Philippos Orfanos

He is responsible for the supervision of the books of the Provident Fund, always under the control of the Audit Firm of the Fund which today is PWC.

Matters of the Management Committee

a. Participation in the meetings of the Management Committee

b. Organization of the General Meetings and distribution of the circulars to the hotels.

Accounting system

a. To control the updating of the accounting system in respect of all registrations and to prepare the Trial Balance each month.

b. To prepare reports on the balances of the members, balances of loans, payments, deposits, balance of the General Account, repayment of loans, incomes resulting from interest rate, rents and dividends.

c. To prepare Reconciliations.

d. To prepare the monthly payroll.

e. To deposit the Accounts of the Fund to the competent authorities.

Transactions of the Provident Fund

a. To deal with all transfers to and from the General Account.

b. To examine invoices, applications of loans and resignations and to control the calculations for the issue of cheques.

c. To charge the interest rate at the end of the year to the loans.

d. To carry out controls of the actions and statements of the Provident Fund.

Operation of the Fund

a. Provision of service to the members