Lease Administrator
4 weeks ago
Rack Room Shoes is seeking a highly skilled Lease Administrator to join our in-house legal team. As a key member of our team, you will be responsible for managing retail leases, financial management, and dispute resolution.
Key Responsibilities:- Reconcile monthly and annual landlord statements/invoices
- Process rental invoices on a monthly basis
- Process and audit the monthly rent roll
- Review and interpret retail lease language, including provisions such as Common Area Maintenance, Gross Sales, Percentage Rent, Co-Tenancy, and Exclusive clauses
- Prepare gross sales and percent rent reports
- Reconcile and report on lease accounting adjustments with landlords and provide internal updates
- Resolve and negotiate successful financial/accounting disputes and lease-driven issues with landlords and third parties
- Develop and maintain legal department matter trackers (e.g., default notices, construction/tenant allowances)
- Build positive, team-oriented relationships with other corporate functions such as Store Development, Store Operations, Finance, and Marketing
- Five (5) plus years' experience as a retail Lease Administrator with specific expertise with the listed skill sets
- Solid knowledge of lease financial management, accounting practices and reconciliation skills
- Excellent ability to interpret lease language
- Proficient computer skills, and full working knowledge of Excel
- Sound, amicable communication skills
- Ability to multi-task in a fast-paced environment
- Ability to defend position with confidence to a landlord
Currently hybrid office environment; 4 days in the corporate office in Charlotte, NC
Rack Room Shoes provides equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, sex (including pregnancy, sexual orientation and gender identity), national origin, marital status, disability, genetic information, age, military service, or any other characteristic that is protected by applicable law.
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