[HISTORY: Adopted by the Mayor and Council of the Town of Elsmere 12-11-1980 by Ord. No. 147. Amendments noted where applicable.]
Finance Committee — See Ch. 27.
The Department of Finance is hereby created.
The Director of Finance, formerly known as the "Town Accountant," shall be appointed by the Town Manager. The Director of Finance shall be chosen by the Town Manager on the basis of his or her professional and administrative qualifications in municipal finances and accounting procedures. He or she shall be either a college graduate in accounting or related field, or otherwise qualified by education and experience in finance and accounting.
[Amended 6-12-1990 by Ord. No. 256]
The Director of Finance shall be the chief financial officer of the Town of Elsmere. He or she shall be responsible to the Town Manager for the administration of all Town financial affairs placed in his or her charge by or under the Charter and by ordinance or resolution. He or she shall have the powers and duties enumerated in the Charter and by ordinance or resolution, and:
He or she shall see that all provisions of the Charter, ordinances and resolutions of the Council, directives of the Town Manager, subject to enforcement by him or her or by the personnel subject to his or her direction or supervision, are faithfully executed;
He or she shall establish and maintain bank accounts, payroll, reconciliations and other necessary transactions;
He or she shall maintain the daily fiscal operations of the Town;
He or she shall prepare all checks to accounts and agencies;
He or she shall prepare federal and state reports for all grants;
He or she shall record receipts from all sources and deposit them in such banking institutions as designated by the Council;
He or she shall invest all moneys in secured institutions in accordance with any investment policy that may be approved by Council;
He or she shall assist in the preparation and administration of the budget;
He or she shall prepare monthly financial reports for Council;
He or she shall prepare statistical reports and records presenting the same as required;
He or she shall perform other related duties as required by Mayor, Council and the Town Manager.