Tanger is a premier owner and operator of outlet and open-air centers, committed to creating shopping destinations that inspire and entertain. The Lease Accountant role involves managing lease documentation, billing processes, and ensuring compliance with accounting standards while collaborating with various teams to support operational goals.
Validate accuracy of set up of all legal documents (i.e., leases, license agreements, modifications, renewals) based on department guidelines and in accordance with SOX, including abstraction, review, interpretation, input, and analysis of the information into MRI or other systems and tools
Ensure timely and accurate setup and processing of all billings and sales information, including recoveries (Utilities, CAM, TAX, Water, Insurance), percentage rent, and FASB set up
Post billing adjustments in accordance with defined company policy
Prepare monthly sales analysis reports, calculate estimated sales and review reasonability of reported sales
Demonstrate a proactive understanding of cross-functional priorities by anticipating dependencies, collaborating across teams, and offering insights that support broader business and operational goals
Analyze problematic lease language and escalate when necessary
Coordinate the execution of various tasks including the processing of tenant billings, miscellaneous rent roll changes, unit square footage changes, lease renewals, move-ins, move-outs, and terminations
Ensure that monthly, quarterly, and annual Lease Accounting deadlines are met and that all reports are accurate and delivered on time
Approve the abstraction of legal clauses completed by 3rd party abstraction team to ensure key terms are accurately captured in compliance with organizational standards
Conduct timely resolution of issues concerning invoiced amounts, tenant disputes/audits, and lease provisions
Foster teamwork between other areas of the organization while focusing on providing outstanding customer service to all internal and external customers
Test new IT enhancements in the test database for process rollouts, ensuring functionality, accuracy, and alignment with business requirements before implementation in the production environment
Keep all schedules updated as they relate to document review, sales review and billing
Perform timely data entry into all systems and trackers, including MRI, Salesforce and Realserv, to maintain tenant and lease information
Interact daily with other disciplines within the organization, such as property accounting, legal, AR, leasing, marketing, operations, and the senior management team
Maintain up-to-date process documentation
Maintain ownership of a group of Centers (annual/quarterly deadlines, legal document processing, percentage rent, overage rent, gross sales entry, annual operating expense reconciliations, recoveries, and year-end reconciliations)
Complete annual performance objectives as determined by Company and Department
Abstract and bill contracts and security deposits for local marketing partnerships and specialty leasing
Assist in special projects and/or performs other duties as assigned
Qualification
Required
Bachelor's degree in Business, Accounting or related field, or equivalent work experience
2 years of lease accounting experience
Experience with MRI or other comparable software
Good listening skills and customer service oriented
Highly organized, concise, detailed, flexible, efficient, with ability to multi-task
Ability to focus on results and desired outcomes and how best to achieve them
High level of initiative and strong follow through with ability to work independently
Ability to maintain confidentiality and act with personal, professional, and behavioral integrity
Ability to be inquisitive while meeting productivity and accuracy standards
Have exceptional written and oral communication skills
Ability to read, write and comprehend the English language
Adhere to Tanger's Values: Integrity, Inclusion, and Innovation
Preferred
Benefits
Generous Suite of Medical, Dental, and Vision Benefits
