Financial Administration
- Prepare annual budgets and leasing plans.
- Prepare monthly financial reports including operating report (income & expense), balance sheet, rent roll and resident summary.
- Collect rental income, deposit fees, concession income and other revenue. Initiate collection action as necessary.
- Account for and bank all funds received from the Property and make payment of operating expenses in accordance with the approved budget and management agreement.
- Maintain constant surveillance of actual and co
mmitted expenditures to assure efficient control over operating account disbursements.