Senior Lease Accountant

6 - 10 years

12 - 15 Lacs

Posted:1 day ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

Looking for Sr. Lease Accountant for well reputed Real Estate company located in Gurugram.

Role & responsibilities

  • Abstract all new leases and lease amendments for company's operating properties every period in accordance with the lease administration standard abstraction procedures.
  • Assist with lease administration as follows:
    • Read and review lease agreements
    • Set up new leases and tenants in the accounting system
    • Input critical lease details into the accounting systems such as tenant up billings, lease logs and lease clauses

    • Assist in the preparation of lease review summaries and the documentation of tenant lease-based assets.
  • Enter straight-line rent information into the system for each lease and lease amendment that is abstracted.
  • For new acquisitions, assist in the lease abstraction, providing the lease administration.
  • Perform the percentage rent calculations in the frequency required per the lease document upon being provided with the sales report for each individual tenant.
  • Assist in the preparation of the annual operating expense reconciliation calculations by tenant.  This will include adding actual information by tenant into the templates, performing recalculations of information, tying out data within the template itself for accuracy and consistency and preparing invoices for tenant reconciliations and transmittal letters.
  • Assisting in the annual rent start letter preparation for tenants.  Enter information into the applicable accounting system for the upcoming year and prepare the final rental and recoveries charge schedule.
  • Support the Senior Accountant and Accounting Manager in the preparation of any ad hoc schedules needed for reporting.
  • Comply with all Company's policies and procedures.

Preferred candidate profile

  • Strong knowledge and application of Generally Accepted Accounting Principles.

  • Perform numerical and financial calculations.

  • Analyze and interpret various types of data in order to draw conclusions and solve problems.
  • Demonstrate extensive knowledge of Microsoft Excel and proficiency utilizing various accounting software and a 10-key calculator.
  • Compose business letters, summaries, and reports, using proper format, punctuation, grammar, diction, and style.
  • Exchange ideas, information, and opinions with others to formulate and/or arrive jointly at
    decisions, conclusions, or solutions.
  • High attention to detail for maintaining accurate records and documentation 
  • Ability to manage high volume and multi-task efficiently
  • European shift (1PM - 10PM)


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