The Town of Wellesley is currently accepting applications for Treasurer/Collector. The general purpose of this position is to perform professional, administrative, and supervisory work in overseeing and participating in cash management, debt management and collection of monies for the Town. This position negotiates short-term notes and long-term bond issues and manages disbursements for the Town subject to the approval of the Select Board. The Treasurer is responsible for the investment of all Town funds with emphasis on safety, liquidity and yield. The Treasurer acts as a custodian of performance bonds and deeds to Town property. The incumbent executes the taking and sale of tax title property.
The incumbent provides financial oversight for the Town’s Workers Compensation self-insurance program as well as for the other employee benefit plans including health insurance, dental insurance, life insurance, and 457 plans. The Treasurer performs treasury functions for the Town’s Retirement System and acts as Trustee of the Town’s Other Post-Employment Benefits (OPEB) trust.
The Tax Collector collects all taxes on real estate and personal property, betterment assessments and motor vehicle excise taxes. The incumbent collects all accounts committed to this office including payments made on utility bills, parking tickets, police detail, fire, and police alarm charges.
The Treasurer Collector reports to the Finance Director and works also under the general direction of the Executive Director of General Government Services. The position includes a staff of four including an Assistant Treasurer/Collector. The mission of the office is to achieve these responsibilities while providing the highest level of customer service and support to all of the Town’s constituencies (i.e. taxpayers, employees, retirees, and vendors), as well as satisfy the legal requirements set forth in Massachusetts General Laws and the Town’s bylaws.
Minimum qualifications: Master’s degree in Finance, Accounting, Business or related field and a minimum of 10 years financial experience, preferably in a large (over $100 million annual revenues) organization, including at least 2 years supervisory experience. Working knowledge of municipal finance laws, Department of Revenue reporting requirements and banking regulations.
Working knowledge of investment of public funds and governmental accounting principles and practices. Ability to manage revenue and to negotiate with investment and banking personnel.
Spreadsheet proficiency. Comfortable with automated cash processing systems and able to implement new technologies. Excellent public communication, organization and administrative skills. Ability to deal effectively with the public, employees and representatives from the banking and insurance industries. The salary for this position is $106,056 - $129,624, plus Retirement Board stipend.
