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Lease Auditor, Property Management
Our values start with our people, join a team that values you!
Bring your talents to Ross, our leading off-price retail chain with over 2,200 stores, and a strong track record of success and growth. Our focus has always been bringing our customers a constant stream of high-quality brands and on-trend merchandise at extraordinary savings. All while providing a fun and exciting treasure hunt experience.
As part of our team, you will experience:
- Success. Our winning team pursues excellence while learning and evolving
- Career growth. We develop industry leading talent because Ross grows when our people grow
- Teamwork. We work together to solve the hard problems and find the right solution
- Our commitment to Diversity, Equality & Inclusion, and our community. We celebrate the backgrounds, identities, and ideas of those who work and shop with us because our differences make us stronger. We strive to be a positive force in our community.
Our Corporate headquarters are in Dublin, CA, we have 3 buying offices in key markets in New York City, Los Angeles, and Boston, and 8 distribution centers nationwide. With 2023 revenues of $20.4 billion, we are a Fortune 500 company who is committed to providing an inclusive work environment with continuous learning opportunities and development for our teams.
GENERAL PURPOSE:To accurately and timely enforce all lease provisions of assigned region/area between Ross and its Landlords including but not limited to reviewing lease clauses and reports for cotenancy, reviewing and paying CAM reconciliations, Real Estate Taxes and Insurance. Furthermore, to assist the Property Manager with special projects, while assisting the department to meet its annual goals. Some travel maybe required.
The base salary range for this role is $60,000 - $97,450. The base salary range is dependent on factors including, but not limited to, experience, skills, qualifications, relevant education, certifications, seniority, and location. The range listed is just one component of the total compensation package for employees. Other rewards vary by position and location.
ESSENTIAL FUNCTIONS:
• Review Landlord co-tenancy reports to determine if lease requirements have been met. Draft and send claim letters. Calculate and pay Substitute Rent if a co-tenancy violation exists.
• Analyze Landlord CAM, Real Estate Tax, and Insurance reconciliations. Perform desktop audits. Maintain a thorough knowledge of the Lease provisions. Negotiate with Landlords to resolve any conflicts.
• Tie out Landlord receivable balances by isolating overcharges, audit claims, misapplied checks, and unpaid charges.
• Contribute to the development and implementation of the proprietary lease audit/administration software (PD Sitelink) enhancements. Lead user acceptance testing process.
• Act as primary contact between Ross and its Landlords regarding all matters concerning CAM, Real Estate Taxes, and Insurance. Maintain good working relationships.
• Review, respond to, and leverage estoppel/waiver requests.
• Review Capital Expenditure Requests (CER) to determine if notice to the Landlord is required prior to performing work.
• Review Landlord default allegations. Prepare draft responses and executive summaries itemizing the issues along with the pros and cons of each party's position for internal review.
• Other projects as assigned.
COMPETENCIES:
People
• Collaboration
Self
• Leading by Example
• Communicates Effectively
• Ensures Accountability and Execution
• Manages Conflict
Business
• Business Acumen
• Plans, Aligns and Prioritizes
• Organizational Agility
QUALIFICATIONS AND SPECIAL SKILLS REQUIRED:
• BA degree or equivalent Property Management experience (3 years) in a retail environment.
• Must have an ability to understand legal terminology and interpret Lease clauses; and an ability to verbally discuss issues with Landlord agents.
• Property accounting experience preferred
• Must have excellent verbal and written skills.
• Must have excellent organizational skills and be detailed oriented.
• Must be multi-task oriented self-starter
• Strong PC skills a plus
PHYSICAL REQUIREMENTS/ADA:
Job requires ability to work in an office environment, primarily on a computer.
Requires sitting, standing, walking, hearing, talking on the telephone, attending in-person meetings, typing, and working with paper/files, etc.
Consistent timeliness and regular attendance.
Vision requirements: Ability to see information in print and/or electronically.
This position may be performed remotely anywhere within the United States. #LI-Remote
SUPERVISORY RESPONSIBILITIES:
None
DISCLAIMER:
This job description is a summary of the primary duties and responsibilities of the job and position. It is not intended to be a comprehensive or all-inclusive listing of duties and responsibilities. Contents are subject to change at management's discretion.
Ross is an equal employment opportunity employer. We consider individuals for employment or promotion according to their skills, abilities and experience. We believe that it is an essential part of the Company's overall commitment to attract, hire and develop a strong, talented and diverse workforce. Ross is committed to complying with all applicable laws prohibiting discrimination based on race, color, religious creed, age, national origin, ancestry, physical, mental or developmental disability, sex (which includes pregnancy, childbirth, breastfeeding and medical conditions related to pregnancy, childbirth or breastfeeding), veteran status, military status, marital or registered domestic partnership status, medical condition (including cancer or genetic characteristics), genetic information, gender, gender identity, gender expression, sexual orientation, as well as any other category protected by federal, state or local laws.
