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Lease Accounting Associate

Dollar Tree

Lease Accounting Associate

Dollar Tree

VA-Chesapeake

·

On-site

·

Full-time

·

1w ago

Required Skills

Accounting

Excel

Outlook

Word

Manage the financial aspects of a portfolio of approximately 650+ store leases. Oversee, review,
process, and approve lease-related financial transactions such as Rent, Real Estate Taxes, Common
Area Maintenance Charges, Insurance Premiums, and other property-related operating expenses while developing and maintaining a professional relationship with Landlords.

Successful candidates must possess the ability to analyze commercial retail leases and payment
information to determine compliance, identify potential overpayments, and the collection of amounts
due to the company as an outcome of completed audit results. The ability to work in a fast-paced
environment with strong attention to detail and organizational skills are essential.

Principal Duties and 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.

Minimum Requirements/Qualifications:

  • 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

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

Full time

510 Volvo Parkway,Chesapeake,Virginia 23320

Accounting

Family Dollar

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About Dollar Tree

Dollar Tree

Dollar Tree is a discount retail chain that sells merchandise at fixed price points, primarily $1.25 per item. The company operates Dollar Tree and Family Dollar store brands across the United States.

10,001+

Employees

Chesapeake

Headquarters

Reviews

3.0

5 reviews

Work Life Balance

3.0

Compensation

2.5

Culture

2.0

Career

1.5

Management

1.8

25%

Recommend to a Friend

Pros

Actively hiring with guaranteed job offers

Laid back dress code policy

Flexible scheduling options

Cons

Poor communication and no response to applications

Rejection of qualified candidates

Jobs reposted immediately after rejecting applicants

Salary Ranges

6 data points

Mid/L4

Mid/L4 · Business Analyst II

1 reports

$150,650

total / year

Base

$131,000

Stock

-

Bonus

-

$150,650

$150,650

Interview Experience

1 interviews

Difficulty

2.0

/ 5

Duration

14-28 weeks

Interview Process

1

Interview with Store Manager