Cognizant is hiring for the position of Lease & Financial Operations Analyst in Chennai, India. Candidates with a Bachelor’s/ Master’s Degree are eligible to apply for this position. The complete information, eligibility criteria, and requirements are provided below.
Job Description:
| Company Name | Cognizant |
| Position | Lease & Financial Operations Analyst |
| Qualification | Bachelor’s/ Master’s Degree |
| Batch | 2020/ 2021/ 2022/ 2023/ 2024/ 2025 |
| Experience | Freshers/ Experienced |
| Location | Chennai, India (Hybrid) |
Key Responsibilities:
Lease Administration
- Manage the end-to-end lease lifecycle, including drafting, execution, renewal, amendment, and termination of leases.
- Maintain accurate and up-to-date lease records within lease management systems.
- Track and monitor critical dates such as renewals, expirations, and escalations to ensure timely action.
- Serve as the primary point of contact for lease-related inquiries from landlords, tenants, and internal teams.
Financial Analysis & Reporting
- Reconcile rent payments, CAM (Common Area Maintenance) charges, and other lease-related financial obligations.
- Support monthly and quarterly financial close activities, including preparing journal entries and accruals.
- Assist in maintaining compliance with lease accounting standards (ASC 842 / IFRS 16) and provide audit support as required.
- Prepare lease abstracts, variance reports, and financial summaries for review by leadership.
Compliance & Risk Management
- Ensure all lease terms and conditions comply with internal policies, legal standards, and regulatory requirements.
- Collaborate with legal, procurement, and finance teams to review and approve lease contracts.
- Support internal and external audit processes by providing necessary documentation and analysis.
Process Optimization
- Identify opportunities to improve efficiency in lease management and financial workflows.
- Contribute to system upgrades, data migrations, and automation initiatives to enhance process effectiveness.
- Maintain and update standard operating procedures (SOPs) and internal controls documentation.
Eligibility Criteria:
- Bachelor’s/ Master’s Degree
About Company:
Cognizant is a global professional services firm that transforms clients business, operating, and technology models for the digital era. Our distinct industry-based, consultative approach assists clients in envisioning, building, and operating more innovative and efficient businesses. Cognizant, headquartered in the United States, is ranked 185 on the Fortune 500 and is consistently ranked among the world’s most admired companies.
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