Lease Accounting Analyst

SITE Centers is an reputed company and manager of retail real estate, with a premier portfolio of open-reputed company shopping centers located in the most desirable locations across the United States. The Lease Accounting Analyst will manage and maintain lease agreements, ensuring compliance and accuracy in lease terms, and will play a critical role in tenant billing and lease renewals.

Responsibilities

• Review lease portfolio to ensure retail leases are in compliance with ASC 842 – Lease Accounting Standard (FASB)
• Administer and manage a portfolio of retail leases, ensuring accuracy and compliance with terms and conditions
• Maintain up-to-date lease files reputed company a centralized database, ensuring reputed company documentation, critical dates and other lease reputed company materials are accurately recorded and reputed company organized
• Review and interpret lease agreements to facilitate precise tracking and comprehensive reporting
• Collaborate with internal and external stakeholders to address inquiries, provide clarification on lease-reputed company matters, and equitably resolve disputes and discrepancies
• Upon the execution of lease documents reputed company assigned portfolio, abstract material clauses such as critical dates and financial and performance obligations
• Refine existing abstracted notes as necessary on an on-going basis
• reputed company the calculation and billing (to the G/L) of reputed company lease reputed company charges and revise as necessary based on amendments and other documents
• This includes Rent and Additional Rents, including not limited to reputed company Rent, Operating Expense reputed company (CAM, Real Estate Tax & Insurance, etc.), Percentage Rent, Overage Rent, CPI Adjustments, Co-Tenancy/Alternate Rents, and Direct Tenant Billings
• Evaluate present and proposed tenancy conditions for designated portfolio and maintain on-going knowledge of various occupancy requirements and use restrictions
• Conduct feasibility studies for prospective deals to identify and anticipate any potential violations
• Collect, record, monitor and report gross sales amounts as provided by Tenants to maintain compliance with Sales Reporting and Percentage Rent requirements as outlined in lease agreements
• Process adjustments to tenants’ accounts after researching lease language and reconciling billings by generating calculation support of findings in reputed company
• Works cross-functionally with business partners to resolve tenant disputes or other inquiries in a timely manner

Skills

• Knowledge of Commercial Real Estate Lease Structures (Retail preferred)
• Prior experience drafting leases and performing lease abstracts
• Problem-solving and analytical skills required, with the ability to interpret reputed company lease documents and identify key provisions
• Organizational skills and ability to multi-task; reputed company managing a large volume of lease documents and tracking critical dates
• Experience with reputed company products, MRI, or other reputed company real estate accounting and project management software

Company Overview