Now Hiring - TF Cornerstone - Lease Administration and Collections Coordinator in New York, NY

Full description of the position

Position Summary TF Cornerstone is seeking a Lease Administration and Collections Coordinator to support the commercial leasing team across a portfolio of retail and industrial properties in New York. This role is responsible for managing the full lease administration process, ensuring accurate billing, and overseeing collections activity. The Coordinator will also assist with other assets in the TFC Commercial portfolio as needed and provide coverage within the department during team absences. Responsibilities may shift based on business needs. Key Responsibilities Lease Administration * Abstract leases and amendments, enter data into MRI, and confirm charges such as rent, escalations, utilities, and deposits * Submit new lease packages to Accounting and coordinate lease commencements and terminations * Maintain and update tenant accounts in the Tenant Portal and assist with account access * Track and report retail and parking tenant gross sales on a monthly basis * Conduct regular lease audits and verify billing accuracy * Process monthly billbacks, credits, and recurring charges * Support annual budgeting by reviewing lease terms and confirming billing alignment * Maintain internal tracking for critical dates, notice provisions, and guarantor obligations * Review tenant improvement reimbursements and manage purchase orders in Nexus * Prepare estoppels, SNDAs, and other lease-related documents as needed * Coordinate with internal teams to resolve lease-related issues and maintain compliance Collections * Monitor tenant accounts and follow up on outstanding balances * Reconcile ledgers and apply payments, credits, and late fees per lease terms * Prepare and distribute bi-weekly delinquency reports; review status with the Retail team * Investigate billing disputes and communicate directly with tenants * Draft default letters and prepare liability summaries for tenants and guarantors * Coordinate move-out reconciliations and security deposit returns * Support collections for additional asset classes when needed Qualifications * Bachelor's degree in Real Estate, Finance, or a related field * Strong attention to detail and excellent organizational skills * Ability to manage multiple priorities and meet deadlines * Effective communication and customer service skills * Analytical mindset with strong problem-solving ability * Proficient in Microsoft Word, Excel (pivot tables, lookups), and Adobe Acrobat * Experience with MRI and Nexus is a plus Compensation The anticipated annual base salary range for this position is *$80,000 - $85,000 *per annum, commensurate with experience and qualifications.