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The Office of the Town Accountant helps protect the financial
interests of the town by providing independent oversight of the Town's finances
and by ensuring that financial transactions are executed legally, efficiently,
and effectively. The office also serves as a barrier to potential fraud or
misuse of the Town's resources. Other responsibilities of the Accountants
office include:
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Maintains a complete set of financial records for all town
accounts, appropriations, debts, and contracts; maintains a general ledger and
journal for the recording of all transactions. Has full audit responsibility for
all town department receipts and expenditures; audits Treasurer's cash and
assists in outside audit.
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Accounting provides financial information to a wide variety
of stakeholders including the Town Manager, the Town Council, town departments,
the investment community, federal, state, and other levels of government and to
the citizens of Ashland.
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Monitors expenditures of all town funds; examines all
vouchers, department bills and payrolls for appropriateness of expenditure and
for accuracy and availability of funds before payment by Treasurer; reconciles
Treasurer's cash balance with General Ledger cash balance; reconciles cash
balances of all Trust Funds; oversees preparation of weekly warrants for
payrolls and accounts payable for review by the Manager.
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Oversees and participates in the posting of weekly warrants
in ledger; posts cash receipts in ledger as received and monthly entries in
journal. Assists other town officials in monitoring the town's financial
condition; notifies departments of expenditures and account balances on monthly
basis; makes recommendations to improve financial condition.
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Compiles and submits required state and federal reports
during and at close of fiscal year; prepares annual balance sheet and breakdown
of cash receipts; prepares annual reports for town report. Answers questions
from departments, Board of Selectmen and general public regarding town finances
and/or accounting procedures.
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Prepares expenditure estimates and provides detailed revenue
estimates to the Town Manager. Finalizes Finance Committee's recommended budget
and prepares monthly expenditure reports.
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Interprets and administers labor contracts and Personnel
Rules & Regulations. Coordinates industrial accident reports, Injured on Duty
Reports, affirmative action and equal opportunity reports.
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