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Lease Administrator

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Lyft

1mo ago

  • Job
    Full-time
    Senior Level
  • Real Estate & Property
    Business, Operations & Strategy
  • Toronto
  • Quick Apply

AI generated summary

  • You need 5 years in lease administration, strong database skills, excellent communication, experience with SpaceBase, and proficiency in Excel and Word or similar software.
  • You will ensure lease compliance, manage payments and security deposits, analyze lease terms, address landlord disputes, prepare correspondence, and support audit compliance and best practices.

Requirements

  • 5 years of experience in Lease Administration
  • Good with database and record keeping
  • Excellent verbal and written communication skills
  • Experience using SpaceBase
  • Proficient in Excel and Word, or equivalent software

Responsibilities

  • Ensure compliance with all lease terms
  • Work closely with Accounts Payable to confirm that payments of rent and operating expenses are paid on time to landlords and vendors
  • Assist with ensuring all Security Deposits/Letters of Credit are paid and tracked
  • Manage Certificates of Insurance for all locations
  • Manage receipt of tenant allowances due from landlords
  • Analyze and abstract lease terms, help to determine course of action when needed
  • Manage landlord disputes
  • Prepare lease related correspondence, including estoppels, SNDAs, commencement agreements
  • Work cross functionally to ensure we remain in compliance with internal and external auditor requirements
  • Participate in the development and implementation of best practices and procedures

FAQs

What is the primary role of the Lease Administrator at Lyft?

The primary role of the Lease Administrator is to oversee all aspects of the lease process and portfolio maintenance and management within Lyft's real estate team.

What are the main responsibilities of this position?

The main responsibilities include ensuring compliance with lease terms, managing payments to landlords and vendors, handling security deposits, managing insurance certificates, analyzing and abstracting lease terms, managing landlord disputes, and preparing lease-related correspondence.

What experience is required for the Lease Administrator position?

The position requires at least 5 years of experience in Lease Administration.

What software experience is preferred for this role?

Experience using SpaceBase is preferred, along with proficiency in Excel and Word or equivalent software.

What are the benefits offered to Lease Administrators at Lyft?

Benefits include health and dental coverage, mental health benefits, family building benefits, childcare and pet benefits, a Health Care Savings Account, an RRSP plan, flexible paid time off, paid parental leave, and subsidized commuter benefits.

Is there an opportunity for personal time off in this role?

Yes, the role offers a flexible paid time off policy along with 15 paid days off for hourly team members, with an additional day for each year of service.

What is the office schedule for this position?

This role is hybrid, requiring team members to work in the office 3 days per week on Mondays, Wednesdays, and Thursdays.

What is the expected salary range for the Lease Administrator position?

The expected base pay range for this position in the Toronto area is CAD $108,000 - $135,000, depending on qualifications, experience, and geographic location.

How does Lyft approach diversity and inclusion in hiring?

Lyft is committed to hiring a diverse workforce and provides equal employment opportunities without discrimination based on various protected characteristics.

Are accommodations available for applicants with disabilities?

Yes, accommodations for persons with disabilities are provided upon request in accordance with applicable law during the application and hiring process.

Ride by ride, we’re reimagining the world’s best transportation.

Transportation
Industry
5001-10,000
Employees
2012
Founded Year

Mission & Purpose

Lyft was founded in 2012 by Logan Green and John Zimmer to improve people’s lives with the world’s best transportation, and is available to approximately 95 percent of the United States population as well as select cities in Canada. Lyft is committed to effecting positive change for our cities by offsetting carbon emissions from all rides, and by promoting transportation equity through shared rides, bikeshare systems, electric scooters, and public transit partnerships.