Real Estate Lease Administrator

Thousands of us around the world wake up every day with a common purpose: to make the world a safer, more secure and sustainable place. Science is in our DNA; we are endlessly curious and passionate about seeking and speaking the truth. We take delight in knowing that our work makes a meaningful contribution to society, and we are proud that our culture is centered on integrity, collaboration, inclusion and excellence. UL stands at the forefront of technological advancement, and we are continually challenged to find new ways to foster innovation and positive change. Satisfying? Yes. Exciting? Absolutely!

This role is hybrid based out of our Northbrook, IL office

Reporting to the Director Real Estate Projects, the Real Estate Specialist manages all aspects of the global real estate property database, including process and content coordination with third party provider of lease administration systems and related services. Acts as primary department contact for UL finance/accounting with respect to real estate lease accounting data integration. Will also provide ongoing project support to global real estate program and operations managers throughout the real estate transaction management process.

JOB RESPONSIBILITIES:

• Assists global real estate program and operations managers in all aspects of project development and implementation as needed.
• Oversees real estate and lease document management process (form development, completion, collection, etc.). Creates and maintains lease files ensuring they contain current, accurate information.
• Responsible for tracking key milestone project dates and communicating required information to all internal and external partners. Ensures quality and timeliness of real estate transaction information entered into all databases.
• Prepares and distributes periodic and ad hoc reports in a timely, accurate manner. Designs reports utilizing various report writers, Excel, Word, and/or Access. Reviews standard reports prepared by team members for accuracy.
• Coordinates with third party contractor and internal accounts payable to ensure accuracy and completeness of monthly rent management process (payables and receivables associated with leases in portfolio).
• Works closely with internal and external lease administration, project management, facility management, and finance/accounting teams to ensure proper process integration.
• Ensures key transaction documentation and close out materials are maintained for future reference.
• Ensures proper distribution of lease documentation to designated internal and external parties.
• Maintains and updates global real estate internal website.
• Support M&A due diligence and integration activities.
• Performing other duties as assigned.

#LI-hybrid

• Bachelor’s degree in Business, Accounting or Finance
• 3+ years of experience in lease administration, real estate transaction management, accounting, or property management
• Advanced proficiency in Microsoft Office (Word, Excel, PowerPoint, and Outlook) and SharePoint, with the capability to master company specific accounting and database programs
• Knowledge of principles, policies and practices relating to commercial real estate transaction
• Excellent customer service skills with ability to work with all levels of the organization
• Excellent organizational skills with ability to manage multiple projects
• Possess solid analytical skills with ability to understand and interpret data
• Strong verbal and written communications skills
• Ability to work independently or as member of a team within a diverse, collaborative, and driven professional environment with an ability to work in a dynamic, global team environment
• Ability to stick to task until project is completed successfully
• Effective at networking and collaboration, with ability to work effectively with cross functional teams

• Mission: For UL, corporate and social responsibility isn’t new. Making the world a safer, more secure and sustainable place has been our business model for the last 125 years and is deeply engrained in everything we do.
• People: Ask any UL employee what they love most about working here, and you’ll almost always hear, “the people.” Going beyond what is possible is the standard at UL. We’re able to deliver the best because we employ the best.
• Interesting work: Every day is different for us here as we eagerly anticipate the next innovation that our customers’ create. We’re inspired to take on the challenge that will transform how people live, work and play. And as a global company, in many roles, you will get international experience working with colleagues around the world.
• Grow & achieve: We learn, work and grow together with targeted development, reward and recognition programs as well as our very own UL University that offers extensive training programs for employees at all stages, including a technical training track for applicable roles.
• Total Rewards: All employees at UL are eligible for bonus compensation. UL offers a generous 401k matching structure of up to 5% of eligible pay. Additionally, we invest an additional 4% into your retirement saving fund after your first year of continuous employment. We provide Healthcare Reimbursement Accounts and Health Savings Accounts that UL contributes to twice per year! Depending on your role, you can work with your manager on flexible working arrangements. We also provide employees with paid time off including vacation, holiday, sick and volunteer time off.

Working at UL is an exciting journey that twists and turns daily. We thrive in the twists and revel in the turns. This is our every day. This is our normal.

Curious? To learn more about us and the work we do, visit UL.com