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Become A Lease Analyst

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Working As A Lease Analyst

  • $83,000

    Average Salary

What Does A Lease Analyst Do At Simon Property Group

* The successful candidate s responsibilities will include, but not be limited to: Abstract, interpret, input, and analyze information on leases, amendments, assignments, and other legal documents in accordance with departmental policies.
* Ensure that all applicable bills are prepared in accordance with lease terms.
* Determine appropriate charge types, as well as various calculation methods for charges.
* Charge types determine general ledger posting.
* These will be processed within ten (10) business days or properly escalated.
* Identify and escalate problematic lease language that is financially detrimental or difficult to efficiently administer.
* Prepare analysis of financial impact.
* Calculate and prepare tenant billings for common area maintenance.
* Includes preparation of an analytical review of current year expenses to prior year expenses, providing explanation of fluctuations in excess of established guidelines.
* Prepare organized complete and uniform files supporting the billings in accordance with departmental policies.
* Files will be turned in by assigned due dates and should require only one (1) set of review notes from a complete review.
* Calculate and prepare billings for real estate taxes.
* Includes working with Tax department to understand and explain fluctuations in tax expense.
* Prepare organized complete and uniform files supporting the billings in accordance with departmental policies.
* Files will be turned in by assigned due dates and should require only one (1) set of review notes from a complete review.
* Resolve tenant s questions and issues by researching and analyzing billings and lease language.
* Ensure any revisions are done within the allotted timeframe or properly escalated to your senior analyst or supervisor prior to the due date.
* Identify policy issues and submit improvement recommendations to Supervisor.
* Make suggestions to enhance efficiencies and minimize risk of error.
* Responsible for the collection of missing sales, processing of percentage rent, percentage rent in lieu of and percentage maintenance invoices to tenants for properties assigned by the Supervisor.
* This also includes analyzing holdover language.
* Perform a self-review of all work products to ensure accurate billings.
* Submit work product for approvals as required by department policy.
* Participate in the performance on due diligence activities for potential acquisitions.
* This includes the analyzation of lease language and billings and verification to due diligence materials.
* Participate in the CTI set up of acquired properties.
* Includes development of input scripts and validation plans and execution of steps on these plans.
* Assist in corporate systems improvement initiatives by serving as a team member and/or performing required testing.
* Analyze information as required by project charter.
* Document departmental policies as requested and make recommendations for improvement.
* Process changes in monthly escrow billings for Recoverable Charges based on information received from Financial Reporting and Property Management.
* Assist in development of letters to tenants explaining reasons for the escrow adjustments.
* Other duties and specific projects as assigned

What Does A Lease Analyst Do At CGI Technologies and Solutions, Inc.

* Create, maintain, and update new and existing lease record information in Land systems and applications.
* Research, analyze, and interpret standard and routine title opinions, ownership reports, and other curative documents.
* Ensure and verify that lease records are accurate and up-to-date and include all pertinent information including lease, payment, ownership and special obligations.
* Perform lease records maintenance activities in land systems and databases, which include updating well and lease
* information, processing transfers, dropping records, reviewing payments, extensions, etc.
* Review, prepare, and disseminate land record reports to ensure any special obligations, payments, and expirations are made on time and are accurate.
* Research and prepare memorandums of lease extensions, release of oil and gas leases, and assignments of oil and gas leases to ensure ownership is reflected correctly from the record title.
* Perform other duties as assigned.
* Required qualifications to be successful in this role:
* Demonstrate basic computer knowledge through effective use of a personal computer including Microsoft Office applications.
* Able to learn company specific applications.
* Able to effectively manage time and prioritize projects in order to meet established deadlines.
* Excellent verbal, written and interpersonal communication skills.
* Able to work effectively with all levels of co-workers, clients, and other external contacts.
* Able to effectively abide company policies, procedures, and technology.
* Able to function independently in a multi-task environment, as well as part of a team.
* Able to handle sensitive and confidential information appropriately.
* Basic knowledge of oil and gas vocabulary.
* Ability to read and understand standard and routine legal descriptions for a tract of land and interpret land title information.
* Basic knowledge of oil and gas leases, deeds, and title curative documents.
* Basic knowledge of lease provisions and their implications to lease records.
* Basic knowledge of the different types of special obligations and payments

What Does A Lease Analyst Do At CBRE

* Assists team with preparation and distribution of periodic and ad hoc reports in a timely, accurate manner.
* Runs standard reports for management review and runs ad hoc reports with assistance.
* Assists with the design of reports utilizing a variety of software tools.
* Assists team in resolving critical issues for clients by researching and gathering information about payment transactions, lease terms and other relevant items as requested.
* May conduct financial analysis/accounting as appropriate, including AR/AP, rent rolls, and budgets in accordance with required accounting principles (GAAP, Tax, Cash, etc.).
* Prepares invoices for subtenants, reconciles subtenant accounts, reviews incoming invoices for errors/accuracy with lease document and ensures correct coding.
* Creates and maintains client electronic lease files ensuring they contain current, accurate information.
* Performs other duties as assigned.
* SUPERVISORY RESPONSIBILITIES
* No formal supervisory responsibilities in this position.
* May provide informal assistance such as technical guidance and/or portfolio specific training to co-workers.
* To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.
* The requirements listed below are representative of the knowledge, skill, and/or ability required.
* Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions

What Does A Lease Analyst Do At CGI Technologies and Solutions, Inc.

* Reviewing ownership data and titles
* Responsible for obtaining the necessary information for lease and contract set-up in a commercial land software package/system similar to or including Horizon, LANDMan, PetroComp or other competing products.
* Monitoring lease and contract obligations and works with the Landman and Senior Lease Analysts to obtain proper authorization for payment and/or action.
* Updating land system software to reflect on-going assignments or conveyances.
* Maintaining leases and contracts with changes in lease status.
* Working closely with GIS Analyst to review, document, and resolve tract issues.
* Working closely with Division Order Analysts and Landman counterparts on identifying leases and contracts in wells and units.
* Working closely with other Analyst and/or Landman on title issues.
* May assist in preparing necessary documents to perfect title, as needed or required
* Researching, analyzing, and maintaining leases, lands, and contracts to ensure consistent reporting data and accurate maps.
* Assisting other Senior Analysts, and acting as a team supervisor and/or group manager on special projects as needed.
* Handling moderately complex projects.
* Maintaining professional and technical knowledge by attending educational workshops, reviewing professional publications, and establishing personal networks.
* Performing acquisition and disposition due diligence as needed.
* Creation of standard forms and policies and procedures.
* Producing reports including ad hoc and / or custom reports and performs analyses (including financial) as required.
* Responsible for efficient resource allocation and implementation
* Ensuring timely entry of all data and submission of reports
* Maintaining working lease files and ensuring that all files are updated and complete and follow corporate standards for records retentio

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Lease Analyst Career Paths

Lease Analyst
Landman Project Manager General Manager
Managing Partner
9 Yearsyrs
Landman Project Manager Vice President
Vice President And Manager
10 Yearsyrs
Landman Project Manager
Development Manager
8 Yearsyrs
Lease Administrator Property Manager
Portfolio Manager
7 Yearsyrs
Lease Administrator Property Manager Owner
Assistant Vice President
7 Yearsyrs
Lease Administrator Property Manager Vice President
Finance Vice President
10 Yearsyrs
Senior Analyst Manager Branch Manager
Manager, Assistant Vice President
7 Yearsyrs
Senior Analyst Manager Office Manager
Administrative Manager
6 Yearsyrs
Senior Analyst Manager Finance Manager
Manager Finance Planning And Analysis
8 Yearsyrs
Office Manager Business Manager
Business Operations Manager
8 Yearsyrs
Office Manager Area Manager Production Manager
Processing Manager
7 Yearsyrs
Assistant Property Manager Real Estate Manager
Asset Manager
7 Yearsyrs
Assistant Property Manager General Manager Operations Director
Assistant Vice President Operations
8 Yearsyrs
Assistant Property Manager Store Manager Facilities Manager
Real Estate Manager
8 Yearsyrs
Contract Analyst Business Analyst Senior Finance Analyst
Pricing Manager
7 Yearsyrs
Contract Analyst Business Analyst Management Consultant
Vice President, Business Development
13 Yearsyrs
Contract Analyst Team Leader Unit Manager
Risk Manager
8 Yearsyrs
Assistant Manager Assistant Branch Manager Banking Center Manager
Client Manager
6 Yearsyrs
Assistant Manager Merchandising Manager Planning Manager
Manager, Strategy
8 Yearsyrs
Assistant Manager Operations Manager Senior Operations Manager
Head Operator
6 Yearsyrs
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Do you work as a Lease Analyst?

Help others decide if this is a good career for them

Do you work as a Lease Analyst?

Average Yearly Salary
$83,000
Show Salaries
$50,000
Min 10%
$83,000
Median 50%
$83,000
Median 50%
$83,000
Median 50%
$83,000
Median 50%
$83,000
Median 50%
$83,000
Median 50%
$83,000
Median 50%
$140,000
Max 90%
Best Paying Company
Endeavor Energy Resources
Highest Paying City
Framingham, MA
Highest Paying State
Alaska
Avg Experience Level
3.3 years
How much does a Lease Analyst make at top companies?
The national average salary for a Lease Analyst in the United States is $83,973 per year or $40 per hour. Those in the bottom 10 percent make under $50,000 a year, and the top 10 percent make over $140,000.

How Would You Rate The Salary Of a Lease Analyst?

Have you worked as a Lease Analyst? Help other job seekers by rating your experience as a Lease Analyst.

Top Skills for A Lease Analyst

  1. Lease Documents
  2. Lease Agreements
  3. Ownership Reports
You can check out examples of real life uses of top skills on resumes here:
  • Abstracted and interpreted commercial lease documents and maintained accuracy of internal database of lease terms.
  • Required the ability to identify opportunities to increase ACS and client revenues within highly complex multiple party lease/sublease agreements.
  • Tracked and assessed mineral ownership reports and cure title requirements, insuring accurate and comprehensive acquisitions.
  • Abstracted and summarized property and lease file documents using client defined standards and input information into Real Estate Management System.
  • Prepare financial statements and account analysis for each lease.

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Average Salary:

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Top 10 Best States for Lease Analysts

  1. Virginia
  2. Maryland
  3. District of Columbia
  4. Rhode Island
  5. Alabama
  6. Massachusetts
  7. Delaware
  8. Alaska
  9. Pennsylvania
  10. Wyoming
  • (422 jobs)
  • (193 jobs)
  • (127 jobs)
  • (16 jobs)
  • (72 jobs)
  • (135 jobs)
  • (23 jobs)
  • (4 jobs)
  • (119 jobs)
  • (7 jobs)

Lease Analyst Demographics

Gender

Female

60.7%

Male

31.4%

Unknown

7.9%
Ethnicity

White

61.3%

Hispanic or Latino

15.4%

Black or African American

11.0%

Asian

7.9%

Unknown

4.3%
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Foreign Languages Spoken

Spanish

42.9%

French

7.1%

Hindi

7.1%

Korean

7.1%

Russian

3.6%

Portuguese

3.6%

Croatian

3.6%

Norwegian

3.6%

Czech

3.6%

Dakota

3.6%

Carrier

3.6%

Urdu

3.6%

Italian

3.6%

Cheyenne

3.6%
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Lease Analyst Education

Schools

University of Houston

11.4%

Oklahoma State University

9.5%

University of Oklahoma

9.5%

University of Central Oklahoma

8.0%

University of Phoenix

6.8%

University of Louisiana at Lafayette

4.9%

University of Pittsburgh -

4.9%

Texas Tech University

4.5%

University of Houston - Downtown

4.5%

Duquesne University

3.8%

Oklahoma City University

3.8%

University of Texas at Austin

3.8%

Texas Christian University

3.4%

Charlotte School of Law

3.4%

University of Texas at Arlington

3.0%

West Virginia University at Parkersburg

3.0%

Metropolitan State University of Denver

3.0%

University of Colorado at Boulder

3.0%

Sam Houston State University

3.0%

South Texas College of Law

2.7%
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Majors

Business

30.9%

Accounting

11.2%

Finance

8.4%

Law

8.2%

Legal Support Services

5.8%

Real Estate

3.7%

Management

3.2%

Psychology

3.2%

Education

2.7%

Economics

2.4%

Communication

2.4%

Political Science

2.4%

Legal Research And Advanced Professional Studies

2.2%

Natural Resources Management

2.2%

English

2.2%

Marketing

2.1%

Criminal Justice

1.9%

General Studies

1.7%

Health Care Administration

1.5%

Liberal Arts

1.4%
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Degrees

Bachelors

44.9%

Other

18.7%

Masters

14.8%

Associate

7.9%

Certificate

6.3%

Doctorate

5.9%

License

1.0%

Diploma

0.5%
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What Is It Like To Work As A Lease Analyst

5.0

Lease Analysts In Demand

June 7, 2019 on Zippia

What was your job title?

Lease Analyst.. Show More

What do you like the most about working as Lease Analyst?

Many oil companies today do not require their lease analysts to have a four year degree, but pay salaries as if they do. Anyone who understands how the land administration department fits into the bigger picture of total oil company operations can get started. Basic knowledge of the life of an oil and gas lease will give the "standout" edge needed to get that first entry-level job as a lease analyst. For instance, the books available at Oil Patch Press online are excellent training manuals for lease analysts and division order analysts alike... Show More

What do you NOT like?

Lease Analyst work requires extreme attention to details. Practically every task a lease analyst performs is vital to the continued validity of the oil and gas lease. This career also requires a strong math aptitude. The job requires creating and using complex math equations using primarily addition, subtraction, multiplication and division. A book like Oil and Gas Lease Pooling Calculations Workbook is an excellent primer. Also, already knowing how to use Microsoft Excel is a huge plus for that first job as a lease analyst... Show More

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