Lease Analyst

About Us

Fitness International, LLC is a leading, fast-paced health club company that owns and operates over 700 household brand name club locations throughout the U.S. and Canada, including LA Fitness and Club Studio. Our mission is to help as many people as possible achieve the benefits of a healthy lifestyle. To fulfill this mission, we have created this network of health clubs, where we offer our members the widest range of amenities and the friendliest service at an affordable price. If you join us, it’s an opportunity to grow along with us and close to 30,000 other employees of the largest privately held health club chain in the world.

Job Title: Lease Analyst

Location: Satellite Corporate Office - Irving, TX (Fully Onsite, not remote or hybrid)

Primary Duties Include:

· Review Landlord-requested increases to common area maintenance, insurance, or real estate tax escrows (budget changes) and either approve or challenge such changes based on the Lease provisions while maximizing Lease compliance and controlling future occupancy costs.

· Abstract operating expense lease language, define the tenant's accurate share of responsibility towards expenses, calculating and verifying GLA of the center, pro-rata share % and first year cap calculations where applicable.

· Perform desktop reviews on year-end reconciliation statements received from Landlords for occupancy expenses including CAM, insurance, real estate taxes, HVAC charges and utilities; request reconciliations from landlords when not sent as required by lease. Verify that the occupancy expenses charged by the Landlord complies with the terms of the lease.

· Match Landlord payments against internal accounts payables to ensure all amounts paid are accurately reflected on the annual reconciliation for CAM, insurance, and real estate taxes.

· Use effective communication and negotiating techniques with Landlord representatives to collect overcharges and remedy incorrect or excessive billings.

· Manage year-end reconciliation activity and inventory of open reconciliations.

· Provide information and reporting to relevant parties (Legal, Real Estate, Finance), including tracking savings.

· Set up new clubs for payment in a timely manner; verifying monthly impounds to lease language.

· Assist with various month end reports as requested and perform any additional responsibilities as requested.

Qualifications

· Bachelor’s degree in Accounting, Finance, Business or Real Estate, or equivalent knowledge and work experience. Audit experience is a plus.

· 3 years’ experience in lease accounting focusing on CAM and real estate tax reconciliations and lease review, including examining year-end common area expenses provided by landlords to validate compliance against the Lease.

· Experience with accounting for multi-unit retail locations.

· Understanding of commercial real estate lease provisions, preferably relating to operating expenses and landlord’s billing statements.

· Excellent verbal and written communication skills.

· Strong Excel skills and proficient in Word and other software and database applications.

· Must be very organized and have the ability to prioritize your workload, self-motivated and energetic.

· Have the tenacity to go the distance and the willingness to uphold the Company's position to ensure Lease compliance.

Join our team, expand your HR experience, and help us deliver the best possible experience for our members and employees!

Benefits include:

· Dental insurance

· Complimentary gym membership

· Health insurance

· Life insurance, LTD, and AD&D coverage

· Vacation and Sick Time Off

· Vision insurance

Pay: $65,000-$80,000 depending on experience and education

Apply Today!

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, disability status, or any other protected basis or characteristic. The above position description is intended to describe the general content, identify the essential functions of, and requirement for the performance of this position. It is not to be construed as an exhaustive statement of duties, responsibilities or requirements.

Qualified applicants with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance For Employers, San Francisco Fair Chance Ordinance, and the California Fair Chance Act. Any conditional offer of employment is contingent upon review of the applicant’s criminal history. Under the California Child Day Care Facilities Act (Health & Safety Code § 1596.70 et seq.), the Company is required to obtain a criminal record clearance before the individual is permitted in the facility. Further, the material job duties in this specific job position entail access to and work in locker rooms where minors may be present.

Job Type: Full-time

Pay: $65,000.00 - $85,000.00 per year

Benefits:

• Dental insurance
• Health insurance
• Life insurance
• Paid time off
• Vision insurance

Schedule:

• Monday to Friday

Work Location: In person

Salary : $65,000 - $80,000