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Senior Lease Analyst - Abstraction

  • Posted 20 hours ago
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Job Description

Senior Lease Analyst

JBS Lease Administration (Gurugram)

Reporting to: Team Lead/Assistant Manager Lease Administration

Key Stakeholders: Account managers, Hub Leads, Clients and their teams

Direct Reports: Nil

What this job involves:

High level of independence

Do you work independently without close supervision We can offer you an exciting role where you can use this passion to enhance your skills and deliver consistent and qualitative Lease Administration Abstraction services for JLL Clients. You will liaise with internal parties to obtain appropriate lease documentation, work closely with colleagues within other Lease Administration teams to ensure workload is completed in a timely and accurate manner and escalate issues where required. This may include scope discussions; abstract critical and key information from leases and other contract documentation; abstract information into various lease database systems.

Highest qualitative delivery

  • Core Responsibilities:
  • Serve as the first point of escalation for a group of property managers, clients, and the offshore lease administration team regarding lease administration queries and instructions.
  • Conduct lease abstractions for new setups, renewals, assignments, and modifications
  • Maintain control sheets/calendars and ensure accurate MRI data capture
  • Manage monthly tasks: rent reviews, minor adjustments, PLI certificates, LA reporting review
  • Collaboration & Support:
  • Attend monthly/quarterly lease administration meetings
  • Provide CALA and MRI training to Property Managers
  • Support Property Managers with ad-hoc tasks, client reporting
  • Attend monthly meetings with Property Managers in preparation for next months rentup.
  • Liaise with tenants, owners, and internal teams when necessary
  • Quality Assurance:
  • Manage abstraction with weekly reviews
  • Maintain accurate record keeping and data integrity
  • Drive standard processes and improvements across lease administration functions
  • System & Data Management:
  • Manage MRI and CALA Workflow System
  • Maintain consistency between tenancy schedules and master data
  • Review Acumen queries and MRI Quality Dashboard
  • Handle CALA processes, training, access and monthly reviews
  • Advanced Functions:
  • Conduct various audits (lease, bank guarantees, PLI, market reviews)
  • Support Property Manager
  • Review client Lease Admin reporting and action as required
  • Serve as MRI champion, including system imports and transition

Key Result Areas

  • Accuracy of Lease Data Management: Timely and error-free entry, validation, and updating of all lease information, including key terms, financials, and critical dates.
  • Compliance and Risk Management: Ensuring all lease obligations, legal requirements, and internal controls are met and identifying and mitigating risks proactively.
  • Financial Management: Accurate processing of rents, outgoings, rent reviews, lease incentives, and other charges in accordance with lease terms and company policies.
  • Critical Date Management: Monitoring and actioning critical dates for renewals, options, rent reviews, expiries, and break clauses to avoid missed deadlines.
  • Reporting and Analytics: Delivering clear and timely lease reports and analysis to key stakeholders, tailored to client or business requirements.
  • Stakeholder Engagement: Promptly responding to queries from internal teams, clients, landlords, and tenants, and supporting decision-making processes.
  • Process Improvement: Identifying and implementing process efficiencies in lease administration systems, documentation, and workflows.
  • Document Management: Maintaining organised, complete, and up-to-date lease documentation and correspondence for audit and operational purposes.

Sounds like you To apply, you need to have:

Impeccable expertise

  • We're looking for B. Com/BBA/MBA, having Lease Abstraction expertise with at least 3-5 years of experience in Property Management experience required with a thorough knowledge of Property related functions and Retail Shop Lease Act.

Immaculate knowledge

  • You should possess sound computer skills in Microsoft Office (MS Excel, Outlook)
  • Strong Project Management Skills
  • Excellent Communication – Written and Verbal
  • Lease Reading / Interpretation of legal documents, exceptional experience required
  • Advanced Word and Excel
  • Accounting/Lease Administration knowledge
  • Hands on Experience on MRI tool

Avid Reader and fast learner

If you have an interest in Reading, strong comprehension and paraphrasing skills, then this job is a perfect match for you. This job involves Innovative thinking, effectively manage self and other emotions, Self-motivated and a strong team player and delivery of the work in tight operational deadlines. We are looking for a candidate who is highly accountable and work with least supervision.

What we can do for you:

At JLL, we make sure that you become the best version of yourself by helping you realize your full potential in an entrepreneurial and inclusive work environment. We will empower your ambitions through our dedicated Total Rewards Program, competitive pay and benefits package.

Apply today!

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About Company

Job ID: 152528395

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