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Lease Accounting Associate
Lease Accounting AssociateVirginia Staffing • Chesapeake, VA, US
Lease Accounting Associate

Lease Accounting Associate

Virginia Staffing • Chesapeake, VA, US
[job_card.30_days_ago]
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  • [job_card.full_time]
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Lease Accounting Associate

Your strong analytical skills, attention to detail, and ability to thrive in a high-volume environment make you a great fit for our Lease Accounting Associate position. Join our dynamic team today and find a rewarding career with a company that values you and all you bring to the table.

About Your Role

As a Lease Accounting Associate at Dollar Tree's corporate office, you'll support the financial management of a portfolio of more than 650 store leases by reviewing, validating, and processing lease-related financial transactions. You'll collaborate with landlords and internal partners to ensure accuracy, resolve discrepancies, and protect Dollar Tree from overpayment risk. Your day-to-day duties include, but are not limited to, the following :

  • 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.
  • Responsible for reviewing payment schedules of more than $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.

Your Required Skills and Experience

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

Preferred Requirements

Experience in Real Estate or Lease / Contract Management desired. 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.

Your Perks and Benefits

We offer a wide variety of rewards to support your health, wealth, and mental well-being. In addition to medical, pharmacy, dental, and vision insurance, we offer : Employee Assistance Program, Retirement plans with matching contribution, Employee Stock Purchase Program, Educational Assistance, Access to PerkSpot, an employee discount platform for goods and services, and much more!

Who We Are

At Dollar Tree, we make a difference in the lives of our customers every day by exceeding their expectations and delivering value it's what our business is built on. Our associates play an important role in this commitment by embracing change and showing up for their teams and their communities. We see an exciting path forward as our company continues to grow and transform and we know that this path starts with you. Join our team today and discover The Value of You. Dollar Tree is an Equal Opportunity Employer committed to complying with the Americans with Disabilities Act (ADA) and providing reasonable accommodations to qualified individuals with disabilities.

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