Lease Accountant

Location

Business

Headquartered in Chicago, IL, GGP is a leading retail real estate company with a portfolio of 95+ high-performing retail assets, encompassing over 95 million square feet of space across the United States. As an owner-operator, we’re committed to creating vibrant destinations that bring people and brands together. With a team of 1,200+ employees and a legacy of leadership in retail real estate, we’re shaping the future of the industry by delivering exceptional value to our partners and the communities we serve

If you’re ready to be a part of our team, we encourage you to apply.

Job Description

Position Summary

The Lease Accountant/Analyst is responsible for mastering all phases of analysis, administration, and processing of all lease data and charges, including data verification, analysis and preparation of all billings, such as monthly recurring charges, real estate tax and percentage rent. Lease data is used by all areas of the company.  As such, it is extremely important that the data be accurate and updated on a timely basis. This person will gain a working knowledge of how JDE set-up impacts company-wide reporting and will comply with corporate and departmental policies and procedures. 

Responsibilities

• Complete all legal documents based on department guidelines, including abstraction, review, interpretation, input, and analysis of the information

• Reconcile, bill and analyze current and prior annual tenant real estate tax obligations in accordance with specific lease requirements

• Complete tenant billing recoveries for common area maintenance and utilities

• Process overage rent, including review of non-standard setup and completion of monthly billing

• Maintain all tracking schedules

• Work in conjunction with other departments to resolve tenant disputes and inquiries in a timely manner, including finance, legal, and accounting

• Prepare analysis of financial impacts related to co-tenancy inquiries

• Identify and escalate problematic lease language that is financially detrimental or difficult to efficiently administer

• Participate in due diligence for potential acquisitions

• Special projects as required

Qualifications          

• High School diploma or GED required

• Bachelor's Degree in Business Administration, Accounting or Finance preferred

• 2 years of commercial real estate experience preferred

• Naturally driven to meet expected deadlines

• Detail oriented

• Understanding of basic accounting and business principles

• Knowledge of Excel and personal computer software

• Good written and oral communication skills

Compensation

Salary type: Exempt 

Pay Frequency: Bi-weekly

Annual Base Salary Range: $60,000- $75,000

Annual Bonus: 10%

Benefit Information

• Competitive compensation
• Medical, Dental and Vision beginning day 1
• 401(k) Company matching
• 401(k) Vests on Day 1
• Career development programs
• Charitable donation matching
• Generous paid time off (i.e., vacation, personal holidays, paid sick time)
• Paid Volunteer Hours
• Paid Parental Leave
• Family planning assistance including IVF, surrogacy, and adoption options
• Wellness and mental health resources
• Pet insurance offering
• Childcare Assistance
• Commuter benefits
• A culture on our values of Act with Integrity, Build Mutual Trust, Take Initiative and Win Together.

#GGP