SNIPES Lease Administrator

Bensalem, PA

Hybrid

We live sneakers, streetwear, and neighborhood culture! All Day! Every Day!

With more than 750 stores in Europe and the USA, SNIPES is one of the leading sneaker and streetwear retailers worldwide. Since opening its first store in Essen, Germany in 1998, SNIPES has been an integral part of street culture and is constantly growing thanks to its proximity to the community and regular openings worldwide.

At SNIPES, everything revolves around youth culture. In stores and online at snipes.com and snipesusa.com, our community finds a wide range of internationally renowned sneakers and apparel brands for the latest fits from head to toe. We dive deep into subcultures, sponsor some of the biggest hip-hop festivals, events, and sports teams throughout the world to stay close to our community and keep our deep roots in the global street culture community. Therefore, we work closely with key figures from the scene like DJ Khaled, our Chief Creative Officer. But whether it’s sponsorships or developing grassroots projects – we prioritize giving back to the community in everything we do.

SNIPES has always kept an ear to the streets to create a meaningful impact in the communities we serve. Through our community program “SNIPES serves” and its localized approach we support the needs of our communities, empower, and celebrate our dynamic culture.

Overview: Reporting to the Vice President of Finance, the lease administrator will function as a member of SNIPES Accounting / Finance team and work closely with our in-house legal team in a retailer environment, to assure that we, the retailer, the landlord, and any other lease stakeholders adhere to the guidelines set forth in retail leases, including financial obligations, insurance requirements, sales reporting, and other lease obligations.

Responsibilities

• Reconciling monthly and annual landlord statements/invoices.

• Processing rental invoices monthly.

• Processing and auditing the monthly rent roll.

• Reviewing and interpreting commercial/retail lease language (e.g. CAM obligations and exclusions, etc.)

• Reporting on sales and providing various other ad hoc reporting when needed including gross sales and precent rent reports

• Reconciling and reporting on lease accounting adjustments with landlords and provide timely updates to leadership.

• Resolving and negotiating successful financial/accounting disputes and lease-driven issues with landlords

• Ability to work cross functionally with key partners in Legal, Real Estate, and Store Operations.

• Demonstrating a high level of confidence, professionalism, and adherence to ethical standards and confidentiality.

Qualifications

• 2-4 years’ experience as a lease administrator, preferably in retail

• General knowledge of accounting practices, lease financial management, reconciliation skills

• Ability to interpret commercial leases

• Fluent computer skills, especially in Excel and Word

• Good communication skills

• Ability to multi-task and work cross functionally with key partners in the headquarters

• Ability to confidently interact with landlords and external stakeholders

• Real estate experience preferred

• Strong knowledge of lease databases. Preferably AMTDirect or similar software.

Cultural Success Factors

• Enthusiasm for the brand

• Consumer Obsessed

• Innovative Mindset

• Collaborative nature

• Skillful communicator

• Data-Driven Decision Making

• Adaptable and Flexible

• Disciplined and self-motivated

Benefits with SNIPES

• Generous Employee Discount

• Paid Holidays

• Summer Hours

• Hybrid work schedule

• PTO (Paid Time Off)

• Bonus Plan

• Affordable Health Insurance

• Retirement Contributions

Snipes USA and all its subsidiary Companies are equal opportunity employers. We will not discriminate or make hiring decisions based on race, religion, creed, color, national origin, sex, political affiliation, sexual orientation, or any other criteria that would violate any Federal or State laws