Comprehensive Financial Management, Advisory, and Operational Support Services

The Vendor is required to provide comprehensive financial management, advisory, and operational support to establish relationships with one or more firms capable of delivering a wide range of financial services on an as-needed basis to supplement internal capacity, provide specialized expertise, and support both ongoing operations and strategic initiatives.
- Requirement:
1. Financial leadership and advisory support
• Act as an extension of the office
• Provide ad hoc analyses requested by the authority, with turnaround times based on scope and complexity
• Provide strategic financial analysis and recommendations
• Support budget development, monitoring, and reforecasting
• Assist with long-term financial planning and capital strategy
2. Accounting and financial operations
• Support general accounting functions and reconciliations
• Assist in preparation of financial statements and reports
• Support month-end and year-end closing processes
• Provide technical accounting guidance, including assistance with any applicable governmental standards and reporting (ex: government accounting standards board)
3. Audit, risk, and compliance
• Preparation and support for external audits
• Conduct internal audits and risk assessments
• Evaluate and strengthen internal control frameworks
• Ensure compliance with applicable federal, state, and local requirements
• Support grant compliance, reporting, and documentation
4. Payroll and related financial administration
• Provide payroll processing support or oversight
• Review and enhance payroll controls and compliance
• Support integration with HR and benefits systems
5. Financial systems and process improvement
• Assess and optimize financial systems and workflows
• Support enterprise resource planning implementation, upgrades, or integrations
• Develop reporting dashboards and data tools
• Identify and implement process efficiencies and automation
6. Special and as-needed projects
• Be responsive to and available on an “as needed” basis to confer with and provide recommendations to the authority
• Perform related tasks as reasonably needed to facilitate goals and objectives of the authority
• Interim or fractional financial management roles
• Financial due diligence and transactional support
• Development or revision of financial policies and procedures
• Procurement and vendor financial analysis.