Lease Abstractor Job in Mri Software Llc

Job Description A chance to work for a global leader in real estate software solutions, a fast-growing software company which has been named to the Inc. 5000 list of fastest-growing private companies in the United States. This exciting opportunity lets you be a part of developing cutting-edge technology by helping to train our proprietary AI engine. 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 Strong 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. Degree in Law preferred Minimum 4 years of experience in lease abstraction work preferably in commercial real estate (including retail). Experience with analyzing data and problem solving Experience in reading, comprehending, and interpreting documents. Benefits: Flexible working arrangements (2 days in the office) Annual performance-related bonus 6x Flexi Fridays: knock 2.5 hours off your day on a Friday Engaging, fun & inclusive culture: check out the MRI Software APAC Insta feed and stories!