Strata & Financial Management.

We coordinate regular day-to-day processing of payments including:

• Review and quality assurance of all invoices prior to payment; and

• Liaising with Executive Committee’s for approval of payments and purchases.

We prepare quarterly financial statements including:

• Reconciliation of all bank accounts; and

• Maintenance of Corporate Register in accordance with part 7 of the ACT Unit Titles (Management) Act 2011.

We actively participate in the following meetings or related activities:

• Assist in the preparation and attendance of any meetings; and

• Prepare financial and operational reports required to be distributed before or at the above meetings.

We provide support to the Executive Committee, particularly;

• Support with and application of the latest ACT legislations;

• Assistance responding to possible breaches under the relevant House Rules;

• Managing access arrangements including the issue of access devices; and

• Prepare certificates for issue as per the Unit Titles (Management) Act 2011.

We maintain appropriate records and prepare the following reports annually:

• Financial statement including Profit and Loss and Balance Sheet;

• Preparation of the Annual Budget and distribution to Owners; and

• Reporting on sinking fund activity.

We facilitate the preparation of financial reports for inclusion in Executive Committee reports including:

• Liaising with the Executive Committee and/or Treasurer;

• Monthly executive summaries indicating any trends or anomalies;

• Management and distribution of quarterly levy notices; and

• Reporting on debtors, action lists and cash position.

We provide the following services in respect of insurance:

• Obtain quotations for the renewal of insurance policies through our managed broker and follow Executive

• Committee instructions;

• Arrange insurance evaluations as required;

• Prepare, lodge and manage routine insurance claims; and

• Declare any commissions associated with insurance.