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
Responsibilities
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
+ International Lease Administration
+ Heavy experience in EMEA Lease Administration is a plus
+ MUST be commutable distance to an Oracle office.
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. Supplemental life insurance (Employee/Spouse/Child)
5. Health care and dependent care Flexible Spending Accounts
6. Pre-tax commuter and parking benefits
7. 401(k) Savings and Investment Plan with company match
8. Paid time off: Flexible Vacation is provided to all eligible employees assigned to a salaried (non-overtime eligible) position. Accrued Vacation is provided to all other employees eligible for vacation benefits. For employees working at least 35 hours per week, the vacation accrual rate is 13 days annually for the first three years of employment and 18 days annually for subsequent years of employment. Vacation accrual is prorated for employees working between 20 and 34 hours per week. Employees working fewer than 20 hours per week are not eligible for vacation.
9. 11 paid holidays
10. Paid sick leave: 72 hours of paid sick leave upon date of hire. Refreshes each calendar year. Unused balance will carry over each year up to a maximum cap of 112 hours.
11. Paid parental leave
12. Adoption assistance
13. Employee Stock Purchase Plan
14. Financial planning and group legal
15. Voluntary benefits including auto, homeowner and pet insurance
The role will generally accept applications for at least three calendar days from the posting date or as long as the job remains posted.
About Us
As a world leader in cloud solutions, Oracle uses tomorrow’s technology to tackle today’s problems. True innovation starts with diverse perspectives and various abilities and backgrounds.
When everyone’s voice is heard, we’re inspired to go beyond what’s been done before. It’s why we’re committed to expanding our inclusive workforce that promotes diverse insights and perspectives.
We’ve partnered with industry-leaders in almost every sector-and continue to thrive after 40+ years of change by operating with integrity.
Oracle careers open the door to global opportunities where work-life balance flourishes. We offer a highly competitive suite of employee benefits designed on the principles of parity and consistency. We put our people first with flexible medical, life insurance and retirement options. We also encourage employees to give back to their communities through our volunteer programs.
We’re committed to including people with disabilities at all stages of the employment process. If you require accessibility assistance or accommodation for a disability at any point, let us know by calling +1 888 404 2494, option one.
Disclaimer:
Oracle is an Equal Employment Opportunity Employer*. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability and protected veterans’ status, or any other characteristic protected by law. Oracle will consider for employment qualified applicants with arrest and conviction records pursuant to applicable law.
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