Financial

Assist the Board of Trustees with the preparation of the annual estimate of income and expenditure for submission to the Body Corporate for approval and determination of levies;
Review the estimate of expenditure monthly;
Maintain full records of the administration, including proper books of account, in terms of normal accounting principles;
Prepare monthly income and expenditure accounts and balance sheet, together with arrears’ report, for submission to the Board of Trustees;

Prepare annual financial statements and arrange audit of same by an auditor nominated by the Body Corporate;
Collect levies and/or any other income due to the Body Corporate as advised by the Trustees and the deposit of all such receipts into the Body Corporate bank account;
Exercise reasonable credit control, being the work involved in the collection of arrears up to the point of commencement of litigation;
Verify and pay, from available funds, all accounts payable by the Body Corporate;
Pay salaries, wages, Unemployment Insurance Fund and Workmen’s Compensation, PAYE and Regional Services levies, etc.