Lease Analyst
at VF Corporation
Madison, WI 53707, USA -
Start Date | Expiry Date | Salary | Posted On | Experience | Skills | Telecommute | Sponsor Visa |
---|---|---|---|---|---|---|---|
Immediate | 21 Dec, 2024 | USD 62000 Annual | 25 Sep, 2024 | 1 year(s) or above | Databases,Disabilities,Sharepoint,Military,Microsoft Office,Assistive Technology,Commercial Leasing,Www,Sap,Citizenship | No | No |
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Description:
Now that you’ve found the job description, what’s next?
At VF, we strive to foster a culture of belonging based on respect, connection, openness, and authenticity. As a purpose-led, performance-driven company, we are committed to inclusion, diversity, equity, and action. So, before we get to the job details, take a minute to learn a little more about us – our values and our culture - visit VF Careers or www.vfc.com .
What will you do?
A day in the life of a Lease Analyst at VF looks a little like this.
As part of VF’s North American Lease Administration and Accounting team, this position is responsible for the financial administration of corporate retail, office, and industrial leases, and other related real estate and sublease contracts. The Lease Analyst is accountable for the review, resolution, and maintenance of VF’s rental accounts. This position will provide regular support to internal interacting teams, and external service to landlords and their agents with a focus on fostering productive, compliant relationships in support of VF’s real estate strategy and financial reporting success.
Let’s break down that day-in-the-life a bit more.
Demonstrate experience and ability to accurately interpret, analyze and effectively communicate details and contractual positions regarding key lease terms with particular focus on lease provisions affecting VF’s financial obligations.
Successfully apply financial lease terms in the administration of the following regular lease billing/payment activities:
Review of monthly recurring rental costs and fixed rental escalations in comparison to lease payment requirements;
Review and processing of one-time invoices for reimbursable costs such as CAM, Real Estate Taxes, Insurance, utilities, etc.;
Calculation of varying percentage rent obligations;
Desktop audit and processing of operating expense (CAM, real estate tax, insurance, utilities, etc.) reconciliations and appropriate dispute of billing errors and/or non-reimbursable costs.
Perform monthly review and/or preparation of rental statements with proactive actions towards resolution of account discrepancies, payment mis-applications, and billing disputes with goal of maintaining VF rental accounts in compliant standing.
Prioritize, research and resolve incoming default or other non-compliance notices while internally tracking associated actions and results with goal of protecting VF’s rights and contractual standing.
Process verified payment/credit obligations via the lease management system in accordance with designated procedures and timelines.
Actively track expense reconciliation requirements and statuses, including submission deadlines, backup requirements, review deadlines and audit opportunities.
Establish initial lease-related contacts and payment vendors in conjunction with Accounts Payable and subsequently maintain and update vendor credentials and contacts as required.
Partner with the North American Real Estate team to communicate cross-functional compliance needs, provide lease status updates as requested, complete estoppel reviews, process incoming tenant allowance payments, security deposit refunds, etc. and to field other requests as needed.
What do you need to succeed?
We all have unique skills that we bring to work and celebrate every day. For this role, there are foundation skills you’ll need to succeed and excel. Additionally, while formal education in a related field is great to have, we are most interested in your 1-3 years of experience and professional achievements.
THE FOUNDATION SKILLS YOU WILL NEED IN THIS POSITION ARE:
Bachelor’s degree preferred, or equivalent work experience in fields related to commercial leasing, contract administration, lease accounting, legal or real estate
Experience with lease management systems/databases
Excellent understanding of systems – Microsoft Office, SAP, Sharepoint
Excellent communication (verbal and written)
Strong analytical and problem-solving skills
Location requirement: While this position is fully remote, ideal candidates will reside in Wisconsin.
There are also a few skills that are not required but preferred.
Retail tenant/occupier experience
AMTDirect experience
Familiarity with ASC 842 lease accounting standard
What do we offer you?
At VF, we know you expect as much from us as we do from you. That is why we make a commitment to support and grow our people. We offer extensive development and growth opportunities for your current and future positions, a competitive compensation package, and a strong benefits package that includes medical, dental, vision, and 401(k).
Our commitment extends beyond this and into your daily work life. We strive to foster a diverse and inclusive culture based on respect, connection, and authenticity. Our focus on DEI is at the foundation of who we are and what we do.
To learn more about VF’s benefits package, follow this MyVFBenefits.com and click “Looking to Join VF”.
To learn more about VF’s Diversity and Inclusion efforts, go to www.vfc.com.
Now WE have a question for YOU.
Are you in?
LI-WM1
Hiring Range : $49,600.00 USD - $62,000.00 USD annually
Incentive Potential : This position is eligible for additional compensation awards that may include an annual incentive plan, sales incentive, or commission potential. Specific details of the additional compensation eligibility for this position will be provided during the recruiting and interview process.
Benefits at VF Corporation : You can review a general overview of each benefit program offered, including this year’s medical plan rates on www.MyVFbenefits.com and by clicking Looking to Join VF? Detailed information on your benefits will be provided during the hiring process.
P lease note, our hiring ranges are determined and built from market pay data. In determining the specific compensation for this position, we comply with all local, state, and federal laws.
At VF, we value a diverse, inclusive workforce and we provide equal employment opportunity for all applicants and employees. All qualified applicants for employment will be considered without regard to an individual’s race, color, sex, gender identity, gender expression, religion, age, national origin or ancestry, citizenship, physical or mental disability, medical condition, family care status, marital status, domestic partner status, sexual orientation, genetic information, military or veteran status, or any other basis protected by federal, state or local laws. If you are unable to submit your application because of incompatible assistive technology or a disability, please contact us at peopleservices@vfc.com . VF will reasonably accommodate qualified individuals with disabilities to the extent required by applicable law.
Pursuant to all applicable local Fair Chance Ordinance requirements, including but not limited to the San Francisco Fair Chance Ordinance, VF will consider for employment qualified applicants with arrest and conviction records
Responsibilities:
Please refer the Job description for details
REQUIREMENT SUMMARY
Min:1.0Max:3.0 year(s)
Accounting
Accounts / Finance / Tax / CS / Audit
Accounts Management
Graduate
Fields related to commercial leasing contract administration lease accounting legal or real estate
Proficient
1
Madison, WI 53707, USA