Analyst, Lease Administration

who we are
lululemon is an innovative performance apparel company for yoga, running, training, and other athletic pursuits. Setting the bar in technical fabrics and functional design, we create transformational products and experiences that support people in moving, growing, connecting, and being well. We owe our success to our innovative product, emphasis on stores, commitment to our people, and the incredible connections we make in every community we're in. As a company, we focus on creating positive change to build a healthier, thriving future. In particular, that includes creating an equitable, inclusive and growth-focused environment for our people.
about this team
The Lease Administration Team is responsible for ensuring the company complies with all financial lease terms across the North American portfolio. Working closely with Lease Management, the Lease Administration Team is responsible for maintaining landlord communication and managing the review of monthly rent roll, one-time payments, percentage rent payments and annual reconciliations. Lease Administration reviews lease agreements to set up rental schedules in partnership with Accounting, facilitate tenant allowance collection, and manages the lease expense audit program. This team works closely with various internal and external cross functional partners, including Real Estate, Construction, Finance, Accounting and Legal and work in partnership with Landlords.
core responsibilities
Responsible for the review, setup and management of all rent expenses in respective NA portfolio (managed in Lucernex system)
- Review and processing of monthly rent roll, one-time payments, and year-end reconciliations
- Work in partnership with Landlords to reconcile account statements
- Tenant Allowance collection
- Support with lease expense audits to identify potential savings
- Analyze, review and interpret gross sales language as it relates to percentage rent
- Work with various cross functional partners, including Lease Management, Construction, Real Estate, Finance, Accounting and Legal

qualifications
- 1-3 years experience in commercial real estate or lease accounting
- University degree
- Attention to detail, high level of accuracy, & strong organizational skills
- Strong analytical and Microsoft Office skills
- Excellent communication skills - verbal and written
- Ability to work independently and within a team to build relationships and interact effectively with internal and external business partners
- Experience with lease management software Lucernex an asset

must haves
- Acknowledge the presence of choice in every moment and take personal responsibility for your life.
- Possess an entrepreneurial spirit and continuously innovate to achieve great results.
- Communicate with honesty and kindness and create the space for others to do the same.
- Lead with courage, knowing the possibility of greatness is bigger than the fear of failure.
- Foster connection by putting people first and building trusting relationships.
- Integrate fun and joy as a way of being and working, aka doesn’t take yourself too seriously.

additional notes
Authorization to work in Canada is required for this role.
compensation and benefits package
At lululemon, investing in our people is a top priority. We believe that when life works, work works. We strive to be the place where inclusive leaders come to develop and enable all to be well. Recognizing our teams for their performance and dedication, other components of our total rewards offerings include support of career development, wellbeing, and personal growth:

- Extended health and dental benefits, and mental health plans
- Paid time off
- Savings and retirement plan matching
- Generous employee discount
- Fitness & yoga classes
- Parenthood top-up
- Extensive catalog of development course offerings
- People networks, mentorship programs, and leadership series (to name a few)

**Note**: The incentive programs, benefits, and perks have certain eligibility requirements. The Company reserves the right to alter these incentive programs, benefits, and perks in whole or in part at any time without advance notice.
workplace arrangement
- hybrid: In-person collaboration and connection is important to our culture. Work is performed onsite, for a minimum of 4 days per week.

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