Job Opportunity: Lease Officer position available at COMMERCIAL NOMINEES PLC in Addis Ababa. Business and Administration jobs in Ethiopia are in high demand. Apply now through GeezJobs - Ethiopia's leading job portal.

Job Title:                 Lease Officer

Reports to:              Manager Asset Management

Location:                 Head Office 

1. Job Summary:

   The Lease Officer is responsible for managing and administering lease agreements for residential, commercial, or industrial properties. This role involves overseeing lease negotiations, renewals, and terminations, ensuring compliance with legal requirements and company policies. The Lease Officer will work closely with tenants, property managers, and external stakeholders to ensure all lease-related matters are handled effectively and efficiently.

2. Specific Duties and Responsibilities:

1. Prepare, review, and manage lease agreements, ensuring they comply with company policies, legal regulations, and industry standards.

   1. Oversee the lease renewal process, ensuring timely renewals and addressing tenant queries or requests regarding lease terms.

   2. Maintain accurate records of lease terms, rental payments, and tenant obligations, and update lease files as needed.

   3. Negotiate lease terms with prospective tenants, ensuring mutually beneficial agreements that align with company policies and objectives.

   4. Liaise with tenants and landlords during lease negotiations, providing clear explanations of terms, conditions, and obligations.

   5. Assess the market conditions and recommend appropriate lease adjustments based on demand and property performance.

   6. Serve as the primary point of contact for tenants regarding lease inquiries, ensuring a high level of tenant satisfaction.

   7. Address and resolve tenant issues or concerns related to lease terms, rental payments, and property conditions.

   8. Communicate lease terms and conditions clearly to tenants and provide regular updates on lease status or renewals.

   9. Ensure that all lease agreements, amendments, and renewals are legally compliant and correctly documented.

   10. Ensure proper execution of lease agreements and maintain accurate records in both physical and electronic formats.

   11. Stay updated on property laws, regulations, and legal trends to ensure leases remain compliant with local laws and industry standards.

   12. Assist in rent collection by monitoring payment schedules, tracking overdue payments, and following up with tenants on any outstanding balances.

   13. Prepare and maintain accurate records of rent payments, security deposits, and other financial transactions related to leasing.

   14. Work with the finance department to ensure that leasing-related financial matters (e.g., invoicing, late fees) are processed correctly.

   15. Conduct market research to ensure competitive and attractive leasing terms based on current market conditions.

   16. Recommend lease adjustments based on market trends, tenant feedback, and property performance.

   17. Monitor occupancy rates and vacancy trends, working with property management teams to optimize leasing strategies.

   18. Coordinate with the property management team to schedule property inspections and ensure that leased properties are well-maintained and in good condition.

   19. Conduct regular checks on leased properties to ensure tenants comply with lease terms regarding property maintenance and upkeep.

   20. Prepare reports on lease activity, occupancy rates, tenant renewals, and financial status for senior management.

   21. Maintain comprehensive records of lease agreements, including amendments, renewals, and terminations.

   22. Provide administrative support to the property management team and assist with other property-related tasks as needed.

3. Minimum Requirements:

B.A Degree in Economics or Management or Accounting or other business related fields with 2 years related work experience 

How To Apply

How to Apply:-

Applicants who meet the minimum requirements mentioned above can register through either of the following methods:

In Person: Visit Commercial Nominees Head Office, 7th Floor, Human Resources Directorate, located behind Bole Denbel Shopping Center. Please bring original proof of education and work experience.

Via Email: Send your application documents to cnplcvacancy@gmail.com