Accounting and Financial Consulting Services

The Vendor is required to provide for accounting and financial consulting services.
- Preparation of the annual budget, including meetings with District staff and Board of Directors that may be required by the District.
- Preparation of 10 years cash flow projections during each budget cycle.
- Assistance with mid-year budget review if requested, including meetings with District staff and the Board of Directors that may be required by the District.
- Year-end closing of the District's accounting books and records in accordance with Generally Accepted Accounting Principles to prepare for the annual audit.
- Preparation of year-end and/or interim schedules that may be required by the District's independent auditors.
- Coordinate annual financial statement audit and interim fieldwork.
- Monthly analysis and reconciliation of the District's General Ledger balance sheet accounts and bank accounts to ensure up-to-date and accurate accounting records are reported to District Management.
- Prepare journal entries needed to close the District books each month, including, but not limited to payroll entries, cash debit and credit entries, accruals, and reclassifications.
- Track spending of the agency bond proceeds and reconcile to country Bank each month. Provide separate accounting for management review.
- Create separate classes for grants and other cost centers and reconcile back to supporting documents.
- Preparation of monthly financial statements (Budget to Actual, Balance Sheet).
- Advisory and implementation of best practices based on vast experience with other government agencies.
- Train staff as needed on financial/accounting related processes.