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Sr. Rent Specialist

Signet Jewelers – Akron, OH

Employee Contract Type

This position is responsible for ensuring that all financial obligations provided for under the Lease Agreement are delivered timely and accurately for assigned portfolio of accounts. Maintains accuracy of master data including tax information for 1099 reporting, abstracts lease documents and enters financial clauses in the rent system. Performs appropriate account reconciliation for new leases, amendments, and terminations. Perform s reconciliation and validation of year-end adjustment charges and delivers sales reporting to landlord.

Major Responsibilities/Essential Functions:

Interprets lease language and abstracts financial clauses including base rent steps, percentage rent breakpoint and sales year for input into the lease system. Processes lease amendments, termination agreements and co-tenancy provisions. Calculates percentage rent amounts for payment. Review s year -end adjustments charges for items such as Common Area Maintenance ( CAM ) and Real Estate Taxes and compares them to lease language, audit right provisions, tenant roster and landlord support. Maintains vendor master data with special consideration for changes in mall ownership that impacts tax reporting on form W-9. Ensures timely delivery of rent payments and monthly sales and annual certified sales as provided for under the lease. This position works to key metrics and critical dates to ensure timely and accurate deliverables as well as, contribution to department savings goal s through recapture and cost avoidance.

Assists with special projects/initiatives as needed. These types of projects would commonly encompass supporting incremental and/or time-sensitive lease initiatives.

Position Qualifications:

  • High School Diploma or equivalent
  • 1-2 years relevant experience in rent or AP roles
  • Strong organizational ability
  • Ability to effectively navigate competing priorities to meet deadlines
  • Basic understanding of lease language and components of a lease contract with the ability to identify key financial term s/ clauses for abstraction
  • Applies a strong attention to detail and accuracy to assigned tasks
  • Effective communicator both verbal and written
  • Is approachable and service focused
  • Establishes positive working relationships across the organization
  • Knowledge of PC software including the use of email and beginner to intermediate Excel and Word functions
  • Familiar with the use of office equipment including multi -function copiers and high-capacity scanners
  • Fundamental knowledge of SOX and relevant financial terminology
  • Relevant knowledge of AP and Master Data functions of an ERP system such as SAP, Oracle, Lawson as well as proficiency utilizing a leasing system such as Accruent LA-8, Retail Lease or SAP

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