Except as otherwise provided in this Article V, the Auditor shall have been a resident and an elector of the City for at least three (3) years immediately prior to the date of his election and shall continue to be a resident and an elector therein throughout his term of office. He shall not, directly or indirectly, solicit, contract for, receive or be interested in, any profit or emolument from or on account of contract, job, work or service with or for the City.