Fee Accountant Services

The Vendor is required to provide fee accountant services for include:
• Monthly bank reconciliations of approximately 4 operations accounts and 10 savings accounts.
• Monthly allocation of payroll & benefits between 4 programs.
• Monthly preparation of internal financial reports (generated from Yardi)
• At minimum, a monthly finance call with authority staff to discuss internal financial reports and review of authority board reporting.
• Review authority operating budgets for all programs
• Close authority books for all programs for the fiscal year.
• Prepare all HUD financial statements as required by reac.
• Provide a year-end synopsis of tax credit projects.
• Provide a synopsis of tax credit projects when requested by the authority executive director on financial reports provided by tax credit staff throughout the year
• Provide financial assistance when needed for ongoing development projects
• Any other accounting issues as requested.
• Monthly voucher management system (“VMS”) data.
• Issuance of 1099’s to vendors.