The Director of Finance, after consultation with the Bureau of Inspection and Supervision of Public Offices, shall establish accounting and procedure systems to conform to State law and shall maintain and prepare all financial and accounting information in accordance with generally accepted accounting principles as presented and recommended by the National Council of Governmental Accounting and the American Institute of Certified Public Accountants insofar as the same are not contrary to State law and as the same may be supplemented and modified from time to time, and said procedure shall be amended from time to time to conform to any financial disclosure guidelines adopted by the Council in order to market the bonds and notes of the Municipality. The Director of Finance shall be the fiscal officer of the Municipality and shall be responsible for accounting, collection and custody of public funds, and control over disbursements. The Director of Finance shall be responsible for the establishment of accounting procedures and financial recording practices for all boards and commissions. The Director of Finance shall advise the Manager and the Council concerning the financial condition of the Municipality and shall examine all payrolls, bills and other claims against the Municipality and shall issue no warrants unless it shall be determined that the claim is in proper form, correctly computed, duly approved and within appropriations made by Council. The Director of Finance shall countersign all bonds and notes issued by the Municipality and shall perform other functions as may be assigned by the Administrative Code or by order of the Manager. (Amended November 2, 1976)