Lease Administrator

A career at The Auto Club Group (ACG) can be satisfying, exciting and rewarding. By aligning your professional development with our business objectives, ACG can help you attain your career goals — and make a difference. Get started by choosing the career that’s right for you.

Dearborn, MI

The Auto Club Group

AAA was founded over 100 years ago for the purpose of lobbying for driver and passenger rights, fair laws and safer vehicles — all to better promote the love of the open road and the adventure of driving. Since then, AAA has grown to over 50 million members strong, while providing valuable membership services such as roadside assistance. Additionally, AAA has broadened its horizons to include all types of travel-related services, as well as offer a variety of insurance and financial products and services. Today’s AAA is a national federation comprised of more than 50 individual clubs throughout the United States and Canada. Whether you’re traveling around the world or to the corner grocery store, planning a honeymoon or weekend road trip, learning to drive or in need of a battery boost, the best way to begin your journey is with AAA.

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Full Time

Competitive Compensation and Benefits Package

Overview: <strong>About ACG:</strong><br />The Auto Club Group (ACG) provides membership, travel, insurance, and financial services offerings to approximately 9 million members and customers across 11 states and 2 U.S. territories through the AAA, Meemic, and Fremont brands. ACG belongs to the national AAA federation and is the second-largest AAA club in North America.<br /><br /><strong>Compensation:</strong><br />The Auto Club Group offers competitive compensation and benefits packages including a base salary with performance-based incentives; medical/dental/vision insurance, pension, 401(k), generous time off, a complimentary AAA Membership, and much more!<br /><br /> <div><strong>Work Environment:</strong></div> <div>Works in a temperature-controlled office environment.</div>
Responsibilities: <ul> <li>Coordinates the negotiation, interpretation, and administration of corporate leases for all ACG properties, including the negotiation of lease extensions.</li> <li>Prepares lease summary/abstracts, ensuring lease documents are interpreted properly.</li> <li>Works in cooperation with the RES Facility Manager, Project Coordinator, and the Transactions Specialist regarding the development of leases and real property contracts, including tenant improvement allowances and maintenance/repairs to ACG properties.</li> <li>Forwards to Corporate Counsel, Risk Management, and the Tax area for review and approval.</li> <li>Assists management in facility planning activities.</li> <li>Analyzes leased properties and make recommendations to management regarding the renewal/termination of leases.</li> <li>Assists in/negotiate lease transactions on behalf of the Company.</li> <li>Provides budgetary, financial, and lease status reports.</li> <li>Participates in the development and maintenance of policies and procedures pertaining to all Real Estate Transactions.</li> <li>Supports and maintains Corporate Real Estate Services software involving tracking lease information, property values, capital expenditures, rental rates, and real estate transactions.</li> <li>Responsible for reporting KPIs (Key Performance Indicators) on Property Valuations; Rental Rates; Landlord Contacts; Insurance Coverages; trend analysis; CAM charges; Market Rents; Broker Commissions; Lease Expirations and Renewal Options.</li> </ul>
Requirements: <div><strong>Education:</strong></div> <ul> <li>Completion of real estate and lease administration coursework or related certification/designation.</li> <li>College-level coursework in Business Administration.</li> </ul> <br /> <div><strong>Experience:</strong></div> <ul> <li> <div>lease negotiation, interpretation, and administration</div> </li> <li> <div>renegotiating lease terms and processing amendments/extensions</div> </li> <li> <div>preparing cost/benefit analyses (e.g. lease versus buy, early lease termination buyout, etc.)</div> </li> <li> <div>using computer software at an advanced level, including Computer-Aided Facility Management software</div> </li> <li> <div>preparing and analyzing reports relative to real estate and lease transactions</div> </li> <li> <div>lease analysis and reconciliation for the gross, net, and triple net leases</div> </li> <li> <div>reconciling rent and CAM (Common Area Maintenance charges)</div> </li> <li> <div>auditing lease transactions for appropriateness (e.g. terms, language, etc.)</div> </li> <li> <div>interpreting of real estate appraisals</div> </li> <li> <div>preparing Business Licenses</div> </li> <li> <div>preparing/processing closing documents for the sale of real property</div> </li> <li> <div>interpreting boundary surveys and easement agreements</div> </li> <li> <div>performing mathematical calculations including square footage, rent increases using Consumer Price Index (CPI), abatements, and pro-rata share</div> </li> </ul> <br /><strong>Knowledge and Skills:</strong><br /> <ul> <li>various building trades and organizations</li> <li>real estate language and lease terminology</li> <li>Generally Accepted Accounting Principles (GAAP)</li> <li>Demonstrated skills in report writing and organization.</li> <li>preparing and presenting detailed written and oral reports to management</li> <li>communicating effectively with others in a work environment and with the public (e.g. brokers, internal management/user groups, tenants, and General Counsel)</li> <li>organizing numerous files and documents</li> <li>preparing payments and budget templates for all ACG corporate accounts: rent, insurance, CAM, utilities, etc.</li> <li>Travel, as required</li> <li>perform financial reporting relative to the lease of ACG owned facilities</li> </ul> <br />Important Note: The above statements describe the principle and essential functions, but not all functions that may be inherent in the job. This job requires the ability to perform duties contained in the job description for this position, including, but not limited to, the above requirements. Reasonable accommodations will be made for otherwise qualified applicants, as needed, to enable them to fulfill these requirements.<br /><br />The Auto Club Group, and all of its affiliated companies, is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, gender identity, sexual orientation, national origin, disability or protected veteran status.