Financial Services

Mike Hall, B.Comm, CA, a Principal of Wilson, Blanchard Management Inc. is directly responsible for the accounting department.

Paula Davis, B.Comm, and Jeff Lack, BAcc, CGA are directly responsible for the supervision of the accounting staff.  The property management accounting system that has been implemented is Yardi Voyager. This system is a comprehensive solution that gives property owners the maximum benefit of the latest technology. Our staff members are fully trained on this system, both for conversions from other management companies and for ongoing operations.

Financial Statements

It is our priority to have monthly financial statements completed and ready for delivery by the 10th business day of each month.

Payment Automation

Free pre-authorized chequing is available to all of our condominium clients.

Unit Tracking

Our software has the capability of tracking all expenses on a unit or project basis.

Investment Strategy

Through extensive research, we have negotiated a unique package providing security and higher interest rates for reserve and surplus funds.

Payroll

An automated payroll system is in place to ensure that employee records are accurately maintained.

Summary of Financial Responsibilities

	Review and provide accurate monthly financial statements
	Record and deposit all maintenance fees
	Record and report NSF charges
	Collect delinquent accounts
	Prepare and send arrears notices
	Prepare annual budget for approval
	Process all supplier invoices for payment, issue cheques and obtain required signatures
	Arrange for annual audit and provide all supporting data and reports
	Manage the investment of the reserve funds
	Manage the bank operating account
	Issue status certificates within specified time