The office of Director of Finance is hereby created and established.
The Director of Finance is appointed by the City Manager and serves at the pleasure of the City Manager. In the absence of appointment by the City Manager, the City Manager serves as Director of Finance.
The office of the Director of Finance shall be a part of the personnel system and subject to all of the terms and provisions of this Chapter.
Prior to entering upon the duties of his office, the Director of Finance shall execute a bond to the City in the amount and in the manner required of other City officers.
In addition to such other duties as may be designated by resolution, ordinance or direction of the City Council, the Director of Finance shall:
A.
Maintain and operate the general accounting system of the City and of each of its departments.
B.
Perform such accounting function and duties in accordance with the latest and most modem accounting methods.
C.
Maintain and prescribe and require the maintenance of inventory records of municipal properties necessary in accordance with modem municipal accounting practices.
D.
Perform the functions and duties relating to the administration and collection of taxes, licenses and permit fees levied by the City, with the exception of the duties of the City tax collector and assessor which by Ordinances No. 1 and No. 44 have been transferred to the Los Angeles County Tax Assessor and Collector.
E.
Perform the duties relating to preparing, auditing, presenting and disbursing claims and demands against the City, including payroll.
F.
Assist in the preparation of the annual budget and in the administration of the budget.
G.
Supervise the office of City Treasurer.
H.
Establish and maintain sufficient and satisfactory procedure and controls over municipal revenues and expenditures in all Departments, Divisions and services of the City in accordance with modem municipal accounting practices.