Lease Abstract
DmholdingsJob Description
Lease Abstract
Job Description – Level 12
Skill required: Finance Processes - Lease Administration and Abstraction
Designation: Management Level - Transaction Processing Associate
What are we looking for?
- Adaptable and flexible
- Agility for quick learning
- Strong domain expertise in Lease Abstract, Lease Setup, Recovery Set-Up, Tower Lease Abstraction/Set-up, CAM Billing & Lease Audit processes.
- Manage queries and clarifications from the Client
- Analyze complex deals and provide guidance to team members
- Perform Review and provide feedback to abstractors.
Roles and Responsibilities
- Abstracting the Key information (Financial Legal) from the Lease Agreements and populating into the Clients Application Software or Excel Spreadsheet.
- Abstracting / Reviewing the critical data with interpretational assumption from the Lease Documents and entering in the Lease Abstract Form.
- Analyzing the Lease Data and Financial information including CAM (Common Area Maintenance), Taxes, Insurance and other Expense Recoveries
- In this role, you are required to analyze and solve lower-complexity problems
- Your day-to-day interaction is with peers within Accenture before updating supervisors
- You may have limited exposure with clients and/or Accenture management
- You will be given moderate level instructions on daily work tasks and detailed instructions on new assignments
- You will need to be well versed with basic statistics and terms involved in the day-to-day business and use it while discussing with stakeholders
Skill Set / Competencies Required
- Very good written English communication
- Paraphrasing Formation of Lease Agreements Clauses
- Analytical and Reasoning skill
- Attention to detail
- Ability to understand the legal language in the lease agreement
- Knowledge in CRE Softwares such as Yardi/MRI/JDE etc would be added advantage
Education and Work Experience
- Graduates/Post-Graduates (Arts, Science Commerce Graduates, Engineering Graduates)
- 2-4 Years of experience in Lease Abstraction Services.
- Experience in the Real Estate/Legal Allied Services Domain would be ideal
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