Financial Management Services

FIM can provide a full range of accounting and financial management services for private property funds, including the following.

  • Maintain the accounting records
  • Liaison with independent valuers
  • Preparation of regular or ad-hoc financial information for internal purposes, in a format and level of detail to suit the directors’ requirements
  • Provision of annual financial statements, including liaison with auditors
  • Ensure compliance with accounting standards and best practice, and provision of advice on same
  • Opening and operation of bank account(s)
  • Assistance in raising debt finance and capital restructurings
  • Processing of investment settlement and expense payments, and more generally cash management
  • Calculation or checking of management fees and performance fees
  • Expense forecasting and budgeting, including detailed variance reporting
  • Calculation and recommendations regarding dividends (if applicable), and monitoring solvency requirements

More generally, the nature and scope of these services is to fulfil most or all of the roles that a CFO employed directly by the Company would undertake.