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Lease - CAM Reconciliation
Mri Software
Perform CAM/YEB reconciliations, expense analysis, and tenant billing per lease agreements.
7d ago
Junior (1-3 years), Intermediate (4-7 years), Experienced (8-12 years)
Full Time
Greater Chennai Area
Hybrid
Company Size
3,000 Employees
Service Specialisms
Property Management
Real Estate Accounting
Investment Management
Lease Administration
Budgeting & Forecasting
Facility Management
Reporting & Analytics
Compliance Management
Sector Specialisms
Real Estate
Property Management
Asset Management
Lease Management
Property Accounting
Commercial Real Estate
Residential Real Estate
Community Living
Role
What you would be doing
reconciliation
billing sops
quality control
data analysis
audit support
process improvement
- Collaborate with Lease Admin and Property Management teams to ensure accurate Results.
- Assist in developing and updating standard operating procedures (SOPs) related to billing and reconciliation.
- Review and provide feedback on complex Reconciliations/YEB/Estimate calculations end to end.
- Lead the end-to-end Reconciliation process for assigned properties/portfolios.
- Perform in-depth quality control checks on calculations, data integrity, and supporting documentation.
- Gather and analyze actual operating expenses from the General Ledger, Verifying Invoices, Receipts, and other financial records related to Additional Rent.
- Thoroughly review Agreements & LA, to understand Additional-Rent clauses, exclusions, CAPs, Gross-up, AF & MF, provisions, and Pro-rata share calculations for each tenant.
- Provide insights and recommendations based on reconciliation outcomes to inform budgeting and forecasting processes.
- Ensure all Recon calculations comply with Lease terms, Accounting Standards.
- Calculate and process true-up adjustments.
- Prepare detailed Reconciliation, comparing estimated tenant payments against actual expenses.
- Maintain detailed workpapers, documentation, and audit trails.
- Support audit and review requests from tenants or third-party auditors.
- Act as a key liaison and subject matter expert for internal and external Teams.
- Identify opportunities to streamline and improve Year-end billing and Reconciliation processes for greater efficiency and accuracy.
What you bring
bachelor’s degree
ms-excel
data validation
property software
team-building
3+ years
- Bachelor’s degree preferred
- Soft Skills
- Proactive and results-oriented mindset.
- Proficient in MS-Excel
- Team-building skills, with a proven ability to motivate, develop, and manage a team
- Experience with property management software is plus
- Good Communication with interpersonal skills
- Deep Data Validation & Analysis is must skill
- Highly organized with the ability to manage multiple priorities and meet tight deadlines in a fast-paced environment.
- Excellent written and verbal communication skills, with the ability to explain complex financial information clearly
- 3+ years of progressive experience in Reconciliation & YEB and Estimate calculation.
- 6x Flexi: knock 2.5 hours off your day on any day.
- Technical Skills –
- Engaging, fun & inclusive culture: check out the MRI Software APAC Insta feed and stories!
- Hybrid working arrangements
- Medical insurance coverage for extended family members.
- Annual performance-related bonus
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Interview process
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Company
Overview
1971
Year Founded
MRI Software was established in 1971 and has grown to become a global leader in real estate technology.
- Headquartered in Cleveland, Ohio, the company offers innovative software solutions tailored to real estate and investment management.
- MRI's platform allows organizations to make smarter decisions, streamline operations, and improve tenant and investor relations.
- The company serves a diverse range of industries, from residential to commercial real estate, empowering businesses to maximize value.
- MRI's expertise spans property management, investment management, and financial reporting, addressing every aspect of real estate operations.
- It continues to grow through acquisitions, expanding its product offerings and reinforcing its position as an industry leader.
- A standout feature of MRI Software is its ability to provide flexible, customizable solutions, ensuring that every client receives a tailored experience.
- With a global presence, MRI has cemented its role as a key player in transforming how real estate is managed and invested in.
- Be nice. Do good. Act with integrity.
- Get it done. Move smart. Make it happen. Take responsibility.
- Strive to amaze. Astound clients. Delight partners. Wow everyone.
- Be fearless. Aim high. Be bold. Innovate without limits.
- Enjoy the ride. Have fun. Embrace change. Celebrate wins.
$630,000 saved
Energy Solution Impact
Clients using the energy solution achieved significant savings and reduced their environmental footprint across 12 sites.
22 million kW reduction
Energy Efficiency Achievement
The solution helped clients reduce energy consumption across 12 sites, contributing to sustainability goals.
- Facilitate journey to Net Zero or Carbon Neutrality via comprehensive carbon reporting and automated GHG tracking.
- Provide tools to track electricity, renewable energy, gas usage, and employee mileage across the entire organization.
- Deliver highly accurate calculation tools to manage science-based targets, track performance, and capture organizational baseline.
- Offer dashboards and analytics to identify energy-saving opportunities and verify savings per IPMVP standards.
- Enable sustainability accounting, opportunity identification, and actionable change in one integrated platform.
May 23, 2023
CEO Pledge Date
CEO signed the CEO Action for Diversity & Inclusion pledge to foster a workplace that values diverse perspectives.
ERG Established
Women and Allies ERG
The Women and Allies Employee Resource Group (ERG) was established prior to May 2023 to support gender diversity initiatives.
May 2023
LGBTQIA+ ERG Launched
The PRISM LGBTQIA+ Employee Resource Group was launched in May 2023 to promote inclusion for LGBTQIA+ employees.
Four Pillars
DEI Strategy
The company's diversity, equity, and inclusion strategy is built on four pillars: People, Culture, Community, and Marketplace.
- Formed partnerships with Coding Black Females, AnitaB.org, WITI, INROADS, and Steel City Codes to support underserved and underrepresented groups.
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