Objectives

The primary objective of this tender is to select a qualified service provider to deliver Billing Integration services for Bela-Bela Local Municipality. The goal is to ensure seamless integration of billing systems aligned with municipal financial regulations, including MFMA and mSCOA standards, to improve revenue management, reporting accuracy, and compliance.

Scope

The scope encompasses the review and assessment of revenue and receivables data, ensuring alignment with approved budgets and regulations. Specific tasks include:

• Reviewing the trial balance for billing, collection, and adjustment records.
• Verifying compliance of revenue segments with mSCOA regulations.
• Recommending adjustment entries to correct discrepancies.
• Performing opening balance testing on receivables.
• Aligning audited financial statements with the mSCOA trial balance.

The services are expected to address findings raised by treasury and ensure accurate, compliant billing processes.

Technical Requirements

The technical requirements include:

• Conducting a comprehensive MFMA and mSCOA assessment on revenue and receivables.
• Reviewing the trial balance to ensure correct alignment of billing, collections, and adjustments.
• Verifying compliance with mSCOA standards, including function, funding, and region segments.
• Recommending necessary adjustment entries for discrepancies.
• Performing opening balance testing and addressing any discrepancies.
• Ensuring alignment of financial statements with the mSCOA trial balance.

Skills Requirements

The successful bidder must possess:

• Expertise in municipal financial management, MFMA, and mSCOA standards.
• Experience in revenue and receivables assessment and reconciliation.
• Strong analytical skills to identify discrepancies and recommend corrective actions.
• Knowledge of municipal accounting systems and financial reporting.
• Ability to interpret and apply municipal legislation and regulations.
• Proven track record in conducting similar assessments within local government contexts.