Council shall appoint a Finance Director to serve at Council's pleasure who shall act as the City's chief accountant and auditor, preparing financial statements and budgets in consultation with the City Manager. The Finance Director shall issue warrants to the Treasurer for paying out municipal funds and shall keep an accurate account of all taxes and assessments, and of all money due, all receipts and disbursements by, and of all assets and liabilities of the Municipal Corporation and of all appropriations made by Council. The Finance Director shall at the end of each fiscal year, and more often if required by Council, audit the accounts of the several departments and officers and shall audit all accounts in which the Municipal Corporation is interested. The Finance Director may prescribe the form of reports to be rendered to their department, and the method of keeping accounts by all other departments, and they shall require daily reports, showing all money received and disposition thereof, to be made to him or her by each department. The Finance Director shall, upon the death, resignation, removal or expiration of the term of any officer, audit the accounts of such officer, and if such officer is found indebted to the Municipal Corporation, the Finance Director shall immediately give notice to Council and the Law Director. (Amended November 2, 2004)