The vendor is required to provide individuals and accounting firms interested in providing claims audit functions for the village for fiscal year June 1, 2025, to May 31, 2026.
- The claims audit function will be performed in order to allow or reject all accounts, claims, charges or demands against the village in accordance with laws, regulations, and village policy.
- Services include:
• Be familiar with the practice and use of co-operative bidding, procurement, county contracts, and state contracts.
• Perform the following duties twice a month:
○ Review all purchase orders and vouchers prepared for that period.
○ Review all supporting documents for each purchase order and voucher and ascertain that all supporting documents for each claim are attached.
○ Confirm that the invoice and/or purchase order has been approved by an authorized employee.
• Confirm that each payment includes the following:
○ Approved purchase order attached
○ The purchase order is dated prior to the invoice date
○ An authorized employee signed the receiving report indicating work and/or materials delivered to the village are satisfactory and complete
○ The address on purchase order matches invoice
○ The invoice was approved for payment
○ All goods and services are clearly described on the invoice
○ The goods and/or services on the invoice match the purchase order
○ The purchase order estimated cost is comparable to the invoice
○ Confirm that sales tax is not being paid.
○ The invoice is mathematically accurate
○ Current contract and or quotes, where applicable, is attached to purchase order or voucher
○ Proper budget line allocation
• trace any payments made to consultants or for professional services to contract or board minutes.
• For conference and/or travel reimbursements verify that supporting documentation and original receipts are attached to all payments.
• Trace any payments for employee fringe benefits to contract and supporting documentation and review for proper tax treatment.
• Verify that cumulative purchases associated with an open purchase order do not exceed the approved limit.
• Verify that all bids and quotes obtained were in accordance with general municipal law.
• Confirm all invoices and supporting documents are attached and check to make sure no duplicate payments are made.
• The individual vouchers and the warrant/abstract should be certified by the claims auditor.
• Perform any other functions, duties and responsibilities associated with the claims auditor position and as may be further directed by the village manager.
• Provide reports to the treasurer, village manager and mayor and board on a monthly basis and meet with the mayor and board on at least an annual basis or as deemed necessary by the board
• In the event the claims auditor believes that fraud and/or theft has been or may have been committed by any village employee, he or she is to immediately notify the village treasurer and village manager.
• Additional responsibilities of the auditor include periodic testing and evaluation of one or more areas of the village’s internal controls including, but not limited to:
○ Certification of payroll
○ Physical payroll audit
○ Review of the bank reconciliations and treasurer’s report
○ Review of payroll processes and related controls
○ Review bill payment signing procedures and related controls.
- Contract Period/Term: 1 year
- Questions/Inquires Deadline: July 09, 2025
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