Senior Lease Auditor

From the day we opened our doors in 1971, MRI Software has built flexible, game-changing real estate software solutions to improve peoples lives. The only way to carry out that mission is to hire the absolute best employees on earth. People like you. Work hard, play hard. Always. Our relentless commitment to client success, our employee resource groups and our promise to empower our teams to reach their full potential are a few examples of what makes MRI Software special. And were insanely dedicated to creating a work environment that you look forward to every single day. Thats why we invest heavily in our employee engagement, so you enjoy the tech industrys best perks. Together with the whole Pride, (lion roar for "family") employees, customers, and partners, were on a mission to break new ground and lead the real estate industry into a digital-first future. We understand the need to provide a flexible working environment partnered with team collaboration and socialisation. Therefore, we operate a hybrid working model with 3 days of working from home per week. This role is based in the Cape Town office. Please note, the successful candidate will be required to work UK hours, 09:00 to 17:30, Monday to Friday, and therefore will be able to take leave on UK public holidays in place of recognised South African public holidays. Job Overview: The Senior Lease Auditor will be responsible for auditing and reconciling financial considerations related to lease agreements, ensuring compliance with lease terms for both investors (landlords perspective) and occupiers (tenants perspective). The role requires a strong understanding of commercial lease language, expense allocations, and financial analysis to support revenue assurance and savings for clients. This position will require collaboration with internal and external stakeholders, including landlords, legal teams, and third-party auditors. This role will also assist in administering all levels of Lease Administration and special projects as needed by management. Key Responsibilities Financial Audit & Reconciliation

• Audit and reconcile all financial lease considerations, including but not limited to:
  • Service charges
  • Insurance recharges
  • Base rent
  • Turnover rent
  • Utilities
  • Deposits
• Conduct detailed analysis of expenses charged, whilst building out standardised checklists and variance worksheets to assess discrepancies.
• Maintain detailed records of audits in progress, tracking status, client communications, outstanding matters, revenue leakage and cost savings.

Lease Compliance & Interpretation

• Interpret commercial lease provisions related to the landlords rights to pass through expenses to tenants, ensuring compliance with lease terms.
• Apply key lease concepts, including proportionate shares, management and administrative fees, and caps.

Dispute Resolution & Communication

• Engage with landlord representatives in a professional and sensitive manner to request supporting documentation for annual statements.
• Troubleshoot and resolve disputes through careful lease language analysis and strategic discussions.

Reporting & Stakeholder Collaboration

• Prepare and manage reports, including lease master audit savings and cost mitigation reports, for client review.
• Collaborate with third-party auditors on lease audit projects as required.

Requirements:

• Must be able to work during UK hours and South African public holidays (you will receive take UK bank holidays instead of SA bank holidays).
• Must have strong knowledge of commercial lease agreements, including lease audit procedures and financial reconciliation.
• Excellent understanding of lease expense allocations, service charges, and cost-sharing provisions.
• Experience in analysing lease documents and applying relevant lease provisions to disputes.
• Strong negotiation and dispute resolution skills with landlords and property managers.
• Proficiency in financial analysis and reporting tools.
• Excellent verbal and written communication skills.
• Ability to work independently, manage multiple audits, and meet deadlines in a fast-paced environment.
• Experience working in an international leasing environment is desirable.

Preferred Experience

• Previous experience in lease auditing, real estate finance, property management, or lease administration.
• Familiarity with UK and European property regulations and lease structures. Note - the role also extends to reviewing leases from other regions as well.
• Experience working with corporate clients and managing large property portfolios.
• Qualified accountant.

Were obsessed with making this the best job youve ever had! We want our teams to love working here, so weve created some incredible perks for you to enjoy:

• We want our staff to love working here, and so weve created a few unique perks such as office breakfasts, quarterly lunches and virtual social events. Additionally, we value your input in your employee experience and have employee-led groups such as our DEI committee, employee resource groups such as Women and Allies, and our Pride Event Group

• Have confidence in your health with our offered Medical Aid Scheme.

• Invest in our competitive Personal Pension plan and help set you up for your future.

• Big on family? So are we! Here at MRI Software we recognise that your family is important, and being able to spend quality time with your family as it grows is a wonderful experience. Therefore, the MRI Software Parental Leave benefit is designed to give you the opportunity to spend time with your new arrival(s).

• Enjoy a fantastic work-life balance with 25 days of annual leave plus public Holidays, in addition to a bank of 16 hours of "Flex Time Off" to be used whenever and however you choose!

• Further your professional development with our Tuition Reimbursement Schemes

• Enjoy the flexibility of working from anywhere in the world for two weeks out of the year!

MRI continues to strive to amaze as a global industry leader in real estate software. Whether you are joining as a new pride member or bringing your expertise back, your talent is important to maintaining MRIs high client experience standard and continuing our growth in the PropTech space. Amazing growth takes amazing employees. Are you up to the challenge? We know the confidence gap and imposter syndrome can get in the way of meeting remarkable candidates, so please dont hesitate to apply — wed love to hear from you! As a global company, we believe diversity brings benefits for our people, customers and clients. This is why MRI Software is committed to being an inclusive employer, regardless of your ethnicity, religion, sexual orientation, gender identity, disability, age, military and veteran status. Diversity, Equality and Inclusion are values that are critical to our success; come and see for yourself.

Information :

• Company : MRI Software
• Position : Senior Lease Auditor
• Location : Cape Town, Western Cape
• Country : ZA