Treasurer Assistant Tax Collector

Treasurer/Assistant Tax Collector Town of Marblehead

Position Summary:

The Treasurer serves as the chief cash management and treasury officer for the municipality and is responsible for the administration, custody, investment, disbursement, and reconciliation of all municipal funds in accordance with Massachusetts General Laws and accepted governmental finance practices. The Treasurer oversees municipal banking relationships, debt management, payroll disbursement, cash forecasting, trust funds, and investment activities while ensuring strong internal controls, financial integrity, and regulatory compliance.

This position requires advanced knowledge of Massachusetts municipal finance laws, treasury operations, governmental accounting practices, debt administration, and public sector financial management. The Treasurer works collaboratively with the Deputy Tax Collector/Asst. Treasurer, municipal leadership, financial institutions, auditors, state agencies, and the public to ensure the municipality’s financial stability and operational effectiveness.

The essential functions or duties listed below are intended only as illustrations of the various types of work that may be performed. The omission of specific duties does not exclude them from the position if the work is similar, related, or a logical assignment to the role.

• Maintains custody and control of all municipal funds and ensures the accurate receipt, deposit, investment, and disbursement of public monies.
• Manages the municipality’s cash flow, liquidity, and short- and long-term investment strategies in accordance with Massachusetts General Laws and town financial investment policies.
• Monitors daily cash balances and prepares cash flow projections and financial analyses.
• Oversees municipal banking relationships and coordinates banking services, wire transfers, electronic payments, and merchant services.
• Administers trust funds, stabilization funds, special revenue funds, and other municipal financial assets.

• Coordinates with the Finance Director the issuance and administration of municipal debt, including bonds, notes, and temporary borrowing in collaboration with financial advisors, bond counsel, auditors, and state agencies.
• Ensures compliance with all federal, state, and local reporting requirements related to debt and treasury operations.
• Development of financial policies, procedures, and long-range financial planning initiatives.
• Participates in budget development and financial forecasting activities.
• Maintains accurate financial records and prepares reports for municipal leadership, auditors, and regulatory agencies.

• Ensures timely and accurate processing of payroll and vendor payments.
• Reviews and authorizes checks, ACH transactions, and electronic disbursements.
• Ensures compliance with applicable payroll and tax reporting requirements, and internal controls. Responsible for 941 tax forms and payments.

• Develops, implements, and monitors strong internal control systems to safeguard municipal assets and ensure financial accountability.
• Reconciliation of bank accounts, investments, and cash balances with the accounting system.
• Coordinates annual audit activities for Treasury and responds to auditor requests and findings.
• Ensures compliance with Massachusetts General Laws, federal regulations, and municipal finance best practices.

• Supervises treasury office personnel and oversees daily departmental operations.
• Establishes departmental procedures, workflows, and operational standards to improve efficiency and service delivery.
• Provides professional guidance and financial expertise to municipal officials, department heads, boards, committees, and the public.
• Attends meetings of the Select Board, Finance Committee, Town Meeting, and other municipal committees as required by the Finance Director.
• Participates in professional development activities and maintains awareness of evolving municipal finance regulations and best practices.

• W…