The Division of Finance shall be headed by the Chief Financial Officer, who shall be appointed by the Mayor, with the advice and consent of the Municipal Council, for a term of four years, running from January 1 in the year in which the Chief Financial Officer is appointed, or until a successor shall be duly appointed and qualified.
The Chief Financial Officer shall be qualified in accordance with the requirements of L. 1988, c. 110 (.N.J.S.A. 40A:9-140.1 et seq., as amended), and shall be responsible for the proper financial administration of the municipality under the Local Government Supervision Act (1947), P.L. 1947, c. 151 (N.J.S.A. 52:27BB-1 et seq.), and such other statutes and rules promulgated by the Director of the Division of Local Government Services, the Local Finance Board, or any other state agency as may pertain to the financial administration of the municipality.
The Director of the Department of Finance and Revenue, subject to any appropriation set forth in the annual budget approved by the municipality, may appoint a Deputy Finance Officer, for a term not to exceed the term of the Director, who shall perform such duties, including but not limited to supervisory duties, as may be assigned by the Director or the Chief Financial Officer.