Analyst, Lease Administrator

Job Description

Recipe Unlimited Corporation is Canada's leading full service restaurant company. Home to such iconic brands as Swiss Chalet, Harvey's, St.Hubert, Montana's, Olive Garden Canada,  Bier Markt, East Side Mario's, The Landing Restaurant Group, New York Fries, The Pickle Barrel & Catering, State & Main, Elephant and Castle, Original Joe's, Fresh Kitchen + Juice Bar, The Burger's Priest, Blanco Cantina and Anejo. With this diverse portfolio of restaurants our Home Office Teammates have the opportunity to work on a wide variety of some of the most popular, well-loved brands in Canada. Variety isn't the only thing we offer – we are passionate about our industry, we celebrate and support diversity of thought, we are innately curious and encourage our Teammates to take ownership. Above all else, we believe in doing the right thing for our people, our communities and our planet.

Maintenance of Recipe's portfolio, centered in the reconciliation of Landlord accounts to ensure accounts are kept current and all billing is in compliance with the lease.

What you will do in this role: 

Portfolio Management

• Reconcile complex statements of account, including the audit of CAM and Tax reconciliations, identification and pursual of irregularities in billing

• Review Leases for all locations to ensure compliance with the Leases in the calculations of CAM costs, Property maintenance issues, Roof & building repair and Franchisee/Landlord responsibilities in the operations of the building/plaza

• Developing a thorough and nimble process of recovering overbillings by the Landlord and ensuring compliance with Lease, while leveraging timely payments of billings and Rental Structures

• Identify locations with potential risk to Recipe, including with Landlords; Franchise AR collections; arrears exposure, etc. 

Lease Renewals

• Track upcoming lease expiry and notice dates (at least 4 years out)

• Support the planning and negotiation of renewal terms

Lease Administration Finance & Software

• Calculate and report percentage and incremental rents in compliance with the Leases, including liaising with the accounting team for identification of accruals

• Adopt Recipe financial principles as they relate to accounting; tax; and accounts receivable, when processing payments

• Review and update terms, vendors, and contacts in line with the circulation of new contract

What we are looking for from you: 

• Post-secondary education in accounting, business administration, or a related field

• Minimum 1 year in Lease Administration, Accounts Receivable, or a related role 

• Computer proficiency in Microsoft Office/Google Suite

• Basic understanding of Canadian commercial real estate market; lease language and interpretation of lease documents; and accounting principles

What's in it for you?

• Flexible/Hybrid work environment
• You'd be joining a close-knit, innovative team of creative and energetic go-getters
• You'd be a part of Canada's largest full-service restaurant company that leads the industry in size and innovation
• 20% associate discount dining card and monthly dining allowance valid at participating Recipe brands
• A welcoming, fun and safe work environment founded on respect
• Career advancement opportunities with a company that owns some of Canada's most iconic restaurant brands
• Industry-leading benefits, wellness programs, and total rewards programs

Recipe is committed to providing a diverse, equitable and inclusive workplace. Celebrating people, being passionate and curious, owning it, and doing the right thing are the values that guide how we build our teams, support our franchisees and create a company that unlocks the full potential of everyone.

Recipe is dedicated to providing accommodations in accordance with applicable human rights and accommodation legislation. For individuals that require accommodations please contact