LOCATION 1830 Route 130 North Burlington NJ US 08016 OverviewIf you want an exciting job with one of the largest off-price retail stores in the nation, join the Burlington Stores, Inc. team as an Lease Administration Payment Coordinator! Under the Supervision of the Lease Administration Payment Supervisor, the Lease Administration Payment Coordinator is responsible for assisting in all areas of responsibilities to manage the financial Burlington / Landlord / Tenant (Licensee) relationships for over 1000 retail locations from lease inception through termination. Primarily focusing to ensure that all appropriate costs are billed and collected to minimize unnecessary flow thru costs to the stores while promoting positive Landlord / Tenant relationships. A Day In The Life:Financial / Rent Compliance:
Generate, analyze and process the monthly rent roll of approximately 50 Million Dollars. Generate, analyze and process all non-recurring payments for percentage rent, real estate taxes, Cam, utilities, etc. Analyze and research all tenant invoicing including the preparation of all bills for Tenant / Licensee reimbursement
Assist in the collection of Rent & Additional Rent, including but not limited to Common Area Maintenance, Real Estate Tax, Insurance and Utilities. Validate Pro Rata Share allocations and category reimbursements. Review and prepare all Landlord invoicing for any expenses incurred by Burlington. Assist Landlord Bill back process
Prepare for review GL & accounting reports to include but limited to the monthly receivable, accrual and rent income accounts. Identify GL coding errors and work with internal partners to rectify. Maintain company vendor and GL code information in the Lease Administration software. Ensure all vendors, processed invoices and new leases comply with company policies and Sarbanes Oxley requirements.
Assist with calculating monthly co-tenancy percentage rent, the percentage accrual files, Internal and External Auditors and maintain the Master Rent Schedule through Lucernex
Administration Compliance:
Provide support to internal and external partners concerning all occupancy cost inquiries in a timely manner, establishing and maintaining a strong, professional and courteous relationship with co-workers and landlords. Support the Lease Administration Audit Team assisting with occupancy audits as necessary.
Identify, execute and/or support PIC initiatives. Maintain lease-related documents in the electronic file as well as paid files for occupancy costs. Complete special projects as needed
Assist in maintaining all Sales documentation and correspondence with Burlington’s Landlords including all necessary follow-up. Support Lease Audit Manager with third-party lease audit vendors as required in identifying additional expense / PIC savings to achieve the company’s desired financial results.
You'll Come With:
Associates degree or equivalent work experience
Ability to work effectively with little or no supervision.
Highly organized and skilled with time management.
High energy and professional attitude.
Integrity, passion and a positive work ethic.
Excellent written and oral communication skills
Good negotiation skills
Strong customer service Landlord/Tenant relation skills
Understanding of Building/Facility Operations
Work closely with principals of Burlington and the Landlord offices
Proficient in Microsoft Office specifically Word and Excel.
Experience with Lucernex preferred.
Experience with Service Channel and Oracle preferred.
Periodic / occasional travel may be required
Scope and Impact:Ensure the timely and accurate remittances of all Landlord related expenses and provide sales statements to maintain lease compliance and confirm that all reimbursable expenses are billed and collected accordingly to minimize unnecessary costs charged to the stores to maximize profitability.Come join our team. You’re going to like it here!You will enjoy a competitive wage, flexible hours, and an associate discount. Burlington’s benefits package includes medical, dental and vision coverage including life and disability insurance. Full time associates are also eligible for paid time off, paid holidays and a 401(k) plan.We are a rapidly growing brand, and provide a variety of training and development opportunities so our associates can grow with us. Our teams work hard and have fun together! Burlington associates make a difference in the lives of customers, colleagues, and the communities where we live and work every day. Burlington Stores, Inc. is an equal opportunity employer committed to workplace diversity.#LI-HYBRID#LI-ED2Posting Number 2024-225236 Location US-NJ-Burlington Address 1830 Route 130 North Zip Code 08016 Workplace Type Hybrid Position Type Regular Full-Time Career Site Category Corporate Position Category Real Estate/Store Development Evergreen Yes Min USD $20.50/Hour Mid USD $23.00/Hour
Full-time