Accounting Duties and Responsibilities (cont'd)

The Accounting Department provides accounting services to the Town and the School Systems.  Among its major functions are the control of all receipts and disbursements of the Town.  Other major departmental activities include the maintenance of the general ledger for all town and school funds and payroll for all town and school employees.  In addition the department is responsible for account analysis and reconciliation, certification of availability of funds and ongoing financial monitoring of all contracts entered into by the town.

The department maintains accurate accounting records which enable the Town to issue financial reports for both internal and external use, including the preparation of state required reports.  It also coordinates the annual financial and compliance audit with the independent auditors.

In addition, the Town Accountant, in conjunction with the Town Manager, assists in the formulation, preparation and administration of the town budget.