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Process Analyst - Lease Abstraction

Process Analyst - Lease Abstraction

IBM

0 - 4 years

1 - 5 Lacs

Chennai

Posted:3 days ago| Platform:

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Skills Required

financial analysis lease abstraction data management retail leasing commercial real estate process analysis real estate business development accounting sales leasing marketing real estate sales commercial leasing residential sales

Work Mode

Work from Office

Job Type

Full Time

Job Description

As a Process Analyst – Lease Abstraction, you are required to understand, analyze, and precisely interpret various lease documents. Collaboration within a team setting and professional communication with customers are essential aspects of the role.Your primary responsibilities include:

Support the team in resolving critical client issues by researching and gathering information on payment transactions, lease terms, and other relevant items as needed.

Perform financial analysis and accounting tasks, including AR/AP, rent rolls, and budgets, adhering to accounting principles (GAAP, Tax, Cash, etc.)

Generate subtenant invoices, reconcile subtenant accounts, scrutinize incoming invoices for accuracy with lease documents, and ensure proper coding.

Establish and manage electronic lease files for clients, ensuring they are up-to-date and contain accurate information.

Required education Bachelor's Degree Preferred education Master's Degree Required technical and professional expertise

Graduate with 2-4 years of work experience in lease abstraction.

Experience in lease management services and real estate services with experience and knowledge of Lease abstraction.

Experience in scrutinizing legal documents relating to property leases and performing abstraction.

BPO/Shared Services experience with Global Clients, possessing a working knowledge of commercial lease agreements and prior expertise in data management, lease abstraction, and interpretation of lease language.

Proven ability to comprehend rent, CAM, real estate, and insurance calculations, including pro-rata share, pro-rated rent and CAM calculations, and CAM cap calculations.

Preferred technical and professional experience

Proficient in MS Office applications and general knowledge of accounting principles.

Preferential knowledge of Retail Leases and expertise in Commercial Real Estate Leases.

Self-directed and ambitious achiever.

Meeting targets effectively.

Demonstrated ability to analyze complex data, complemented by strong interpersonal and organizational skills.

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Process Analyst - Lease Abstraction