The Company will deliver to each holder of at least [500,000] shares of Preferred, (i)[un] audited annual financial statements within [90] days following year - end, (ii) unaudited quarterly financial statements within [45] days following quarter - end, (iii) unaudited
monthly financial statements within [30] days of month - end, and (iv) annual business plans.
Not exact matches
Full
financial service packages, including itemized tracking of all incoming and outgoing funds is included
within the service, providing owners with
monthly cash flow and P&L
statements.
Automated various functions
within the department including daily balancing reports,
monthly branch
financial reports, holding company balance sheet and income
statement, comparative balance sheet, budget import process and budget monitoring reports
Property Management — Duties & Responsibilities Coordinate regular maintenance and repairs as well as emergency resolution through the efficient management of maintenance team and general / sub-contractors, also participating in restoration and renovation projects to ensure timely completion
within designated budgets Develop annual property budget and monitor with
monthly variance reports, preparing
financial statements and various regular and ad - hoc reports on property status, including occupancy rates and lease expirations Provide relevant oversight and administration to tenant build - outs, utility service termination and transfer, supply purchasing, and building consolidation processes Support firm management to aid in effective customer service, maintenance, and general property operations, delegating important tasks and assignments while overseeing all critical management aspects Organize, manage, and execute all aspects of the lease process, facilitating the ease of operational aspects as well as price / term negotiations, rental agreement reviews, rent collection, impounds, and tenant eviction as necessary Generate increased revenue through tenant referrals as well as consistent lease renewals through effective service and timely issue resolution Identify and develop talent among hired staff and property personnel, utilizing focused training efforts
within a performance - based work environment designed to utilize the critical strengths of assistants, supervisors, and techs Provide continuous assessment of property usage and needs, while furnishing oversight and guidance regarding effective preventative maintenance programs, renovation considerations, and cost reduction / control measures Maintain a strong working knowledge of the leasing property, respective marketplace, and general economic trends Act as a liaison between clients, vendors, sales personnel, support staff, and senior management to facilitate information flow and drive operational efficiency
Financial Clarity •
Financial statements need to be in industry standard formats • Operate with an annual budget and
monthly comparative analysis • Reduce and / or eliminate all debt • Eliminate all ownership «perks» that aren't directly related to the real estate business • Align and adjust all associate and employee compensation and benefit plans
within industry norms • Eliminate all unnecessary operating expenses
If the brokerage is contracted to provide
monthly accounting
statements (other than the requirements laid out
within the Council Rules), request that the brokerage receive regular
statements from the other
financial institution / broker in order to report the strata corporation's complete
financial position.