Retail Commercial Lease Administration
Company: Aaron's
Location: Kennesaw
Posted on: November 22, 2021
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Job Description:
We are Aaron's - an industry leader in the sales and
lease-to-own retail industry known for quality brand names and
superior customer service. We provide our team members the
opportunity to reach their full potential in a team-oriented,
high-energy, recognition-based environment with competitive pay and
benefits. This is much more than a job - it is a career with
purpose.
Summary:
This role is responsible for the lease administration of Aaron's
corporate real estate portfolio including but not limited to common
area maintenance, real estate tax and property insurance
reconciliations, and reimbursements. Collecting, reviewing and
inputting lease data into Aaron's corporate real estate lease
administration and project management tool (Lucernex), and
assisting landlords, property managers and subtenants with issues
they need to resolve.
Duties and Responsibilities:
--- Process real estate agreements (Leases, Amendments, Estoppels,
Assignments, etc.) pertaining to Aaron's corporate properties
including interpreting, summarizing and abstracting lease points
into the
database and setting up real estate accounting expenses for
automatic payments.
--- Responsible for (sub)tenant lease abstraction, billbacks,
monthly statements and collection activities.
--- Review direct bill and periodic reconciliation statements
related to common area maintenance, real estate taxes, and property
insurance within a territory.
--- Process and reviews escrow adjustment notices from landlord.
Including auditing the adjustments, corresponding with landlord or
property manager on under/over payments, update the database and
setting up
real estate accounting expenses for automatic payments.
--- Managing and curing Tenant default notices, including working
with other departments to remedy the default (i.e. Facilities).
--- Process requests for Certificates of Insurance and work with
Risk Management to ensure compliance within Lease terms.
--- Process Landlord changes related to transfer of ownership and
address updates, including ACH requests.
--- Process gross sales requests from Landlords.
--- Responsible for managing security deposits and move-outs for
Aaron's corporate and subtenant locations.
--- Responsible for escalating and reconciling bill backs to
Landlords for maintenance repair items.
--- Responsible for requesting, collecting and reconciling Tenant
Improvement allowances.
--- Candidates must have a minimum of 3 year's experience in the
commercial real estate industry, accounting or property management
fields. Residential experience is not an equivalent to required
minimum commercial experience.
Education and Experience:
--- Bachelor's degree in business, accounting, real estate,
finance, or similar field preferred.
--- Real Estate license is not required.
--- Excellent lease interpretation, analytical, research,
communication, organizational and time-management skills.
--- Proactive team player who can work well in a fast-paced,
time-sensitive environment.
--- Sound business judgment and ability to deal with ambiguity.
--- Accurate and proficient data entry abilities.
--- Proficiency in computer information systems and an intuitive
understanding of Microsoft Excel.
--- Proficiency in real estate database applications such as
Lucernex.
--- Proven superior analytical skills and strong attention to
detail.
Total Rewards
Team members enjoy access to career training and advancement
opportunities, and are rewarded with competitive compensation and a
comprehensive benefits package, which includes:
About Aaron's
At Aaron's we offer sales and lease-to-ownership of specialty items
including furniture, consumer electronics, home appliances, and
accessories throughout the United States and Canada. Our customers
shop at Aaron's for the same reason you should choose us for the
next step in your career - our ability to positively influence
people's lives. If you are looking for a company with the passion
and dedication to make a difference in the lives of customers and
team members alike, join us today.
Aaron's is committed to creating a diverse and inclusive work
environment, celebrates our team members' differences, and is proud
to be an equal opportunity employer. All qualified applicants will
receive consideration for employment without regard to race, color,
pregnancy, religion, sex, sexual orientation, gender identity,
national origin, age, disability, veteran status, military duty,
gender expression, genetic information, or any other protected
class. Candidates who require accommodation during the recruitment
process should contact .
Aaron's is an Equal Opportunity Employer
Other details
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Keywords: Aaron's, Atlanta , Retail Commercial Lease Administration, Hospitality & Tourism , Kennesaw, Georgia
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