FCPT is a public, NYSE-listed, investment grade rated real estate investment trust (REIT) with a market capitalization of more than $2.5 billion. FCPT is focused on the ownership, acquisition, and leasing of restaurant properties and currently owns a portfolio of over 750 properties across 46 states and 74 brands that are primarily leased to leading restaurant operators. We are positioned with a strong balance sheet to grow and further diversify our portfolio.

We are seeking an exceptional candidate to join the team as a Lease Administrator reporting to the Controller, Real Estate and Revenue. The entrepreneurial culture of the company combines a start-up environment with the backing and stability of a well-capitalized balance sheet and strong, experienced management team. This position will work as part of a small 25-person team in a fast-paced and highly collaborative environment, assisting the Controller and the finance team on lease administration. The role will also be active in supporting acquisition and asset management functions within FCPT and will benefit from direct interaction with the finance, legal, and acquisition teams.

The Lease Administrator will be responsible for lease administration functions, including, but not limited to:

• Reviewing new leases, amendments, assignments, terminations, and other lease documents in connection with lease accounting, reporting and insurance matters

• Gaining understanding of lease compliance for all lease-related payments, including base rent, operating expenses (CAM), real estate tax, insurance obligations, utilities, prepaid rents, and security deposits

• Setting up leases and entering all financial and non-financial lease information into MRI accounting system with accuracy and precision
• Following up as required to ensure asset and property management are aware of any approaching option dates and required action

• Serving as liaison between Landlord and Tenant regarding each party’s compliance in connection with lease accounting, reporting and insurance matters
• Assisting in preparing and maintaining information for occupancy reports/rent rolls, lease expiration reports, and various other reports as requested or necessary for the portfolio
• Reviewing rental increases and communicating or sending any related notices that need to be sent to tenants
• Working with accounting and property management to audit operating expense billing (both estimated prepayments and reconciliation) to ensure accuracy
• Assisting in performing CAM, operating expense, insurance, and tax reconciliations/calculations
• Assisting with collections/tenant billings
• Participating in the due diligence process as it relates to lease documents both for acquisitions and dispositions
• Reviewing MRI generated lease administration reports on a quarterly basis to ensure accuracy of lease data
• Managing tenant contacts and updating name and/or address change requests by reviewing and interpreting lease provisions
• Providing outstanding service to tenants on all lease administration issues
• Interacting and working closely with legal, asset management, finance
• Special projects as required.