Lease Administrator

2 days ago


North York, Canada BarBurrito Restaurants Full time

**Employer**: BarBurrito Restaurants Inc.

**Position**:Lease Administrator

**Terms of Employment**:Full-time / Permanent

**Location**:North York, Ontario

**Employment Address**:703-1120 Finch Ave. W. North York, ON M3J 3H7

**Hours of Work**:35 hours/week

**Language**:English

**Benefits**: Eligible for discretionary bonuses and/or salary increases in accordance with company policy.Group benefit plan with the company subsidizing the cost of benefit at a rate of 100% of the employee and a rate of 50% for the family plan.

**Salary**:$ 63,000 CAD / year

**Duties**:

- Review and approve Rental Advice Notices for over 300 locations and ensure that terms of lease agreement are met
- Review and approve Year End Reconciliations for over 300 locations and ensure that terms of lease agreement are met
- Review and approve Opening Rental Advice Noticesfor new locations (roughly 5 per month) and ensure that terms of lease agreement are met
- Reconcile outstanding accounts relating to rentals
- Ensure the Lease terms are being followed by Landlord (i.e. Admin fees, capped amounts etc., Deposits)
- Tasks related to legal agreements or account review required by the President or VP of Legal
- Review and revise the Landlord’s estoppel certificates
- Draft statutory declarations
- Review and revise pylon sign agreements
- Communication with Landlords and franchisees regarding various Lease matters
- Submit Tenant Improvement Allowance requests and track the status of all tenant allowance payments
- Assistance with new franchisee onboarding tasks, utility account set-ups and coordination with insurance brokers for placement of liability and property coverage
- Administer security depositsand advance rentand ensure deposit requests are calculated and sent to the accounting department in a timely manner
- Update internal CRM with new executed Leases
- Preliminary review of the Leases as required by VP of Legal

**Requirements**:

- College or university degree is required
- 2+ years experience in a similar role is required
- Proficient using Excel at a high level
- Previous working knowledge of various industry-specific CRM’s
- Must be able to work in a fast-paced environment with minimum daily oversight
- Must be self-motivated
- Previous experience in commercial real estate or related legal field to lease administration

Pay: $63,000.00 per year

Schedule:

- Monday to Friday

Work Location: In person



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