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 their strategic partner ecosystem and their robust technology platforms across the IBM portfolio, including IBM Software and Red Hat.
Name of the
Organization: IBM
Requisition
ID: 733171BR
Positions: Process
Analyst – Lease Abstraction
Location: Chennai
Salary: As per
company Norms
Required Skills
& Qualifications:
- 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.
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.
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