The selected Contractor shall, at a minimum, perform the following services: 1. Account reconciliations in the SHARE software system between sub-ledgers and general ledgers using balance sheet accounts, revenue accounts, and expense accounts. 2. Reconciliation and preparation of audit work-papers and schedules for the various department funds financial statement. 3. Assist Department staff with inventory reconciliation activities and capital asset reconciliations and certifications. The department uses the consumption-basis for inventory accounting and may need assistance in validating the perpetual average value for inventory items. 4. Assist Department staff with quality assurance activities in the area of billing for federal programs. 5. Assist the Department in reconciling the Department’s debt service and bond project accounts and related escrow accounts. 6. Assist the Department in reconciling the Department’s debt service for the FHWA bond reimbursement. 7. Assist the Department in reconciling and preparing the FHWA Highway Statistics 500 Reports (including, but not limited to, reports 531, 532, 534, 536, 539, 541, 542, 543, 551M, 556, 561, 562, 566, and 571). 8. Other activity in support of the Department’s financial reporting and preparation for the financial statement audits as directed by Department management. 9. The Contractor shall report directly to the Department’s Accounting Services Management or designee.
