Job Description

Canadian Tire Real Estate Limited (CTREL) is a division of Canadian Tire that has responsibility for the end-to-end real estate lifecycle of over 1,800 of the Corporation\xe2\x80\x99s retail and corporate locations across Canada, including the Canadian Tire Retail Stores, PartSource, Canadian Tire Petroleum Gar Bar, Party City, Mark\xe2\x80\x99s Work Warehouse, Sport Chek, and Atmosphere banners. Within CTREL, the Occupancy Cost Administration team provides oversight, analysis and reporting of occupancy costs and revenues for CTREL\xe2\x80\x99s large and diverse portfolio of leased and owned properties. Reporting to the AVP, Real Estate Operations, the National Manager, Lease Costs will lead and coach a team of Occupancy Cost Managers and Analysts tasked with processing monthly and weekly rent rolls, minimizing occupancy costs through audits of landlord reconciliations, and maximizing tenant income opportunities. The Manager will also play a key role in further leveraging the reporting and functional capabilities of our Lucernex Lease Management system, and will collaborate with the accounting, FP&A, development, lease abstraction and property management teams to ensure a smooth exchange of information between teams.

What you will do

Lead the monthly rent roll variance analysis and approve and process the monthly and weekly rent exports from the Lucernex Lease Management system, ensuring payments and billings are accurate and on-time, are in accordance with the lease, and conform to Corporate Key Controls.

Drive Occupancy Cost Savings and Income Tenant Revenue gains by leveraging your expert knowledge of leases and related costs, and mentoring your team as they perform their reviews and audits of landlord reconciliation and rental invoices and tenant billings

Consistently improve engagement and performance of your team through effective and inclusive performance management

Assume ownership of Lucernex and work with the CTREL and vendor teams to innovate and continuously improve the analytical, data mining, reporting and process/control capabilities of the system

Act as custodian and performer of corporate key controls relating to rent processing

Ensure that specified standards and policies are adhered to in accordance with management policies and procedures including Standard Operating Procedures. Develop, modify and customize Standard Operating Procedures as required

Embrace our Stronger Together core value and effectively communicate, negotiate, and collaborate with key stakeholders such as other CTREL teams, accounting, FP&A, landlords and dealers when they have occupancy cost questions or require information from Lucernex

Respond to internal and external auditors for costs and controls under your management

Travel periodically to meet team members in Calgary and Montreal

What you bring

Post-secondary education in a related field (or commensurate experience). An accounting designation or accredited commercial real estate designation would be considered an asset.

A minimum of 10 years\xe2\x80\x99 experience managing occupancy costs for a large, diversified portfolio of real estate assets for a retailer.

5+ years of effectively managing a team of Lease Administrators / Occupancy Cost analysts who perform analysis of landlord year end occupancy cost reconciliations and landlord rental notices, and consistently improving engagement and performance of those teams

Ability to manage team members remotely

Experience approving and processing a large rent roll for a retail tenant.

Experience being the owner of a Lease Management system and/or being in charge of the implementation of such a system (previous experience with Lucernex Lease Management considered an asset).

A history of driving improvements to processes, systems and reporting related to leases and occupancy costs management

Excellent Communication (Bilingual in English and French preferred) and presentation skills

Ability to operate in a complex work environment that is sometimes ambiguous

Ability to travel 3-4 days per quarter

About Us

Canadian Tire Corporation, Limited (\xe2\x80\x9cCTC\xe2\x80\x9d) is one of Canada\xe2\x80\x99s most admired and trusted companies. With more than 90 Owned Brands, 1,700 retail locations, financial services, exemplary e-commerce capabilities, and exciting market-leading merchandising strategies. We dream big and work as one to innovate with purpose for our customers at every level of our business, investing in new technologies and products, and doubling down on top talent to drive the company forward. We offer competitive salaries and wages to CTC employees, as well as store discounts, supported learning through our Triangle Learning Academy, Canadian Tire Profit Sharing, and retirement and savings programs for eligible employees. As part of our enhanced flex benefits program, we offer mental health benefits in the amount of $5,000 per year for benefits-eligible employees and their families, including total well-being, and mental health tools and resources for all employees. Join us in helping to make life in Canada better through living and working our Core Values: we are innovators and entrepreneurs at our core, outcomes drive us, inclusion is a must, we are stronger together and we take personal responsibility. It is an especially exciting time to join CTC and its family of companies where career opportunities are wide-ranging! Join us, where there\'s a place here for you.

Our Commitment to Diversity, Inclusion and Belonging

We are committed to fostering an environment where belonging thrives, and diversity, inclusion and equity are infused into everything we do. We believe in building an organizational culture where people are consistently treated with dignity while respecting individual religion, nationality, gender, race, age, perceived ability, spoken language, sexual orientation, and identification. We are united in our purpose of being here to help make life in Canada better.

Accommodations

We stand firm in our Core Value that inclusion is a must. We welcome and encourage candidates from equity-seeking groups such as people who identify as racialized, Indigenous, 2SLGBTQIA+, women, people with disabilities, and beyond. Should you require any accommodation in applying for this role, or throughout the interview process, please make them known when contacted and we will work with you to help meet your needs.

Canadian Tire