Capital Markets Operations Associate

Capital Markets Operations Associate

Skill required: Asset Management - Asset Data Management
Designation: Capital Markets Operations Associate
Qualifications:Any Graduation
Years of Experience:1 to 3 years
About Accenture
Accenture is a global professional services company with leading capabilities in digital, cloud and security.Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Technology and Operations services, and Accenture Song— all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 784,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities.Visit us at www.accenture.com
What would you do? Applied Technology & Operations for Markets (ATOM) is a multi-client processing on-demand service platform. A trade processing service for the trading and treasury entities of our clients that they can plug onto in parts or entirely while focusing their efforts on what differentiates them on the market. ATOM BPaaS leverages cloud hosted architectures to deliver high quality run and change services. It integrates infrastructure and IT management services with business processes execution supported by an orchestrated layer of intelligent operations assets."Lease Administration: i) Ensure compliance with lease agreements, set-up / abstract lease documents in a specified client template / database, track lease related documents (leases, amendments and extensions), ii) Manage critical dates (rent review dates, renewal options, termination dates), iii) Track rent payments (verifying accuracy of rent payments and ensure they are paid according to lease terms, track and manage additional costs such as CAM, insurance, property taxes, and other charges, calculate and track rent escalations based on Lease Agreement), iv) Provide timely reports (Monthly/Quarterly Reports, Audit Reports, etc.), v) Document management Property Accounting: i) Responsible for month-end close procedures, including updating close workpapers and variance analysis reports, review of proper income and expense classification, reconciliation of balance sheet and income statement accounts, and ad hoc analysis reports ii) Review expenses and determine when to capitalize versus expense iii) Summarize driver of financial statement fluxes based on major categories from review of financial statement when multiple factors can be contributing iv) Analyze Rental Revenue, Recoveries/Leakage, Non-Recoverable Expense, Bad Debt, Occupancy, Recovery set ups Review income statements and balance sheets to detect potential risks and issues v) Prepare and Finalize Bank Reconciliation vi) Prepaid insurance and operating expenses amortization vii) Prepare Monthly/Quarterly Financial Reporting viii) Ensure and follow up with billing team to ensure all accrued income/billing errors are corrected ix) Build and maintain relationships with Operations, Asset Management and Third-Party Property Managers as the main point of contact for accounting x) Complete various financial, accounting, and other reports and analysis, and perform other duties and/or special projects as assigned or as necessary Due Diligence: CRE Underwriting
What are we looking for? •Agility for quick learning •Problem-solving skills •Process-orientation •Written and verbal communication
Roles and Responsibilities: •In this role you are required to solve routine problems, largely through precedent and referral to general guidelines • Your expected interactions are within your own team and direct supervisor • You will be provided detailed to moderate level of instruction on daily work tasks and detailed instruction on new assignments • The decisions that you make would impact your own work • You will be an individual contributor as a part of a team, with a predetermined, focused scope of work • Please note that this role may require you to work in rotational shifts