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Franchise Administrator

Company: Quest Financial
Location: Alpharetta
Posted on: March 27, 2020

Job Description:

Our client is a --multi-brand restaurant company whose portfolio includes more than 8400 restaurants. They are seeking a Franchise Administrator to join their team! The Franchise Administrator manages the full life-cycle contract maintenance processes for the administration of franchise-related agreements, amendments, renewals, and terminations for the portfolio companies. -- Pay $56k Direct Hire Excellent Benefits offered! -- -- Franchise Administrator Responsibilities: Monitor and manage all licensing activity through maintenance of databases and tracking reports, follow up and process flow for each transaction. Review new term sheets from franchise development and determine if the territory to be granted is available for sale and which applicable development incentives may be available. Monitor development agreements for site packages, new store openings and remodel due dates. --For each existing franchisee site package for new development, determine if franchisee is expandable by identifying operational, co-op, audit and any financial delinquencies through interdepartmental communication, communicating and follow-up with franchisees to ensure resolution of any non-expansion issues or incorporate contingencies into contract documentation. Prepare site acceptance letters outlining required license fee, term, royalty rate, and application of available development incentive programs for each site approval. Prepare and issue franchise-related agreements for franchise candidates according to policy, including maps, addendums, exhibits and attachments including state and/or FTC addendums prior to openings, re-openings, or relocations. Review deferred revenue schedule from accounts receivables ream to determine if revenue recorded accurately. Monitor and log, in the appropriate systems, for all franchisees certain information including royalty rates, advertising fees, training fees, product purchases, etc., submission of any required insurance certificates and reports. -- Manage and evaluate the successor license renewal application process submitted by franchisee to determine if franchisee is eligible for renewal. Provide guidance to franchisees, franchise operations and development teams related to applicable successor policy and available options. -- -- Confirm required fees and prepare revenue notice. Prepare the related contract documents, monitor the remodel compliance of each location, and calculate applicable franchise agreement term based upon lease options and provide all required information to be entered into applicable databases and executed documents for scanning to digital files. Manage the franchisee approval process and licensing for all transfer of ownership transactions (i.e., assignments, refranchising and stock transfers). Issue policy and related documentation to prospective parties. Administratively manage franchisee-to-franchisee transaction, providing all required documents for approval, i.e. background checks, financial statements, purchase agreement, and applications. Obtain the necessary corporate and field approvals and ensure FTC/state regulatory compliance. Determine new license term, protected area and royalty rate available to the buyer under new license contracts. Determine if any AOR items are outstanding from the seller and/or existing menu exceptions for both buyer and seller. --Prepare the required transaction documents, outline any contingencies and collect any outstanding fees and/or delinquencies from buyer and seller. Prepare restaurant notice for internal teams to document key contract changes and notify of franchise revenue to be recorded by accounts receivable team for the period. Support franchisee refinancing efforts & issue SBA amendments and/or new related franchisee agreements as requested. Provide all required information as necessary to enter into applicable databases and executed documents for scanning to digital files. -- Seeking Franchise Administrator Candidates with the following: Bachelor's Degree or equivalent work experience Paralegal Certification is a plus! 1-5 years' work experience in franchising or contract administrator position Excellent oral and written communication skills Able to handle stressful situations and to work with demanding clientele in a respectful and courteous manner Organized, flexible and ability to multi-task effectively Strong team orientation and interpersonal skills Excellent attention to detail Proficiency in MS Excel, MS Outlook, MS Word, MS PowerPoint, MS Access, --DocuSign and Adobe.

Keywords: Quest Financial, Alpharetta , Franchise Administrator, Other , Alpharetta, Georgia

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