Senior Real Estate Accountant

Profile

This position is responsible for supporting the store environment through oversight of reimbursement of Common Area Maintenance expenses to Landlord’s. This position is expected to identify charges not in compliance with Lease agreements and resolve billing inaccuracies to reduce operating expenses.

ACCOUNTABILITIES


PROVIDE REPORTING
Compile financial or operational information - prepare and summarize data, comparing actual or expected results to prior period or plan
Ensure accuracy and reconciliation of information prior to communication
CONDUCT ANALYSIS and PROVIDE RECOMMENDATIONS
Leverage data and business experience to make informed recommendations that drive operational efficiencies and customer experience
Function as the subject matter expert for processes, data and business partners


ADDENDUMS


FACILITIES
Forecast the Landlord CAM Expense and recalculate and adjust current year budget accrual to reflect the most recent costs reported by landlords.
Reconcile liability account by isolating receivables / payables on a store by store and year by year basis.
Analyze CAM reconciliations to ensure the billings comply with the lease
Identify CAM overcharges and settle disputes with Landlord’s on reconciliations
Defend Kohl's position and negotiate claims to resolution
Support external consultants in auditing of Landlord reconciliations
Utilize legal agreements to enforce provisions obligating Landlords to maintain and / or replace assets using their capital dollars.
Draft notices and default letters that cite the lease language that's been breached.
Track and publish landlord contact data on a store by store basis.


QUALIFICATIONS


REQUIRED
Bachelor's Degree in applicable area:
Finance: Finance, Statistics, Accounting or other relevant degree
Operations: Operations, Statistics, Accounting or other relevant degree
Reporting: Finance, Statistics, IT or other relevant degree
Facilities: Finance, Statistics, Accounting or other relevant degree
1-3 years experience in operational or financial analysis, budgeting, forecasting or reporting
Strong analytical, planning and organization skills
Advanced decision-making, leadership or communication skills
Strong knowledge of Excel/PC spreadsheet functionality
PREFERRED
Advanced degrees a plus (CPA, MBA, etc)
Retail experience or retail operations business acumen

Company info

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