About This Role
This position oversees the finances of the city and supervises the finance department staff. The Municipal Treasurer is responsible for financial reporting and general accounting, including accounts payable, accounts receivable, payroll asset management, cash management, and revenue management. This role involves planning, organizing, and implementing programs in compliance with City policy, legal regulations, Federal and State reporting standards, generally accepted accounting principles, and other government standards.
Responsibilities
- Supervise Finance Department employees and perform necessary training, work assignments, evaluations, and counseling
- Maintain central accounting and financial reporting system(s) for the City in accordance with established accounting principles and practices, in sufficient detail to produce accurate and effective cost, financial, and statistical data for management purposes
- Manage the disbursement of City funds, including payroll and accounts payable, in accordance with budgetary authority and legal requirements
- Examine accounts, vouchers, and requests for payment, payroll documents, invoices, tax statements, general ledger entries, check registers, and related records as necessary in the maintenance and control of expenditures
- Assist City Management on matters pertaining to accounting, cost, cost allocation, budgeting, auditing, and financial management
- Prepare the City’s annual requested budget
- Review, evaluate, and make recommendations on department budget requests, supplemental appropriations, and budgetary transfers
- Assist City Management in preparing the final budget
- Prepare the City ACFR (Annual Comprehensive Financial Report) to meet the highest standards of reporting
- Prepare monthly, quarterly, and yearly financial reports and statements
- Help review and evaluate overall financial condition and keep the City Manager advised
- Prepare and review journal entries, issue periodic reports
- Manage areas of ad valorem tax levy and collections reporting
- Work with City Administration and county governments to properly calculate and establish annual millage
- Receive and/or review assessment data, invoices, requisitions, and other vendor pay requests
- Review financial data from systems and advice from legal or other consultants
- Refer to Accounting procedures, GASB statements, GFOA, State law, City code, South Carolina and Federal tax code, computer system data, and Human Resources and Procurement policies
- Be responsible for all accounting functions of the City, for the general governmental fund and for the City’s Water and Sewer Utility Enterprise Fund, TIF, Hospitality Tax, Accommodations Tax, and various other city-maintained funds
- Ensure all bank reconciliations are completed in a timely manner
