Sr. Analyst, Lease Administration

Recipe UnlimitedVaughan, ON
Hybrid

About The Position

Recipe Unlimited Corporation is Canada’s leading full service restaurant company, home to many iconic brands. The Sr. Analyst, Lease Administration will report to the Manager, Risk Management and will be responsible for maintaining Recipe’s portfolio, including ownership of lease management software, reconciliation of landlord accounts, and management reporting. The company is passionate about its industry, celebrates diversity, encourages curiosity and ownership, and believes in doing the right thing for its people, communities, and planet. Recipe is committed to providing a diverse, equitable and inclusive workplace.

Requirements

  • Post-secondary education in accounting, business administration, or a related field
  • Minimum 3 years in Lease Administration including lease software management
  • Computer proficiency in Microsoft Office/Google Suite
  • Understanding of Canadian commercial real estate market; lease language and interpretation of lease documents; and accounting principles
  • Strong written and verbal skills

Responsibilities

  • Reconcile complex statements of account, including the audit of CAM and Tax reconciliations, identification and resolution of irregularities in billing
  • Review Leases for all locations to ensure compliance with the Leases in the calculations of CAM costs and responsibilities
  • Identify locations with potential risk to Recipe, including with Landlords; Franchise AR collections; arrears exposure, etc.
  • Written and verbal communication with Landlords to gather documentation and resolve issues
  • Calculate and report percentage and incremental rents in compliance with the Leases, including liaising with the accounting team for identification of accruals
  • Adopt Recipe financial principles as they relate to accounting; tax; and accounts receivable, when processing payments
  • Review and update terms, vendors, and contacts in line with the circulation of new contracts
  • Abstract and maintain key lease clauses, critical dates, and other relevant lease data within lease management software

Benefits

  • Flexible/Hybrid work environment
  • Pay range: $60,000 - $90,000
  • Joining a close-knit, innovative team of creative and energetic go-getters
  • Being a part of Canada’s largest full-service restaurant company that leads the industry in size and innovation
  • 20% associate discount dining card and monthly dining allowance valid at participating Recipe brands
  • A welcoming, fun and safe work environment founded on respect
  • Career advancement opportunities with a company that owns some of Canada’s most iconic restaurant brands
  • Industry-leading benefits, wellness programs, and total rewards programs
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