Financial services
Gittleman provides vigilant oversight and reporting for a more solid financial foundation.
Accounts Receivable
- Track assessment payments on a consistent and timely basis
- Initiate collection proceedings as required, including late fees and letters
- Negotiate payment schedules
- Make conciliation court appearances, as required
- Initiate/coordinate the lien/foreclosure process, as required
Accounts Payable
- Manage payroll and track invoices for all contractual obligations, utilities and service work on a timely basis
Financial Reports
- Prepare and provide on a monthly basis a complete financial report to the Board of Directors to include a balance sheet, income/expense summary, general ledger, cash reconciliation, and aged accounts receivable
Budget
- Prepare an annual budget draft for review by the Board of Directors
Reserve Schedule
- Prepare a long-range replacement reserve schedule and financial plan
Audit /Tax
- Coordinate year-end financial audit and tax return preparation by the association’s independent certified public accountant