Financial strength and stability are critical to maintaining the health of your community long term. Omni Management Group understands from experience what it takes to achieve it. We provide expert financial management to every community we work with to develop and act on a plan for building long-term value. Partnering with Omni Management Group can lead to significant savings of time and cost for your HOA. Our comprehensive solutions are designed to collectively maximize your return on investment.
Here’s an introduction to the Financial services Omni Management Group can assist you with:
Account Management
Open insured bank accounts, reconcile all accounts, define a chart of accounts, and create journals
Financial Statements
Prepare customized monthly financial statements and maintain association records
Performance Transparency
Provide balance sheets, P&L statements, income statements, and year-to-date comparisons
Accountant Relations
Coordinate with your accountant to prepare 1099s and file state and federal tax returns
Budget Management
Prepare and maintain annual budget for your community
Fund Distribution
Pay authorized bills, including preparation and distribution of checks
Investment Management
Monitor your investment funds and rollover dates
Charter Enforcement
Sending delinquency notices and violation letters
Collections Services
Supervising collections and working with collection attorneys when necessary
Escrow
Overseeing escrow demands
Financial Security
Managing electronic funds via secured computers
Refinancing and Ownership Transfer
Helping you secure the best rates and facilitating transfer of ownership
Billing
Create and manage special assessment billing
Easy Access
Provide online access to owner financials
Reserve Studies
Assist in Creating reserve studies for long-term capital budget planning
Ready to Get Started?
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