Chesapeake, Virginia, USA
6 days ago
Lease Accounting Supervisor
Summary of Position (Job Purpose) - Major purpose and functions of the position.
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.

Principal Duties and Responsibilities - Primary responsibilities listed in order of importanceSupervise the day-to-day operations of the Lease Accounting department to ensure quality control and development for a team of approximately 8 team members.Review the work of the Lease Accounting Associates for completeness and accuracy, and provide direction, feedback, and additional training as needed.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.Conduct all new associate training to include CAM, tax, and insurance reconciliations, as well as other ancillary duties as assigned.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.
Minimum Requirements/Qualifications - Summary of knowledge, experience and education required.At least 2 years of Lease Accounting or related accounting experiencePrevious experience in a leadership roleExcellent communication skills to include oral and writtenAbility to work well with others as well as independentlyProficiency with Microsoft Office, especially ExcelOrganized and able to multi-taskStrong attention to detail
Desired Qualifications - Desired but not required.Lease Administration or Lease Accounting software application experience (Tango Analytics, Accruent, etc.)Lawson software applicationSome college course work completedPrior experience in lease audit, lease administration, or other real estate related field

Dollar Tree and Family Dollar are Equal Opportunity employers.
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