Lease Auditor

Welcome to Ross Stores, Inc., where our differences make us stronger… At Ross and dd’s, inclusion is a way of life. We care about our Associates and the communities we serve and we value their differences. We are committed to building diverse teams and an inclusive culture. We respect and celebrate the diversity of backgrounds, identities, and ideas of those who work and shop with us. Come join us as we continue our diversity, equality and inclusion journey!

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 $64,500 - $91,850. 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 that the lease co-tenancy requirements have been met. Calculate and pay substitute Rent if a co-tenancy violation exists.

• Analyze and review Landlord related billings such as CAM reconciliations, Real Estate Taxes, Insurances, etc. and perform desktop audits of these billings as necessary. Maintain a thorough knowledge of the Lease provisions. Negotiate with landlords to resolve any conflicts related to rent, CAM, insurance, taxes, etc.

• Act as primary contact between Ross and its Landlords regarding all matters concerning CAM, Real Estate Taxes and Insurance, maintain good working relationships.

• Review and respond to estoppel and waiver requests.

• Review Capital Expenditure Requests (CER) to determine if notice to the Landlord is required prior to performing such work.

• 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:

This role requires regular in-office presence, including attending in-person team interaction, meetings and collaboration, client support, mentoring, coaching, and/or feedback. However, this role can perform duties effectively using a combination of in-office and remote work. #LI-Hybrid

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.