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Family Dollar · 2 days ago

Lease Accounting Associate

Chesapeake, VA

Full-time

Onsite

Entry Level

2+ years exp

Family Dollar is seeking a Lease Accounting Associate to manage the financial aspects of a portfolio of approximately 650+ store leases. The role involves overseeing lease-related financial transactions, analyzing commercial retail leases, and ensuring compliance while maintaining professional relationships with landlords.

Retail

Responsibilities

Responsible for reviewing payment schedules in excess of $6.5 million per month for assigned portfolio of stores

Review and prepare invoices for recurring rent payments including operating charges/reconciliations, rent/CPI increases, and any other changes to rent amounts due to expansions, reductions and terminations

Review and interpret legal documents for assigned portfolio of stores to determine accuracy of operating expenses

Perform desktop audits of landlord year end reconciliations to validate accuracy in rental and ancillary charges, along with any cap requirements and first year variances as per lease requirements

Perform analysis of landlord statements and dispute incorrect charges or unauthorized increases to operating expenses

Review, research, and resolve past due account balance reconciliations/default notices

Perform historical audits

Maintain database of assigned portfolio of stores to effectively monitor workflow and track individual savings

Resolve landlord disputes and critical issues as they develop through effective collaboration with Landlords, the Manager of Lease Accounting, and the Legal Department/Legal Counsel

Assist with various projects as they arise

Handle other duties as assigned

Qualification

Commercial real estate experienceLease analysisAccounting knowledgeMicrosoft ExcelAnalytical skillsProblem solvingCommunication skillsOrganizational skillsTime managementRelationship building

Required

2 years minimum experience in commercial real estate or commercial property management

Understanding of basic accounting; mathematical aptitude

Excellent analytical, problem solving, and communication skills

Proven experience building and maintaining relationships

Strong attention to detail and advanced organizational skills

The ability to successfully manage multiple priorities

Possess strong time management skills with the ability to respond to changing deadlines with a sense of urgency

Ability to work with little supervision

Strong PC skills and knowledge of Microsoft Outlook, Word, and Excel required

This position requires an independent worker who takes initiative and provides accurate, detail-oriented work

Preferred

Experience in Real Estate or Lease/Contract Management desired, but not a requirement

Company

Family Dollar

Glassdoor2.9

When it comes to getting value for everyday items for the entire family in an easy to shop, neighborhood location, Family Dollar is the best place to go.

Founded in 1959

Charlotte, North Carolina, USA

10001+ employees