There shall be a Department of Finance and the financial business of the Township shall be committed to said Department which shall be headed by the Chief Financial Officer of the Township. The Chief Financial Officer must meet all requirements of L.1988, c. 110,[1] and shall carry out the responsibilities set forth under N.J.S.A. 52:27BB-26 et seq. The Chief Financial Officer, in addition to serving as Director of Finance, may also serve as head of the Division of the Treasury (Township Treasurer). The Chief Financial Officer shall receive such compensation as provided in the Salary Ordinance.
[1]
Editor's Note: See N.J.S.A. 40A:9-140.1 et seq.
The Director of Finance shall:
A. 
Be Chief Financial Officer of the Township under the direction of the Township Manager.
B. 
Supervise the work of the Department and its Division.
C. 
Be responsible for:
(1) 
The accounting, pre-auditing and control of all Township revenues and expenditures.
(2) 
The custody, receipt and disbursement of Township funds.
(3) 
The safety and investment of the Township's funds.
(4) 
The management of Townships debt.
(5) 
The development of financial policies for recommendations to the Manager.
(6) 
The safeguarding of the Township's financial interests to the fullest extent.
Within the Department of Finance, there shall be a Division of Accounts and Control. Under the supervision and direction of the Director of Finance, the Division shall:
A. 
Develop, maintain and enforce a uniform system of accounts, including forms, standards and procedures for all departments of the Township government. Any uniform system of accounts shall include appropriate provision for such records and reports as may be prescribed or approved by the Manager for the determination of the cost of performance of each functional program or activity, measured in such work units as may be appropriate thereto, and for such data, records and reports as may be prescribed or approved by the Manager for the preparation and execution of a budget for the expenditure of public funds for capital purposes to give effect to general improvement programs.
B. 
Maintain and operate the Township's central bookkeeping and accounting records according to sound accounting principles and in accordance with the requirements of the Director of the State Division of Local Government Services.
C. 
Audit all receipts and disbursements of the Township government of each of its departments and pre-audit all bills, claims and demands against the Township, including payrolls; and require each department head to certify that any materials, supplies or equipment have been received and accepted as specified and that the services have been duly rendered.
D. 
Control all expenditures to assure that budget appropriations are not exceeded and maintain such books and records as may be required for the proper exercise of such budgetary control.
E. 
Review each proposed expenditure and commitment to be made on behalf of any department for conformity with state law, the Charter and ordinances of the Township, and authorize only such expenditures and commitments as conform with all the requirements of the administrative code.
F. 
Install, operate and maintain a central payroll system and all social security, pension and insurance records for personnel of all departments.
G. 
Devise, install and supervise a perpetual inventory of unissued stores of the Township and install an accounting system whereby the status of such inventories will be maintained currently. Supervise a physical inventory periodically. Supervise the making of inventory lists of furniture and equipment by every officer, department or other agency having possession of Township-owned property. Devise a system of inventory records to account for all furniture and equipment and supervise a periodic counting of such furniture and equipment.
H. 
Submit a monthly report of expenditures and balances to the Council and Manager.
Within the Department of Finance there shall be a Division of Tax Collections. The head of the Division shall be the Township Tax Collector. The Tax Collector shall have, perform and exercise all the functions, powers and duties as are provided by general law and Township ordinance. He or she shall receive and collect all moneys assessed or raised by taxation or assessment for any purpose. He or she shall keep proper records and report to the Director of Finance at least once a month all receipts and deposits made by him or her and shall in such report account for all moneys for which he or she is responsible. He or she shall keep a current record of all tax title liens, advising the Director promptly as such liens become ripe for foreclosure under the law. He or she shall enforce the payment of delinquent taxes by the means provided by law as soon as they become delinquent. He or she shall also serve as tax searcher and Township improvement searcher and perform such duties as are prescribed by general law and municipal ordinance. However, the Manager may appoint in lieu of the Tax Collector any qualified person to the position of tax searcher and Township improvement assessment searcher. An Assistant Tax Collector may be appointed by the Township Manager to assist the Tax Collector.
Within the Department of Finance there shall be a Division of the Treasury under the direction of the Township Treasurer. The Division shall:
A. 
Keep and maintain books and records of all financial transactions of the Township in accordance with the standards and requirements of the State Division of Local Government Services.
B. 
Have custody of all public moneys and make monthly reports to the Director of Finance of all receipts, expenditures, commitments and unexpended appropriations. All moneys received from any source by or on behalf of the Township or any department, board, office or agency thereof, except as otherwise provided by ordinance, shall be paid to the Treasurer, who shall by the next ensuing bank day after their receipt, deposit them to the credit of the Township in the authorized public depository, to the credit of the proper account.
C. 
Be the certifying agent for the Public Employees Retirement System of New Jersey, Consolidated Police and Firemen's Pension Fund of New Jersey, Police and Firemen's Retirement System of New Jersey, Old Age and Survivors Insurance System; hospitalization, medical surgical and major medical group insurance plans for employees; withholding taxes; United States savings bonds; employees unions; and United Fund Appeals.
D. 
Supervise and perform the work involved in the negotiation of loans and the sale of bonds.
E. 
Have custody of all investments and invested funds of the Township or in its possession in a fiduciary capacity except as otherwise provided by law and have the safekeeping of all bonds and notes for transfer, registration or exchange; invest or deposit all moneys not required for current operation in interest-bearing accounts as may be approved by the Division of Accounts and Control.
F. 
Within the Division the Treasurer may also serve as custodian of school funds. In such capacity he or she shall receive and safely keep and disburse all moneys raised and received for the public schools and keep separate accounts thereof, provided that no money shall be paid out of the public school funds by the Treasurer except on warrant signed by the President and Secretary of the Board of Education pursuant to an order or resolution passed at a stated meeting of the Board of Education and entered in its minutes.