The vendor is required to provide for fee accounting services for the one (1) year period commencing around July 1, 2025 and ending on June 30, 2026.
- Include for services:
• Establish and maintain the accounting books and records, including monthly postings to the general ledger.
• The books must be maintained in accordance with generally accepted accounting principles (GAAP) and the classification and description of accounts as prescribed by the department.
• Prepare and file budgets, reports, financial statements and forms as required by new jersey state law, development, the department of community affairs (“DCA”), and the housing authority.
• Prepare and electronically submit all financial reports as needed
• Attend meetings with the housing authority board of commissioners (“board”), housing authority staff, development, development auditors, and independent auditors as requested by the executive director.
• Prepare reconciliation of balances of tenants’ accounts whenever the summary of transaction with tenants (as furnished by the housing authority) does not agree with the accountant’s control records.
• Prepare audit work papers for independent audit.
• Prepare monthly financial reports for housing authority board meetings.
- Contract Period/Term: 1 years