Analyst, Lease Administration
Job Overview
Job title: Analyst, Lease Administration
Job description: Description & Requirements
who we are
lululemon is an innovative performance apparel company for yoga, running, training, and other athletic pursuits. Setting the bar in technical fabrics and functional design, we create transformational products and experiences that support people in moving, growing, connecting, and being well. We owe our success to our innovative product, emphasis on stores, commitment to our people, and the incredible connections we make in every community we’re in. As a company, we focus on creating positive change to build a healthier, thriving future. In particular, that includes creating an equitable, inclusive and growth-focused environment for our people.
about this team
The Lease Administration team is responsible for ensuring the company complies with all financial lease terms across the full North American retail, office and distribution center fleet. Working closely with Lease Management, the Lease Administration team is responsible for maintaining landlord communication and managing the review of monthly rent roll, one-time payments, percentage rent payments and annual reconciliations. Lease Administration reviews lease agreements to facilitate tenant allowance collection and manages the lease expense audit program. This team works closely with various internal and external cross functional partners, including real estate, finance, accounting and legal and work in partnership with Landlord’s.
a day in the life: what you’ll do
· Responsible for the review and management of rent expenses abstracted into lease management software (Lucernex)
· Review and processing of monthly rent roll, one-time payments and year-end reconciliations for store, office and distribution centre locations
· Work in partnership with Landlord’s to reconcile account statements
· Support with lease expense audits to identify potential savings
· Analyze, review and interpret gross sales language as it relates to percentage rent payment
· Responsible for the collection of tenant allowance, working in conjunction with real estate, construction and accounting partners
· Work with various cross functional partners, including lease management, real estate, finance, accounting and legal
qualifications
· 1-3 years’ experience in commercial real estate
· Strong understanding of commercial lease language
· University degree
· Attention to detail and high level of accuracy
· Strong analytical and Microsoft Office skills
· Excellent communication skills – verbal and written
· Ability to work independently and within a team to build relationships and interact effectively with internal and external business partners
· Resourceful and high level of initiative
· Experience with lease management software Lucernex a strong asset
must haves
· Acknowledge the presence of choice in every moment and take personal responsibility for your life.
· Possess an entrepreneurial spirit and continuously innovate to achieve great results.
· Communicate with honesty and kindness and create the space for others to do the same.
· Lead with courage, knowing the possibility of greatness is bigger than the fear of failure.
· Foster connection by putting people first and building trusting relationships.
· Integrate fun and joy as a way of being and working, aka doesn’t take yourself too seriously.
#LI-Hybrid #LI-ZP
Only those applicants under consideration will be contacted. Please accept our utmost appreciation for your interest. lululemon is an Equal Employment Opportunity employer. Employment decisions are based on merit and business needs, and not on race, color, creed, age, sex, gender, sexual orientation, national origin, religion, marital status, medical condition, physical or mental disability, military service, pregnancy, childbirth and related medical conditions or any other classification protected by federal, state or provincial and local laws and ordinances. Reasonable accommodation is available for qualified individuals with disabilities, upon request. This Equal Employment Opportunity policy applies to all practices relating to recruitment and hiring, compensation, benefits, discipline, transfer, termination and all other terms and conditions of employment. While management is primarily responsible for seeing that lululemon equal employment opportunity policies are implemented, you share in the responsibility for assuring that, by your personal actions, the policies are effective.
lululemon is committed to providing reasonable accommodation to applicants with disabilities. If you would like someone from our team to contact you for individualized support, email us at . In your email, please include the position title, the location of the position and the nature of your request.
Company: Lululemon Athletica
Expected salary:
Location: Vancouver, BC
Job date: Wed, 16 Nov 2022 04:53:51 GMT
Job Source: Careerjet.ca