Do you possess good knowledge in lease administration? Do you have prior experience in processing lease requests and abstraction? If so, you may be a good fit. At Deloitte, we provide customer services and develop new products and services to sustain competitive advantage, while they consolidate and standardize a diverse collection of systems, processes, and functions. In the role of Lease Analyst, you will be responsible for reviewing and processing lease requests, abstraction, trending analysis and requesting TI allowance from the vendors.
Work you'll do
As an Associate, Analytics and Insights on the Real Estate Services (RES) team, you will be responsible for:
- Abstract new lease documents into the Real Estate Technology System (RETS) and prepare tenant improvement summaries for new leases, including cash, dates, funding requirements, and sunset rules where applicable
- Maintain rent vendor information, including processing new vendors and vendor changes through the accounts payable system
- Support the monthly rent run by preparing invoice backup, compiling spreadsheets for analysis, and completing month-to-month comparisons
- Process subtenant cash receipts and monthly billing activities, including annual rent escalations, and maintain trending analysis worksheets for annual operating expense escalations
- Prepare lease surrender checklists, monitor building ownership changes, and support monthly, quarterly, annual, and ad hoc reporting
The team
The Deloitte Real Estate team consist of an integrated, cross-functional group of outstanding resources with every role critical to our successful project delivery. Our team being young and part of fast growing Real estate services vertical with collaborative culture and dynamic professionals we encourage team members to go ahead of the learning curve and create process improvement opportunities. Real Estate Services (RES) Team is focused on improvement of our workplace design through occupancy analysis, Lease administration, systems enhancement and project management process. Quality is our top priority, and by focusing on innovation, we continue to raise the bar on quality and deliver greater value to Deloitte.
Location: Hyderabad
Shift Timings: 2 PM to 11 PM
Qualifications
Required:
- Bachelor's degree or postgraduate degree
- 3-4 years of experience in lease administration, lease abstraction, and reporting
- Experience reviewing lease agreements, lease-related documents, and business communications to extract data for lease administration systems and reporting
- Experience preparing lease abstracts and supporting lease administration reporting activities
- Knowledge of commercial real estate documents and leasing processes
- Advanced proficiency in Microsoft Excel and Microsoft PowerPoint
Preferred:
- Experience with U.S. commercial real estate lease abstraction
- Experience with operating expense reconciliations
- Experience working with a U.S.-based company
- Experience using third-party lease administration database programs