Lease Administrator (UK Hours) at MRI Software

Cape Town, Western Cape, South Africa

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Not SpecifiedCompensation

Junior (1 to 2 years), Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Real Estate, Property Management, SoftwareIndustries

Requirements

Must be able to work during UK hours and South African public holidays (you will receive take UK bank holidays instead of SA bank holidays)
2 - 4 years’ experience as a Lease Administrator with focus on Occupiers in the commercial sector
Intermediate/Advanced Excel Skills
Ability to communicate effectively with clients, peers, and management through written and/or verbal communication
Ability to work independently
Ability to work under deadlines
Good organisational skills and the ability to manage priorities
A high degree of dependability, motivation and flexibility
Nice to have
Previous experience working with UK leases and lease terminology advantageous
Experience using MRI Software applications
Legal background
Understanding of Property & Lease Management processes & principles
Comfortable with System Administration tasks (non-technical)
Knowledge of Turnover Rent and / or IFRS16
Previous experience in client-facing roles

Responsibilities

Assist in administering all levels of Lease Administration and special projects as needed by management
Act as the central point for administering all client requests received
Assist with abstraction of key data points from leases
Assist with creating leasing data in relevant system(s), whilst also running business processes (indexation to uplift rent, show clients commitments to landlords etc)
Assist with client reporting e.g. scheduling key events reporting and discussing with clients in detail
Acting on behalf of our clients to liaise with Landlords, requesting copies of invoices to reconcile against what they should be paying according to their lease and challenging where necessary
Support with system administration activities including user maintenance, updating configuration, customising the system etc
Support with running IFRS16 calculation in the system (post lease update activity)
Service charge reconciliation
Uploading sales data and calculating turnover rent (for Retail clients)
Understanding clients’ portfolios to be the main contact point for internal and external lease related enquiries
Assisting with sub-leasing portfolio to cover activities such as, raising tenant invoices, posting receipts and providing aging reports

Skills

Key technologies and capabilities for this role

Lease AdministrationLease AbstractionIFRS16Service Charge ReconciliationTurnover Rent CalculationClient ReportingSystem AdministrationLandlord Liaison

Questions & Answers

Common questions about this position

What is the work arrangement for this role?

The role operates a hybrid working model with 3 days of working from home per week and is based in the Cape Town office. It requires working UK hours (10:00 - 18:30 SA time, until 19:30 during daylight saving) and South African public holidays, taking UK bank holidays instead.

What are the required skills for this Lease Administrator position?

Candidates need 2-4 years’ experience as a Lease Administrator with focus on Occupiers in the commercial sector, Intermediate/Advanced Excel Skills, effective communication, ability to work independently under deadlines, good organisational skills, and a high degree of dependability, motivation, and flexibility.

What is the salary or compensation for this role?

This information is not specified in the job description.

What is the company culture like at MRI Software?

The company provides a flexible working environment partnered with team collaboration and socialisation through a hybrid model.

What makes a strong candidate for this Lease Administrator role?

A strong candidate has 2-4 years of Lease Administrator experience in the commercial occupier sector, Intermediate/Advanced Excel skills, and nice-to-haves like UK lease experience, MRI Software knowledge, legal background, or property/lease management understanding.

MRI Software

Real estate software for property management

About MRI Software

MRI Software provides software solutions designed for the real estate industry, focusing on property management, lease management, and digital services. Their products help real estate owners, operators, and occupiers manage various aspects of their operations, including tenant communications and financial reporting. The software integrates easily with existing systems, making it user-friendly for clients. Unlike many competitors, MRI Software operates on a subscription-based model, which allows for a consistent revenue stream and ongoing improvements to their offerings. The company also has a partner ecosystem that enables clients to customize their software experience, adding further value. The main goal of MRI Software is to enhance operational efficiency and streamline property management for their clients in the global real estate market.

Solon, IowaHeadquarters

1971Year Founded

$3.4MTotal Funding

DEBTCompany Stage

Enterprise Software, Real EstateIndustries

1,001-5,000Employees

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Private Medical Insurance

Income Protection Plans

Personal Pension plan

Parental Leave

Paid Vacation

401(k) Company Match

Tuition Reimbursement

Flexi Any-Day

Paid Holidays

Pet Insurance

Unlimited Paid Time Off

Hybrid Work Options

Mental Health Support

Wellness Program

Risks

Technical challenges in integrating Mesh's platform may lead to client dissatisfaction.

iInterchange acquisition could divert focus from core real estate software offerings.

Capita One acquisition may strain MRI's financial resources, affecting strategic investments.

Differentiation

MRI Software offers a comprehensive and flexible technology platform for real estate.

The company has a strong partner ecosystem enhancing client customization and optimization.

MRI Software's subscription model ensures steady revenue and continuous innovation.

Upsides

Increased demand for AI-driven property management boosts MRI's market potential.

Strategic acquisitions like iInterchange expand MRI's service offerings globally.

Partnerships, such as with Mesh, enhance MRI's property management platform capabilities.

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