Our Administration & Finance services include, but are not limited to:
• Manage receivables –collect monthly common fees, distribute arrears statements, arrange legal services for lien registration/discharge if required • Process payables with Board approval • Ensure appropriate insurance coverage is in place and negotiate renewals • Issue status certificates • Attend regular Board meetings • Prepare annual budgets and monitor expenditures and cash flow throughout fiscal year to ensure costs are kept in line with approved budgets • Annual general meetings (AGM) – schedule and prepare agenda, assemble AGM package for Board approval, attend at AGM • Accounting - provide general bookkeeping services and submit monthly financial statements to Board of Directors; provide year-end financial statements or liaise with accounting professionals for preparation of audited financial statements (if required)