Financial Management

We characterized with its financial department operating according to the recognized international accounting standards. This department studies the balance sheets and other financial issues of the Company and its clients. The functions of the financial department

Include the following:

  • Preparation of balance sheets and accounting statements of the Company
  • Preparation of balance sheets of real estate portfolios (revenues and expenses)
  • Follow up of all insurance procedures (insurance on client's properties, insurance on workmen, insurance on the Company’s properties and assets including its own properties
  • Follow up of daily collections and revenues as well as the expenses of operations with the Company clients and suppliers under their contracts and obligations
  • Preparation of all daily, monthly and annual financial reports submitted to the clients
  • Preparation of appraisal budgets and financial analyses and follow up their execution
  • Financial control and audit of all Company’s activities