Stephanie Holmes, City Treasurer
Department of Finance
Bureau of City Treasurer
520 Market Street
City Hall, Room 213
Camden, NJ 08101-5120
Phone: (856) 757-7008
Fax: (856) 757-7354

Finance Department, Treasury Division

Create a system of accounting controls designed to

  • Minimize risk of loss or mistakes.  Promptly correct mistakes.
  • Assure that all transactions are accurately processed.
  • Comply with NJ laws and regulations.
  • Proper approval and timely posting.
  • Maintain efficient workflow processes and approvals.
  • Support or train those served by the Finance Department.
  • Maintain security passwords and permissions to access the City’s financial system.

Maximize investment earnings while assuring that adequate cash is available to pay bills as they become due.

  • Timely and accurate payment for debt obligations, vendor expenses, and payroll.
  • Comply with the Prompt Payment Act – all vendors are paid within 30 days of submitting an invoice.
  • Reduce the need for Interfund Loans and promptly liquidate when loans are needed.

Relationship with the Tax Collector

  • Cashiers post Revenue to proper accounts.
  • Timely deposits, reports. and reconciliations.

Relationship with Grants Management Division

  • Reconcile actual grant activity against budget and revenue postings.
  • Review grant revenue – grant expenditure reports are timely filed, and revenue reimbursed.

Regular periodic review of revenue and budget reports

  • Compare with anticipated amounts.
  • Process and post all necessary adjustments to Budget or Revenue accounts while assuring an accurate and balanced General Ledger.

Responsible for custody of cash and investments

  • Comply with the City’s Cash Management Plan as submitted annually by the CFO.
  • Process appropriate transfers in consultation with the CFO.
  • Prepare a monthly cash and investment report that accurately reflects General Ledger balances.

Maintain and monitor the General Ledger and all subsidiary ledgers.

  • Provide reports, as needed, or requested, to people in need of financial information.
  • Research transactions or balances as needed or requested.
  • Reconcile accounts and process adjusting entries when needed.