Lease Financials Supervisor

Company: O'Reilly Auto Parts
Location: Springfield
Posted on: November 20, 2020

Job Description:

The Lease Financial Supervisor is responsible for: (i) supervision of the Lease Audit team; (ii) compliance with all aspects of lease financials including accounts receivable and billing for subtenants, landlord reimbursements, payment of rent and taxes, CAM charges, insurance and taxes, and audit and reconciliation of CAM charges; (iii) compliance with internal and external audit requirements; (iv) tracking, reporting and analysis of all financial obligations pertaining to leases and subleases.Essential Job Functions

• Responsible for the supervision, staffing, discipline, evaluation and goal-setting for the Lease Financials team.
• Supervise the Lease Audit team in the review, negotiation and successful resolve lease payment audit claims, including related landlord disputes.
• Provide guidance on lease interpretation and ensure compliance with lease terms.
• Assure the timely entry and accuracy of CAM, tax, and insurance payments in accordance with the lease obligations.
• Responsible for ensuring that all lease payment obligations are paid correctly and timely per the lease including: validating and exporting the payment of monthly rents and daily expenses on all leased properties, maintaining current rent vendors, validating sales tax increases, tracking and calculating rent increases, running percent rent calculations, and providing sales information to landlords as required by lease terms, and reviewing check requests before submittal to Manager or Director.
• Supervise the processing of subtenant rent invoices, reimbursements and subtenant CAM reconciliations, monitor the Accounts Receivable aging report for subtenants who are in lease default for delinquency and provide documentation to management for further action.
• Collaborate with Internal Audit and Finance Departments to comply with internal and external audit requirements.Skills and Qualifications
  • Bachelors Degree in Business and/or equivalent work experience.
  • Four or more years of leadership experience, accounting, office organization, or customer service.
  • Communicate effectively and confidently in both written and verbal form.
  • Must possess exceptional organizational skills and be able to prioritize tasks for self and team to meet deadlines
  • Ability to research, track and follow-up on issues without direction
  • Analytical and problem solving skills. BenefitsAll full time team members are eligible for a benefits package that is designed to offer convenience and security to our team members and their families. Programs, resources and benefit eligibility varies based on employment status, average hours worked, location and length of service. For detailed benefits info, please click here.

Keywords: O'Reilly Auto Parts, Springfield , Lease Financials Supervisor, Professions , Springfield, Missouri