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 NegotiationsMarket AnalysisTenant ScreeningsLease Agreement PreparationAnalytical SkillsPublic Speaking and Listening ProficiencyMeeting Critical Deadlines While Maintaining QualityTeam Management and Interpersonal SkillsCORE SKILLSMicrosoftOfficeAdobePhotoshopCitrix Applications (One Source, Scout worksetc)SAP
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