Bhavna Bansi
Summary
Results-oriented Leasing Professional with a solid foundation in the leasing & finance domain with 2 years of valuable experience in the leasing industry. Proven expertise in attracting high-quality tenants, maximizing property occupancy rates, and providing exceptional leasing services. Highly collaborative and equipped with strong decision-making skills and the ability to contribute effectively to a team. Highly motivated and customer-oriented professional seeking a leasing position in a reputable real estate company.
Overview
9
9
years of professional experience
16
16
years of post-secondary education
1
1
Certification
Work History
Manager, Accounts Receivable
Brookfield Properties
02.2022 - 09.2022
- Demonstrated expertise in leasing processes, including property tours, lease negotiations, tenant screenings, and lease agreement preparation
- Proven ability to attract and retain high-quality tenants while maximizing property occupancy rates
- Assisted in marketing and leasing activities for commercial properties and food courts
- Successfully negotiated and secured lease agreements with high-profile brands, resulting in a increased percentage in property occupancy rates
- Responded to tenant inquiries, concerns, and maintenance requests
- Co-ordinated with property owners and maintenance staff to ensure prompt resolution of issues
- Attracted and on boarded notable clients, including Wow Momo and Pizza Bakery contributing to the diversification and profitability of the leasing portfolio
- Maintained accurate records of leasing activities and tenant interactions
- Financial Reports: Proficient in generating accurate financial reports, analyzing revenue and expenses, and preparing budget forecasts
- Skilled in monitoring financial performance to ensure alignment with organizational goals
- Coordination: Experienced in efficiently coordinating various activities, including property maintenance, coordination with multiple teams for seamless functioning of each respective property
- Effective at managing vendor relationships and ensuring timely completion of tasks
- Security Deposit Determination: Proficient in assessing and determining appropriate security deposit amounts based on property conditions and lease terms
- Thorough knowledge of relevant legal regulations and requirements
- Maintaining Client Relationship: Adept at fostering strong client relationships through effective communication, addressing inquiries and concerns promptly, and providing exceptional customer service
- Skilled in understanding client needs and tailoring solutions to meet their requirements
- Financial point of contact for Telecom Clients across South India
- During the acquisition of RMZ by Brookfield, I successfully managed the crucial task of extracting and analyzing data from RMZ, diligently matching it with the corresponding clients
- This process enabled me to ensure accurate reconciliation of the books of accounts with each individual client.
Deputy Manager
Prestige Group
Bangalore
09.2020 - 11.2021
- Leasing and Financial point of contact for “The Collection”, UB,
- Leasing (end to end): Ensuring Letter of Intent is signed by the Lessor & Lessee
- Drafting rental agreements for all the new brands acquiring a store or kiosk at UB City
- This includes renewal of agreements, Storage Agreements, change in rental incomes for which side letters are issued, addendums to provide rent reductions or change in name of the company/address etc
- Attracted and on boarded high profile clients: Hugo Boss, Versace, Mango, Rare Rabbit/Rareism, Le- Bistro, Salt, Badmaash through end to end leasing processes including site-visits, rental discussions, term sheets, fit out periods & on boarding
- On boarded Kiosks: Parcos, Royce and Sublime Tea through end-to-end leasing processes
- Played a key role in renewing lease agreements with existing tenants, ensuring high tenant retention rates
- Brands: Third Wave Coffee, Sanchez/Sriracha, Shiro, Canali, Salvatore Ferragamo, Minawala, Vista Alegra, Oma & Farzi Café
- Proven track record of successful lease negotiations and lease agreement preparation
- Security Deposit Determination: Assessment and acquisition of Security Deposit based on the area and the rent per month, from all tenants which is returned at the time of exit
- Conducted property tours, showcase available and provided detailed information to prospective tenants
- Responded to inquiries, scheduled appointments, followed up with leads on a timely basis, conducted background and credit checks on applicants to ensure eligibility, negotiated lease terms, prepared leasing agreements along with signings of designated authorities, co-ordinated move-ins and move-outs, ensured proper maintenance and repairs are completed
- Addressed tenant concerns and maintained positive & on-going relationships with them
- Executing new ideas for the smooth functioning of the mall and providing accurate data to the Marketing department for all brands that require more promotions, aiding increased sales
- Providing accurate financial data of UB City to the audit firm (EY) every quarter and ensuring on time GST filing
- Providing weekly reports to the Directors of the as-on-date financial position of “The Collection” (incomes, outstanding, expenses, etc.)
- Reconciliation: Coordinating with all the brands under to reconcile books and eliminate discrepancies
- Monthly sales analyses aiding revenue sharing invoices, which also helps determine the progress of each brand
- Acquiring outstanding dues from the clients and ensuring all due pending are cleared at a timely basis
- (approx
- INR 3 Cr/month)
Advanced Tax Analyst
Ernst and Young LLP
02.2016 - 08.2020
- Prepare and review VAT Returns for multiple EMEA region clients
- Worked closely with the regional Governments to use their websites to file the respective returns-VAT, Intrastat and EUSL (UK, France, Austria, Finland, Sweden, Netherlands, Cyprus, Luxembourg, Slovakia)
- Maintaining strong relations with clients and VAT controllers by connecting on a regular basis by delivering the VAT Returns on time whilemaintaining quality
- Exploring opportunities to reduce time taken to prepare thereturns
- Training and Development of new joiners and associates and ensuring maximum efficiency is delivered every day
Executive
Target Corporation
04.2013 - 12.2015
- Merchandise Payable
- Invoice Reconciliation:Reconciled Delivery Centre/Store invoices for prompt and accurate payment
- Identifying and analyzing opportunities to improve the paymentprocess
- Vendor Relations: Provided extraordinary customer service to vendors and merchants by resolvingdisputes
- Mentoring:Mentoring andTraining and Development of new joiners and associates
- Reporting: Prepared daily backlog reports and performed backlog allocation to team members which include following up on pending issues and effectively resolvingthem
- Analyzing:Based on raw data (Pre/After Match, Delivery Report, Dispute Packet, Bill of Lading, etc.),analysis and determination of vendor payments
- On vendors return with proof of delivery, verification and analysis of documents,approve or deny payments accordingly
- This was done at 3 levels: Recons, Adjustments andUnpaid
- Vendor Trends:Based on the type of vendors, implementation oftrend analysis to track and share with them, smoothening the payment process
- This helped us avoid unnecessary denials and strengthens vendorrelations.
Education
Bachelor’s - Business Management
Centre For Management Studies, Jain University
Bangalore 06.2009 - 05.2012
ISC -
Delhi Public International School
Singapore 06.2007 - 03.2009
ICSE -
St. Francis Xavier Girls High School
Bangalore 06.1995 - 03.2007
Skills
Lease Negotiationsundefined
Certification
Dual Certification in Global Business Review(GBR)
Affiliations
A member of Toastmasters International (enhancing public speaking skills)- Vice President position, hosted various toastmastersmeets.
Timeline
Manager, Accounts Receivable
Brookfield Properties
02.2022 - 09.2022
Deputy Manager
Prestige Group
09.2020 - 11.2021
Advanced Tax Analyst
Ernst and Young LLP
02.2016 - 08.2020
Executive
Target Corporation
04.2013 - 12.2015
Bachelor’s - Business Management
Centre For Management Studies, Jain University
06.2009 - 05.2012
ISC -
Delhi Public International School
06.2007 - 03.2009
ICSE -
St. Francis Xavier Girls High School
06.1995 - 03.2007
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