Lease Administrator

La Senza•Columbus, OH
•$60,000 - $75,000

About The Position

The Lease Administrator will lead lease administration for North American retail locations, managing the store lease portfolio and handling lease abstraction, critical dates, rent and CAM payments, reconciliations, and landlord relationships. Reporting to the Manager, Operations, this is a hands-on role focused on accuracy, execution, and day-to-day lease inquiries and deadlines. The role also supports lease accounting, store transitions, portfolio reporting, and the development of scalable lease administration processes.

Requirements

  • At least 3 years of lease administration experience; multi-unit retail experience is preferred.
  • Strong understanding of commercial retail lease terms, CAM, and percentage rent.
  • Experience with lease administration software such as Visual Lease, CoStar Real Estate Manager, LeaseQuery, MRI, or similar.
  • Advanced proficiency in Microsoft Excel and Microsoft Office Suite.
  • Strong analytical skills and numerical accuracy.
  • Ability to operate independently in a lean environment.
  • Strong organizational skills and attention to detail.
  • Excellent written and verbal communication skills.
  • High level of integrity and discretion.

Nice To Haves

  • Associate’s or Bachelor’s degree in Business, Finance, Accounting, Real Estate, or a related field.
  • Working knowledge of ASC 842 lease accounting.

Responsibilities

  • Abstract and maintain lease data, including rent, terms, options, CAM, co-tenancy, kick-out, radius, and exclusive clauses, in the lease administration system.
  • Track critical dates such as renewals, option notices, expirations, and rent escalations, and proactively notify leadership of upcoming deadlines.
  • Coordinate monthly rent, CAM, real estate tax, insurance, and percentage-rent payments with Accounts Payable.
  • Review and audit annual CAM, real estate tax, and insurance reconciliations; identify discrepancies and dispute overcharges with landlords.
  • Prepare and submit monthly and annual sales reports to landlords as required by lease terms.
  • Maintain an organized repository of leases, amendments, estoppels, SNDAs, certificates of insurance, and landlord correspondence.
  • Serve as the primary point of contact for landlords and property managers regarding lease inquiries, notices, and issues.
  • Partner with Facilities to clarify landlord and tenant repair and maintenance responsibilities.
  • Support Finance with ASC 842 lease accounting, month-end accruals, occupancy-cost reporting, and budgeting.
  • Support new store openings, relocations, renewals, and closures, including lease document review and date tracking.
  • Monitor compliance with lease requirements, including operating hours, signage, use clauses, and insurance.
  • Prepare portfolio reporting on occupancy costs, lease expirations, and occupancy cost as a percentage of sales.
  • Develop and improve lease administration processes, procedures, and controls.

Benefits

  • Medical, dental, and vision coverage.
  • 401(k).
  • HSA options.
  • Life insurance and disability coverage.
  • Employee discount programs.
  • Opportunity to build and shape lease administration within a growing retail organization.
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