Lease Accounting Administrator III - Palm Beach Gardens, FL
Hybrid - US
Lease Accounting Administrator III - Palm Beach Gardens, FL
Full Time • Hybrid - US
Replies within 24 hours
Description
This role involves knowledge of rent calculation, breakpoints, annual reconciliations and requires decision-making and Landlord and Subtenant negotiation skills. This role is a collaborative cross-functional position working relationships with Real Estate Development, Real Estate Accounting, Finance, Asset Management, Legal, Facilities Maintenance, Construction, and other external departmental stakeholders, as well as landlords, subtenants, franchisees, third party legal teams and third-party contractors.
TBC’s portfolio consists of approximately 3500 (real estate and equipment) active leases and inactive leases.
Job Responsibilities
- Regularly update all lease records in TANGO (Lease Administration System) to ensure accuracy and currency of dates and financial data
- Monitor Lease Records and critical lease details to manage lease information effectively and prevent any overcharges
- Provide comprehensive support for the integration of new locations into the lease system
- Collaborate with landlords and subtenants to resolve any issues related to rent discrepancies, unpaid or late rent, and default notices etc.
- Review and sanction adjustments related to real estate taxes and insurance bills for landlord reimbursements
- Ensure the timely and accurate processing of real estate taxes, including audits and payments to authorities, while securing all available discounts
- Handle both recurring monthly and one-time payments, ensuring they are processed on time and accurately
- Conduct annual audits of operating expenses to manage and control occupancy costs effectively
Additional Job Responsibilities
- Analyze lease agreements to ascertain Rent Commencement Dates, rent amounts, and property expiration dates based on lease contingencies
- Work with the Legal and Real Estate Development teams, and Landlords and Subtenants to facilitate the processing and signing of legal documents, as well as responding to legal notices
- Dispute Resolution: Manage disputes with landlords and subtenants concerning rent and other lease-related obligations
- Reporting and Researching: Generate and disseminate reports to various internal business partners as required
- Collect and track all insurance info needed for new and ongoing locations
- Collaborate with Real Estate Development, Real Estate Accounting, and other departmental stakeholders, as well as landlords, subtenants, and third party legal/contractor
- Other duties as assigned
Qualifications
- Associate degree or higher is required
- B.S. Paralegal and Notary preferred
- 5-7 years of experience in commercial real estate lease administration
- Expertise in understanding and interpreting retail lease language
- Ability to proactively identify issues and propose and/or initiate solutions
- Proficient in Microsoft Excel
- TANGO Experience preferred
- SAP Experience preferred
- Possess the technical aptitude to use various Lease Administration systems and software
- Possess excellent analytical, quantitative, written, and verbal communication skills
- Be able to work independently with attention to detail, documentation, and follow-through
- Be highly organized, detail oriented with a professional demeanor and strong interpersonal skills
- Bilingual in Spanish /English is a plus
Benefits
- Market competitive compensation
- 401(k) and Roth with company match. Immediate 100% vesting
- Comprehensive benefits including medical, dental and vision
- Company paid short term disability and employer subsidized long term disability
- Company paid life insurance
- Discounted tire purchasing
- Tuition reimbursement
- Employee assistance program
- Generous paid vacation and paid time off
- Customizable voluntary benefits
- and More!!!
Mission Critical Competencies
TBC seeks team members who excel in demonstrating our critical competencies to drive organizational capability. In this spirit we view the following as mission critical for this role:
- Strategic Mindset: seeing ahead to future possibilities and translating them into breakthrough strategies.
- Action Oriented: Taking on new opportunities and tough challenges with a sense of urgency, high energy, and enthusiasm.
- Cultivates Innovation: Creating new and better ways for the organization to be successful.
- Collaborates: Building partnerships and working collaboratively with others to meet shared objectives
- Customer Focus: Building strong customer relationships and delivering customer-centric solutions.
- Develops Talent: Developing people to meet both their career goals and the organization's goals.
- Ensures Accountability: Holding self and others accountable to meet commitments.
- Drives Engagement: Creating a climate where people are motivated to do their best to help the organization achieve its objectives.
- Communicates Effectively: Developing and delivering multi-mode communications that convey a clear understanding of the unique needs of different audiences.
- Instills Trust: Gaining the confidence and trust of others through honesty, integrity, and authenticity.
- Change Management: effective Sponsorship, Change Agent and influencing skills. Adaptive, agile, flexible, open minded. Proven ability to build cross-functional commitment, lead, simplify and scale complex dynamic organizations through transformational change.
#joinourteam #LI-DNI #RealEstate #Lease #LeaseAdmin #TANGO #TBC #Accounting
Company Overview
With $5 billion in revenue and 3,800+ employees in the U.S., Mexico and Canada, TBC Corporation is a leader in the mobility industry and one of North America’s largest marketers of automotive replacement tires through wholesale and franchise operations. TBC serves wholesale customers in the United States, Canada and Mexico through TBC Brands, NTW, TBC International, and TBC de Mexico. Additionally, TBC responds to the needs of consumers in search of total car care at more than 2,000 franchised tire and automotive service centers under the Big O Tires® and Midas®. TBC is headquartered in Palm Beach Gardens, Florida.
TBC markets on a wholesale basis to regional tire chains and distributors serving independent tire dealers throughout the US, Canada, and Mexico. TBC has 20 proprietary brands of tires specializing in passenger, commercial, farm and specialty tires. In 2005, TBC Corp. was purchased by Sumitomo Corporation of America (SCOA). SCOA is the largest subsidiary of Sumitomo Corporation, one of Japan’s major integrated trading and investment business enterprises. In 2018 Michelin, the largest tire manufacturer in Europe, invested in the company which is now a 50:50, privately held joint venture between Sumitomo and Michelin.
Company Overview
With $5 billion in revenue and 3,800+ employees in the U.S., Mexico and Canada, TBC Corporation is a leader in the mobility industry and one of North America’s largest marketers of automotive replacement tires through wholesale and franchise operations. TBC serves wholesale customers in the United States, Canada and Mexico through TBC Brands, NTW, TBC International, and TBC de Mexico. Additionally, TBC responds to the needs of consumers in search of total car care at more than 2,000 franchised tire and automotive service centers under the Big O Tires® and Midas®. TBC is headquartered in Palm Beach Gardens, Florida.
TBC markets on a wholesale basis to regional tire chains and distributors serving independent tire dealers throughout the US, Canada, and Mexico. TBC has 20 proprietary brands of tires specializing in passenger, commercial, farm and specialty tires. In 2005, TBC Corp. was purchased by Sumitomo Corporation of America (SCOA). SCOA is the largest subsidiary of Sumitomo Corporation, one of Japan’s major integrated trading and investment business enterprises. In 2018 Michelin, the largest tire manufacturer in Europe, invested in the company which is now a 50:50, privately held joint venture between Sumitomo and Michelin.
Flexible work from home options available.
Compensation: $50,000.00 - $58,000.00 per year
With $5 billion in revenue and 3,800+ employees in the U.S., Mexico and Canada, TBC Corporation is a leader in the mobility industry and one of North America’s largest marketers of automotive replacement tires through wholesale and franchise operations. TBC serves wholesale customers in the United States, Canada and Mexico through TBC Brands, NTW, TBC International, and TBC de Mexico. Additionally, TBC responds to the needs of consumers in search of total car care at more than 2,000 franchised tire and automotive service centers under the Big O Tires® and Midas®. TBC is headquartered in Palm Beach Gardens, Florida.
TBC markets on a wholesale basis to regional tire chains and distributors serving independent tire dealers throughout the US, Canada, and Mexico. TBC has 20 proprietary brands of tires specializing in passenger, commercial, farm and specialty tires. In 2005, TBC Corp. was purchased by Sumitomo Corporation of America (SCOA). SCOA is the largest subsidiary of Sumitomo Corporation, one of Japan’s major integrated trading and investment business enterprises. In 2018 Michelin, the largest tire manufacturer in Europe, invested in the company which is now a 50:50, privately held joint venture between Sumitomo and Michelin.
(if you already have a resume on Indeed)