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Dollar Tree Lease Accounting Supervisor in Chesapeake, Virginia

Summary of Position (Job Purpose) - Major purpose and functions of the position.

Oversee, review, and approve lease-related financial transactions such as rent, taxes, common area maintenance (“CAM”), insurance and other property operating expenses for a team of associates through effective interpretation and application of lease language, audit of expenses, and validation of payments.

Principal Duties and Responsibilities - Primary responsibilities listed in order of importance

  • Supervise the day-to-day operations of the Lease Accounting department to ensure quality control and development for a team of approximately 8 team members.

  • Review the work of the Lease Accounting Associates for completeness and accuracy, and provide direction, feedback, and additional training as needed.

  • Communicate billing discrepancies and resolve landlord disputes through effective collaboration with Landlords, Manager of Lease Accounting, and VP - Corporate Counsel.

  • Create New Store Opening packets for Lease Accounting Manager review.

  • Conduct all new associate training to include CAM, tax, and insurance reconciliations, as well as other ancillary duties as assigned.

  • Process credit requests received from third party auditors and prepare the data for approval and processing into the subledger.

  • Perform monthly rent adjustments arising from various financial transactions (Tenant Allowance, co-tenancy violations, alternate rent arrangements, etc.).

  • Initialize, process, and maintain all changes to financial systems in regards to monthly financials, vendor information, gross sales reporting, and percentage rent requirements per the lease for all stores in assigned portfolio.

  • Assist the team with accounting accruals related to CAM, tax, and insurance as well as percentage rent.

  • Review, resolve and/or maintain various reports and tasks (payment errors, unclaimed property, rent changes, sales letters, manual rent holds and other ad hoc requests).

  • Review percentage rent calculations for accuracy, and generate payments as required by the Lease.

  • Create payment vouchers as needed for time sensitive matters.

Minimum Requirements/Qualifications - Summary of knowledge, experience and education required.

  • At least 2 years of Lease Accounting or related accounting experience

  • Previous experience in a leadership role

  • Excellent communication skills to include oral and written

  • Ability to work well with others as well as independently

  • Proficiency with Microsoft Office, especially Excel

  • Organized and able to multi-task

  • Strong attention to detail

Desired Qualifications - Desired but not required.

  • Lease Administration or Lease Accounting software application experience (Tango Analytics, Accruent, etc.)

  • Lawson software application

  • Some college course work completed

  • Prior experience in lease audit, lease administration, or other real estate related field

Dollar Tree and Family Dollar are Equal Opportunity employers.

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