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IBM Lead - Lease Abstraction in Chennai, India

Introduction

The Finance & Admin Business Analyst is essential to the ongoing profitable operations for one of the most globally recognized and respected companies in the world. By overseeing our financial activities, you will enable IBM to continue to bring to market ground-breaking innovations such as Artificial Intelligence, Cognitive Solutions, Cloud Infrastructure, and Blockchain technologies, to name a few.

Your Role and Responsibilities

As Rent Management Specialist 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.

  • Assist team with the 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 required accounting principles (GAAP, Tax, Cash, etc.).

  • Prepare invoices for subtenants, reconciles subtenant accounts, reviews incoming invoices for errors/accuracy with lease document and ensure correct coding.

  • Create and maintains client electronic lease files ensuring they contain current and accurate information

  • Perform other duties as assigned.

Required Technical and Professional Expertise

  • 4 to 6 years of experience in Rent Management

  • Bachelors/Master's Degree from a recognized University/College

  • Experience in Real estate services/ Rent Management - Processing of Invoices, Rental Payments, reconciliations, Billing and follow up of outstanding payments

  • Basic knowledge of Lease agreements/documents

  • Experience of working in a BPO/Shared Services environment with exposure to Global Clients

  • Must possess working knowledge of commercial lease agreements

  • Knowledge of Retail Leases preferred. 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

  • Prior experience utilizing a lease database. Intermediate skills with Microsoft Office

  • Suite and general knowledge of accounting principles.

About Business UnitIBM Services is a team of business, strategy and technology consultants that design, build, and run foundational systems and services that is the backbone of the world's economy. IBM Services partners with the world's leading companies in over 170 countries to build smarter businesses by reimagining and reinventing through technology, with its outcome-focused methodologies, industry-leading portfolio and world class research and operations expertise leading to results-driven innovation and enduring excellence.

Your Life @ IBMAre you craving to learn more? Prepared to solve some of the world's most unique challenges? And ready to shape the future for millions of people? If so, then it's time to join us, express your individuality, unleash your curiosity and discover new possibilities.

Every IBMer, and potential ones like yourself, has a voice, carves their own path, and uses their expertise to help co-create and add to our story. Together, we have the power to make meaningful change - to alter the fabric of our clients, of society and IBM itself, to create a truly positive impact and make the world work better for everyone.

It's time to define your career.

About IBMIBM's greatest invention is the IBMer. We believe that through the application of intelligence, reason and science, we can improve business, society and the human condition, bringing the power of an open hybrid cloud and AI strategy to life for our clients and partners around the world.Restlessly reinventing since 1911, we are not only one of the largest corporate organizations in the world, we're also one of the biggest technology and consulting employers, with many of the Fortune 50 companies relying on the IBM Cloud to run their business. At IBM, we pride ourselves on being an early adopter of artificial intelligence, quantum computing and blockchain. Now it's time for you to join us on our journey to being a responsible technology innovator and a force for good in the world.

Location StatementWhen applying to jobs of your interest, we recommend that you do so for those that match your experience and expertise. Our recruiters advise that you apply to not more than 3 roles in a year for the best candidate experience.

For additional information about location requirements, please discuss with the recruiter following submission of your application.

Being You @ IBMIBM is committed to creating a diverse environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, pregnancy, disability, age, veteran status, or other characteristics. IBM is also committed to compliance with all fair employment practices regarding citizenship and immigration status.

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