Lease Administration Manager (Toronto)

Lease Administration Manager (Toronto)

16 Oct
|
YM
|
Toronto

16 Oct

YM

Toronto

Pay: CA$60,000.00 – CA$80,000.00 per yearJob description:YM Inc. was founded on the strength of a single retail store in the heart of downtown Toronto in 1975, under the name Stitches. Today we are one of North America's leading apparel retailers operating over 800 stores across Canada and the United States under the following banners: Stitches, Urban Planet, Urban Behavior, Sirens, Forever 21, Urban Kids, Suzy Shier, Bluenotes, West 49, Amnesia, Charlotte Russe, Rue 21 and Mandee.Our goal is to sustain performance that exceeds expectations. We are committed to creating a culture where people feel valued and inspired to achieve results. We give our people the appropriate tools, freedom and authority to make decisions. They are accountable for their actions and we recognize their efforts and reward their results. We attract and nurture the best people by providing leadership opportunities, career development and continuous learning. We are committed to leading by example and with integrity. We treat people with respect and dignity, promote the benefits of diversity and address challenges in a direct and compassionate manner. We engage people in our goals and objectives; we listen and act on new ideas where possible. That is our Philosophy.How you will make a difference:The Lease Administration Manager oversees the preparation, review, and management of all lease documentation across the company's retail store portfolio (100+). This role ensures accuracy, compliance, and consistency in lease agreements while mitigating legal and financial risk. Reporting to the VP Finance, the Manager serves as the subject matter expert on commercial lease terms, and reviews rent payments schedules and other documentation with the team to ensure all lease obligations are met.What You'll Do:Duties and responsibilities include, but are not limited to, the following:Lease Documentation Review & ManagementReview, abstract,



and interpret lease agreements, amendments, renewals, and related legal documents for accuracy and completenessEnsure all lease terms are correctly captured in the lease management applicationIdentify and flag discrepancies, missing clauses, or unfavorable terms for escalationMaintain standardized lease language, templates, and clause libraries across locationsTrack and manage critical dates including lease commencement, rent escalations, and expiration dates, and negotiate and complete extension agreements as directed· Report on the progress of deals to senior management at regular leasing meetingsFinancial Analysis & Cost ControlReview and validate CAM reconciliations, and year-end adjustmentsAudit landlord billings for compliance with lease termsProcess tenant improvement allowances and monitor collectionReview and approve rent rolls used to support rent paymentsOversee monthly rent payments and all required lease obligationsCalculate percentage rents payable and CAP stores refund dueIdentify opportunities for cost recovery and savingsCross-Functional CollaborationPartner with Legal, Finance, Construction, and Operations teamsServe as primary liaison with landlords, property managers, and external legal counsel on lease mattersSupport store openings, relocations, expansions, and closures from a lease documentation perspectiveRespond to audit inquiries from internal and external auditorsWhat You'll Need:Post-secondary education in a related field7–10 years of experience in commercial lease administration,



preferably in a multi-unit retail environmentProven ability to interpret complex lease documents and communicate findings clearlyExcellent analytical, organizational, and problem-solving skillsStrong written and verbal communication skillsExperience in conducting financial analysis (GROCs)Experience with Lawson an assetProficient in Microsoft OfficeStrong negotiation skillsHigh level computer literacy, advanced knowledge of Excel and WordAbility to work under pressure and tight timelinesDemonstrated skills in corporate governance, policies and procedureEffective time management and organizational skillsDetail-oriented with strong accuracy standardsAbility to manage multiple priorities under tight deadlinesStrategic thinker with sound judgment and decision-makingCollaborative and proactive communicatorComfortable working independently in a fast-paced environmentWhat we offer:Competitive Compensation PackageHealth and Dental Benefits PlanPaid Sick DaysEmployee DiscountTuition ReimbursementOngoing Training and DevelopmentCareer Advancement OpportunitiesBeing part of an amazing, supportive and collaborative teamYM Inc. is an equal opportunity employer. If chosen to participate in the selection process, accommodations are available upon request. We will consult with the applicant to provide or arrange suitable accommodation in a manner that takes into account the applicant's accessibility needs.This posting is for an open vacancy.We do not use AI in our hiring process.Perks:Dental careOn-site parkingPaid time offStore discountAbility to commute/relocate:North York, ON M6A 2W1: reliably commute or plan to relocate before starting work (required)Experience:commercial lease administration: 7 years (required)multi-unit retail environment: 2 years (required)financial analysis (GROCs) : 5 years (required)Work Location: In person

📌 Lease Administration Manager (Toronto)
🏢 YM
📍 Toronto

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