Lease Accounting Associate

Lease Accounting Associate

Summary: CRG is launching a search for a HYBRID Lease Accounting Associate with a Fortune 500 company in Chesapeake, VA! The Lease Accounting Associate is responsible for reconciliations, rent for their assigned locations, and managing state inboxes for landlord queries and other messages. This opportunity will allow for you to get your foot in the door at a large corporate office that offers great growth potential with endless opportunities!

Opportunity: Contract-to-Hire
Pay: $22.00/hour
Location: Chesapeake, VA
Schedule:

• Hybrid after training – 2 days a week remote, 3 days on-site
• 100% on-site during training (first 2-3 months)

Responsibilities:

• Review payment schedules 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.
• 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 charges’ accuracy, along with any cap requirements and first year variances as per lease requirements.
• Perform analysis of landlord statements, disputing incorrect charges or unauthorized increases to operating expenses.
• Review, research, and resolve past due account balance reconciliations / default notices.
• Perform complex financial and rent analytics, as well as historical audits.
• Maintain database of assigned portfolio of stores to effectively monitor workflow and track individual savings.
• Complete due diligence for preparation of tenant estoppels.
• Proactively resolve landlord disputes and critical issues through effective collaboration with Landlords, the Manager of Lease Accounting, and the Legal Department/Legal Counsel.
• Review lease documents to determine percentage rent obligations and update real estate financial systems accordingly.
• Validate all key lease information for new and relocated store openings.

Qualifications:

• Accounting OR Property Management background
• Accounting or Business degree preferred
• Strong account reconciliation experience

Benefits:

• All W2 Employees who work an average of 30+ hours per week at CRG are offered the following benefits options!
• Medical, Vision, Dental, Life Insurance, and Long- & Short-Term Disability insurance is offered after 90 days of employment with CRG!
• We also offer a Flexible Spending Account (FSA) along with a Health Savings Account (HSA) with our medical plan. CRG matches the first $500 of the HSA contributions.
• CRG offers a 401K plan, with open enrollment quarterly (January, April, July, and October) after working at CRG for 90 days.
• CRG matches 100% of the first 3% of employee contributions to the 401K plan, plus 50% for the next 2% of contributions!

Category Code: JN001
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CRG is a provider of Executive & Professional Search, Direct Hire & Contract Staffing, and Outsource IT Solutions. We have a team of 500 operating out of 7 Offices in the U.S. & Latin America. Established in 1994, we have completed over 3,000 Searches, 10,000 Contract Placements, and 100 Outsource IT Engagements. www.getCRG.com