Lease Administration Specialist - Full-time / Part-time

Overview

If you want an exciting job with one of the largest off-price retailers in the nation, join the Burlington Stores, Inc. team as a Lease Administration Specialist! Do you oversee the collection of all Tenant TI Reimbursements? Do you analyze and prepare all Landlord invoicing for any expenses incurred?

Are you a person with High energy and a professional attitude? Are you a detail-oriented multitasker with excellent written and oral communication skills? If so, this may be the right opportunity for you!

As a Lease Administration Specialist, under the Supervision of the Lease Administration Manger, you will assist in all areas of responsibilities to manage the Burlington / Tenant (Licensee) relationship for over 600 retail locations from lease inception through termination. Primarily focusing to insure all appropriate costs are billed and collected to minimize unnecessary flow thru costs to the stores while promoting positive Tenant relationships.

Responsibilities:

Tenant Administration

Interpret, administer and enforce lease covenants and provisions to all Tenant Lease Agreements and ensure their complete compliance including keeping management apprised of lease terms and renewal dates.

Interpret, administer and enforce Licensee Department Agreements and ensure their full compliance

Oversee the collection of Rent & Additional Rent, including but not limited to Common Area

Maintenance, Real Estate Tax, Insurance, Utility, etc. and Analyze and research all tenant invoicing including the preparation of all bills for Tenant / Licensee reimbursement

Work with the Legal Department to resolve Tenant / Landlord disputes / defaults as necessary and to resolve Tenant / Landlord Insurance claims as required.

Property Management Compliance

Assist and maintain strong Tenant / Landlord relations while assuring Burlington’s standards are met evidenced with all Tenant correspondence

Address Tenant inquiries and service requests while coordinating and resolving maintenance disputes/repairs between Tenant, Burlington and Over-Landlord.

Coordinate tenant issues with Facilities, Construction, Legal, Energy Management etc. as necessary while recording all Tenant facilities issues via Service Channel.

Maintain all tenant/licensee insurance certificate compliance and assist Real Estate Department as necessary including providing brokers with information to recruit new tenants. Daily prioritizing of all issues and action plans

Financial Compliance

Prepare and reconcile GL & accounting reports / Analyze monthly GL 1205 account for any errors in coding and report to GL to re class to correct accounts

Prepare, maintain and distribute financial reporting such as Rent Income summary, Tenant Pro Rata Share allocations and category reimbursements and Tenant Term/Possession/RCD

Prepare projected income schedule and department vendor maintenance in accordance with SOX compliance along with Special Projects as required

Candidates must have Bachelors Degree or equivalent work experience. Knowledge of Service Channel and Oracle preferred.

If you…

…are excited to deliver great values to customers every day;

…take a sense of pride and ownership in helping drive positive results for a team;

…are committed to treating colleagues and customers with respect;

…believe in the power of diversity and inclusion;

…want to participate in initiatives that positively impact the world around you;

Come join our team. You’re going to like it here!

You will enjoy a competitive wage and comprehensive benefit package including a generous paid time off plan, a company matched 401(k) and an associate discount. We are a rapidly growing brand, and provide a variety of professional development opportunities so our associates can grow with us. We work hard and have fun together! Burlington associates make a difference in the lives of customers, colleagues, and the communities where we live and work every day. Burlington Stores, Inc. is an equal opportunity employer committed to workplace diversity.

Posting Number 2018-83269

Location US-NJ-Burlington

Address 1830 Route 130 North

Zip Code 08016

Position Type Regular Full-Time

Career Site Category Corporate

Position Category Real Estate/Store Development

Evergreen Yes