1. That the Authority hereby retains the Accountant for the said Authority in matters concerning the maintenance of the accounting books and records of the Housing Authority of the Borough of Carteret. 2. Accountants submitting proposals to the RFP must be a Certified Public Accountant (CPA) licensed in the State of New Jersey and must not be under sanction from HUD. 3. That the said Accountant shall perform the following: MONTHLY ACTIVITIES - Review all cash disbursements posted by the bookkeeper. - Post all accounts to the general ledger. - Prepare all journal vouchers. - Prepare all monthly project based financial statements, (for the Board). - Prepare all monthly project based actual to budget reports, (for the Board). - Counsel Board and Staff on investments. - Review monthly bank statements, analytical ledger and rent rolls. - Accounting for all Grants. - Prepare monthly bank reconciliations. ANNUAL ACTIVITIES - Preparation of project based operating budget, including all required revisions, salary calculations and preparations, fringe benefits & longevity calculations, etc. - Perform all accounting in compliance with the HUD Asset Management and Project based Accounting Requirements. - Preparation of year-end financial statements. - Preparation of requested year-end adjustments, (Utility, TII, Audit).
