Regional Transit Authority of Southeast Michigan

Buyer seeks a qualified firm to provide Financial Management Services functioning as their contracted Accounting Department. The contractor will provide comprehensive financial management including CFO leadership, accounting operations, compliance, grant administration, and support for ERP system transition. The contract term is two years with up to three one-year renewal options. Services include strategic financial oversight, monthly financial reporting, and ensuring compliance with FTA requirements.

• 4/9/2025 - RFP Release Date
• 4/22/2025 - Question Deadline
• 5/13/2025 - Proposal Due Date
• 10/1/2025 - Contract Start Date

• Extensive experience providing CFO-level financial management services
• Expertise in US DOT FTA compliance and grant administration
• Experience with MDOT Accounting systems
• Knowledge of GFOA standards and best practices
• Experience with QuickBooks and Bill.com financial systems

• Function as the RTA's contracted Accounting Department with CFO leadership
• Prepare monthly financial statements for Board presentation
• Coordinate federal and state grant management and compliance
• Manage accounts payable and vendor payments
• Perform monthly reconciliations of bank and P-Card accounts
• Oversee financial audits and prepare supporting documentation
• Lead annual budget development and presentation process
• Support transition to a more robust ERP solution
• Provide strategic financial thought leadership and guidance
• Maintain restricted grant tracking and reporting