[HISTORY: Adopted by the Mayor and Council of the Borough of Waldwick 2-14-89 as Ord. No. 2-89.]
The Office of Chief Financial Officer is hereby created for the Borough of Waldwick, Bergen County, New Jersey, pursuant to the provisions of this ordinance.
The Chief Financial Officer shall be nominated by the Mayor and appointed with the advise and consent of the Council and the term of office of the Chief Financial Officer shall be in accordance with state law (NJSA 40A:9-140.8).
Any vacancy in said office shall be filled by appointment of the Mayor and Council.
The Chief Financial Officer may be removed in accordance with provisions of State Civil Service Law.
a) 
The Chief Financial Officer shall be appointed on the basis of their executive and financial administrative abilities and qualifications and must be certified as a municipal finance officer in accordance with State statutes.
b) 
The Chief Financial Officer shall be required to renew the State certification every two years in order to retain the title.
The Chief Financial Officer of the Borough of Waldwick shall be responsible to the Mayor and Council as a whole for the proper and efficient administration of the financial affairs of the Borough. The duties and responsibilities relate to general management of all Borough finances, accepting therefrom those duties and responsibilities conferred upon other Borough officials by State statutes, other applicable laws, rules and regulations promulgated by the State and County agencies, decisional law or ordinance of the Borough of Waldwick.
The Chief Financial Officer shall receive a salary in such sums as may be fixed and adopted by the Mayor and Council in the annual salary ordinance of the borough. In the salary ordinance for the year 1989, salary shall be as defined in said ordinance for the position of Treasurer and hereafter shall be defined specifically for the position of Chief Financial Officer.
Effective date for this ordinance shall take effect after final passage and publication as required by law.