. is an Equal Opportunity and Affirmative Action Employer (Women/Minorities/Persons with Disabilities/US Veterans)