Recipe is seeking a highly analytical and experienced Commercial Real Estate professional to join our team as a Sr. Analyst, Lease Administration. In this role, you will take ownership of our commercial real estate portfolio’s lease management software, complex financial reconciliations of landlord accounts, and critical management reporting. This role will report to the Manager, Risk Management.

Please Note: Candidates without direct commercial real estate experience will not be considered.

What you will do in this role: Commercial Portfolio Management Reconcile complex commercial statements of account, taking the lead on the audit of CAM (Common Area Maintenance) and Property Tax reconciliations, and resolving billing irregularities directly with commercial landlords

Conduct deep-dive reviews of commercial leases across all locations to ensure strict financial compliance regarding CAM costs, operational responsibilities, and landlord/tenant obligations

Proactively identify portfolio locations with potential financial or operational risk to Recipe, including landlord disputes, Franchise AR collections, and arrears exposure

Drive written and verbal negotiations and communications with commercial landlords to gather critical financial documentation and resolve complex lease issues Finance & Lease Administration Software Calculate and accurately report percentage rent and incremental rents in strict compliance with commercial lease language

Partner closely with the corporate accounting team to identify lease accruals and ensure accurate financial reporting

Apply Recipe’s financial principles to real estate accounting, tax, and accounts receivable when processing landlord payments

Review, update, and manage financial terms, vendors,



and contacts in alignment with newly executed commercial contracts

Abstract complex commercial leases, maintaining key clauses, critical dates, financial obligations, and other vital lease data within our dedicated lease management software What we are looking for from you: Minimum of 3–5 years of dedicated, hands-on experience in Commercial Real Estate Lease Administration

Demonstrated mastery in reading, interpreting, and applying complex commercial lease language, specifically regarding financial clauses, CAM, and tax structures

Post-secondary education in Accounting, Finance, Business Administration, or a directly related field

Proven experience taking ownership of dedicated Commercial Lease Management Software, alongside robust proficiency in Microsoft Office/Google Suite (especially Excel/Sheets for financial modeling)

Deep, practical knowledge of the Canadian commercial real estate market and standard real estate accounting principles

Exceptional written and verbal negotiation skills, with the professional confidence to liaise effectively with major commercial landlords, accounting teams, and internal stakeholders What’s in it for you? Flexible/Hybrid work environment

Pay range: $60,000 - $90,000

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

📌 Sr. Analyst, Lease Administration (Vaughan)
🏢 RECIPE
📍 Vaughan