Outsourced Finance and Accounting Services

The government authority located in Ontario is seeking a vendor to provide outsourced finance and accounting services appropriate to the scale and complexity of its operations. The agency needs a combination of transactional accounting support, monthly reporting, compliance administration, audit preparation, governance reporting support, payment administration, and limited financial advisory support. The selected partner will help the organization maintain financial accuracy, ensure compliance, and support internal controls and financial governance. The scope of work covers transaction processing and bookkeeping, which includes managing accounts receivable, accounts payable, corporate credit card activity, and general ledger records. The agency also requires treasury and banking support, including bank reconciliations, processing bank fees, and preparing monthly cash flow reporting. Additionally, the project covers payroll administration support, tax and compliance administration, monthly financial reporting, governance and management support, year-end and audit support, and payment administration and controls. Bidders must be onshore organizations located in Canada to be eligible for this opportunity. The agency is looking for budget proposals within the submitted bids rather than specifying a pre-determined budget. Bidders must submit their responses digitally via email or online, though the agency has not specified key dates or specific evaluation criteria in the source documentation.