Manager - Global Lease Administration

Summary Posted: Oct 31, 2023 Weekly Hours: 40 Role Number: 200516336 Real Estate & Development is looking for an experienced Global Lease Administration Manager to lead our Lease Administration team. In this role you will be responsible for driving all Lease Administration responsibilities to manage and administer Apple’s corporate and retail real estate leases and owned properties, reporting of portfolio key data and critical dates, maintaining the system of record, and developing relationships with local property managers and landlords. The team works with many internal cross-functional business partners including Facilities, Project Management, Legal, Tax, Risk Management, Corporate Accounting and Finance. In addition, the team works with many external business partners such as outside legal counsel, third-party consultants and landlords. Key Qualifications Key Qualifications Strong leadership skills with the ability to effectively lead and mentor teams Demonstrated extensive hands-on Lease Administration and Asset Management experience Ability to review, interpret and abstract legal real estate documents Experience with database/records management Consistent track record of successfully completing challenging projects and handling multiple priorities Knowledge of lease accounting standards (ASC 842 and IFRS 16) and associated accounting implications Negotiating experience, attention to detail and strong interpersonal skills required Proven financial, analytical and creative problem solving skills Demonstrated ability to understand/influence the business and build effective partnerships Excellent oral and written communication skills Proven track record of meeting deadlines in a fast-paced and dynamic environment Experience with Tririga a plus Description Description The ideal candidate will be a highly motivated and proactive problem solver with extensive management experience who can think strategically and stay connected to integral partners, while motivating and encouraging the team. We are looking for someone who possesses a high level integrity, creativity, initiative, attention to detail, accountability, communication, and interpersonal skills, with a dedication to teamwork and excellence. Responsibilities Include: • Lead Apple’s Lease Administration team, including: • Ensure 100% data integrity such that lease documents are interpreted, abstracted and entered into the system of record accurately • Ongoing verification and abstraction of lease information and appropriate updating of related information in the lease administration database • Responsible for new lease set up, including acquiring vendor payment information and contacts, insurance certificates and database updates • Responsible for organization and maintenance of physical documents for all owned, leased and prospective properties • Handle collection of tenant allowances due from landlords • Lead and administer any leases/subleases Apple has with other parties (as landlord or sub landlord) • Draft lease correspondence and notices, address and resolve landlord/tenant payment issues, and monitor leases/amendments for rent start-up, operating expense changes, changes in ownership, alteration consent, and lease terminations • Work with internal business partners to ensure alteration letters are completed and approved with landlords • Research and prepare comparative and financial analysis of real estate matters, keeping current records of all leased properties • Review and perform desktop audits of operating expense payments, reconciliations, billings and estimates. This includes comparing landlord's calculations to lease requirements/provisions • Monitor, prepare and distribute all real estate Key Date reports • Support Real Estate Management team as required • Provide lease financial obligation for company reporting purposes Education & Experience Education & Experience BA or BS or equivalent/Paralegal Certificate Additional Requirements Additional Requirements Pay & Benefits Pay & Benefits At Apple, base pay is one part of our total compensation package and is determined within a range. This provides the opportunity to progress as you grow and develop within a role. The base pay range for this role is between $175,400 and $264,100, and your base pay will depend on your skills, qualifications, experience, and location. Apple employees also have the opportunity to become an Apple shareholder through participation in Apple’s discretionary employee stock programs. Apple employees are eligible for discretionary restricted stock unit awards, and can purchase Apple stock at a discount if voluntarily participating in Apple’s Employee Stock Purchase Plan. You’ll also receive benefits including: Comprehensive medical and dental coverage, retirement benefits, a range of discounted products and free services, and for formal education related to advancing your career at Apple, reimbursement for certain educational expenses — including tuition. Additionally, this role might be eligible for discretionary bonuses or commission payments as well as relocation. Learn more about Apple Benefits. Note: Apple benefit, compensation and employee stock programs are subject to eligibility requirements and other terms of the applicable plan or program.