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The borough chief fiscal officer shall perform the following duties:

A. Have custody of all funds of the borough and deposit the same as directed by the assembly;

B. Sign all checks, warrants and orders for withdrawal of funds after the same shall have been authorized by the assembly;

C. In the absence of the chief fiscal officer or clerk, the mayor, deputy mayor, manager, or attorney may, as authorized by resolution of the assembly, sign such deposits, warrants and checks;

D. Give bond to the borough as the assembly directs;

E. Provide a monthly financial summary to the mayor and manager of all of the financial activities of the borough;

F. Compile the annual budget of the borough;

G. Prepare and submit to the mayor and manager such financial reports as may from time to time be required;

H. Prescribe and control such procedures as are necessary to protect the borough funds and property;

I. Perform such other duties as the code or the manager requires;

J. Keep proper books of accounts including all funds as required by the assembly;

K. Prepare all records for the annual audit and any special audits as may be required;

L. Interface with fund managers appointed by the assembly and assure that funds under their control are being managed in accordance with borough policy.