The Finance Department is primarily responsible for the Town of Exeter's Payroll, accounts payable, accounts receivable, and cash management. The Department processes bi-weekly payroll and weekly accounts payable warrants for the Town.
The Department manages all deposits of revenue and posts same to the Town's revenue ledger.
The Department reconciles the Town's cash accounts with the general ledger, and approves purchase orders in accordance with Town Purchasing policy.
The Finance Department acts as stewards of the Town's financial resources, coordinates the production of the annual town audit, and plays a large role in the annual town budget process by assisting departments and the town manager, as well as providing support to the Budget Recommendations Committee.
The Finance Department also manages cash and investments related to the Town's funds via the Town Treasurer. In addition, the Department manages capital loan proceeds including applications for funding through the New Hampshire Bond Bank and other financial institutions.