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Real Estate Analyst

Oracle
United States, United Statesfull_timeVerifiedPosted 6 May 2024
💰 $112,600/yr($56,200/yr – $112,600/yr)

About the role

Join our dynamic team as a Global Real Estate Lease Administrator, where you'll play a pivotal role in enhancing operational excellence for Oracle’s extensive real estate and data center portfolio. In this position, you'll contribute to our team's success through sharp critical thinking, resourcefulness, and unwavering attention to detail. We are committed to maintaining accurate, timely, and standardized information to ensure the seamless management of lease obligations, calculation of ROU asset/lease liability balances, communication of critical dates, and effective allocation of real estate costs and space, all while meeting reporting standards under ASC 842 / IFRS 16. This role offers opportunities for professional growth and development, with the potential to expand your skills and responsibilities. 

As a Global Real Estate Lease Administrator, you'll manage Oracle’s global real estate and expansive data center portfolio, providing a unique opportunity for global exposure. Your responsibilities include overseeing the day-to-day administration of leases, data center contracts, revenue leases/subleases, facility-sharing agreements, and owned buildings. Your meticulous attention ensures the integrity of portfolio and accounting data across 90+ countries and 60+ currencies, fostering operational efficiency and accuracy at every level. Additionally, you'll handle lease abstraction, modifications, payment of lease obligations, and financial setup in compliance with ASC 842 / IFRS 16 and Oracle’s accounting policies using Oracle’s Financial Lease Management Applications.

Career Level - IC2

Accountabilities:

  • Manage the administration of Oracle’s global lease and/or data center contracts, revenue leases/subleases, and owned buildings
  • Ensure accuracy and integrity of real estate portfolio data
  • Conduct financial setup and payments in compliance with ASC 842 / IFRS 16, Oracle’s accounting policies, and local tax laws
  • Generate invoices and manage rent collection for revenue leases
  • Audit payments against lease provisions for SOX compliance and expense control
  • Communicate with landlords, project managers, and facility managers as needed
  • Support and collaborate with internal teams, including Global Real Estate Organization, Accounts Payable, Accounts Receivable, Tax, Controllers Organization, and Global Finance, as well as external business partners.
  • Adapt to different cultures and industry standards for real estate markets globally
  • Utilize translation technology for abstracting and translating leases
  • Gather, audit, and reconcile data for internal and external business reporting regularly

Skills Required for Success:

  • Strong analytical and critical thinking skills, with the ability to translate complex data into actionable tasks
  • Demonstrated ability to think creatively and resourcefully to solve problems and overcome challenges
  • Meticulous attention to detail and a commitment to data accuracy and integrity 
  • Excellent communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams and influence stakeholders 
  • Ability to thrive in a fast-paced environment with strong organizational skills
  • Flexible, agile, and adept at pivoting to accommodate shifting priorities
  • Proficiency with MS Excel
  • Lease administration, commercial/corporate real estate, or lease accounting experience

Ideal Qualifications:

  • Bachelor’s degree with 3-4 years of experience in Lease Administration and/or Commercial/Corporate Real Estate 
  • Strong financial analysis skills with lease accounting experience
  • Experience in colocation data center administration is a plus
Disclaimer:

Certain US customer or client-facing roles may be required to comply with applicable requirements, such as immunization and occupational health mandates.

Range and benefit information provided in this posting are specific to the stated locations only

US: Hiring Range: from $27.02 to $54.13 per hour; from $56,200 to $112,600 per annum. May be eligible for equity.

Oracle maintains broad salary ranges for its roles in order to account for variations in knowledge, skills, experience, market conditions and locations, as well as reflect Oracle’s differing products, industries and lines of business.
Candidates are typically placed into the range based on the preceding factors as well as internal peer equity.

Oracle US offers a comprehensive benefits package which includes the following:
1. Medical, dental, and vision insurance, including expert medical opinion
2. Short term disability and long term disability
3. Life insurance and AD&D
4. Supple

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Company

Oracle

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