Location
Hingham, MA | United States
Job description
Job Number 20958
Hingham, Massachusetts US
Full Time
Talbots is a leading omni-channel specialty retailer of women's clothing, shoes and accessories. Established in 1947, the company is known for modern classic style that's both timeless and timely, fine quality craftsmanship and gracious service. At Talbots relationships are the key to our business, we hire individuals who bring new ideas to the table, understand smart risk taking and can enhance an already thriving culture. With a commitment to offer modern classic style for every body type, through a full range of sizes, inclusive to every woman in your life.
The primary responsibility of this position is to audit, analyze and administer the company’s financial obligations in compliance with all lease provisions for Talbots’ benefit for approximately 500 retail store locations and office leases. The position interfaces with Talbots’ Landlords as well as with the following internal Talbots’ Departments – Legal, Store Administration, General Accounting, Accounts Payable, Insurance, and Maintenance Department systems.
What We Offer:
- Growth! Here at Talbots our goal is to give you the tools to grow beyond this position and into the next.
- Condensed Work Week! If we have no work obligations, our Life-Work balance approach allows for us to start our weekend at 1pm on Fridays.
- Complete Benefit Package! Our benefits kick off the first day of the month after your start date! Discover more about our full benefits package here. We have competitive time off, including paid time to volunteer within the community.
- Merchandise Discounts! 50% off Talbots and our Haven Well Within brand as well as local business discounts (where applicable)!
What You'll Do:
- Responsible for an assigned territory of stores to ensure that all of the company’s lease related payments are made in compliance with lease terms and Company Policy, including the following:
- Review and analyze Rent, Common Area Maintenance, Real Estate Tax and miscellaneous occupancy invoices and review lease language to challenge and resolve Landlord invoicing.
- Research and analyze Landlord/Tenant accounts for past due variances. Resolve discrepancies with Landlords.
- Review Landlord invoices requesting monthly escrow or fixed rent increases to ensure charges are in compliance with lease terms and company procedures.
- Make recommendations for potential Audit candidates as issues or concerns are discovered.
- Perform desktop audits of Common Area Maintenance, Real Estate Tax and miscellaneous occupancy invoices with a focus on controlling and reducing Store Occupancy costs.
- On an annual basis, responsible for the initial review and analysis of the Landlord lease-related
- occupancy budget (Base Rent, Common Area Maintenance, Real Estate Taxes, Insurance,
- Utilities, Merchant Dues, and Sprinkler) for all leased properties (stores, offices and sub-tenants).
- Authorize, as needed (in the absence of the Manager, Lease Administration), all monthly
- recurring and weekly miscellaneous lease related payments through the Accounts Payable Interface.
- Assist internal departments and the field organization with Lease interpretation dealing with Landlord repair issues and Common Area Maintenance responsibilities.
Who You'll Work With:
Internal
- Real Estate & Legal, Store Planning & Design, Construction & Store Maintenance, Store Administration, Accounts Payable, General Accounting and Advertising.
External
- Landlords and Landlords’ Representatives
Who You Are:
- Knowledge and experience at a level normally acquired through the completion of four years college with a degree in business, accounting or related field and a minimum of 3-5 years of related work experience in the Lease Administration field preferably with a large retail chain.
- Extensive knowledge in interpreting commercial retail leases.
- Proven experience and success in performing desk-top audits with a demonstrated ability of cost savings.
- Computer skills to include a strong background in maintaining a Lease Administration software system, Microsoft Word, Excel, Outlook, and Internet Explorer.
- Excellent written and communication skills required for interfacing with various internal departments and external contacts.
- Ability to work independently in fast paced environment and on several projects concurrently as well as possess good organizational, writing, oral, analytical and record keeping skills.
- Property Management and Energy Management experience a plus.
Talbots is an equal opportunity employer and welcomes applications from diverse candidates. Hiring decisions are based upon a candidate's qualifications as they relate to the requirements of the position under consideration and are made without regard to race, sex, national origin, color, age, disability, veteran status, pregnancy, sexual orientation, religion, or any other category protected by applicable law. Talbots is committed to providing reasonable accommodations for job applicants with disabilities. If you require an accommodation to perform the essential duties of the position you are seeking or to participate in the application process please contact [email protected]. Talbots will make reasonable accommodations for otherwise qualified applicants or employees, unless such accommodations would impose an undue hardship on the operations of the Company’s business.
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