Process Analyst - Lease Abstraction

IBM

4

(722)

Chennai, India (Remote)

Why you should apply for a job to IBM:

  • 4.4/5 in supportive management
  • 82% say women are treated fairly and equally to men
  • 80% would recommend this company to other women
  • 91% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.

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    Position summary

    igate 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.

    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 Expertise

    • 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.

    Why you should apply for a job to IBM:

  • 4.4/5 in supportive management
  • 82% say women are treated fairly and equally to men
  • 80% would recommend this company to other women
  • 91% say the CEO supports gender diversity
  • Ratings are based on anonymous reviews by Fairygodboss members.