(a) Establishment: There is hereby created the position of Director of Finance. The Director of Finance shall be appointed by the Mayor subject to approval of Council.
(b) Qualifications: The Director of Finance shall be a graduate of an accredited college, with a Bachelor's degree in accounting or finance, and shall possess not less than five years experience demonstrating progressive responsibilities in at least one of the two following alternatives:
(1) Five years practicing in the field of fund or not-for-profit accounting; or
(2) Two years practicing in the field of public accounting and three years practicing in the field of fund or not-for-profit accounting.
(3) Candidate need not be a resident of Highland Hills.
(4) Experience in preparation of GPFS and/or CAFR reports, and completion of GAAP conversions.
(c) Duties and Responsibilities: The following duties shall be performed by the Director of Finance:
(1) Keep the books of the Municipality;
(2) Exhibit accurate statements of all moneys received and expended and of all property owned by the Municipality and the income derived therefrom, and of all taxes and assessments;
(3) Keep an accurate account of all moneys, taxes and assessments due to and all receipts and disbursements made by the Municipality, and of all appropriations made by Council and present these accounts to the Council no less than quarterly;
(4) Shall receive all moneys due or belonging to the Municipality;
(5) Disburse the Municipality's funds on the order of any person authorized by ordinance or resolution of Council to issue orders therefore and subject to any further conditions which Council may, by ordinance or resolution, prescribe;
(7) Shall authenticate all records, documents and instruments of the Municipality on which authentication is properly required by law and may delegate such authority to department directors or their staff;
(8) Shall perform all other duties required by this Charter or by ordinance or resolution of Council.
(9) Supervision and review of Finance Department staff.
(10) Annual conversion of Village's cash basis accounting records to GAAP basis records in accordance with GAGAS and Ohio Revised Code Compliance Guide requirements. This includes the creation and maintenance of individual fund working trial balances.
(11) Preparation, review of all workpapers required to perform the GAAP conversion.
(12) Timely preparation and filing of any or all county or state required financial reports.
(13) Supervision and control of the Village investment policy and any and all investments subject to further reporting and review of Village Council's Finance Committee.
(Ord. 2010-10. Passed 3-10-10.)