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Director of Lease Audit

Director of Lease Audit

City of New YorkNew York, NY, US
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Director Of Lease Audit

Financial Services is seeking to hire a Director of Lease Audit who can conduct audits of rent payments made by City agencies to private landlords pursuant to lease agreements containing operating cost and real estate tax escalation clauses. This position will also require conducting lease audits for lease agreements with private entities occupying City-owned property to verify the accuracy and propriety of rental payments made to the City. The candidate will also be responsible for performing other various compliance related tasks as needed, including assisting with the preparation of the annual Comptroller's Office Directive One submission pertinent to Real Estate Services' responsibilities, and will also actively participate in the conduct of reconciliations, surveys, reviews or special projects as needed by Real Estate Services.

Responsibilities Include :

  • Directing a team of auditors providing accurate and timely lease audit reports. Provide guidance and support to other auditors on audit methodologies and techniques.
  • Manage a staff that conducts audits of variable rent payments made by City agencies to private landlords pursuant to lease agreements containing operating cost and real estate tax escalation clauses.
  • Conduct audits of lease agreements with private entities of City-owned property to verify the accuracy and propriety of rental payments made to the City.
  • Review and abstract leases to identify audit criteria.
  • Perform analyses of landlord and tenant financial records to verify the accuracy of data and information.
  • Develop and complete audit plans including the drafting of letters and reports that reflect audits activities and findings.
  • Stay-up to-date with changes in generally accepted auditing standards and generally accepted accounting principles.
  • Assist in the preparation of DCAS Real Estate Services' Comptroller's Directive One submission; and
  • Participate in the conduct of surveys and other research activities for audits, reviews or special projects as needed.
  • Generate various reports pertaining to audit findings and recoveries.

Additional responsibilities include : performing analyses of landlord and tenant financial records to verify the accuracy of data and information, developing and completing audit plans including the drafting of letters and reports that reflect audits activities and findings, assisting in the preparation of DCAS Real Estate Services' Comptroller's Directive One submission; and participating in the conduct of surveys and other research activities for audits, reviews or special projects as needed.

The City of New York is an inclusive equal opportunity employer committed to recruiting and retaining a diverse workforce and providing a work environment that is free from discrimination and harassment based upon any legally protected status or protected characteristic, including but not limited to an individual's sex, race, color, ethnicity, national origin, age, religion, disability, sexual orientation, veteran status, gender identity, or pregnancy.

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Director Audit • New York, NY, US

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