Lease Analyst I (3 - 11 Months)
Mri Software
Job Title: Lease Analyst I
Location: Gurgaon
A real estate lease abstractor will be responsible for performing day-to-day activities related to lease administration, including abstracting critical lease information and entering data into lease abstraction software. In addition, there is a strong emphasis on the quality of data abstracted because this information will be used by numerous other departments within the client organization.
Key Responsibilities
Abstract and interpret commercial lease documents such as leases, amendments, subleases, termination agreements, etc. Input lease data into lease abstraction/accounting platforms like Leverton, ProLease, MRI etc
Review peer abstracts to ensure all critical lease data is captured and entered accurately into accounting/lease system platform including tenant billing information, lease dates, square footage, recurring charges, lease option, etc
Track and work with internal client stakeholders to obtain required documentation related to development milestones, rent commencement notices, etc
Review and maintain Consumer Price Index tables and process annual CPI rent escalations
Maintain and update tenant/landlord naming & use descriptions for reporting purposes
Flag items requiring additional information to follow up with client stakeholders
Coach and train the new team members on the lease abstraction process
Develop workflows for increasing the overall abstraction accuracy of the team
Desirable Skills for an Abstractor
3 months - 1 year experience in Lease Abstraction domain specifically in US Real Estate industry back office operation ranging from Office, Retail and Industrial Portfolio
Clear understanding of contractual terminologies
She/He should be interested in conducting research and should have an eye for details.
Ability to read, comprehend, and interpret standard to moderately complex documents
Strong attention to detail with a commitment to accuracy and quality while meeting goals and deadlines
Ability to learn new applications and processes with limited oversight
Priority setting, organization and time-management skills
Strong verbal and written communication skills
High level of professionalism, trust, and integrity
Flexibility, eagerness to learn, and desire to work in a fast-paced and evolving organization.
Qualification
Graduate by education.
Experience with analyzing data and problem solving
Experience in reading, comprehending, and interpreting documents.
Experience in lease abstraction work preferably in commercial real estate (including retail).
Benefits:
Annual performance-related bonus
6x Flexi knock 2.5 hours off your day on any day.
Engaging, fun & inclusive culture: check out the MRI Software APAC Insta feed and stories!
About Us
From the day we opened our doors, MRI Software has built flexible, game-changing real estate software that powers thriving communities and helps make the world a better place to live, work and play. Fulfilling that mission is only possible because of one thing: exceptional people. People like you!
Our people-first approach to PropTech is defining a new industry standard for client experiences that, quite frankly, can’t be duplicated. Experiences that deliver real value every day. And we know those experiences begin with our people.
We believe MRI is more than just a workplace; it’s a connected community of people who truly feel they belong. Whether we’re investing in employee resource groups or providing tailored resources for each person to reach their full potential, we’re passionate about creating a work environment that makes you excited to show up every single day.
At MRI, one of our core values is to strive to amaze. From the intelligent solutions we create to the culture we cultivate, that’s our goal every day. Because that’s what industry leaders do. Whether you’re joining as a new Pride member or rejoining us after a short time away, your talent is vital to us, our partners and our clients.
Amazing growth requires amazing employees. Are you up to the challenge?
We know confidence gap and imposter syndrome can get in the way of meeting remarkable candidates, so please don’t hesitate to apply. We’d love to hear from you!
MRI is proud to be an inclusive employer. We welcome and celebrate diversity across all backgrounds, including ethnicity, religion, sexual orientation, gender identity, disability, age, military, veteran status and more.
We believe that Belonging is a direct result of Diversity, Equity, and Inclusion. Those values are woven into the fabric of who we are and are foundational to our continued success. Come and see for yourself!