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Process Analyst - Lease Abstraction

Process Analyst - Lease Abstraction

IBM

2 - 4 years

0 Lacs

Chennai Tamil Nadu India

Posted:5 days ago| Platform:

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Skills Required

consulting collaboration agile ai technology portfolio software network empathy learning analyze communication support transactions analysis accounting gaap coding management data interpretation cam calculations

Work Mode

On-site

Job Type

Full Time

Job Description

Introduction

 A career in IBM Consulting embraces long-term relationships and close collaboration with clients across the globe. In this role, you will work for IBM BPO, part of Consulting that, accelerates digital transformation using agile methodologies, process mining, and AI-powered workflows.  You'll work with visionaries across multiple industries to improve the hybrid cloud and AI journey for the most innovative and valuable companies in the world. Your ability to accelerate impact and make meaningful change for your clients is enabled by our strategic partner ecosystem and our robust technology platforms across the IBM portfolio, including IBM Software and Red Hat.  Curiosity and a constant quest for knowledge serve as the foundation to success in IBM Consulting. In your role, you'll be supported by mentors and coaches who will encourage you to challenge the norm, investigate ideas outside of your role, and come up with creative solutions resulting in groundbreaking impact for a wide network of clients. Our culture of evolution and empathy centers on long-term career growth and learning opportunities in an environment that embraces your unique skills and experience.   

Your Role And Responsibilities

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.

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