The Finance Department provides fiscal leadership to the Township of Woolwich by protecting, planning and managing the use of its financial resources.
The Finance Department has three main areas of responsibility:
Management and Budget- makes enterprise-level decisions; provides financial advice to Council, departments and local boards; and represents the Township to key external parties and partners on financial matters. Provides objective professional support on major strategic and financial initiatives that inform decision-making, including policy and budget development, business and financial planning, performance measurement, and project management. Administers and co-ordinates the operations of the Finance Department and staff. Includes statutory Treasurer's functions and the administration of:
- Corporate Payroll;
- Risk Management (Insurance) Programs;
- Investments; and
Accounting- serves key stakeholders (Township government, citizens, taxpayers, employees) by processing transactions and accounts payable; administering the financial database; analyzing and interpreting financial information; preparing financial reports used by managers, elected leadership, and the general public; and creating financial management solutions. Also includes management responsibilities for procurement services (purchasing equipment, supplies and services for the Township).
Revenue- ensures proper, accurate and timely service activities for invoicing, collecting, receipting and depositing all money in the Township treasury. Ensures that strong relationship management and customer services are at the forefront of each service activity. Program area includes property taxes, water/wastewater billing, and other revenues and accounts receivable.