Lead Lease Accounting Associate

Lease Accounting Specialist

Oversee, review and approve lease-related financial transactions such as rent, taxes, common area maintenance ("CAM"), insurance and other property operating expenses for a team of associates through effective interpretation and application of lease language, audit of expenses, and validation of payments.

Perform desktop audits and reconciliations of landlord operating expenses to ensure accuracy and compliance with the lease agreement through effective review and interpretation of legal documents for assigned portfolio.

Review the work of the Lease Accounting Associates for completeness and accuracy, and provide direction, feedback, and additional training as needed.

Conduct all new associate training to include CAM, tax, and insurance reconciliations, as well as other ancillary duties as assigned.

Communicate billing discrepancies and resolve landlord disputes through effective collaboration with Landlords, Manager of Lease Accounting, and VP - Corporate Counsel.

Create New Store Opening packets for Lease Accounting Manager review.

Process credit requests received from third party auditors and prepare the data for approval and processing into the subledger.

Perform monthly rent adjustments arising from various financial transactions (Tenant Allowance, co-tenancy violations, alternate rent arrangements, etc.).

Initialize, process, and maintain all changes to financial systems in regards to monthly financials, vendor information, gross sales reporting, and percentage rent requirements per the lease for all stores in assigned portfolio.

Assist the team with accounting accruals related to CAM, tax, and insurance as well as percentage rent.

Review, resolve and / or maintain various reports and tasks (payment errors, unclaimed property, rent changes, sales letters, manual rent holds and other ad hoc requests).

Review percentage rent calculations for accuracy, and generate payments as required by the Lease.

Create payment vouchers as needed for time sensitive matters.

At least 3 years of Lease Accounting or related accounting experience.

Excellent communication skills to include oral and written.

Ability to work well with others as well as independently.

Proficiency with Microsoft Office, especially Excel.

Organized and able to multi-task.

Strong attention to detail.

Lease Administration or Lease Accounting software application experience (Tango Analytics, Accruent, etc.) is desired.

Lawson software application experience is desired.

Some college course work completed is desired.

Prior experience in lease audit, lease administration, or other real estate related field is desired.

Location : 510 Volvo Parkway, Chesapeake, Virginia 23320