On August 22, 1989, Senate Bill No. 397 was signed into law by Governor
Kean. This bill professionalized the position of Chief Financial Officer
and further required that such position be created by ordinance by the governing
body of each municipality in the State of New Jersey.
The requirements that must be satisfied in order to make application
to sit for Municipal Financial Officer certification examination are as follows:
B. Citizen of United States;
D. Certificate or diploma issued after at least four years
of study in an approved secondary school or received an academic education
considered and accepted by the Commissioner of Education of the State as fully
equivalent;
E. Graduated from a four-year course at a college of recognized
standing, or may substitute full-time experience in a position as a municipal
director of finance, fiscal officer, municipal comptroller, assistant comptroller,
supervisor accounts payable, municipal treasurer, assistant municipal treasurer
or deputy treasurer in any local unit on a year-for-year basis;
F. Successfully completed or has been instructor of following
courses:
(1) Municipal Finance Administration.
(2) Municipal Current Fund Accounting I and II.
(3) Municipal Capital and Trust Fund Accounting.
(4) Municipal Utility Fund Accounting.
(5) Municipal Budget Preparation and Capital.
(6) Principles of Financial Management.
G. Each application must be accompanied by a fee of $25
and filed 30 days prior to the date of the examination.
The Township Committee of the Township of Manalapan does hereby establish and create the position of Chief Financial Officer. Such position shall be subject to the requirements of §
26-2 of this chapter and those responsibilities as set forth by N.J.S.A. 52:27BB-26 et seq. and N.J.S.A. 40A:9-140, as amended.
Commencing on January 1, 1991, no person shall be appointed or reappointed
as a Chief Financial Officer unless he or she holds a Municipal Finance Officer's
certificate, or unless, on or before August 22, 1988, he or she has been granted
tenure.