Need help hiring top legal talent? Contact our team.
This job is expired. See open roles here
Company logo

Lease Administrator

Posted Jan 16
Full Time
Charlotte, North Carolina

Position Description: Rack Room Shoes is seeking a team-oriented, well rounded Lease Administrator to join our in-house legal team. Applicants for this role should demonstrate a comprehensive understanding of retail lease management, financial acumen, negotiation skills, and the ability to collaborate with various departments within the organization. As a Lease Administrator, you will have experience (preferably in a retail environment) with the following Key Responsibilities:

Lease Review and Interpretation:

  • Experience in reviewing and interpreting retail lease language, including provisions such as Common Area Maintenance, Gross Sales, Percentage Rent, Co-Tenancy, and Exclusive clauses.

Financial Management:

  • Reconciling monthly and annual landlord statements/invoices.
  • Processing rental invoices on a monthly basis.

Reporting:

  • Preparing gross sales and percent rent reports.
  • Reconciling and reporting on lease accounting adjustments with landlords and provide internal updates.

Dispute Resolution:

  • Resolving and negotiating successful financial/accounting disputes and lease-driven issues with landlords and third parties.

Legal Department Support:

  • Developing and maintaining legal department matter trackers (e.g., default notices, construction/tenant allowances).
  • Balancing support for the other Legal Department functions.

Relationship Building:

  • Building positive, team-oriented relationships with other corporate functions such as Store Development, Store Operations, Finance, and Marketing.

Professionalism and Ethics:

  • Demonstrating a high level of confidence, professionalism, and adherence to ethical standards and confidentiality.

Legal Operations Support:

  • Providing legal department operations support to the Chief Legal Officer and in-house counsel as needed.
  • Legal operations and matter tracking skills.

Qualifications and Skills:

  • Three plus years’ experience as a retail Lease Administrator with specific expertise with the listed Key Responsibilities.
  • Solid knowledge of lease financial management, accounting practices and reconciliation skills.
  • Excellent ability to interpret lease language.
  • Proficient computer skills, and full working knowledge of Excel.
  • Sound, amicable communication skills.
  • Ability to multi-task in a fast-paced environment.
  • Ability to defend position with confidence to a landlord.
  • Lease database experience.
  • Strong understanding of retail lease language.
  • Negotiation skills for dispute resolution.
  • Relationship-building skills with various corporate functions.

Work Environment: Currently hybrid office environment; minimum of 3 days in the corporate office in Charlotte, NC office.

The above statements are intended to describe the general nature and level of work being performed by individuals assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties, and skills requires of the position. All employees may have other duties assigned at any time.

Similar Opportunities