Lease Administration Lead

At VF, we strive to foster a culture of belonging based on respect, connection, openness, and authenticity.  So, before we get to the job details, take a minute to learn a little more about us – our values and our culture - visit VF Careers or www.vfc.com.  

What will you do? 

A day in the life of a Lease Administration Lead at VF looks a little like this. 

As part of VF’s North American Lease Administration and Accounting Team, this position provides intermediary leadership and guidance to a team of Lease Analysts and collaborates cross-functionally with VF’s North American Real Estate team. The Lease Administration Lead, in conjunction with the Real Estate team, is responsible for tracking, supporting and enacting VF’s North American owned and leased real estate activities. This position supports the Sr. Lease Administration and Accounting Manager and overall team in achieving functional organization, coordination, development, and improvement objectives, and plays an integral role in meeting work product oversight goals and requirements.

Let’s break down that day-in-the-life a bit more. 

How You Will Make a Difference: 

• Demonstrate a command of commercial lease contracts and concepts associated with retail, industrial, office and equipment assets, and exhibit detailed, holistic lease contract administration experience including rent management, occupancy expense auditing, rent account maintenance, sales reporting and percentage rent, lease abstraction, critical dates management/enactment, operational and legal requirements, landlord/tenant relations, and real estate development. 
• Proactively track critical lease activity dates including lease expirations, month-to-month tenancy periods, various option deadlines via the lease management system and route regular related reports to the Real Estate team.
• Maintain regular communication with the Real Estate team to notify them of upcoming lease action items, solicit/intake timely directions, seek clarifications as needed, and track and enact anticipated/final directions relative to rent processing, lease accounting and other recurring or special deadlines.
• Support the Real Estate team & related stakeholders by fielding inquiries and requests related to lease negotiations, enactment of lease actions, existing lease statuses, estoppels, lease provision reviews, etc. and notify them of any lease administration disputes, issues or other pertinent activities.
• Track the execution of various lease-related agreements and documentation, and subsequently abstract such documentation in the lease management system in compliance with established deadlines, procedures and lease accounting standards, such that identified lease attributes are timely, accurately and consistently maintained.
• Support the Real Estate team and other VF stakeholders with lease management reporting requests. Notify Lease team members of specified changes to lease terms resulting from lease amendments or other modification documents, or decisions impacting lease statuses or payment procedures.
• Actively track real estate construction and special projects from inception to completion (new leases, relocations, expansions/downsizes, etc.).
• Participate in SOX audit review procedures as requested relative to lease population management and maintenance of lease terms impacting lease accounting.
• Serve as intermediary between Sr. Lease Manager and Lease Analysts by fielding inquiries, troubleshooting issues, reviewing work, administering feedback/training, and assisting with the timely coordination of lease administration deliverables.

What do you need to succeed? 

We all have unique skills that we bring to work and celebrate every day. For this role, there are foundation skills you’ll need to succeed and excel. Additionally, while formal education in a related field is great to have, we are most interested in your 5+ years of experience and professional achievements.   

The foundation skills you will need in this position are: 

• Bachelor’s degree preferred, or equivalent work experience in fields related to commercial leasing, contract administration, legal, real estate, lease accounting 
• Experience with lease management systems/databases (AMTDirect experience a plus)
• Team focused with ability to positively influence action 
• Demonstrated critical thinking, reading and analytical skills  
• Travel anticipated approximately 20% of the time

There are also a few skills that are not required but preferred. 

• Familiarity with ASC 842 lease accounting standard
• Spanish fluency and/or translation skills
• Project management experience
• Retail tenant/occupier experience

Now WE have a question for YOU.  

Are you in? 

#LI-WM1

Hiring Range:

Incentive Potential: This position is eligible for additional compensation awards that may include an annual incentive plan, sales incentive, or commission potential. Specific details of the additional compensation eligibility for this position will be provided during the recruiting and interview process.

Benefits at VF Corporation: You can review a general overview of each benefit program offered, including this year's medical plan rates on www.MyVFbenefits.com  and by clicking Looking to Join VF? Detailed information on your benefits will be provided during the hiring process.

Please note, our hiring ranges are determined and built from market pay data. In determining the specific compensation for this position, we comply with all local, state, and federal laws.

At VF, we value a diverse, inclusive workforce and we provide equal employment opportunity for all applicants and employees. All qualified applicants for employment will be considered without regard to an individual’s race, color, sex, gender identity, gender expression, religion, age, national origin or ancestry, citizenship, physical or mental disability, medical condition, family care status, marital status, domestic partner status, sexual orientation, genetic information, military or veteran status, or any other basis protected by federal, state or local laws.  If you are unable to submit your application because of incompatible assistive technology or a disability, please contact us at peopleservices@vfc.com. VF will reasonably accommodate qualified individuals with disabilities to the extent required by applicable law.

Pursuant to all applicable local Fair Chance Ordinance requirements, including but not limited to the San Francisco Fair Chance Ordinance, VF will consider for employment qualified applicants with arrest and conviction records.