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BusinessFinancial Management: Williamsport Welcomes New Director of Finance

Financial Management: Williamsport Welcomes New Director of Finance

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“New Director of Finance Appointed in Williamsport | Enhancing Financial Management and Real-Time Reporting”

– Williamsport City Council has approved the appointment of a Director of Finance, Heather Jacoby, who will learn from Tracey Rash, the contracted finance manager with Government Finance Solutions.
– As the city implements updated financial, human resources, and payroll software, Jacoby’s role will include providing real-time financial information that can be accessed by employees, council members, and the public.

Elaboration:

Heather Jacoby was hired as the new Director of Finance for Williamsport after a thorough interview process. She will work closely with Tracey Rash, the contracted finance manager with Government Finance Solutions, to gain knowledge and insights into the city’s financial management.

One of Jacoby’s key responsibilities will be to oversee the implementation of updated financial software. This software is designed to provide real-time financial information, allowing employees, council members, and the public to have access to accurate and up-to-date financial data.

The finance office currently has three full-time staff members and one part-time employee. With Jacoby’s expertise and leadership, the office aims to improve financial management and ensure transparency in the city’s finances.

Jacoby brings a wealth of experience to her new role. She grew up in northern Tioga County and attended Bloomsburg University, where she focused on accounting. She later became a finance specialist in Bloomsburg and served as the director of finance for a town in Columbia County. Additionally, she has nonprofit experience from working with Luzerne County Head Start.

Jacoby is excited to return to municipal government accounting and looks forward to utilizing her strategic skills in working with banks, exploring investment options, and collaborating with the administration and town council.

Tracey Rash, the current finance manager, will introduce Jacoby to the city budgets and finance system. Rash has been working on reconciling accounts and correcting previously inaccurate finance records. The auditors are completing prior-year audits, and the 2019 audit is expected to be reviewed by the city soon.

Overall, Jacoby’s appointment as the Director of Finance in Williamsport marks a significant step towards enhancing financial management and transparency in the city. The implementation of updated software will provide real-time financial information for better decision-making and increased accountability.

Source: www.sungazette.com

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