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Lease Accounting Associate

Family Dollar - Chesapeake, VA

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Job Description

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: u2022 Responsible for reviewing payment schedules in excess of $6.5 million per month for assigned portfolio of stores. u2022 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. u2022 Review and interpret legal documents for assigned portfolio of stores to determine accuracy of operating expenses. u2022 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. u2022 Perform analysis of landlord statements and dispute incorrect charges or unauthorized increases to operating expenses. u2022 Review, research, and resolve past due account balance reconciliations/default notices. u2022 Perform historical audits. u2022 Maintain database of assigned portfolio of stores to effectively monitor workflow and track individual savings. u2022 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. u2022 Assist with various projects as they arise. u2022 Handle other duties as assigned. Minimum Requirements/Qualifications: u2022 2 years minimum experience in commercial real estate or commercial property management u2022 Understanding of basic accounting; mathematical aptitude u2022 Excellent analytical, problem solving, and communication skills u2022 Proven experience building and maintaining relationships u2022 Strong attention to detail and advanced organizational skills u2022 The ability to successfully manage multiple priorities u2022 Possess strong time management skills with the ability to respond to changing deadlines with a sense of urgency. u2022 Ability to work with little supervision u2022 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

Created: 2025-12-05

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