[Adopted 10-20-2008 by Order No. 2008-272 (Ch. 2.18 of the 1993 Code)]
There shall be a Department of Municipal Finance (hereinafter "Department") responsible for the performance of the accounting and financial activities of the City. The Department shall assume all of the duties and responsibilities related to accounting and financial activities which prior to the adoption of this article were performed by or under the authority of the City Auditor. The Department may have such additional powers, duties and responsibilities with respect to accounting and financial-related functions and activities as may from time to time be provided by ordinance.
A. 
Appointment; term. The Mayor shall appoint the Director of Municipal Finance (hereinafter "Director") who shall hold office for a term of not more than three years, unless sooner removed, or until his/her successor is appointed. The Director shall be a person especially fitted by education, experience and training to perform the duties of the office. The minimum qualifications for the position of Director shall be a master's degree in business administration and/or a master's degree in public finance and/or accounting, and/or a certified public accountant certification, and a minimum of five years of municipal finance experience in the Commonwealth of Massachusetts. The Director shall be responsible for the supervision and coordination of all activities of the Department in accordance with state statutes, City ordinances, administrative code and rules and regulations.
B. 
Duties and responsibilities. The powers and duties of said Director of Municipal Finance shall include the following:
(1) 
Coordination, administration, and supervision of all financial services and activities.
(2) 
Assistance in all matters related to municipal financial affairs.
(3) 
Implementation and maintenance of uniform systems, controls, and procedures for financial activities in all departments, including but not limited to maintenance of all financial and accounting data and records.
(4) 
Implementation and maintenance of uniform budget guidelines and procedures.
(5) 
Assistance to the Mayor in development and preparation of all department budgets and spending plans.
(6) 
Financial review of all contracts and obligations.
(7) 
Monitoring of existing debt and coordination of future borrowing plans.
(8) 
Monitoring of the expenditure of all funds and the receipt of all revenues, including periodic reporting to appropriate agencies of the status of accounts and including reporting to the City Council at the second meeting of each month as to the status of funds and receipts as of the end of the preceding month.
(9) 
Coordinating the strategy for the funding of capital improvement plans.
(10) 
Exercise the duties enumerated in MGL c. 41, §§ 51, 52, 54, and 54A.
(11) 
Where the duty is not expressly charged to any other department or office, it shall be the duty of the Director to promote, secure, and preserve the financial interests of the City.