Accounting

At Flaherty & Collins Properties, we are focused on customer service in all aspects of the multifamily industry. Our dedicated accounting team works every day to provide the most up-to-date and accurate financial information to property owners ensuring that we exceed all expectations in quality of service.

• Prepare monthly Financial Statements for each property. Financial Statements and report packages are customizable to meet specific reporting requirements of property owners, lenders and other stakeholders.
• Pay property operating expenses in a timely, efficient and accurate manner.
• Manage property cash flow to insure payment priorities are met on time.
• Reconcile all bank accounts monthly.
• Monitor Debt Service Coverage Ratios and other debt covenants.
• Complete draws from lender-held replacement reserve and capital repair escrows timely.
• Meet all audit and tax reporting deadlines.
• Owners have online access to real time financials.