What are the responsibilities and job description for the Lease Accounting Analyst position at Hibbett Sports?
00015 Store Support CenterLE_301 Hibbett Retail, Inc. SUMMARY
The Analyst, Lease Accounting is responsible for processing leases for new and existing store locations. Performs administrative duties for the lease accounting department.
ESSENTIAL DUTIES AND RESPONSIBILITIES
- Analyze leases and interpret the lease language as it pertains to the Landlords' ability to charge for certain expenses and the appropriate amounts due
- Analyze and interpret leases as it pertains to the inclusion / exclusion of certain expenses in annual reconciliations ensuring only amounts due from Hibbett|City Gear are paid
- Evaluate and process large quantities of annual reconciliations in adherence to the lease language and communicate discrepancies to the Landlord
- Update monthly charges based on lease language determining if estimates are allowed or prior year actuals are to be used
- Review expenses, payments and associated lease / amendment language in evaluating statements or Landlords' claims of balances due and communicate findings.
- Review lease language with Real Estate and Legal when formal interpretations are warranted
- Provide expert knowledge to other departments when renewals, amendments, etc. are being evaluated
- Ensure the protection of Company information by only providing information to Landlords required by the lease
- Use knowledge and lease understanding to ensure financial accountability for the Company
- Coordinate with other departments on Landlord issues or concerns
- Protects the company's assets and financial information by ensuring the accuracy and effectiveness of internal control procedures and informing management and / or appropriate officials of potential fraud risk.
SUPERVISORY RESPONSIBILITIES
QUALIFICATIONS
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