The Finance Department consists of the Financial Administrator, which is a part-time employee position, and the Treasurer, which is an elected official position serving a three-year term.
The Financial Administrator reports to the Town Administrator and is responsible for the areas of financial reporting, payroll, accounts payable, accounts receivable, purchasing, and human resources. In addition, the Financial Administrator develops, implements and monitors internal financial controls and works with the Town's auditor to produce accurate annual financial statements. The Financial Administrator also takes an active role in budget development, implementation and monitoring for the Town.
The Treasurer is an elected official and is primarily governed by NH RSA 41:29. Under NH RSA 41:29, the Treasurer maintains custody of Town funds (with the exception of the trust funds which are in the custody of the Trustees of the Trust Funds) and pays out said funds as outlined in the RSA. The Treasurer is also responsible, among other things, for ensuring the deposit of all revenues into appropriate accounts and reconciling the Town's bank accounts.
It is the duty of the Finance Department to ensure the proper handling, use and reporting of the Town's monies in accordance with Town Meeting vote and any applicable State laws.