What is a lease buyer and how to become one

Key steps to become a lease buyer

1. Explore lease buyer education requirements

   Most common lease buyer degrees

   Bachelor's

   70.8 %

   Master's

   10.4 %

   Associate

   8.3 %

   Show more

2. Start to develop specific lease buyer skills

   Skills	Percentages
   Lease Preparation	46.19%
   Ownership Reports	41.07%
   Lease Purchase	12.74%

3. Complete relevant lease buyer training and internships

   Accountants spend an average of 3-6 months on post-employment, on-the-job training. New lease buyers learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as a lease buyer based on U.S. Bureau of Labor Statistics data and data from real lease buyer resumes.

4. Research lease buyer duties and responsibilities

   • Negotiate and manage purchase orders for mechanical, electrical and electronic commodities, as well as items fabricate per engineering specifications.
   • Transport crude oil to LACT and rail terminals in the Bakken
   • Review and approve all recurring billings, percentage billings, CPI calculations and SLR calculations.
   • Review in-term leases for HBP, expiration, and top lease clauses in effort to acquire renewable leases.

5. Apply for lease buyer jobs

   Now it's time to start searching for a lease buyer job. Consider the tips below for a successful job search:

   1. Browse job boards for relevant postings
   2. Consult your professional network
   3. Reach out to companies you're interested in working for directly
   4. Watch out for job scams