Property Administrator

Abacus Corporation

  • Frederick, MD
  • 30+ days ago
  • $70,000 Per Year

Highlights

A well-established commercial real estate organization is seeking a detail-oriented and organized Accounts Receivable/Lease Administrator to support property management operations. Prepare annual Common Area Maintenance (CAM) and Real Estate Tax reconciliations, along with utility and other operating expense adjustments as needed.

Numbers & Facts

LocationFrederick, MD

Description

Salary: $70,000–$75,000 annually

A well-established commercial real estate organization is seeking a detail-oriented and organized Accounts Receivable/Lease Administrator to support property management operations. This role is responsible for lease administration, tenant account management, rent collections, and maintaining accurate financial and lease records. The ideal candidate is a proactive self-starter with strong communication skills and the ability to manage multiple priorities in a fast-paced environment.

Key Responsibilities:

  • Abstract and maintain lease documents, amendments, and tenant records within property management software.
  • Process daily cash receipts and manage monthly rent collections, including late fees, payment follow-up, and account resolution.
  • Prepare and distribute tenant correspondence related to billing, payment instructions, and account updates.
  • Reconcile tenant accounts and partner with Property Managers to resolve outstanding balances and billing discrepancies.
  • Prepare annual Common Area Maintenance (CAM) and Real Estate Tax reconciliations, along with utility and other operating expense adjustments as needed.
  • Maintain recurring tenant charges, process prorated charges, and implement annual CPI rent adjustments.
  • Track lease expirations, coordinate final account reconciliations, and process security deposit refunds.
  • Monitor certificates of insurance and collaborate with Property Managers to ensure compliance.
  • Respond promptly to tenant and internal inquiries while providing excellent customer service.
  • Support additional accounting and administrative functions as assigned.

Qualifications:

  • Bachelor's degree preferred; equivalent professional experience will be considered.
  • Experience in accounts receivable, lease administration, property management, or commercial real estate is preferred.
  • Proficiency with Microsoft Office, particularly Excel and Word.
  • Strong organizational, analytical, and problem-solving skills with exceptional attention to detail.
  • Excellent verbal and written communication skills.
  • Customer service experience is a plus.
  • Ability to work independently while collaborating effectively with cross-functional teams.

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