Lease Auditing Manager

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POST DATE 9/3/2016
END DATE 11/8/2016

BDO USA, LLP Woodbridge, NJ

Woodbridge, NJ
AJE Ref #
Job Classification
Full Time
Job Type
Company Ref #
Mid-Career (2 - 15 years)
Bachelors Degree


Job Summary
BDO s Core Purpose is Helping People Thrive Every Day. Our Core Values reflect how we manage our work, our relationships and ourselves. As an employee of the firm, you will live true to our Core Values of people first, being exceptional every day in every way, embracing change, feeling empowered through knowledge and choosing accountability. Our Core Values are the standards by which we conduct ourselves day in and day out, both internally and externally.

Perform operating expense and real estate tax escalation audits on behalf of commercial office tenants. This individual schedules and performs all assigned lease audits relating to common area, real estate taxes, utilities, and other components of additional rent. Ensures the timely completion of the entire audit cycle, including preplanning, conducting the audit, and writing reports based on findings, follow-ups, and negotiations including the recovery of any identified overcharges.

Specific tasks include:
- Review and understand all specific additional rent provisions of a tenant s lease
- Summarize tenant s monthly rent statements
- Review annual reconciliation of operating expenses and real estate taxes
- Prepare initial summary of documents reviewed
- Perform lease audits at landlord's location
- Communicate with landlord s personnel in a professional manner
- Prepare written reports covering audit recommendations and findings
- Discuss findings with tenant
- Negotiate with landlord's representative(s), including attorneys
- Secure recoveries based on audit findings

- Bachelor s degree in a relevant field (e.g. Accounting, Finance, Real Estate, Property Management) is required
- Master s or other graduate degree/professional credential preferred (MBA, JD, CPA, etc.) preferred

- 5+ years of experience in lease auditing or related lease administration work required
Property management accounting knowledge required
- Experience in property management preferred
- Proficiency in cost analysis, gross up calculations, review of ledgers, contracts and other financial books and records required
- Forensic accounting experience preferred
- Client Relationship experience preferred

- Proficiency in the use of Microsoft Office Suite required

Other Knowledge, Skills & Abilities:
- Superior verbal and written communication skills
- Ability to effectively delegate work as needed
- Strong analytical, research and critical thinking skills as well as decision-making skills
- Capacity to work well in a team environment
- Ability to travel (20% over course of a year)


BDO USA, LLP is an EO employer M/F/Veteran/Disability

Additional Benefits

Usual corporate benefits.