Open Jobs Lease Audit Manager

Job ID:292347
Location Name: CA-FSC SF Off (0174)
Address: 350 Mission St 20th Floor San Francisco CA 94105 United States (US)
Job Type: Full Time
Position Type: Regular
Job Function: Real Estate/Prop Dev
Work Location: San Francisco - Hybrid

Your Role at Sephora:

Ready for a career glow up As Lease Audit Manager youll be managing US & Canadian lease audit & co-tenancy programs. The work you do will impact beauty as you accurately and timely enforce lease provisions. Youll manage a team thats united in beauty supported by those who are equally passionate about ensuring compliance and maximizing savings.

What Youll Do:

• Manage the US & Canadian lease audit & co-tenancy programs.
• Accurately and timely enforce lease provisions between Sephora and its landlords.
• Audit annual landlord reconciliation invoices for common area maintenance real estate taxes insurance utilities percent rent etc. to identify overcharges and obtain detailed documentation.
• Directly responsible for the negotiation settlement and collection of multi-million dollar rent reconciliations uncovered during lease audits as well as coordinating audit resolutions with the Accounting Team and other internal departments to ensure they are properly documented and allow for future savings through the invoice review process
• Negotiate settle and collect multi-million dollar rent reconciliations.
• Manage options kickouts termination rights tracker & assist with yearly updates to radius restriction tracker for strategic deployment plan & respond to ad hoc Lease Compliance requests
• Research potential percent rent remedies/penalties resulting from remodel program closures and provide support to tax and real estate teams for landlord-initiated sales audits
• Conduct expense analyses (e.g. vet expenses against lease language compare to market rates real estate base rent years and establish trend analysis)
• Interpret lease terms and conditions for management third-party lease compliance administrators and the Accounting & Finance departments.
• Report progress and results to management including current and projected cash savings and risks.

What Youll Bring:

• Bachelors degree in Business Accounting or Finance or a related field (strongly preferred).
• CPA certification (strongly preferred).
• 5-8 years of retail experience ideally with a focus in Lease Compliance and/or Auditing.
• Strong reporting and analytical skills with extremely high attention to detail.

• High-level client service skills attention to detail demonstrate the ability to assign priority to multiple requests simultaneously and remain cool under pressure.

• Deep understanding of lease contracts and negotiations including the ability to read analyze and interpret leases and related documents.
• Knowledge of International Financial Reporting Standards (IFRS) and relevant laws regulations and standards.
• Effective listening and interpersonal communication skills for responding to inquiries addressing concerns and fostering cooperative relationships.

What Youll Get:

The annual base salary range for this position is $117000.00- $131765.00 The actual base salary offered depends on a variety of factors which may include as applicable the applicants qualifications for the position; years of relevant experience; specific and unique skills; level of education attained; certifications or other professional licenses held; other legitimate non-discriminatory business factors specific to the position; and the geographic location in which the applicant lives and/or from which they willperform the employed in this position may also be eligible to earn job will be posted for a minimum offivedays.

• CaringCommunity.Youllcollaborate with teammates who are equally passionateabout innovatinganddrivingthe industry forward together united in beauty.

• Fulfilling Path.Your career transformation starts here with opportunities that will challengestretchand develop your skills.

• Meaningful Work.As you make an impact onbeautyyoullfeel and see the positive change (consumer industryandsocial)thatyourindividual voice is a part of.

Rewardsas Uniqueas You:

Some benefits have eligibility requirements and may depend on job classification and length of employment.

• Health.Choose a healthcare plan to fit you and your familys needs withmedicaldental and vision also fully covers our employees disability and life insurance.

• Wealth.We offer a competitive 401k with4%match as well as FSA and HSA programs. We also offer a Student Debt Retirement plan where your student loan paymentsqualifyto earn the 401k match from Sephora.

• Balance.Youll beempoweredto find the perfect blend of work/life balance thatactuallyworks for youwithPTO flexibilityprotectedleave and more.

• Growth.Career growthis built into every role with access to trainingdevelopmentand tuition reimbursement.

• Perks.Thinkyouvetried it all Enjoya30%discount on all merchandise/services opportunities forfreeproductor gratisand flash sale discountsonLVMHbrandproducts.

• Support.Join a team thattruly cares with free mental health and financial coaching resources with 24/7 access to Modern Health and Financial Finesse. Plus volunteer and donation matching.

Sephora values a diverse andinclusiveworkplaceand considers allapplicants withoutregard to sex pregnancy race color national origin gender (including gender identity and gender expression) age religion sexual orientation military/veteran status disability or any other is committed to providing reasonable accommodationtaapplicantswith disabilities or other medical conditions.

Sephora will consider all qualified applicants including those witharrest and conviction recordsin a manner consistent with the requirements of allapplicable laws including the Los Angeles Fair Chance Initiative for Hiring Ordinance the San Francisco Fair Chance Ordinance and the New York City Fair Chance Act.

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