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Job Information

Citizens Bank Lease Auditor in Johnston, Rhode Island

Description

Lease Auditor performs the operations of a Lease Audit, analysis and review for Citizens Bank Real Estate Portfolio. Ensures all operating agreements and leases are in full compliance with Citizens Bank policies, procedures and applicable government regulations. Audits operating agreements and leases governing all leased properties and determines if the Landlord has overbilled and Citizens Bank has overpaid its obligations. Initiate the process to collect all monies owed back to Citizens Bank for overpayments.

Primary responsibilities include:

  • Administering and review of all Common Area Maintenance (CAM) / Operating Expenses (“Additional Rent”) charges and determining if charges are compliant with Lease Documents. Inputs all reconciliation invoices into the tracking log/software system.

  • Performs in house desktop audits to determine if the landlord has overbilled and/or Citizens Bank has overpaid its obligations.

  • Determine the payment due date based on the lease language.

  • Gathers information pertaining to the Lease language, historical payments and prior invoices to build an audit package. Sent to Senior Lease Auditor if needed.

  • Responds timely to Landlords, internal auditors.

  • Send out letters to the Landlord to reserve the banks right in performing an Audit as needed.

  • Enter Reconciliation into software data base

  • Work with the Transaction Specialist regarding upcoming renewals

  • Photocopying, faxing, scanning as needed.

  • Performs special projects assigned.

Qualifications

Preferred Experience:

  • 1 year experience interpreting complex commercial lease language related to real estate documentation

  • Knowledge of accounting, especially the treatment of real estate expenses under GAAP and FASB

  • Relevant experience in a fast paced, multi-project, operational environment

  • Ability to meet deadlines

  • Detail oriented and results - oriented with a desire to learn and support new technologies and processes

  • Dependable & reliable

  • Proficient with PCs and Microsoft Office applications

  • Strong oral and written communication skills

  • Ability to work independently, and as well as part of a team.

Education:

  • Bachelor’s degree is preferred, in lieu of degree experience in Accounting, Business Administration or equivalent relevant Lease Admin

Hours and Work Schedule

Hours per Week: 40

Work Schedule: M-F 8-5.

This position can be work from home

Why Work for Us

At Citizens, you'll find a customer-centric culture built around helping our customers and giving back to our local communities. When you join our team, you are part of a supportive and collaborative workforce, with access to training and tools to accelerate your potential and maximize your career growth.

Equal Employment Opportunity

It is the policy of Citizens to provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to race, color, ethnicity, religion, gender, pregnancy/childbirth, colleague or a dependent’s reproductive health decision making, age, national origin, sexual orientation, gender identity or expression, disability or perceived disability, genetic information, genetic characteristic, citizenship, veteran or military status, marital or domestic partner status, family status/parenthood, victim of domestic violence, or any other category protected by federal, state and/or local laws.

Equal Employment and Opportunity Employer/Disabled/Veteran

Citizens is a brand name of Citizens Bank, N.A. and each of its respective affiliates.

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