Finance and Reporting

Luxury Property Finance Management (Family Office Focus)

Financial Oversight: Manage all financial aspects of the luxury property portfolio, ensuring proper handling of income, expenses, and investments.

Budget Development & Management: Create and manage annual budgets for property operations, maintenance, renovations, and other expenses.

Bank Account Management: Oversee and reconcile multiple property bank accounts, ensuring all transactions are accurate and timely.

Payments & Invoicing: Process all property-related payments (vendors, contractors, utilities, etc.), ensuring accurate and timely payment of invoices.

Financial Reporting: Prepare financial reports for property owners or stakeholders, summarizing income, expenses, and overall financial health of the property portfolio.

Accounting Document Management: Maintain organized records of all accounting documents, including invoices, contracts, receipts, and financial statements for easy access and audit purposes.

Cash Flow Management: Monitor and optimize cash flow, ensuring sufficient funds are available for ongoing property needs and projects.

Tax & Compliance: Ensure compliance with all tax regulations, handling property-related tax filings and working with external accountants or tax advisors.

Internal & External Communication: Liaise with financial institutions, external auditors, and legal advisors to ensure proper financial management and reporting.

Risk Management: Identify risks and work to mitigate them through proper planning, and insurance safeguards.

This role ensures comprehensive financial management for luxury property owners,
blending day-to-day accounting with long-term financial strategy, much like a Family Office would do.