Mentoring

When a new Director of Finance is hired who lacks municipal experience, MFC will contact the CAO and offer access to this program. It is the hope that a program like this will assist the new municipal Director of Finance to become more accustomed to municipal government by speaking with a retired former Director of Finance to help understand the way municipalities function and operate.

Mentors will meet with the new Director of Finance for up to three hours, to a maximum of four meetings.

Topics for discussion will be:

• Fund Accounting
• Council Reports
• Director of Finance Responsibilities
• Tax Sales
• Budgeting Process
• CAO/Director of Finance Relationship
• Year-End Working Papers
• Non-consolidated/Consolidated Financial Statements

The mentor is paid by the Corporation and is offered free to the municipality.