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Finance director outlines staffing changes after deputy treasurer's retirement
Summary
With the deputy treasurer retiring June 28, finance staff proposed moving an accountant into an interim treasury role and exploring a longer-term merger of management functions to reduce redundancy while preserving segregation of duties.
Danielle, the City of Franklin Director of Finance and Treasurer, told the Finance Committee that the city's deputy treasurer, Roseanne, has announced her retirement effective June 28 and that staff are preparing short- and medium-term options to maintain treasury operations.
The discussion focused on cross-training, segregation of duties, and a possible 12- to 18-month plan to merge management functions in finance and treasury if auditors and job analyses support the change. Danielle said she plans to have an interim assignment for an existing accountant while meeting with auditors and evaluating potential job-description…
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