Upload Button Icon Add office photos
Engaged Employer

i

This company page is being actively managed by IBM Team. If you also belong to the team, you can get access from here

IBM Verified Tick

Compare button icon Compare button icon Compare
4.1

based on 21.1k Reviews

filter salaries All Filters

3233 IBM Jobs

Process Analyst - Lease Abstraction

2-4 years

₹ 3.5 - 4.2L/yr (AmbitionBox estimate)

tooltip
This is an estimate of the average salary range for this position. It has not been reviewed by the company, and the actual salary may differ.

Chennai

Process Analyst - Lease Abstraction

IBM

posted 18hr ago

Job Description

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 our strategic partner ecosystem and our robust technology platforms across the IBM portfolio, including IBM Software and Red Hat.

Curiosity and a constant quest for knowledge serve as the foundation to success in IBM Consulting. In your role, you'll be supported by mentors and coaches who will encourage you to challenge the norm, investigate ideas outside of your role, and come up with creative solutions resulting in groundbreaking impact for a wide network of clients. Our culture of evolution and empathy centers on long-term career growth and learning opportunities in an environment that embraces your unique skills and experience.

Your Role and Responsibilities
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.


Required Technical and Professional Expertise
  • 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 Expertise
  • 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.


Employment Type: Full Time, Permanent

Read full job description

IBM Interview Questions & Tips

Prepare for IBM Process Analyst roles with real interview advice

People are getting interviews at IBM through

(based on 1.5k IBM interviews)
Job Portal
Company Website
Referral
Campus Placement
Walkin
Recruitment Consultant
39%
14%
12%
10%
5%
4%
16% candidates got the interview through other sources.
High Confidence
?
High Confidence means the data is based on a large number of responses received from the candidates.

What people at IBM are saying

3.6
 Rating based on 15 Process Analyst reviews

Likes

Salary is ok to CTC Always one or other functions will be there but if u attend the function u need extend in your working hours Trips - Food in quarterly budget is good

Dislikes

Worst management no proper HR policies, Manager is superior and no value for individual ideas and innovations. Overall ill rate 3 out of 5

Read 15 reviews

Process Analyst salary at IBM

reported by 106 employees
₹3.2 L/yr - ₹6.1 L/yr
24% more than the average Process Analyst Salary in India
View more details

What IBM employees are saying about work life

based on 21.1k employees
78%
84%
66%
79%
Flexible timing
Monday to Friday
No travel
Day Shift
View more insights

IBM Benefits

Work From Home
Soft Skill Training
Health Insurance
Job Training
Cafeteria
Free Transport +6 more
View more benefits

Compare IBM with

Oracle

3.7
Compare

TCS

3.7
Compare

Cognizant

3.8
Compare

Accenture

3.9
Compare

Infosys

3.7
Compare

Capgemini

3.8
Compare

Wipro

3.7
Compare

Deloitte

3.8
Compare

Google

4.4
Compare

Amazon

4.1
Compare

Amdocs

3.8
Compare

SAP

4.2
Compare

Microsoft Corporation

4.1
Compare

Tech Mahindra

3.6
Compare

PwC

3.4
Compare

Ernst & Young

3.5
Compare

Nagarro

4.0
Compare

NetApp

3.9
Compare

Salesforce

4.1
Compare

SAS

4.4
Compare

Similar Jobs for you

Process Analyst at IBM India Pvt. Limited

Chennai

2-4 Yrs

₹ 1-5 LPA

Process Analyst at IBM India Pvt. Limited

Chennai

2-4 Yrs

₹ 1-5 LPA

Process Analyst at IBM India Pvt. Limited

Chennai

2-4 Yrs

₹ 4-6 LPA

Process Analyst at IBM India Pvt. Limited

Chennai

2-4 Yrs

₹ 4-6 LPA

Process Analyst at IBM India Pvt. Limited

Bangalore / Bengaluru

2-4 Yrs

₹ 4-8 LPA

Process Associate at IBM India Pvt. Limited

Chennai

0-3 Yrs

₹ 2-5 LPA

Lease Analyst at MRI Software

Gurgaon / Gurugram

2-6 Yrs

₹ 4-8 LPA

Process Analyst at IBM India Pvt. Limited

Chennai

4-6 Yrs

₹ 6-8 LPA

Process Analyst at IBM India Pvt. Limited

Chennai

4-6 Yrs

₹ 6-8 LPA

Process Analyst at IBM India Pvt. Limited

Bangalore / Bengaluru

4-6 Yrs

₹ 6-8 LPA

Process Analyst - Lease Abstraction

2-4 Yrs

Chennai

18hr ago·via naukri.com

Application Developer: Oracle Cloud Middleware

3-8 Yrs

Gurgaon / Gurugram

7hr ago·via naukri.com

Application Developer: Oracle Cloud Middleware

3-8 Yrs

Kolkata

7hr ago·via naukri.com

Senior QA / Test Developer

6-9 Yrs

Pune

7hr ago·via naukri.com

Application Developer-Sterling Order Management

5-8 Yrs

Bangalore / Bengaluru

7hr ago·via naukri.com

Package Consultant-Workday Finance Planning

2-7 Yrs

Hyderabad / Secunderabad

7hr ago·via naukri.com

Backend Developer_ Java

2-4 Yrs

Bangalore / Bengaluru

7hr ago·via naukri.com

Process Analyst - Finance and Administration Delivery

2-4 Yrs

Noida

7hr ago·via naukri.com

Data Engineer: Data Integration

2-5 Yrs

Hyderabad / Secunderabad

7hr ago·via naukri.com

Application Developer: SAP ABAP

5-7 Yrs

Coimbatore

7hr ago·via naukri.com
write
Share an Interview