Financial Services
- Collection of monthly common expense fees including all other accounts receivable;
- Verifying and approval of all invoices and prompt disbursement of same;
- Maintaining of Corporation's financial records (on-site where possible);
- Investment of surplus Operating Funds and Reserve Funds;
-
Financial Statements (monthly, bi-monthly, quarterly) as necessary, comprising:
- Balance Sheet;
- Budget Variance Report, monthly and year-to-date;
- Aged Accounts Receivable Report;
- Accounts Payable and Accrued Liabilities Report; and
- Cash Disbursement Report;
- Reserve Fund and Investment Report;
- Bank Reconciliation Report
- Preparation of Annual Operating Budget.
- Preparation of year-end working papers for annual audit.
- Reserve Fund Financial Plan administration
