Trust Administration for a large international client’s IPP project which is an on-going project. The high-level scope of works includes conducting a Community Needs Assessment, Community Development Plan and the annual budget thereof, Trust Administration establishment and management thereof.
Activities for the Trust establishment include the development of:
- Annual budget
- Trust fund management policies and procedures
Activities for the Trust Administration include:
- Managing bank accounts, dividend payments and payments to beneficiary projects
- Management of annual audits and statutory SARS submissions
- Review of Trial balance and annual financial statements
- Secretarial duties including meeting planning and minute taking, updating and maintaining governance documents, general documentation preparation and record keeping
- Communications and submissions to the Master of High Courts, stakeholders, and Trustees
- Statutory registrations
- Trustee appointments and resignation support
- Coordination of applicable procurement processes and general administration support to Trustees
- Handling social grievances
- Reporting to various stakeholders