Lease Accounting Associate

JOB DESCRIPTIONTitle Lease Accounting AssociateCompany Dollar TreeLocation of Position Chesapeake, VirginiaSummary of Position (Job Purpose):Manage the financial aspects of a portfolio of approximately 650+ store leases.Oversee, review, process, and approve lease-related financial transactions suchas Rent, Real Estate Taxes, Common Area Maintenance Charges, InsurancePremiums, and other property-related operating expenses while developing andmaintaining a professional relationship with Landlords.Successful candidates must possess the ability to analyze commercial retailleases and payment information to determine compliance, identify potentialoverpayments, and the collection of amounts due to the company as an outcomeof completed audit results. The ability to work in a fast-paced environment withstrong attention to detail and organizational skills are essential.Principal Duties and Responsibilities: Responsible for reviewing payment schedules in excess of $6.5 million permonth for assigned portfolio of stores. Review and prepare invoices for recurring rent payments includingoperating charges/reconciliations, rent/CPI increases, and any otherchanges to rent amounts due to expansions, reductions and terminations. Review and interpret legal documents for assigned portfolio of stores todetermine accuracy of operating expenses. Perform desktop audits of landlord year end reconciliations to validateaccuracy in rental and ancillary charges, along with any cap requirementsand first year variances as per lease requirements. Perform analysis of landlord statements and dispute incorrect charges orunauthorized increases to operating expenses. Review, research, and resolve past due account balancereconciliations/default notices. Perform historical audits. Maintain database of assigned portfolio of stores to effectively monitorworkflow and track individual savings. Resolve landlord disputes and critical issues as they develop througheffective 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 commercialproperty 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 tochanging deadlines with a sense of urgency. Ability to work with little supervision Strong PC skills and knowledge of Microsoft Outlook, Word, and ExcelrequiredThis position requires an independent worker who takes initiative and providesaccurate, detail-oriented workExperience in Real Estate or Lease/Contract Management desired, but not arequirementFull time500 Volvo Parkway,Chesapeake,Virginia 23320AccountingDollar TreeJob SummaryJob number: R-337000Profession: Finance & AccountingType: Full time