Lease Administration Analyst

Location

Bradenton, FL | United States

Job description

Overview

The Lease Administration Analyst will be responsible for interpreting and analyzing information for leases, amendments, assignments, and other legal documents. The ideal candidate has the demonstrated ability to read and interpret a commercial lease and to focus on analysis of monthly financial statements. This includes the reconciling of general ledger accounts and the evaluation of all monetary aspects of the Lease, including base rent, taxes, insurance, Common Area Maintenance and utilities. 

The essential functions in this are not all-inclusive of this position’s duties and responsibilities.  Reliable and dependable attendance is required.

• Audit and reconcile Landlord ledgers/invoices and validate we are paying in accordance with the lease agreement
• Liaise between Landlords and internal teams to rectify discrepancies due to escrow changes or unapplied / misapplied payments, utilities, etc.
• Maintain lease database system (Pro Lease) with current triple net escrows.
• Create and maintain weekly and monthly rent report for reoccurring and non-reoccurring payments, escrow adjustments, reconciliations, rent commencements, rent/escrow shortfalls, sales tax, etc.
• Prepare notice letters and calculate billing statements for lease violations such as failure to pay Tenant Improvement Allowance and delayed delivery rent credits.

• Bachelor’s degree with a concentration in Finance or Accounting preferred; high school diploma required
• 3-5 years of full-time experience in accounting in a medium to large organization; lease accounting a plus
• Strong working knowledge of GAAP
• Ability to handle multiple, concurrent assignments
• Experience within the retail, restaurant, or similar industry that includes multiple locations in various states
• Advanced Microsoft Excel skills required
• Public Accounting experience preferred

First Watch is an award-winning Daytime Dining concept serving made-to-order breakfast, brunch and lunch using fresh ingredients across its network of neighborhood restaurants. A recipient of hundreds of local "Best Breakfast" and "Best Brunch" accolades, First Watch's chef-driven menu includes elevated executions of classic favorites along with specialties such as the Quinoa Power Bowl®, Farm Stand Breakfast Tacos, Avocado Toast, Chickichanga, Morning Meditation (juiced in-house daily), Spiked Lavender Lemonade and its signature Million Dollar Bacon. In 2023, First Watch was recognized as the top restaurant brand in Yelp’s inaugural list of the top 50 most-loved brands in the U.S. In 2023 and 2022, First Watch was named a Top 100 Most Loved Workplace® in Newsweek by the Best Practice Institute. In 2022, First Watch was awarded a sought-after MenuMasters honor by Nation's Restaurant News for its seasonal Braised Short Rib Omelet and recognized with ADP's coveted Culture at Work Award. There are more than 520 First Watch restaurants in 29 states, and the restaurant concept is majority owned by Advent International, one of the world’s largest private equity firms. For more information, visit .

First Watch is an equal opportunity employer.  In compliance with the Americans with Disabilities Act, First Watch will provide reasonable accommodations to qualified individuals with disabilities and encourages both prospective and current employees to discuss potential accommodations with the employer.

Job tags

Salary