Finance & Investment Management

Our Account Management team and the computerised accounting system ensure your Corporation financial records are updated in real time.

• Records are always available for audit access and inspection.
• All Corporation funds are directly credited to the client’s trust ledger and held in the Corporation Management Trust Account compliant with legislation and are fully audited.
• We prepare and distribute contribution notices in accordance with adopted budgets.
• In addition to normal payment methods we are able to receive funds via electronic funds transfer EFT, BPay and credit card with a number of clients choosing a hassle free Direct Debit arrangement leaving the timely payment of contributions to our Accounts Management team.
• We establish and maintain an Administration Fund for recurrent expenditure and Sinking (Invested) Fund for non-recurrent expenditure.
• Each Fund has specific financial reporting requirements to the Corporation’s elected Treasurer and members.
• We follow up on the collection of contributions and arrears management.
• We pay all of the Corporation’s accounts and charges, as directed, from the respective Funds.
• We prepare Budgets, Financial Statements, Business Activity Statements, Quarterly Treasurer Reports and other reports required for the proper financial control of the Corporation’s Funds.
• We maintain appropriate wage and related records required by law in respect of Corporation employees.
• Funds Investment – we handle all necessary banking requirements and invest funds, compliant with the Act and in accordance with the arrangements of our banking advisors.
• Monies invested from Sinking Funds earn higher rates of interest to achieve satisfactory returns for Corporations.