10 Costar Jobs

The Process Operations Lead will have the responsibility of overseeing and standardizing the Record-To-Report ("RTR") processes for fixed assets and associated end-to-end business processes, including accounting for intangible assets and leases (collectively, Fixed Assets). You will collaborate with operational accounting teams to gather and analyze data, design process metrics, and Key Performance Indicators (KPIs) to assess the health of processes. Additionally, you will drive the implementation of process improvements, track open items, testing, and defect resolution, and provide general production support activities. Your role will involve advancing and accelerating the close process, enhancing the efficiency of accounting processes, and ensuring timely deliverables. As the Process Operations Lead, you will guide operational accounting teams in handling and resolving complex bottlenecks and issues that impact fixed assets and lease accounting. You will provide support to global process owners, project managers, and operations in terms of policy, process documentation, and insights. Furthermore, you will assist in developing and documenting process narratives, standard operating procedures, job aids, flowcharts, and training documents. Ensuring SOx compliance will be a crucial aspect of your role by adhering to internal control requirements, maintaining documentation of key processes and controls, and enhancing the control environment with effective controls. You will serve as a financial and accounting subject matter expert to business partners regarding Fixed Assets, offering guidance on both the technical and business aspects of the RTR processes. Collaboration with Risk & Controls will be essential to identify risks and design/enhance processes and controls necessary to comply with Company policy. Staying informed about upcoming changes to accounting pronouncements related to Fixed Assets will be part of your responsibilities. You will work with technical accounting counterparts to quantify impacts and implement changes to processes or policies as required. Additionally, you will support the implementation of RTR enterprise technology solutions, including SAP S/4HANA. Furthermore, you will support internal order/project accounting processes and SAP fixed assets master data administration. You will also administer the financial accounting aspects of the Company's global lease accounting system, CoStar. Collaboration with cross-functional teams, such as Tax, FP&A, P2P, Real Estate, and Technology, will be necessary in your role. You will also be assigned other duties and special projects as needed, which may include analysis, automation, process standardization, transitions, among others. Key Skills: - Specialized Diploma - Chartered Accountant - Extensive knowledge (8+ years) - Understanding of US GAAP/IFRS and SOx - Experience with SAP S/4HANA, CoStar, OneStream, and BlackLine - Minimum of two years of practical experience in process design and improvement methodologies (Kaizen, 6S, BPM) Pre-Employment Screening: If your application is successful, your personal data may be used for a pre-employment screening check by a third party as permitted by applicable law. The pre-employment screening may include employment history, education, and other information necessary for determining your qualifications and suitability for the position, depending on the vacancy and applicable law.,

The Global Real Estate Property Administration team oversees a firm-wide real estate portfolio in more than 60 countries, comprising 6,100 properties and 74 million square feet. As an Analyst in the Global Real Estate Property team, you will support the governance of the Non-US third party outsourced lease administration portfolio. You will collaborate closely with the Global Real Estate Accounting team to ensure accurate financial reporting and internal controls according to FASB ASC 842 and IFRS 16. Your responsibilities will include managing the contractual relationship with the 3rd party service provider, reviewing complex legal documents, maintaining relationships with various stakeholders, tracking financial activities, identifying exceptions, and responding to ad hoc requests. The qualifications for this role include a Bachelor's Degree, at least 3 years of lease administration experience in a fast-paced environment, strong analytical and communication skills, ability to work under pressure, and proficiency in technology tools like SAP, CoStar, and Excel. Preferred qualifications include a degree in Accounting, Real Estate, Business, Legal, or related field.,

As a Team Lead in credit risk assessment for a US bank, you will be responsible for leading a team of 4-6 analysts specializing in the evaluation of (i) Commercial Real Estate (CRE) loans and (ii) Commercial and Industrial (C&I) loans. Your primary focus will be on CRE expertise, with C&I knowledge considered an additional asset. Your role will involve overseeing the analysis and reports prepared by analysts, as well as engaging with clients regularly to discuss analytical aspects of the work and project pipeline. Key responsibilities include conducting research and assessment of the credit strength of CRE and C&I entities. For candidates with CRE experience, your background should include tasks such as sourcing updated operating statements, rent rolls, and valuation reports. Proficiency in financial spreading tools like Sageworks, conducting CRE cash flow analysis, and preparing detailed credit reports is essential. Familiarity with tools such as CBRE, CoStar, RCA, REIS, Moodys CMM, as well as knowledge of Intex and Bloomberg, will be advantageous. For those with C&I experience, in addition to the above requirements, responsibilities will include spreading financials (Audit, Business Tax Returns, Personal Tax Returns, etc.) using tools like Sageworks and CreditLens. You will also analyze and calculate qualifying income from various tax documents like 1040s, Schedule E, 1065, 1120, 1120S, K1, and transcripts. Understanding tools like nCino, Salesforce, RMA reports, as well as knowledge of Intex and Bloomberg, will be beneficial. Furthermore, you will support franchise building activities by contributing to the writing of blogs and articles. Education and Experience: - Minimum Educational Qualification: CA/ MBA/ CFA/ FRM - Minimum Experience Required: 7+ years of work experience, with a preference for candidates with relevant expertise in CRE and C&I credit risk assessment.,

The Global Real Estate Property Administration team oversees a firm-wide real estate portfolio spanning over 60 countries with more than 6,100 owned and leased properties totaling approximately 74 million square feet. As an Analyst within this team, your primary role will involve assisting in maintaining governance, feedback, and guidance for the Non-US third-party outsourced lease administration portfolio team. This position is aligned with the Global Real Estate department and is pivotal in ensuring the integrity of financial reporting and internal control environment. Your key responsibilities will include: - Assisting in managing the contractual relationship with the 3rd party service provider for the outsourced lease portfolio, offering guidance and serving as an escalation point for issues. - Collaborating closely with the Global Real Estate Accounting team to guarantee the accuracy and completeness of abstracted lease details in accordance with FASB ASC 842 and IFRS 16. - Reviewing, analyzing, interpreting, and summarizing complex legal documents such as Leases, Amendments, Assignments, Termination Agreements, and Contracts. - Cultivating and maintaining relationships with landlords, tenants, internal, and external business partners across various sectors like Facilities Management, Consumer Bank Distribution Network, Design and Construction, Global Security, Critical Systems, and Energy and Sustainability to facilitate effective collaboration and issue resolution. - Tracking, updating, and providing detailed information on significant income/expense financial activities on a monthly basis. - Identifying deviations from standards, investigating root causes, and escalating to the supervisor or partners as necessary. Addressing ad hoc requests received through shared or individual mailboxes and phone in a timely manner. To qualify for this role, you need to meet the following requirements: - Bachelor's Degree in a relevant field. - Minimum of 3 years of experience in lease administration within a high-volume, fast-paced environment. - Proven ability to work independently, take ownership of tasks, and collaborate effectively within a team. - Strong analytical, communication (verbal and written), listening, and interpersonal skills. Demonstrated capability to perform well and communicate effectively under pressure. - Excellent multi-tasking skills and ability to work hands-on in a fast-paced setting to meet deadlines. - Proficiency in technology tools such as SAP, CoStar, database management, and worksheet-modeling tools like Excel and Access. Preferred qualifications include a degree in Accounting, Real Estate, Business, Legal, or a related field.,

We are looking for a passionate, energetic individual to join our lending services division at a senior position. You will be leading delivery team members engaged with end-to-end lending life cycle activities across CRE products. You shall also actively involved in expanding our CRE franchise by supporting the sales team and explaining the clients about our lending services including automotive platforms. You will work closely with senior leadership of delivery, and technology solution teams to manage client deliverables and further expand our offerings through various value propositions. You shall ensure that delivery teams strictly adhere to agreed client SLAs and ensure active reporting of required MIS and dashboards Key Skills Deep understanding of various CRE lending products and platforms Knowledge of U.S. Commercial Real Estate (CRE) industry across all property types - Multifamily, Office, Retail, Industrial, Lodging and Healthcare Knowledge of Property Operating Statements and Rent Roll analysis Experience in analyzing CRE loan originations, analyzing third-party reports (appraisal, environmental, and engineering) and preparation of Asset Summary Report Experience in underwriting commercial properties by analyzing financial, leases and rent roll Understanding of mortgage documents, origination procedures including underwriting and monitoring Deep understanding of recourse loans including Guarantor Analysis Ensure deliverables are met as per client SLAs by various delivery teams Productivity, Quality & TAT Excellent written, verbal communication, logical & analytical skills Experience in working with sales to create marketing collateral and responding to RFPs Experience in drafting SOPs Ensuring compliance with company policies and guidelines Minimum 5 years of team management experience including clients Key Responsibilities Help grow the CRE business Responsible for adherence to client SLAs and Policies Working across functions and stakeholders with a high degree of influence leading to successful outcomes Identify ways for improvement in efficiency gains and process improvement Responsible for value addition in deliverables across different process within loan life cycle Mentoring the junior team members and reviewing their deliverables Responsible for on-time identification and escalation of risks and mitigants Actively partner with Acuity technology solutions team to identify and provide client appropriate technology driven offerings Interested candidates may reach out to me at alka.sinha@acuitykp.com

Real Estate Depository: Create process management tools for data management in CoStar, in conjunction with the lease administration and lease finance teams. Ensure each Lennox leased or owned property is accurately identified in CoStar as to property type, use, business unit, and all lease terms. Create reporting standards for all leased and owned real estate. Create ad-hoc reports as needed. Real Estate Process: Manage lease renewal, relocation, new location process: Deal approval tracking. Obtain Lennox lease agreement signatures for all leases based on company s approval level policy. Gather and provide all supporting documentation for a transaction to the lease accounting lease administration team. Landlord registration in Lennox AP system. Initiate and track all landlord AR entities registration to ensure timely payment of all rent obligations. Work with company s insurance brokers to ensure compliance with lease specified Certificate of Insurance criteria. Create process to track and provide utility information to landlord, if required by lease. Collaborate with third-party broker team to ensure timely and efficient project management. Property Maintenance: Create report identifying property maintenance requirements of tenant and landlord based on the lease and circulate to local leadership as needed. Verify specific maintenance responsibilities as requested by regional operations. Qualifications Bachelors degree in real estate, business administration, or a related field. Minimum of 3 years of experience in real estate management or a related field. Strong analytical and problem-solving abilities. Experience managing budgets and financial resources. Experience in industrial and retail real estate. CoStar proficiency preferred. Strong project management skills. Ability to work effectively in a fast-paced environment.

Real Estate Depository: Create process management tools for data management in CoStar, in conjunction with the lease administration and lease finance teams. Ensure each Lennox leased or owned property is accurately identified in CoStar as to property type, use, business unit, and all lease terms. Create reporting standards for all leased and owned real estate. Create ad-hoc reports as needed. Real Estate Process: Manage lease renewal, relocation, new location process: Deal approval tracking. Obtain Lennox lease agreement signatures for all leases based on company s approval level policy. Gather and provide all supporting documentation for a transaction to the lease accounting lease administration team. Landlord registration in Lennox AP system. Initiate and track all landlord AR entities registration to ensure timely payment of all rent obligations. Work with company s insurance brokers to ensure compliance with lease specified Certificate of Insurance criteria. Create process to track and provide utility information to landlord, if required by lease. Collaborate with third-party broker team to ensure timely and efficient project management. Property Maintenance: Create report identifying property maintenance requirements of tenant and landlord based on the lease and circulate to local leadership as needed. Verify specific maintenance responsibilities as requested by regional operations. Qualifications Bachelors degree in real estate, business administration, or a related field. Minimum of 3 years of experience in real estate management or a related field. Strong analytical and problem-solving abilities. Experience managing budgets and financial resources. Experience in industrial and retail real estate. CoStar proficiency preferred. Strong project management skills. Ability to work effectively in a fast-paced environment.

Company Profile Lennox (NYSE: LII) Driven by 130 years of legacy, HVAC and refrigeration success, Lennox provides our residential and commercial customers with industry-leading climate-control solutions. At Lennox, we win as a team, aiming for excellence and delivering innovative, sustainable products and services. Our culture guides us and creates a workplace where all employees feel heard and welcomed. Lennox is a global community that values each team member's contributions and offers a supportive environment for career development. Come, stay, and grow with us. Job Description Real Estate Depository: Create process management tools for data management in CoStar, in conjunction with the lease administration and lease finance teams. Ensure each Lennox leased or owned property is accurately identified in CoStar as to property type, use, business unit, and all lease terms. Create reporting standards for all leased and owned real estate. Create ad-hoc reports as needed. Real Estate Process: Manage lease renewal, relocation, new location process: Deal approval tracking. Obtain Lennox lease agreement signatures for all leases based on company's approval level policy. Gather and provide all supporting documentation for a transaction to the lease accounting & lease administration team. Landlord registration in Lennox AP system. Initiate and track all landlord AR entities registration to ensure timely payment of all rent obligations. Work with company's insurance brokers to ensure compliance with lease specified Certificate of Insurance criteria. Create process to track and provide utility information to landlord, if required by lease. Collaborate with third-party broker team to ensure timely and efficient project management. Property Maintenance: Create report identifying property maintenance requirements of tenant and landlord based on the lease and circulate to local leadership as needed. Verify specific maintenance responsibilities as requested by regional operations. Qualifications Bachelor's degree in real estate, business administration, or a related field. Minimum of 3 years of experience in real estate management or a related field. Strong analytical and problem-solving abilities. Experience managing budgets and financial resources. Experience in industrial and retail real estate. CoStar proficiency preferred. Strong project management skills. Ability to work effectively in a fast-paced environment.

Company Profile Lennox (NYSE: LII) Driven by 130 years of legacy, HVAC and refrigeration success, Lennox provides our residential and commercial customers with industry-leading climate-control solutions. At Lennox, we win as a team, aiming for excellence and delivering innovative, sustainable products and services. Our culture guides us and creates a workplace where all employees feel heard and welcomed. Lennox is a global community that values each team member's contributions and offers a supportive environment for career development. Come, stay, and grow with us. Job Description Real Estate Depository: Create process management tools for data management in CoStar, in conjunction with the lease administration and lease finance teams. Ensure each Lennox leased or owned property is accurately identified in CoStar as to property type, use, business unit, and all lease terms. Create reporting standards for all leased and owned real estate. Create ad-hoc reports as needed. Real Estate Process: Manage lease renewal, relocation, new location process: Deal approval tracking. Obtain Lennox lease agreement signatures for all leases based on company's approval level policy. Gather and provide all supporting documentation for a transaction to the lease accounting & lease administration team. Landlord registration in Lennox AP system. Initiate and track all landlord AR entities registration to ensure timely payment of all rent obligations. Work with company's insurance brokers to ensure compliance with lease specified Certificate of Insurance criteria. Create process to track and provide utility information to landlord, if required by lease. Collaborate with third-party broker team to ensure timely and efficient project management. Property Maintenance: Create report identifying property maintenance requirements of tenant and landlord based on the lease and circulate to local leadership as needed. Verify specific maintenance responsibilities as requested by regional operations. Qualifications Bachelor's degree in real estate, business administration, or a related field. Minimum of 3 years of experience in real estate management or a related field. Strong analytical and problem-solving abilities. Experience managing budgets and financial resources. Experience in industrial and retail real estate. CoStar proficiency preferred. Strong project management skills. Ability to work effectively in a fast-paced environment.

Key Responsibilities The Senior Accountant, Lease Accounting will be responsible for: Overseeing the monthly (quarterly, annual) closing process related to leasing. Assessing and consistently applying accounting treatment for new and existing lease activities globally across all brands, and ensuring decisions align with accounting policy. Ensuring accounting in accordance with US GAAP, local GAAP and compliance with both internal and external requirements. Monthly closing reports, variance analysis and reconciliations in accordance with US GAAP and covering the Sox framework, and own the compliance aspect regarding this. Managing footnote information for SEC filings, as well as information for local statutory filings. Fielding lease accounting inquiries and addressing complex lease accounting issues. Managing the lease management system, i.e. CoStar, for all brands globally. Reviewing the completeness and accuracy of abstracted lease agreements in the lease management system for all brands globally. Maintaining lease accounting schedules within the lease management system. Analyzing, importing, and maintaining global accounting inputs for FX rates and discount rates in the lease management system. Partnering with Technical accounting to ensure completeness and accuracy of complex leases and accounting assumptions. Reviewing alerts in the lease management system to identify potential issues that need to be researched. Taking the recommended actions to correct issues, where appropriate. Generating and reviewing monthly lease journal entries; distributing monthly and quarterly close reports, including reconciliations, disclosures, commitments, maturity analysis, forecasts, and other related reports to brand accounting teams. Reconciling assigned balance sheet accounts monthly; resolving reconciling items on a timely basis. Preparing monthly variance explanations for income statement and balance sheet accounts, including providing financial details to leaders to facilitate business decisions. Partnering with the Real Estate and Lease Administration teams to provide financial analysis on the lease portfolio to help drive decisions at the Senior Management level. Executing standardized control procedures, and ensuring internal controls are effectively maintained for assigned tasks. Ensuring compliance with accounting policies. Providing support on both statutory and US financial audits and requests from internal and external auditors. Partnering with the Global Process Owner on various initiatives. Enacting continuous process improvements across lease accounting and lease administration functions and cross-functionally in conjunction with other teams, when applicable. Interfacing with cross-functional teams, including Tax, FP&A, P2P, Real Estate and Technology Supporting and engaging in complex and cross-functional innovation and improvement projects in accounting and across finance. Other duties and special projects as required (e.g., reporting, analysis, automation, process standardization, etc.). Knowledge and Skills Minimum 5+ years of related professional experience, preferably with a GL or technical accounting team of a US Multinational Company Chartered Accountant / BCOM / BBA degree Understanding of US GAAP. Experience with ASC 842 OR IFRS 16, preferred. Technical accounting experience, preferred. Experience with SAP S/4HANA , CoStar , OneStream, and BlackLine, preferred. Excel proficiency required. Experience with Microsoft Office and Google Workspace tools, preferred. Detail-oriented, strong analytical skills Excellent verbal and non-verbal communication skills Demonstrated ability to multitask and meet deadlines within a fast-paced environment Accountability and Trust. Unquestionable integrity and ethics.