Coordinator II Real Estate Operations Hybrid

Coordinator II Real Estate Operations Hybrid

Retail Business Services | Carlisle, PA, 17013, US
Salary Range:$31,000 – $45,000 Salary range estimated by Zippia

Posted 25 days ago

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Description

Retail Business Services, ranked No. 25 on Fast Company’s 2022 100 Best Workplaces for Innovators, is the services company of leading grocery retail group Ahold Delhaize USA, currently providing services to five omnichannel grocery brands, including Food Lion, Giant Food, The GIANT Company, Hannaford and Stop & Shop. Retail Business Services leverages the scale of the local brands to drive synergies and provides industry-leading expertise, insights and analytics to local brands to support their strategies. We are committed to diversity, equity and inclusion and we foster a community of belonging where everyone is valued. For more information, visit https://www.retailbusinessservices.com.

Position Summary:

This position is responsible for the Lease Administration and financial reporting for over 500 locations and $40-50M in expense each period ($500 million -$600 million Annually). 

Primary Duties:

  • Oversee assigned portfolio for various billing inquiries and invoices.

  • Perform audit of CAM reconciliations provided by landlords to ensure appropriate expenses are recorded and paid in accordance with legal documents.

  • Maintain comprehensive notes and data regarding billings including negotiations with landlords, requests from Leasing & Asset Mgmt., legal department, default notices, audit compliance and reporting requirements. 
  • Research and resolve inquiries from landlords and Brand real estate related to rent, CAM and other billings.
  • Calculate and pay percentage rent payments for each location as required.
  • Ensure Lease administration system is appropriately updated for escrow changes.
  • Assist in calculation of pro rata payments for M&A activities
  • Additional job duties may be assigned as needed to meet the needs of the business and support our Values.
  • Provide guidance to other team members (coordinator 1 team members)
  • Qualifications:

  • Ability to read and interpret legal documents (leases/default notices/other)

  • Accounting acumen and strong Analytical and problem-solving skills

  • Position requires knowledge of excel and Microsoft office as well as ability to navigate through access databases
  • Must be detail oriented
  • Ability to prioritize and balance large workload to meet deadlines
  • Strong verbal and written communication skills
  • Bachelor’s Degree or related experience in Lease Administration
  • 5 years’ experience
  • Preferred Qualifications:

  • Lease Administration experience
  • Retail Business Services is an equal opportunity employer. We comply with all applicable federal, state and local laws. Qualified applicants are considered without regard to sex, race, color, ancestry, national origin, citizenship status, religion, age, marital status (including civil unions), military service, veteran status, pregnancy (including childbirth and related medical conditions), genetic information, sexual orientation, gender identity, legally recognized disability, domestic violence victim status or any other characteristic protected by law. We provide reasonable accommodations to applicants and employees with disabilities. As important as what we do is how we do it. Our team embodies our values of Courage, Care, Teamwork, Integrity and Humor in everything that they do. We have a culture of care that values and celebrates the qualities and perspectives that make us all unique.

    If you have a disability and require assistance in the application process, please contact our Talent Acquisition Department at tad@retailbusinessservices.com.