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, Kelseys, 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.
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 strong 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
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 [email protected]
