Accounting Services
The purpose of the Request for Proposal is to obtain accounting services beginning 1st September 2009.
The accounting services will consist of the following:
Post all cash receipts and disbursement transactions to books of original
entry maintained on PC-based accounting software (software already in place).
Prepare monthly financial reports detailing all operating revenues,
expenditures, and other fund balance transactions of the FES, and deliver
them to the FES Administration Officer, by the 15th of the following month.
Prepare quarterly cash flow projections detailing all forecasted operating
revenues, expenditures, and other transactions foreseen and deliver them
to the FES Administration Officer, 3 weeks prior to the commencement of
the next quarter.
Reconcile all FES bank accounts.
Prepare annual financial statements and co-ordinate the preparation of
budgets for the next financial period and business plan.
Submit quarterly tranche documents to the appropriate central government
authorities.
Compile National Statistics Office returns.
Prepare Management Accounts.
Assist the external auditor by the preparation of schedules and any other
duties deemed necessary
Offer general financial consultancy.
The proposer may be required to attend FES Board meetings when
required.
The proposer will not be required to perform any other administrative
functions, such as initiating or approving transactions.
All records will be maintained by the proposer in accordance with public
financial regulations, but remain the property of FES. Any and all records
will be surrendered to the FES upon request.
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The proposer will not release records or information related to the FES
unless an application for public information has been submitted and
approved by the FES Board.
