Finan-Analyst-290450

Daily:

1. Review transaction of their property to ascertain that they are correct and posted properly to general ledger.
2. Review cash balance to determine that property has enough funds to pay their liabilities and bank accounts would not be overdrawn. If necessary, prepare transfers to cover accounts.
3. Approve payments based on cash flow and determine if they are correctly coded to general ledger account.
4. Answer or find answer for financial questions from property manager or board members
5. Review and approve check requests
6. Check requests for capital improvement projects should be reviewed to make sure not a duplicate payment and that the attached engineer report indicates proper year-to-date payments and application number

Monthly:

1. Prepare management report. Upon completion of monthly management report, review pertinent information with property account executive as to cash flow, variances, old receivables and old payables. The detailed budget comparison, monthly operating statement and cash flow must be reviewed. This enables the analysts to uncover errors and omissions, such as insurance policies which have lapsed for which renewal invoices have not been paid. Actions should be taken to address these types of findings with the intent of solving them as soon as possible. Also, management reports should be reviewed for wrong bank accounts, line items missing, mapped to wrong line, erroneous accounts being listed, etc.
2. Review the monthly bank reconciliations and attempt to make needed adjustments on a

timely basis: some items will require research and communication with other departments, such as A/R and time sensitive (all new FAs are now preparing the bank recs for the operating accounts)

1. Periodically run a comparison report to determine maintenance, common charge and rent is being charged correctly.
2. Periodically check electric meter charges, cable charges etc. to make sure they are

properly billed and units correctly charged.