Finance Director, Qualifications. The director of municipal finance
shall be a person especially fitted by education, experience and training
to perform the duties of the office. The educational qualifications
shall consist of a master's degree in finance, accounting or
public or business administration, granted by an accredited degree-granting
college or university, and professional qualifications shall include
not less than 3 years of prior full-time compensated service in accounting
or business administration or 5 years or more of such professional
experience and a bachelor's degree in an appropriate discipline.
At the request of the town administrator, the select board may waive
the education or experience requirements listed if the board determines
that an applicant's qualifications provide an equivalent combination
of education and experience and that such waiver is in the best interests
of the town.
The salary, fringe benefits and other conditions of employment
of the director of municipal finance, including but not limited to,
severance pay, relocation expenses, reimbursement for expenses incurred
in the performance of the duties of office, liability insurance, conditions
of discipline, termination, dismissal and reappointment, performance
standards and leave may be established by contract.