IBM Senior Process Analyst - Lease Abstraction 

India, Tamil Nadu, Chennai 

291884378

Your Role and Responsibilities
As a Deputy Manager – Lease Abstraction, you are expected to comprehend, analyze, and accurately interpret various types of lease documents. You will work in a team environment and communicate professionally with customers.

Your primary responsibilities include:

• Preparation and distribution of periodic and ad hoc reports in a timely, accurate manner. Runs standard reports for management review and runs ad hoc reports with assistance. Assist with the design of reports utilizing a variety of software tools.
• Assist the team in resolving critical issues for clients by researching and gathering information about payment transactions, lease terms and other relevant items as requested.
• May conduct financial analysis/accounting as appropriate, including AR/AP, rent rolls, and budgets in accordance with the required accounting principles (GAAP, Tax, Cash, etc.).
• Prepare invoices for subtenants, reconcile subtenant accounts, review incoming invoices for errors/accuracy with lease documents and ensure correct coding.
• Create and maintain client electronic lease files ensuring they contain current and accurate information.
• Perform other duties as assigned.

Required Technical and Professional Expertise

• Graduate with 8+ Years of experience in lease abstraction
• Experience in Lease Management Services and real estate services with experience and knowledge of Lease abstraction will be preferred.
• Experience in scrutinizing Legal documents relating to Property leases and performing abstraction.
• Knowledge of Commercial Real Estate Leases.
• Experience working in a BPO/Shared Services environment with exposure to Global Clients.
• Must possess working knowledge of commercial lease agreements.
• Requires previous experience managing data, abstracting leases and/or interpreting lease language.
• Proven ability to understand rent, common area maintenance (CAM), real estate and insurance calculations including pro-rata share calculations, pro-rated rent and CAM calculations and CAM cap calculations.

Preferred Technical and Professional Expertise

• Knowledge of Retail Leases is preferred.
• Prior experience utilizing a lease database.
• Intermediate skills with Microsoft Office Suite and general knowledge of accounting principles.
• Analytical ability and ability to review and abstract large lease/legal documents and data.
• Attention to detail.
• Prior experience utilizing a lease database. Intermediate skills with Microsoft Office.
• Suite and general knowledge of accounting principles.